07040 rental market

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Average rent price over time

Average rent price over time
Last year (2024)This year (2025)
Jan$7,550$3,391
Sep$5,995$3,391
Oct$5,995$3,391
Nov$7,550$3,925

Market temperature

The 07040 rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

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Frequently asked questions

1. What is the average rent in 07040?

The average rent in 07040 is $2,800.

2. How much does it cost to rent a house in 07040?

Houses in 07040 rent between $1,200 - $4,850 with an average rent of $2,800.

3. How has the rent in 07040 changed in the last year?

In the last year, the rent in 07040 decreased by $283

4. How much has the rent in 07040 increased/decreased in the last month?

In the last month, the rent in 07040 did not change.

5. How many available rentals are there in 07040?

There are currently 35 rentals available in 07040.

6. How do rent prices in 07040 compare with the national average?

The average rent in 07040 is $2,800 — Infinity% higher the national average of $0.