07045 rental market

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Last updated August 8, 2025

Rental market summary

The average rent for all bedrooms and all property types in 07045 is $3,100.

Average rent

$3,100

Month-over-month change

-$2,400

Year-over-year change

+$100

Available rentals

8

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $2,722 to $5,747.

Rent frequencies
Rent priceNumber of rental properties
$2,8001
$2,9003
$3,0001
$3,1002
$3,8001
$4,7001
$4,8001
$5,000+1

Average rent price over time

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

Average rent price over time
Last year (2024)This year (2025)
Jan$2,700$3,249
Feb$2,700$3,246
Mar$2,600$3,227
Apr$2,600$3,950
May$2,827$3,850
Jun$3,200$3,450
Jul$3,207$4,500
Aug$2,700$3,061
Sep$3,157No data
Oct$3,091No data
Nov$3,111No data
Dec$3,313No data

Market temperature

The 07045 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.

Compare average rent in markets

Rent in 07045 is 48% higher than the national average.

07045vs.

$3,100

$2,100

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Frequently asked questions

1. What is the average rent in 07045?

The average rent in 07045 is $3,100.

2. How much does it cost to rent a house in 07045?

Houses in 07045 rent between $2,722 - $5,747 with an average rent of $3,100.

3. How has the rent in 07045 changed in the last year?

In the last year, the rent in 07045 increased by $100

4. How much has the rent in 07045 increased/decreased in the last month?

In the last month, the rent in 07045 decreased by $2,400

5. How many available rentals are there in 07045?

There are currently 8 rentals available in 07045.

6. How do rent prices in 07045 compare with the national average?

The average rent in 07045 is $3,100 — 47.62% higher the national average of $2,100.