07416 rental market

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Last updated August 23, 2025

Rental market summary

The average rent for 1 bedroom properties in 07416 is $1,500.

Average rent

$1,500

Month-over-month change

$0

Year-over-year change

+$50

Available rentals

3

Source: Zillow Rentals data

Rental price range

The price range for 1 bedroom properties is $1,500 to $1,650.

Rent frequencies
Rent priceNumber of rental properties
$1,4002
$1,5002
$1,600+1

Average rent price over time

In the last year, rent has increased by $50 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,300$1,500
Feb$1,000$1,425
Mar$1,000$1,500
Apr$1,450$1,475
May$1,450$1,500
Jun$1,425$1,500
Jul$1,450$1,500
Aug$1,450No data
Sep$1,450No data

Market temperature

The 07416 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 07416 is 6% lower than the national average.

07416vs.

$1,500

$1,587

Rent in 07416

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Frequently asked questions

1. What is the average rent in 07416?

The average rent in 07416 is $1,650.

2. How much does it cost to rent a house in 07416?

Houses in 07416 rent between $1,500 - $2,750 with an average rent of $1,650.

3. How has the rent in 07416 changed in the last year?

In the last year, the rent in 07416 decreased by $200

4. How much has the rent in 07416 increased/decreased in the last month?

In the last month, the rent in 07416 decreased by $300

5. How many available rentals are there in 07416?

There are currently 6 rentals available in 07416.

6. How do rent prices in 07416 compare with the national average?

The average rent in 07416 is $1,650 — Infinity% higher the national average of $0.