Luxury Apartments for Rent in 07107
403 rentals
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Average Rent Trends in 07107
Rent in 07107 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,095 |
| Jul 2025 | $2,100 |
| Aug 2025 | $2,195 |
| Sep 2025 | $2,150 |
| Oct 2025 | $2,100 |
| Nov 2025 | $2,100 |
| Dec 2025 | $2,100 |
| Jan 2026 | $2,100 |
| Feb 2026 | $2,050 |
| Mar 2026 | $2,057 |
| Apr 2026 | $2,000 |
| May 2026 | $2,032 |
Average Rent By Bedroom and Home Type
In May 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 | $1,550 | $1,825 | $2,250 | $2,750 | $2,000 |
| Townhomes | $1,545 | $1,700 | $2,250 | — | $2,100 |
| Apartments and Condos | $1,550 | $1,800 | $2,250 | $2,800 | $1,995 |
| Houses | $1,800 | $1,990 | $2,300 | $2,900 | $2,300 |
Frequently Asked Questions about Rentals in 07107
- What is the average rent of an apartment in 07107?The average rent of an apartment in 07107 is $2,184 per month. This is about 13% higher than the national average.
- What is the average rent of a house in 07107?The average rent of a house in 07107 is $2,300 per month. This is about 19% higher than the national average.
- What is the average rent of a townhome in 07107?The average rent of a townhome in 07107 is $2,100 per month. This is about 9% higher than the national average.
- When is the average rent cheapest in 07107?In the last year, the average rent in 07107 was lowest in Feb 2025 when it was $2,050 per month.
- When is the average rent most expensive in 07107?In the last year, the average rent in 07107 was highest in Jan 2025 when it was $2,200 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 07107?The average rent of a 1 bedroom apartment in 07107 is $1,550 per month. That is about $119 more than the cost of a studio apartment.
- How many available rental listings are in 07107?There are 396 available rental listings in 07107.
- What are some cities near 07107?Some nearby cities include: East Orange, East Newark, Harrison, Orange, Belleville, Newark. These cities may have more rental options to explore.
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