07062 rental market

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Last updated August 19, 2025

Rental market summary

The average rent for 1 bedroom properties in 07062 is $1,850.

Average rent

$1,850

Month-over-month change

+$35

Year-over-year change

-$274

Available rentals

7

Source: Zillow Rentals data

Rental price range

The price range for 1 bedroom properties is $1,795 to $2,240.

Rent frequencies
Rent priceNumber of rental properties
$1,6001
$1,7001
$1,8002
$2,1002
$2,200+2

Average rent price over time

In the last year, rent has decreased by $275 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,125$2,125
Feb$2,050$2,100
Mar$2,100$2,150
Apr$2,125$2,125
May$2,100$2,062
Jun$2,125$2,125
Jul$1,900$1,857
Aug$2,125$1,850
Sep$2,125No data
Oct$2,125No data
Nov$2,125No data
Dec$2,125No data

Market temperature

The 07062 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 07062 is 17% higher than the national average.

07062vs.

$1,850

$1,588

Rent in 07062

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Frequently asked questions

1. What is the average rent in 07062?

The average rent in 07062 is $2,475.

2. How much does it cost to rent a house in 07062?

Houses in 07062 rent between $1,795 - $8,500 with an average rent of $2,475.

3. How has the rent in 07062 changed in the last year?

In the last year, the rent in 07062 decreased by $307

4. How much has the rent in 07062 increased/decreased in the last month?

In the last month, the rent in 07062 did not change.

5. How many available rentals are there in 07062?

There are currently 11 rentals available in 07062.

6. How do rent prices in 07062 compare with the national average?

The average rent in 07062 is $2,475 — Infinity% higher the national average of $0.