07508 rental market

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Last updated August 21, 2025

Rental market summary

The average rent for 1 bedroom properties in 07508 is $1,850.

Average rent

$1,850

Month-over-month change

-$403

Year-over-year change

-$708

Available rentals

7

Source: Zillow Rentals data

Rental price range

The price range for 1 bedroom properties is $1,495 to $2,775.

Rent frequencies
Rent priceNumber of rental properties
$1,4001
$1,5001
$1,6002
$1,8001
$2,3002
$2,700+1

Average rent price over time

In the last year, rent has decreased by $708 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,900$2,128
Feb$1,950$2,153
Mar$1,950$2,346
Apr$2,742$1,845
May$2,536$2,143
Jun$2,547$2,495
Jul$3,750$1,750
Aug$2,763$2,270
Sep$2,446No data
Oct$2,000No data
Nov$2,313No data
Dec$2,048No data

Market temperature

The 07508 rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 07508 is 17% higher than the national average.

07508vs.

$1,850

$1,585

Rent in 07508

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Frequently asked questions

1. What is the average rent in 07508?

The average rent in 07508 is $2,550.

2. How much does it cost to rent a house in 07508?

Houses in 07508 rent between $1,495 - $7,500 with an average rent of $2,550.

3. How has the rent in 07508 changed in the last year?

In the last year, the rent in 07508 decreased by $150

4. How much has the rent in 07508 increased/decreased in the last month?

In the last month, the rent in 07508 decreased by $236

5. How many available rentals are there in 07508?

There are currently 31 rentals available in 07508.

6. How do rent prices in 07508 compare with the national average?

The average rent in 07508 is $2,550 — Infinity% higher the national average of $0.