08048 rental market

What is the average rent in 08048?

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Last updated June 2, 2026

Rental market summary

The average rent for all bedrooms and all property types in 08048 is $2,250.

Average rent

$2,250

Month-over-month change

-$135

Year-over-year change

+$267

Available rentals

9

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,022 to $5,495.

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Rent frequencies
Rent priceNumber of rental properties
$1,0001
$1,3001
$1,4001
$1,8001
$2,1001
$2,2002
$2,4003
$2,5002
$5,000+1

Average rent price over time

In the last year, rent has increased by $267 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$2,600$1,800
Feb$2,400$1,956
Mar$2,540$2,450
Apr$2,100$2,364
May$2,100$2,500
Jun$1,987$2,250
Jul$1,953No data
Aug$2,317No data
Sep$1,950No data
Oct$2,100No data
Nov$2,266No data
Dec$2,279No data

Market temperature

The 08048 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 08048 is 13% higher than the national average.

08048vs.

$2,250

$2,000

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Frequently asked questions

1. What is the average rent in 08048?

The average rent in 08048 is $2,250.

2. How much does it cost to rent a house in 08048?

Houses in 08048 rent between $1,022 - $5,495 with an average rent of $2,250.

3. How has the rent in 08048 changed in the last year?

In the last year, the rent in 08048 increased by $267

4. How much has the rent in 08048 increased/decreased in the last month?

In the last month, the rent in 08048 decreased by $135

5. How many available rentals are there in 08048?

There are currently 9 rentals available in 08048.

6. How do rent prices in 08048 compare with the national average?

The average rent in 08048 is $2,250 — 12.5% higher the national average of $2,000.

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