07031 rental market

What is the average rent in 07031?

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Last updated October 30, 2025

Rental market summary

The average rent for all bedrooms and all property types in 07031 is $2,400.

Average rent

$2,400

Month-over-month change

+$100

Year-over-year change

-$100

Available rentals

30

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $825 to $6,395.

Rent frequencies
Rent priceNumber of rental properties
$8001
$1,6001
$1,7003
$1,8003
$1,9005
$2,0003
$2,1001
$2,2003
$2,3005
$2,4004
$2,5003
$2,6006
$2,7004
$2,9002
$3,0003
$3,7002
$5,000+1

Average rent price over time

In the last year, rent has decreased by $100 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,900$2,350
Feb$2,900$2,350
Mar$2,550$2,300
Apr$2,700$2,250
May$2,500$2,300
Jun$2,350$2,275
Jul$2,330$2,122
Aug$2,407$2,300
Sep$2,500$2,230
Oct$2,300$2,300
Nov$2,500No data
Dec$2,300No data

Market temperature

The 07031 rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 07031 is 20% higher than the national average.

07031vs.

$2,400

$2,000

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Frequently asked questions

1. What is the average rent in 07031?

The average rent in 07031 is $2,400.

2. What is the average rent for a studio apartment in 07031?

The average rent for a studio apartment in 07031 is $2,100 per month.

3. What is the average rent for a one-bedroom apartment in 07031?

The average rent for a one-bedroom apartment in 07031 is $1,800 per month.

4. What is the average rent for a two-bedroom apartment in 07031?

The average rent for a two-bedroom apartment in 07031 is $2,300 per month.

5. What is the average rent for a three-bedroom apartment in 07031?

The average rent for a three-bedroom apartment in 07031 is $2,700 per month.

6. What is the average rent for a four-bedroom apartment in 07031?

The average rent for a four-bedroom apartment in 07031 is $5,075 per month.

7. How much does it cost to rent a house in 07031?

Houses in 07031 rent between $825 - $6,395 with an average rent of $2,400.

8. How has the rent in 07031 changed in the last year?

In the last year, the rent in 07031 decreased by $100

9. How much has the rent in 07031 increased/decreased in the last month?

In the last month, the rent in 07031 increased by $100

10. How many available rentals are there in 07031?

There are currently 30 rentals available in 07031.

11. How do rent prices in 07031 compare with the national average?

The average rent in 07031 is $2,400 — 20% higher the national average of $2,000.