07054 rental market
Last updated August 23, 2025
Rental market summary
The average rent for 1 bedroom properties in 07054 is $1,995.
$1,995
+$40
+$110
16
Source: Zillow Rentals data
Rental price range
The price range for 1 bedroom properties is $1,741 to $2,995.
| Rent price | Number of rental properties |
|---|---|
| $1,700 | 2 |
| $1,800 | 2 |
| $1,900 | 6 |
| $2,000 | 2 |
| $2,200 | 1 |
| $2,500 | 1 |
| $2,700 | 2 |
| $3,300+ | 1 |
Average rent price over time
In the last year, rent has increased by $110 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,889 | $1,955 |
| Feb | $1,805 | $1,951 |
| Mar | $1,817 | $1,920 |
| Apr | $1,850 | $1,976 |
| May | $1,891 | $1,999 |
| Jun | $1,905 | $1,962 |
| Jul | $1,905 | $2,003 |
| Aug | $1,945 | $2,014 |
| Sep | $1,975 | No data |
| Oct | $1,950 | No data |
| Nov | $1,975 | No data |
| Dec | $1,995 | No data |
Market temperature
The 07054 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.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in 07054 is 26% higher than the national average.
$1,995
$1,587
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Frequently asked questions
1. What is the average rent in 07054?
The average rent in 07054 is $3,600.
2. How much does it cost to rent a house in 07054?
Houses in 07054 rent between $1,487 - $5,500 with an average rent of $3,600.
3. How has the rent in 07054 changed in the last year?
In the last year, the rent in 07054 increased by $1,302
4. How much has the rent in 07054 increased/decreased in the last month?
In the last month, the rent in 07054 increased by $432
5. How many available rentals are there in 07054?
There are currently 39 rentals available in 07054.
6. How do rent prices in 07054 compare with the national average?
The average rent in 07054 is $3,600 — Infinity% higher the national average of $0.