08723 rental market

What is the average rent in 08723?

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Last updated November 15, 2025

Rental market summary

The average rent for all bedrooms and all property types in 08723 is $3,367.

Average rent

$3,367

Month-over-month change

-$133

Year-over-year change

-$133

Available rentals

19

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,750 to $30,000.

Rent frequencies
Rent priceNumber of rental properties
$1,8001
$2,1001
$2,2002
$2,3001
$2,4001
$2,8001
$2,9001
$3,0001
$3,1002
$3,2002
$3,3002
$3,4003
$3,5002
$3,9002
$4,0001
$4,8001
$5,000+3

Average rent price over time

In the last year, rent has decreased by $133 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$3,100$3,100
Feb$3,200$3,300
Mar$3,200$3,500
Apr$3,290$3,600
May$3,650$3,900
Jun$3,300$3,833
Jul$3,250$3,750
Aug$3,200$3,200
Sep$3,400$3,200
Oct$3,000$3,200
Nov$3,350$3,500
Dec$3,700No data

Market temperature

The 08723 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 08723 is 68% higher than the national average.

08723vs.

$3,367

$2,000

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Frequently asked questions

1. What is the average rent in 08723?

The average rent in 08723 is $3,367.

2. What is the average rent for a one-bedroom apartment in 08723?

The average rent for a one-bedroom apartment in 08723 is $1,795 per month.

3. What is the average rent for a two-bedroom apartment in 08723?

The average rent for a two-bedroom apartment in 08723 is $2,300 per month.

4. What is the average rent for a three-bedroom apartment in 08723?

The average rent for a three-bedroom apartment in 08723 is $3,367 per month.

5. What is the average rent for a four-bedroom apartment in 08723?

The average rent for a four-bedroom apartment in 08723 is $4,944 per month.

6. How much does it cost to rent a house in 08723?

Houses in 08723 rent between $1,750 - $30,000 with an average rent of $3,367.

7. How has the rent in 08723 changed in the last year?

In the last year, the rent in 08723 decreased by $133

8. How much has the rent in 08723 increased/decreased in the last month?

In the last month, the rent in 08723 decreased by $133

9. How many available rentals are there in 08723?

There are currently 19 rentals available in 08723.

10. How do rent prices in 08723 compare with the national average?

The average rent in 08723 is $3,367 — 68.35% higher the national average of $2,000.