Luxury Apartments for Rent in 07040
46 rentals
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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 Aug 2026 compared to the previous month. Rent previously peaked in Feb 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $2,800 |
| Oct 2025 | $3,000 |
| Nov 2025 | $2,650 |
| Dec 2025 | $2,750 |
| Jan 2026 | $2,850 |
| Feb 2026 | $2,850 |
| Mar 2026 | $2,800 |
| Apr 2026 | $2,855 |
| May 2026 | $2,790 |
| Jun 2026 | $2,750 |
| Jul 2026 | $2,783 |
| Aug 2026 | $2,750 |
Average Rent By Bedroom and Home Type
In August 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $2,000 | $2,834 | $3,000 | $3,500 | $2,750 |
| Townhomes | $1,500 | $3,200 | $3,450 | — | $3,200 |
| Apartments and Condos | $1,895 | $2,750 | $2,800 | $3,500 | $2,750 |
| Houses | — | $2,600 | $4,150 | — | $3,300 |
Frequently Asked Questions about Rentals in 07040
- What is the average rent of an apartment in 07040?The average rent of an apartment in 07040 is $2,949 per month. This is about 50% 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 Nov 2025 when it was $2,650 per month.
- When is the average rent most expensive in 07040?In the last year, the average rent in 07040 was highest in Feb 2025 when it was $3,000 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 07040?The average rent of a 1 bedroom apartment in 07040 is $2,000 per month. That is about $369 more than the cost of a studio apartment.
- How many available rental listings are in 07040?There are 54 available rental listings in 07040.
- What are some cities near 07040?
View this page in Spanish: Apartamentos de lujo en renta en 07040 - 57 Rentas | Trulia
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