07045 rental market

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Last updated August 6, 2025

Rental market summary

The average rent for 3 bedroom properties in 07045 is $3,850.

Average rent

$3,850

Month-over-month change

-$1,650

Year-over-year change

-$715

Available rentals

2

Source: Zillow Rentals data

Rental price range

The price range for 3 bedroom properties is $3,850 to $5,250.

Rent frequencies
Rent priceNumber of rental properties
$3,8001
$5,000+1

Average rent price over time

In the last year, rent has decreased by $715 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
May$2,895$3,750
Jun$3,200$4,700
Jul$4,700$4,700
Aug$4,681$4,300
Sep$4,000$3,850
Oct$3,500$5,500
Nov$3,805$5,500
Dec$3,600$5,500

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 72% higher than the national average.

07045vs.

$3,850

$2,245

Rent in 07045

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Frequently asked questions

1. What is the average rent in 07045?

The average rent in 07045 is $3,147.

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

Houses in 07045 rent between $2,736 - $5,775 with an average rent of $3,147.

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

In the last year, the rent in 07045 increased by $34

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

In the last month, the rent in 07045 decreased by $1,353

5. How many available rentals are there in 07045?

There are currently 5 rentals available in 07045.

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

The average rent in 07045 is $3,147 — Infinity% higher the national average of $0.