Apartments For Rent By Private Owner in 07054
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Apartments For Rent Near 07054
We found 30 more apartments matching your filters just outside 07054
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NEW - 1 HR AGOSPECIAL OFFERTotal price$2,829 - $2,900/mo
2 Beds
2 BathsThe Franklin at Hillsborough | 649 US Highway 206,
Hillsborough, NJ 08844
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Average Rent Trends in 07054
Rent in 07054 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Oct 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Nov 2025 | $2,745 |
| Dec 2025 | $2,990 |
| Jan 2026 | $2,600 |
| Feb 2026 | $2,500 |
| Mar 2026 | $2,480 |
| Apr 2026 | $2,276 |
| May 2026 | $3,024 |
| Jun 2026 | $3,073 |
| Jul 2026 | $3,208 |
| Aug 2026 | $3,300 |
| Sep 2026 | $3,270 |
| Oct 2026 | $3,244 |
Average Rent By Bedroom and Home Type
In October 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 | $2,095 | $2,628 | $3,900 | $3,950 | $3,300 |
| Townhomes | $1,850 | $3,500 | $3,900 | — | $3,850 |
| Apartments and Condos | — | $2,500 | $3,300 | $4,500 | $3,300 |
| Houses | — | — | — | $3,950 | $3,950 |
Frequently Asked Questions about Rentals in 07054
- What is the average rent of an apartment in 07054?The average rent of an apartment in 07054 is $2,535 per month. This is about 30% higher than the national average.
- When is the average rent cheapest in 07054?In the last year, the average rent in 07054 was lowest in May 2025 when it was $2,369 per month.
- When is the average rent most expensive in 07054?In the last year, the average rent in 07054 was highest in Jun 2025 when it was $3,448 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 07054?The average rent of a 1 bedroom apartment in 07054 is $2,095 per month. That is about $130 less than the cost of a studio apartment.
- How many available rental listings are in 07054?There are 37 available rental listings in 07054.
- What are some cities near 07054?Some nearby cities include: Parsippany, Lake Hiawatha, Whippany, Mountain Lakes, Pine Brook, East Hanover Township. These cities may have more rental options to explore.
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