07508 rental market
Last updated August 21, 2025
Rental market summary
The average rent for 1 bedroom properties in 07508 is $1,850.
$1,850
-$403
-$708
7
Source: Zillow Rentals data
Rental price range
The price range for 1 bedroom properties is $1,495 to $2,775.
| Rent price | Number of rental properties |
|---|---|
| $1,400 | 1 |
| $1,500 | 1 |
| $1,600 | 2 |
| $1,800 | 1 |
| $2,300 | 2 |
| $2,700+ | 1 |
Average rent price over time
In the last year, rent has decreased by $708 compared to the previous year.
| 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 | $2,446 | No data |
| Oct | $2,000 | No data |
| Nov | $2,313 | No data |
| Dec | $2,048 | No 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.
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.
$1,850
$1,585
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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.