07016 rental market
What is the average rent in 07016?
Last updated June 25, 2026
Rental market summary
The average rent for all bedrooms and all property types in 07016 is $2,958.
Average rent
$2,958
Month-over-month change
+$183
Year-over-year change
-$42
Available rentals
29
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,700 to $6,500.
| Rent price | Number of rental properties |
|---|---|
| $1,500 | 1 |
| $1,600 | 1 |
| $1,700 | 2 |
| $1,800 | 2 |
| $1,900 | 1 |
| $2,000 | 1 |
| $2,100 | 2 |
| $2,200 | 2 |
| $2,400 | 2 |
| $2,500 | 3 |
| $2,600 | 1 |
| $2,700 | 2 |
| $2,900 | 1 |
| $3,000 | 1 |
| $3,100 | 1 |
| $3,200 | 1 |
| $3,400 | 5 |
| $3,500 | 3 |
| $3,600 | 1 |
| $3,800 | 1 |
| $3,900 | 1 |
| $4,000 | 1 |
| $4,100 | 1 |
| $5,000+ | 2 |
Average rent price over time
In the last year, rent has decreased by $42 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $3,000 | $2,775 |
| Feb | $3,000 | $2,775 |
| Mar | $3,000 | $2,775 |
| Apr | $3,000 | $3,100 |
| May | $3,000 | $2,950 |
| Jun | $2,960 | $2,800 |
| Jul | $3,000 | No data |
| Aug | $2,920 | No data |
| Sep | $2,800 | No data |
| Oct | $2,850 | No data |
| Nov | $2,950 | No data |
| Dec | $3,075 | No data |
Market temperature
The 07016 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.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in 07016 is 47% higher than the national average.
$2,958
$2,006
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Frequently asked questions
1. What is the average rent in 07016?
2. What is the average rent for a one-bedroom apartment in 07016?
3. What is the average rent for a two-bedroom apartment in 07016?
4. What is the average rent for a three-bedroom apartment in 07016?
5. What is the average rent for a four-bedroom apartment in 07016?
6. How much does it cost to rent a house in 07016?
7. How has the rent in 07016 changed in the last year?
8. How much has the rent in 07016 increased/decreased in the last month?
9. How many available rentals are there in 07016?
10. How do rent prices in 07016 compare with the national average?
