07203 rental market

What is the average rent in 07203?

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Last updated November 7, 2026

Rental market summary

The average rent for all bedrooms and all property types in 07203 is $2,250.

Average rent

$2,250

Month-over-monthMoM change

-$200

Year-over-yearYoY change

-$250

Available rentals

44

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $800 to $44,000.

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Rent frequencies
Rent priceNumber of rental properties
$7001
$8002
$9001
$1,2002
$1,3002
$1,5002
$1,6005
$1,7007
$1,8004
$1,9002
$2,0001
$2,1002
$2,2003
$2,3004
$2,4007
$2,5005
$2,8001
$2,9002
$3,0002
$3,4001
$3,5001
$3,7002
$3,8002
$3,9003
$4,0002
$5,000+2

Average rent price over time

In the last year, rent has decreased by $250 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$2,500$2,350
Feb$2,600$2,538
Mar$2,640$2,300
Apr$2,640$2,200
May$2,700$2,100
Jun$2,550$2,250
Jul$2,500$2,400
Aug$2,500$2,608
Sep$2,500$2,550
Oct$2,600$2,450
Nov$2,500$2,400
Dec$2,500No data

Market temperature

The 07203 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 07203 is 13% higher than the national average.

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$2,250

$1,999

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Frequently asked questions

1. What is the average rent in 07203?

The average rent in 07203 is $2,250.

2. What is the average rent for a studio apartment in 07203?

The average rent for a studio apartment in 07203 is $1,300 per month.

3. What is the average rent for a one-bedroom apartment in 07203?

The average rent for a one-bedroom apartment in 07203 is $1,725 per month.

4. What is the average rent for a two-bedroom apartment in 07203?

The average rent for a two-bedroom apartment in 07203 is $2,250 per month.

5. What is the average rent for a three-bedroom apartment in 07203?

The average rent for a three-bedroom apartment in 07203 is $2,450 per month.

6. What is the average rent for a four-bedroom apartment in 07203?

The average rent for a four-bedroom apartment in 07203 is $3,750 per month.

7. How much does it cost to rent a house in 07203?

Houses in 07203 rent between $800 - $44,000 with an average rent of $2,250.

8. How has the rent in 07203 changed in the last year?

In the last year, the rent in 07203 decreased by $250

9. How much has the rent in 07203 increased/decreased in the last month?

In the last month, the rent in 07203 decreased by $200

10. How many available rentals are there in 07203?

There are currently 44 rentals available in 07203.

11. How do rent prices in 07203 compare with the national average?

The average rent in 07203 is $2,250 — 12.56% higher the national average of $1,999.

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