Luxury Apartments for Rent in 07940

28 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 decreased in Jul 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
Aug 2025$3,850
Sep 2025$3,275
Oct 2025$4,000
Nov 2025$3,471
Dec 2025$3,750
Jan 2026$3,750
Feb 2026$3,200
Mar 2026$2,850
Apr 2026$3,434
May 2026$3,195
Jun 2026$3,195
Jul 2026$3,028
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Average Rent By Bedroom and Home Type

In July 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$2,095$2,877$4,999$5,000$3,328
Townhomes——$4,999$4,500$4,500
Apartments and Condos$2,000$2,500$3,000$5,000$2,500
Houses——$5,000$5,000$5,000

Frequently Asked Questions about Rentals in 07940

  • What is the average rent of an apartment in 07940?
    The average rent of an apartment in 07940 is $2,794 per month. This is about 43% 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 $2,650 per month.
  • When is the average rent most expensive in 07940?
    In the last year, the average rent in 07940 was highest in Jul 2025 when it was $4,200 per month.
  • How many available rental listings are in 07940?
    There are 31 available rental listings 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.
View this page in Spanish: Apartamentos de lujo en renta en los alrededores de 07940 - 107 Rentas | Trulia
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