Average Rent in 07111, Essex County, NJ

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Current Versus Historical 07111, Essex County, NJ Rents

07111 rentals average $1,363 for a studio rental to $3,150 for a 4-bedroom rental. The median price of all currently available listings is $2,225, or roughly $28 per square feet.
For the apartment units and housing in October 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $44 (3.32%) year-over-year from $1,319 to $1,363. 1-bedroom rentals prices have increased by $75 (4.69%) year-over-year from $1,600 to $1,675. 2-bedroom rentals prices have increased by $108 (5.88%) year-over-year from $1,842 to $1,950. 3-bedroom rentals prices have increased by $600 (23.08%) year-over-year from $2,600 to $3,200. 4-bedroom rentals prices have increased by $1,383 (57.24%) year-over-year from $2,417 to $3,800. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.15% this month. 1-bedroom rents have gone up by 5.24% this month. 2-bedroom rents have gone down by 3.31% this month. 3-bedroom rents have gone up by 21.90% this month. 4-bedroom rents have gone up by 16.03% this month.
Beds
Price / Sqft
Oct 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $20.63 $1,363 $1,319 (3.32%) $1,517 (-10.16%)
1 BR N/A $1,675 $1,600 (4.69%) $1,367 (22.56%)
2 BR $29.45 $1,950 $1,842 (5.88%) $1,753 (11.23%)
3 BR $29.15 $3,200 $2,600 (23.08%) $2,048 (56.22%)
4+ BR $25.56 $3,800 $2,417 (57.24%) $2,300 (65.22%)

Historical Rents in 07111, Essex County, NJ

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 07111

There are a total of 19 cities nearby 07111. The average rent in 07111 is currently $2,499 per month. Only one city nearby has an average rent lower than that. Our records show that Passaic, NJ, with an average rent of $2,200, is the most affordable city nearby. In contrast, the most expensive city near 07111, Essex County, NJ is New York, NY. Monthly rents here are on average $4,995 per month.

Let's compare 07111, Essex County, NJ's rent against other top cities nearby by bedroom size. Typically, rent for studios in 07111, Essex County, NJ is 22.94% more affordable than other cities nearby. One bedrooms are about 18.18% more affordable. Two bedrooms in 07111, Essex County, NJ are about 15.03% more affordable. Finally, rent for three bedrooms are about 21.43% more affordable. Want more information? Check out the top 10 cities out of 19 total cities near 07111, Essex County, NJ in the following table.
City Studio 1 Bed 2 Bed All
Passaic, NJ $1,600 $1,750 $2,140 $2,200
Kearny, NJ $25 $1,675 $2,250 $2,250
Newark, NJ $2,175 $1,750 $2,100 $2,350
Lodi, NJ N/A $1,950 $2,300 $2,350
Clifton, NJ $1,800 $1,800 $2,250 $2,400
Garfield, NJ N/A $1,750 $2,300 $2,400
East Orange, NJ N/A $1,800 $2,150 $2,450
Elizabeth, NJ $1,650 $1,700 $2,000 $2,450
Bayonne, NJ N/A $2,277 $2,985 $2,499
Jersey City, NJ $2,889 $2,350 $2,250 $2,500

Top Neighborhoods Near 07111

There are a total of 67 neighborhoods in or near 07111. Some of these neighborhoods include Bedford-Stuyvesant, Crown Heights, and Bushwick. We've included the top 30 neighborhoods out of 67 total neighborhoods in or near 07111, Essex County, NJ in the following table.

The average rent for these 30 neighborhoods in or near 07111, Essex County, NJ is currently around $4,638 per month. Interestingly, the neighborhoods' average rent is higher than 07111's average rent, which is only $2,225. Out of all the neighborhoods in or near 07111, Jackson Heights has the most affordable average rent at $2,550 per month. Whereas, at $7,999 average rent per month, Tribeca is the most expensive neighborhood in or near 07111. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Bedford-Stuyvesant, New York, NY $3,225 $3,380 $4,200 $3,600
Crown Heights, New York, NY $2,968 $3,413 $4,722 $3,800
Bushwick, New York, NY $3,124 $3,550 $3,895 $3,900
Harlem, New York, NY $2,950 $3,238 $3,873 $3,941
East Harlem, New York, NY $3,225 $3,700 $3,395 $3,995
West Harlem, New York, NY $2,750 $3,200 $4,568 $4,000
Long Island City, New York, NY $3,694 $4,495 $6,575 $4,564
Downtown Brooklyn, New York, NY $3,592 $4,395 $6,471 $4,580
Greenpoint, New York, NY $3,690 $4,595 $7,000 $4,600
Prospect Heights, New York, NY $3,625 $4,410 $5,700 $4,600
Fort Greene, New York, NY $3,621 $4,600 $6,895 $4,638
Hell's Kitchen, New York, NY $3,775 $4,750 $6,075 $4,995
Murray Hill, New York, NY $3,875 $5,395 $7,500 $5,000
Midtown, New York, NY $4,000 $4,875 $7,550 $5,000
Williamsburg, New York, NY $4,059 $5,000 $5,827 $5,200
Financial District, New York, NY $4,195 $5,461 $7,500 $5,250
Midtown East, New York, NY $3,900 $5,050 $7,900 $5,250
Kips Bay, New York, NY $3,880 $4,775 $5,860 $5,495
Upper East Side, New York, NY $3,450 $4,950 $8,200 $5,495
Hudson Yards, New York, NY $4,370 $5,485 $7,995 $5,500
Upper West Side, New York, NY $3,450 $5,095 $7,900 $5,600
Stuyvesant Town - Peter Cooper Village, New York, NY $4,926 $5,383 $6,075 $5,619
West Village, New York, NY $5,100 $5,500 $6,950 $5,675
East Village, New York, NY $3,495 $4,395 $5,995 $5,995
Lower East Side, New York, NY $4,578 $4,496 $7,695 $5,998
Chelsea, New York, NY $4,400 $6,250 $10,095 $6,095
NoMad, New York, NY $4,495 $5,836 $8,000 $6,223
Greenwich Village, New York, NY $4,800 $6,500 $12,995 $6,450
Gramercy Park, New York, NY $4,600 $6,600 $8,948 $6,798
Tribeca, New York, NY $5,999 $6,997 $8,295 $7,999

Top Counties Near 07111

There are a total of 17 counties located by 07111, Essex County, NJ. Some of these counties include Passaic, NJ, Essex, NJ, and Hudson, NJ. The average rent for rentals in these counties is $2,875. That's roughly around $34 per sqft. The county that is the most affordable is Sussex, NJ. Its average rent per month is $2,238. Vice versa, with an average rent of $5,495, Manhattan, New York, NY is the most expensive county by 07111, Essex County, NJ.

Typically, rent for studios in 07111, Essex County, NJ is 33.94% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 07111, Essex County, NJ is 27.27% more affordable than other counties nearby. Finally, rent for two bedrooms in 07111, Essex County, NJ is 37.53% more affordable than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Passaic, NJ $1,400 $1,900 $2,350 $2,450
Essex, NJ $1,725 $2,000 $2,500 $2,500
Hudson, NJ $2,450 $2,050 $2,400 $2,500
Union, NJ $1,650 $2,000 $2,500 $2,700
Bergen, NJ $1,700 $2,100 $2,750 $3,000
Bronx, New York, NY $2,729 $3,250 $3,550 $3,250
Morris, NJ $1,600 $2,000 $2,863 $3,325
Queens, New York, NY $3,475 $3,720 $4,250 $3,752
Brooklyn, New York, NY $3,550 $4,134 $5,165 $4,250
Manhattan, New York, NY $4,050 $5,250 $7,215 $5,495

Top Zipcodes Near 07111

There are a total of 50 zipcodes in or near 07111, Essex County, NJ. The average rent for all of these zipcodes is $5,065.

Studios in these zipcodes have an average rent of $3,680. That's at least $96 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 07111, Essex County, NJ is $4,864 per month. Or in other words, $91 per sqft. Meanwhile, two bedroom apartments will cost you an average of $6,716 per month. Which comes out to $86 per sqft. The following table includes the top 10 zipcodes in 07111, Essex County, NJ. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
10016, New York, NY $3,950 $5,275 $6,734 $5,480
10019, New York, NY $3,830 $4,850 $6,870 $5,037
10003, New York, NY $4,500 $6,050 $6,995 $6,200
10009, New York, NY $3,175 $4,877 $5,795 $5,750
10038, New York, NY $4,200 $5,350 $7,875 $5,330
11201, New York, NY $3,650 $4,430 $6,495 $4,777
10025, New York, NY $3,295 $4,600 $5,500 $5,050
10036, New York, NY $3,800 $5,133 $7,024 $5,395
10005, New York, NY $4,254 $5,518 $7,737 $5,000
10014, New York, NY $5,350 $5,875 $7,498 $5,650

Frequently Asked Questions - 07111 Average Rents

What is the average rent price in 07111, Essex County, NJ?
The average monthly rental price for 07111, Essex County, NJ apartments for rent is approximately $2,225. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 07111, Essex County, NJ rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 07111, Essex County, NJ.
How much is a studio apartment in 07111, Essex County, NJ?
The average monthly rental price for studio apartments is $1,363 and an average price per square feet of $20.63. There are a total of 2 studio apartment listings currently available for rent in 07111.
How much is a one bedroom apartment in 07111, Essex County, NJ?
The average monthly rental price for one bedroom apartments is $1,650. There are a total of 13 one bedroom apartment listings currently available for rent in 07111.
How much is a two bedroom apartment in 07111, Essex County, NJ?
The average monthly rental price for two bedroom apartments is $2,000 and an average price per square feet of $29.45. There are a total of 22 two bedroom apartment listings currently available for rent in 07111.
How have rent prices in 07111, Essex County, NJ changed this year?
Rent prices for rentals in 07111, Essex County, NJ can fluctuate yearly. Specifically, studio rental prices have changed by 0.03%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by 0.06%, three bedroom rental prices have changed by 0.23% year-over-year.
What is a reasonable rent price in 07111, Essex County, NJ?
A reasonable rent price in 07111, Essex County, NJ is around $1,780/month. You can search for these reasonably priced rental listings on RentHop.