08048 rental market

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Last updated August 16, 2025

Rental market summary

The average rent for 2 bedroom properties in 08048 is $2,060.

Average rent

$2,060

Month-over-month change

+$110

Year-over-year change

-$42

Available rentals

5

Source: Zillow Rentals data

Rental price range

The price range for 2 bedroom properties is $671 to $3,565.

Rent frequencies
Rent priceNumber of rental properties
$6001
$1,9001
$2,0002
$2,600+1

Average rent price over time

In the last year, rent has decreased by $42 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,023$1,800
Feb$2,145$1,950
Mar$2,416$1,950
Apr$2,250$2,100
May$2,261$2,100
Jun$2,195$1,950
Jul$2,195$1,950
Aug$2,150$1,950
Sep$1,990No data
Oct$1,950No data
Nov$1,900No data
Dec$2,050No 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.

hot

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 08048 is 9% higher than the national average.

08048vs.

$2,060

$1,895

Rent in 08048

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Frequently asked questions

1. What is the average rent in 08048?

The average rent in 08048 is $2,075.

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 $2,075.

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

In the last year, the rent in 08048 decreased by $120

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

In the last month, the rent in 08048 increased by $125

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 $2,075 — Infinity% higher the national average of $0.