07047 rental market

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Last updated August 21, 2025

Rental market summary

The average rent for 1 bedroom properties in 07047 is $2,200.

Average rent

$2,200

Month-over-month change

+$5

Year-over-year change

-$183

Available rentals

87

Source: Zillow Rentals data

Rental price range

The price range for 1 bedroom properties is $1,100 to $3,800.

Rent frequencies
Rent priceNumber of rental properties
$1,0001
$1,1002
$1,2001
$1,5001
$1,6002
$1,7009
$1,80017
$1,90021
$2,0007
$2,1005
$2,2004
$2,3004
$2,4007
$2,50016
$2,6008
$2,7006
$2,8004
$2,9003
$3,0002
$3,1001
$3,3002
$3,4002
$3,6002
$3,7002
$3,800+1

Average rent price over time

In the last year, rent has decreased by $183 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,300$2,250
Feb$2,250$2,300
Mar$2,150$2,200
Apr$2,123$2,250
May$2,100$2,375
Jun$2,350$2,170
Jul$2,140$2,250
Aug$2,000$2,150
Sep$2,495No data
Oct$2,405No data
Nov$2,350No data
Dec$2,250No data

Market temperature

The 07047 rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

hot

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 07047 is 39% higher than the national average.

07047vs.

$2,200

$1,585

Rent in 07047

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Frequently asked questions

1. What is the average rent in 07047?

The average rent in 07047 is $2,750.

2. How much does it cost to rent a house in 07047?

Houses in 07047 rent between $850 - $910,000 with an average rent of $2,750.

3. How has the rent in 07047 changed in the last year?

In the last year, the rent in 07047 increased by $50

4. How much has the rent in 07047 increased/decreased in the last month?

In the last month, the rent in 07047 increased by $50

5. How many available rentals are there in 07047?

There are currently 231 rentals available in 07047.

6. How do rent prices in 07047 compare with the national average?

The average rent in 07047 is $2,750 — Infinity% higher the national average of $0.