11516 rental market

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Last updated August 18, 2025

Rental market summary

The average rent for 1 bedroom properties in 11516 is $2,392.

Average rent

$2,392

Month-over-month change

-$83

Year-over-year change

-$304

Available rentals

4

Source: Zillow Rentals data

Rental price range

The price range for 1 bedroom properties is $2,320 to $3,250.

Rent frequencies
Rent priceNumber of rental properties
$2,3002
$2,8001
$3,200+1

Average rent price over time

In the last year, rent has decreased by $304 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,950$2,200
Feb$1,750$2,392
May$1,975$2,837
Jun$2,895$2,750
Jul$2,695$2,475
Aug$1,825$2,392
Sep$2,595No data
Oct$1,975No data
Nov$2,295No data
Dec$2,295No data

Market temperature

The 11516 rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 11516 is 51% higher than the national average.

11516vs.

$2,392

$1,588

Rent in 11516

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Frequently asked questions

1. What is the average rent in 11516?

The average rent in 11516 is $3,250.

2. How much does it cost to rent a house in 11516?

Houses in 11516 rent between $2,160 - $10,000 with an average rent of $3,250.

3. How has the rent in 11516 changed in the last year?

In the last year, the rent in 11516 decreased by $250

4. How much has the rent in 11516 increased/decreased in the last month?

In the last month, the rent in 11516 increased by $250

5. How many available rentals are there in 11516?

There are currently 13 rentals available in 11516.

6. How do rent prices in 11516 compare with the national average?

The average rent in 11516 is $3,250 — Infinity% higher the national average of $0.