07723 rental market

What is the average rent in 07723?

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Last updated August 16, 2026

Rental market summary

The average rent for all bedrooms and all property types in 07723 is $2,700.

Average rent

$2,700

Month-over-month change

+$450

Year-over-year change

+$140

Available rentals

13

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,800 to $4,000.

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Rent frequencies
Rent priceNumber of rental properties
$1,8001
$1,9001
$2,0001
$2,1001
$2,2002
$2,5002
$2,6003
$2,7004
$2,8003
$2,9001
$3,0001
$3,4001
$3,5001
$3,9001
$4,000+1

Average rent price over time

In the last year, rent has increased by $140 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$3,900$2,200
Feb$3,000$2,600
Mar$3,000$2,800
Apr$6,700$2,700
May$4,000$2,600
Jun$3,000$2,600
Jul$2,800$2,250
Aug$2,580$2,600
Sep$2,500No data
Oct$2,800No data
Nov$2,800No data
Dec$2,600No data

Market temperature

The 07723 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 07723 is 35% higher than the national average.

07723vs.

$2,700

$2,000

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Frequently asked questions

1. What is the average rent in 07723?

The average rent in 07723 is $2,700.

2. What is the average rent for a one-bedroom apartment in 07723?

The average rent for a one-bedroom apartment in 07723 is $4,000 per month.

3. What is the average rent for a two-bedroom apartment in 07723?

The average rent for a two-bedroom apartment in 07723 is $1,817 per month.

4. What is the average rent for a three-bedroom apartment in 07723?

The average rent for a three-bedroom apartment in 07723 is $2,700 per month.

5. What is the average rent for a four-bedroom apartment in 07723?

The average rent for a four-bedroom apartment in 07723 is $2,667 per month.

6. How much does it cost to rent a house in 07723?

Houses in 07723 rent between $1,800 - $4,000 with an average rent of $2,700.

7. How has the rent in 07723 changed in the last year?

In the last year, the rent in 07723 increased by $140

8. How much has the rent in 07723 increased/decreased in the last month?

In the last month, the rent in 07723 increased by $450

9. How many available rentals are there in 07723?

There are currently 13 rentals available in 07723.

10. How do rent prices in 07723 compare with the national average?

The average rent in 07723 is $2,700 — 35% higher the national average of $2,000.

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