08031 rental market

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Last updated August 17, 2025

Rental market summary

The average rent for 2 bedroom properties in 08031 is $1,625.

Average rent

$1,625

Month-over-month change

$0

Year-over-year change

-$233

Available rentals

2

Source: Zillow Rentals data

Rental price range

The price range for 2 bedroom properties is $1,625 to $2,915.

Rent frequencies
Rent priceNumber of rental properties
$1,6001
$1,900+1

Average rent price over time

In the last year, rent has decreased by $233 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,495$1,834
Feb$1,757$1,731
Mar$1,788$1,838
Apr$1,832$1,948
May$1,841$1,993
Jun$1,916$1,957
Jul$1,874$1,924
Aug$1,853$1,625
Sep$1,815No data
Oct$1,719No data
Nov$1,785No data
Dec$1,823No data

Market temperature

The 08031 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 08031 is 14% lower than the national average.

08031vs.

$1,625

$1,895

Rent in 08031

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Frequently asked questions

1. What is the average rent in 08031?

The average rent in 08031 is $1,625.

2. How much does it cost to rent a house in 08031?

Houses in 08031 rent between $1,100 - $2,800 with an average rent of $1,625.

3. How has the rent in 08031 changed in the last year?

In the last year, the rent in 08031 increased by $300

4. How much has the rent in 08031 increased/decreased in the last month?

In the last month, the rent in 08031 did not change.

5. How many available rentals are there in 08031?

There are currently 11 rentals available in 08031.

6. How do rent prices in 08031 compare with the national average?

The average rent in 08031 is $1,625 — Infinity% higher the national average of $0.