08048 rental market
Last updated August 23, 2025
Rental market summary
The average rent for all bedrooms and all property types in 08048 is $1,994.
$1,994
+$44
-$119
12
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $565 to $2,800.
| Rent price | Number of rental properties |
|---|---|
| $800 | 1 |
| $900 | 1 |
| $1,400 | 1 |
| $1,800 | 1 |
| $1,900 | 2 |
| $2,300 | 1 |
| $2,500 | 1 |
| $2,600 | 2 |
| $2,700 | 3 |
| $2,800+ | 1 |
Average rent price over time
In the last year, rent has decreased by $119 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $2,500 | $2,600 |
| Feb | $2,600 | $2,400 |
| Mar | $2,650 | $2,540 |
| Apr | $2,300 | $2,100 |
| May | $2,450 | $2,100 |
| Jun | $2,300 | $1,987 |
| Jul | $2,300 | $1,953 |
| Aug | $2,200 | $2,317 |
| Sep | $2,450 | No data |
| Oct | $1,950 | No data |
| Nov | $2,650 | No data |
| Dec | $2,600 | No data |
Market temperature
The 08048 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.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in 08048 is 5% lower than the national average.
$1,994
$2,100
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Frequently asked questions
1. What is the average rent in 08048?
The average rent in 08048 is $1,994.
2. How much does it cost to rent a house in 08048?
Houses in 08048 rent between $565 - $2,800 with an average rent of $1,994.
3. How has the rent in 08048 changed in the last year?
In the last year, the rent in 08048 decreased by $119
4. How much has the rent in 08048 increased/decreased in the last month?
In the last month, the rent in 08048 increased by $44
5. How many available rentals are there in 08048?
There are currently 12 rentals available in 08048.
6. How do rent prices in 08048 compare with the national average?
The average rent in 08048 is $1,994 — 5.05% lower the national average of $2,100.