08031 rental market
Last updated October 3, 2025
Rental market summary
The average rent for 1 bedroom properties in 08031 is $1,408.
$1,408
+$158
+$133
3
Source: Zillow Rentals data
Rental price range
The price range for 1 bedroom properties is $1,100 to $2,485.
| Rent price | Number of rental properties |
|---|---|
| $1,000 | 1 |
| $1,100 | 1 |
| $1,400 | 1 |
| $1,500+ | 1 |
Average rent price over time
In the last year, rent has increased by $133 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,100 | $1,350 |
| Feb | $1,100 | $1,262 |
| Mar | $1,507 | $1,468 |
| Apr | $1,502 | $1,623 |
| May | $1,492 | $1,445 |
| Jun | $1,350 | $1,400 |
| Jul | $1,350 | $1,400 |
| Aug | $1,579 | $1,400 |
| Sep | $1,599 | $1,250 |
| Oct | $1,350 | $1,408 |
| Nov | $1,520 | No data |
| Dec | $1,350 | No data |
Market temperature
The 08031 rental market temperature is WARM. 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 08031 is 9% lower than the national average.
$1,408
$1,546
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Frequently asked questions
1. What is the average rent in 08031?
The average rent in 08031 is $1,644.
2. How much does it cost to rent a house in 08031?
Houses in 08031 rent between $1,100 - $2,900 with an average rent of $1,644.
3. How has the rent in 08031 changed in the last year?
In the last year, the rent in 08031 decreased by $27
4. How much has the rent in 08031 increased/decreased in the last month?
In the last month, the rent in 08031 increased by $19
5. How many available rentals are there in 08031?
There are currently 9 rentals available in 08031.
6. How do rent prices in 08031 compare with the national average?
The average rent in 08031 is $1,644 — Infinity% higher the national average of $0.