08723 rental market
Last updated August 23, 2025
Rental market summary
The average rent for all bedrooms and all property types in 08723 is $7,000.
$7,000
-$800
+$3,400
5
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $2,800 to $30,000.
| Rent price | Number of rental properties |
|---|---|
| $2,700 | 1 |
| $2,800 | 1 |
| $3,000 | 1 |
| $3,100 | 1 |
| $5,000+ | 3 |
Average rent price over time
In the last year, rent has increased by $3,400 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $3,500 | $4,000 |
| Feb | $6,000 | $3,500 |
| Mar | $13,000 | $4,000 |
| Apr | $10,000 | $3,700 |
| May | $3,650 | $9,500 |
| Jun | $4,000 | $9,500 |
| Jul | $3,300 | $9,500 |
| Aug | $3,600 | $7,000 |
| Sep | $4,000 | No data |
| Oct | $3,400 | No data |
| Nov | $3,800 | No data |
| Dec | $4,000 | No 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.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in 08723 is 159% higher than the national average.
$7,000
$2,700
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Frequently asked questions
1. What is the average rent in 08723?
The average rent in 08723 is $3,000.
2. How much does it cost to rent a house in 08723?
Houses in 08723 rent between $1,765 - $30,000 with an average rent of $3,000.
3. How has the rent in 08723 changed in the last year?
In the last year, the rent in 08723 decreased by $100
4. How much has the rent in 08723 increased/decreased in the last month?
In the last month, the rent in 08723 decreased by $320
5. How many available rentals are there in 08723?
There are currently 27 rentals available in 08723.
6. How do rent prices in 08723 compare with the national average?
The average rent in 08723 is $3,000 — Infinity% higher the national average of $0.