Townhomes For Rent in 07040

2 rentals

Apartments For Rent Near 07040

We found 30 more apartments matching your filters just outside 07040

Average Rent Trends in 07040

Rent in 07040 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Jun 2025.
MonthAverage rent
Jun 2025$6,200
Jul 2025$3,950
Aug 2025$3,000
Sep 2025$3,000
Oct 2025$2,950
Nov 2025$3,395
Dec 2025$1,590
Jan 2026$3,295
Feb 2026$3,295
Mar 2026$1,590
Apr 2026$2,800
May 2026$1,600
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$1,900$2,772$3,000$3,650$2,772
Townhomes$1,600———$5,745
Apartments and Condos$1,950$2,750$2,700$3,500$2,622
Houses—$3,100$3,000—$3,000

Frequently Asked Questions about Townhomes for rent in 07040

  • What is the average rent of a townhome in 07040?
    The average rent of a townhome in 07040 is $5,745 per month. This is about 198% higher than the national average.
  • When is the average rent cheapest in 07040?
    In the last year, the average rent in 07040 was lowest in Dec 2025 when it was $1,590 per month.
  • When is the average rent most expensive in 07040?
    In the last year, the average rent in 07040 was highest in Jun 2025 when it was $6,200 per month.
  • How many townhomes are available to rent in 07040?
    There are 3 available townhomes to rent in 07040.
  • What are some cities near 07040?
    Some nearby cities include: Maplewood, South Orange, Millburn, Irvington, Union, Hillside. These cities may have more rental options to explore.