Cheap Apartments for Rent in 07103
389 rentals
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Average Rent Trends in 07103
Rent in 07103 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Sep 2026 compared to the previous month. Rent previously peaked in Feb 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $2,163 |
| Nov 2025 | $2,150 |
| Dec 2025 | $2,150 |
| Jan 2026 | $2,195 |
| Feb 2026 | $2,100 |
| Mar 2026 | $2,100 |
| Apr 2026 | $2,146 |
| May 2026 | $2,150 |
| Jun 2026 | $2,150 |
| Jul 2026 | $2,100 |
| Aug 2026 | $2,100 |
| Sep 2026 | $2,050 |
Average Rent By Bedroom and Home Type
In September 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,600 | $1,895 | $2,100 | $2,500 | $2,000 |
| Townhomes | $1,350 | $2,450 | $2,250 | $2,600 | $2,000 |
| Apartments and Condos | $1,600 | $1,895 | $2,100 | $2,495 | $2,000 |
| Houses | $1,500 | — | $3,500 | $2,600 | $2,600 |
Frequently Asked Questions about Rentals in 07103
- What is the average rent of an apartment in 07103?The average rent of an apartment in 07103 is $2,094 per month. This is about 7% higher than the national average.
- What are the cheapest months to find an apartment to rent in 07103?Last year, the cheapest month to find an apartment to rent was Aug 2025 when it was $2,100 per month.
- How many cheap apartments are available in 07103?There are 202 apartments to rent that are cheaper than the city’s average rent of $2,000.
- When is the average rent most expensive in 07103?In the last year, the average rent in 07103 was highest in Feb 2025 when it was $2,300 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 07103?The average rent of a 1 bedroom apartment in 07103 is $1,600 per month. That is about $305 more than the cost of a studio apartment.
- What are some cities near 07103?Some nearby cities include: Newark, East Newark, East Orange, Irvington, Harrison, Orange. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 07103 - 500 Rentas | Trulia
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