07054 rental market

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Last updated August 21, 2025

Rental market summary

The average rent for 2 bedroom properties in 07054 is $2,695.

Average rent

$2,695

Month-over-month change

+$105

Year-over-year change

+$77

Available rentals

14

Source: Zillow Rentals data

Rental price range

The price range for 2 bedroom properties is $2,100 to $3,905.

Rent frequencies
Rent priceNumber of rental properties
$2,0001
$2,1001
$2,4003
$2,5002
$2,6002
$2,8001
$3,3001
$3,6001
$3,7001
$3,8001
$4,000+1

Average rent price over time

In the last year, rent has increased by $77 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,395$2,905
Feb$2,343$2,633
Mar$2,365$2,635
Apr$2,362$2,600
May$2,410$2,600
Jun$2,413$2,650
Jul$2,400$2,600
Aug$2,643$2,786
Sep$2,560No data
Oct$2,595No data
Nov$2,565No data
Dec$2,535No 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.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 07054 is 42% higher than the national average.

07054vs.

$2,695

$1,895

Rent in 07054

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Frequently asked questions

1. What is the average rent in 07054?

The average rent in 07054 is $3,389.

2. How much does it cost to rent a house in 07054?

Houses in 07054 rent between $1,564 - $5,500 with an average rent of $3,389.

3. How has the rent in 07054 changed in the last year?

In the last year, the rent in 07054 increased by $1,225

4. How much has the rent in 07054 increased/decreased in the last month?

In the last month, the rent in 07054 increased by $499

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 $3,389 — Infinity% higher the national average of $0.