07640 rental market

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Last updated August 29, 2025

Rental market summary

The average rent for all bedrooms and all property types in 07640 is $2,000.

Average rent

$2,000

Month-over-month change

-$3,200

Year-over-year change

-$950

Available rentals

2

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $2,000 to $5,600.

Rent frequencies
Rent priceNumber of rental properties
$1,9001
$2,0001
$5,000+1

Average rent price over time

In the last year, rent has decreased by $950 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$4,300$4,500
Feb$2,500$2,500
Jun$5,000$3,400
Jul$2,500$2,500
Aug$2,500$2,350
Sep$2,950$5,850
Oct$5,250$5,769
Nov$4,700$5,200
Dec$4,500No data

Market temperature

The 07640 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 07640 is 5% lower than the national average.

07640vs.

$2,000

$2,100

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Frequently asked questions

1. What is the average rent in 07640?

The average rent in 07640 is $2,000.

2. How much does it cost to rent a house in 07640?

Houses in 07640 rent between $2,000 - $5,600 with an average rent of $2,000.

3. How has the rent in 07640 changed in the last year?

In the last year, the rent in 07640 decreased by $950

4. How much has the rent in 07640 increased/decreased in the last month?

In the last month, the rent in 07640 decreased by $3,200

5. How many available rentals are there in 07640?

There are currently 2 rentals available in 07640.

6. How do rent prices in 07640 compare with the national average?

The average rent in 07640 is $2,000 — 4.76% lower the national average of $2,100.