07416 rental market
Last updated August 25, 2025
Rental market summary
The average rent for 1 bedroom properties in 07416 is $1,500.
$1,500
$0
+$50
3
Source: Zillow Rentals data
Rental price range
The price range for 1 bedroom properties is $1,500 to $1,650.
| Rent price | Number of rental properties |
|---|---|
| $1,400 | 2 |
| $1,500 | 2 |
| $1,600+ | 1 |
Average rent price over time
In the last year, rent has increased by $50 compared to the previous year.
| 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 | $1,450 | No data |
| Sep | $1,450 | No 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.
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.
$1,500
$1,590
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Rent trends near 07416
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 $650
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.