Houses For Rent in 07940

6 rentals

Apartments For Rent Near 07940

We found 10 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 May 2026 compared to the previous month. Rent previously peaked in May 2025.
MonthAverage rent
Jun 2025$4,200
Jul 2025$4,600
Aug 2025$4,200
Sep 2025$3,495
Oct 2025$4,800
Nov 2025$4,200
Dec 2025$4,740
Jan 2026$4,400
Feb 2026$4,000
Mar 2026$3,500
Apr 2026$4,250
May 2026$3,000
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 Houses for rent in 07940

  • What is the average rent of a house in 07940?
    The average rent of a house in 07940 is $3,000 per month. This is about 55% 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 Feb 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 May 2025 when it was $4,800 per month.
  • How many houses are available to rent in 07940?
    There are 1 available houses 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.
Copyright Garden State Multiple Listing Service, L.L.C. All rights reserved. Information is deemed reliable but not guaranteed.