08016 rental market

What is the average rent in 08016?

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Last updated September 21, 2026

Rental market summary

The average rent for all bedrooms and all property types in 08016 is $2,150.

Average rent

$2,150

Month-over-month change

+$175

Year-over-year change

+$250

Available rentals

47

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $701 to $3,500.

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Rent frequencies
Rent priceNumber of rental properties
$7001
$1,3001
$1,4002
$1,5005
$1,6004
$1,7007
$1,8002
$1,9004
$2,0002
$2,1005
$2,4002
$2,5002
$2,6002
$2,7006
$2,8004
$2,9004
$3,0006
$3,1001
$3,2002
$3,3002
$3,4001
$3,500+1

Average rent price over time

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

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,850$1,900
Feb$1,850$2,000
Mar$1,800$2,100
Apr$1,950$2,040
May$1,900$1,975
Jun$1,850$2,100
Jul$1,800$2,000
Aug$1,850$1,850
Sep$1,850$1,975
Oct$1,900No data
Nov$1,900No data
Dec$2,049No data

Market temperature

The 08016 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 08016 is 7% higher than the national average.

08016vs.

$2,150

$2,000

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Frequently asked questions

1. What is the average rent in 08016?

The average rent in 08016 is $2,150.

2. What is the average rent for a one-bedroom apartment in 08016?

The average rent for a one-bedroom apartment in 08016 is $1,550 per month.

3. What is the average rent for a two-bedroom apartment in 08016?

The average rent for a two-bedroom apartment in 08016 is $1,800 per month.

4. What is the average rent for a three-bedroom apartment in 08016?

The average rent for a three-bedroom apartment in 08016 is $2,800 per month.

5. What is the average rent for a four-bedroom apartment in 08016?

The average rent for a four-bedroom apartment in 08016 is $2,150 per month.

6. How much does it cost to rent a house in 08016?

Houses in 08016 rent between $701 - $3,500 with an average rent of $2,150.

7. How has the rent in 08016 changed in the last year?

In the last year, the rent in 08016 increased by $250

8. How much has the rent in 08016 increased/decreased in the last month?

In the last month, the rent in 08016 increased by $175

9. How many available rentals are there in 08016?

There are currently 47 rentals available in 08016.

10. How do rent prices in 08016 compare with the national average?

The average rent in 08016 is $2,150 — 7.5% higher the national average of $2,000.

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