08048 rental market

What is the average rent in 08048?

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Last updated November 7, 2025

Rental market summary

The average rent for all bedrooms and all property types in 08048 is $4,995.

Average rent

$4,995

Month-over-month change

+$4,995

Year-over-year change

+$2,295

Available rentals

1

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $4,995 to $4,995.

Rent frequencies
Rent priceNumber of rental properties
$4,900+1

Average rent price over time

In the last year, rent has increased by $2,295 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Sep$2,850$2,700
Oct$2,800$2,700
Nov$2,700$5,495
Dec$5,495$5,845

Market temperature

The 08048 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.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 08048 is 92% higher than the national average.

08048vs.

$4,995

$2,600

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Frequently asked questions

1. What is the average rent in 08048?

The average rent in 08048 is $2,275.

2. What is the average rent for a one-bedroom apartment in 08048?

The average rent for a one-bedroom apartment in 08048 is $1,400 per month.

3. What is the average rent for a two-bedroom apartment in 08048?

The average rent for a two-bedroom apartment in 08048 is $1,900 per month.

4. What is the average rent for a three-bedroom apartment in 08048?

The average rent for a three-bedroom apartment in 08048 is $2,550 per month.

5. What is the average rent for a four-bedroom apartment in 08048?

The average rent for a four-bedroom apartment in 08048 is $4,995 per month.

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

Houses in 08048 rent between $565 - $4,995 with an average rent of $2,275.

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

In the last year, the rent in 08048 decreased by $325

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

In the last month, the rent in 08048 increased by $4

9. How many available rentals are there in 08048?

There are currently 15 rentals available in 08048.

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

The average rent in 08048 is $2,275 — Infinity% higher the national average of $0.

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