Townhomes For Rent in 07940

7 rentals

Apartments For Rent Near 07940

We found 30 more apartments matching your filters just outside 07940

Average Rent Trends in 07940

Rent in 07940 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Jun 2025.
MonthAverage rent
Jun 2025$5,250
Jul 2025$4,325
Aug 2025$4,500
Sep 2025$4,500
Oct 2025$4,300
Nov 2025$4,150
Dec 2025$4,000
Jan 2026$4,500
Feb 2026$4,500
Mar 2026$4,495
Apr 2026$4,495
May 2026$4,495
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$2,300$3,050$4,650$5,995$3,300
Townhomes$3,300$4,495$4,999—$4,650
Apartments and Condos$2,050$2,650$4,200$5,995$2,650
Houses——$3,000$5,000$3,000

Frequently Asked Questions about Townhomes for rent in 07940

  • What is the average rent of a townhome in 07940?
    The average rent of a townhome in 07940 is $4,650 per month. This is about 141% higher than the national average.
  • When is the average rent cheapest in 07940?
    In the last year, the average rent in 07940 was lowest in Mar 2025 when it was $3,800 per month.
  • When is the average rent most expensive in 07940?
    In the last year, the average rent in 07940 was highest in Jun 2025 when it was $5,250 per month.
  • How many townhomes are available to rent in 07940?
    There are 6 available townhomes to rent in 07940.
  • What are some cities near 07940?
    Some nearby cities include: Madison, Florham Park, Chatham, Green Village, New Vernon, Summit. These cities may have more rental options to explore.
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