07055 renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in 07055 is about $1,241 per month. This puts it in the 16th percentile compared to the state average cost of rent, which is $1,647. Households in 07055 have a median income of $4,524 per month so the average renter in 07055 is spending roughly 27% of their earnings on housing.
Nationally, and in 07055, home values are the data point most closely correlated with the cost of rent. The median price of a home in 07055 is $321,274 right now, which is lower than nearby zip codes, meaning that rents in 07055 also tend to be lower versus these nearby zip codes.
Higher rent prices are common in the southwestern parts of 07055 while lower rent rates are often available in eastern areas.
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood