Luxury Apartments for Rent in 07501
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Average Rent Trends in 07501
Rent in 07501 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 | $1,900 |
| Jul 2025 | $1,850 |
| Aug 2025 | $1,849 |
| Sep 2025 | $1,718 |
| Oct 2025 | $1,754 |
| Nov 2025 | $1,800 |
| Dec 2025 | $1,800 |
| Jan 2026 | $1,950 |
| Feb 2026 | $1,900 |
| Mar 2026 | $1,850 |
| Apr 2026 | $1,896 |
| May 2026 | $1,954 |
Average Rent By Bedroom and Home Type
In May 2026, Houses were the most affordable home type to rent compared with Townhomes and Apartments and Condos.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,568 | $1,963 | $2,250 | $2,650 | $1,950 |
| Townhomes | $1,750 | $1,800 | $2,650 | — | $1,800 |
| Apartments and Condos | $1,568 | $1,968 | $2,150 | $2,650 | $1,963 |
| Houses | $1,659 | $1,517 | $2,100 | — | $1,659 |
Frequently Asked Questions about Rentals in 07501
- What is the average rent of an apartment in 07501?The average rent of an apartment in 07501 is $1,742 per month. This is about 10% lower than the national average.
- What is the average rent of a house in 07501?The average rent of a house in 07501 is $1,659 per month. This is about 14% lower than the national average.
- What is the average rent of a townhome in 07501?The average rent of a townhome in 07501 is $1,800 per month. This is about 7% lower than the national average.
- When is the average rent cheapest in 07501?In the last year, the average rent in 07501 was lowest in Sep 2025 when it was $1,718 per month.
- When is the average rent most expensive in 07501?In the last year, the average rent in 07501 was highest in Jan 2025 when it was $2,000 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 07501?The average rent of a 1 bedroom apartment in 07501 is $1,568 per month. That is about $22 less than the cost of a studio apartment.
- How many available rental listings are in 07501?There are 206 available rental listings in 07501.
- What are some cities near 07501?Some nearby cities include: Paterson, Prospect Park, Haledon, Woodland Park, Totowa, Elmwood Park. These cities may have more rental options to explore.
Copyright Garden State Multiple Listing Service, L.L.C. All rights reserved. Information is deemed reliable but not guaranteed.