How many apartments are available in 07202 on Rentable.co?
Rentable.co has 7 apartments available for rent in 07202.
What is the average rent for an apartment in 07202?
The average rent for an apartment in 07202 is around $1,330 per month.
What is the average rent for a two-bedroom apartment in 07202?
The average rent for a two-bedroom apartment in 07202 is around $1,850 per month.
Find an Apartment in 07202
Looking for apartments for rent in 07202, Elizabeth, NJ? Rentable has a variety of options available in this area. Currently, there are 7 units available for rent in the 07202 zip code. The average rent in this area is $1,330, with the minimum rent for a studio floor plan starting at $1,000.
Elizabeth, NJ, offers a range of amenities and points of interest for residents. Some nearby attractions include the beautiful Warinanco Park, ideal for outdoor activities and leisurely walks. Additionally, the Kean University campus is situated conveniently within the 07202 zip code, which offers educational and cultural opportunities.
If you're interested in exploring apartments near 07202, Elizabeth, NJ, Rentable has a variety of options to suit your needs. Browse through our listings to find the perfect apartment that matches your preferences and enjoy everything this vibrant area has to offer.
Elizabeth: April Rent Report
Welcome to the April 2024 Elizabeth Apartment Report. In this assessment of
the local rental market, Rentable data scientists and rental experts break down the
April 2024 key findings and figures for the Elizabeth rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in
Elizabeth and surrounding areas and provide comparisons to the entire metro area, nearby cities and
some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of
Elizabeth average rent prices in the chart below.
Monthly Rent Report
$1,850
$1,390
$930
$460
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR2 BR
Elizabeth Rent Prices Increase From March to April
Elizabeth rent prices increased over the last month. From March to April, the city experienced a 2.77% increase for the price of a one-bedroom apartment. The rent price for a Elizabeth one-bedroom apartments currently stands at $1,783.0.
When we take a look at the two-bedroom comparison from March to April, Elizabeth experienced a 2.56% increase for the price of a two-bedroom apartment. The rent price for a Elizabeth two-bedroom apartments currently stands at $1,601.0.
April Prices: Elizabeth vs. Surrounding Areas
Rent Prices in Elizabeth and Surrounding Areas
Rent prices have increased in Elizabeth over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Elizabeth suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rents did not increase in any of the Elizabeth suburbs
Rents did not decrease in any of the Elizabeth suburbs.
April 2024 Pricing Trends: Elizabeth vs. National Comparisons
New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent
Elizabeth Rent Prices More Affordable Than Major Cities
Rent growth in Elizabeth over the past year has been
on the rise. When compared to major cities nearby, along
with some of the most expensive cities in the country, Elizabeth average rent prices appear to be
relatively affordable for local residents.
The price for a Elizabeth one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.
For more information about Elizabeth and surrounding area rent prices, take a look at the complete data set below.
Data set for Elizabeth and suburbs
1 BR April
1 BR M/M % Change
2 BR April
2 BR M/M % Change
Methodology
Each month, using over 1 million Rentable listings across the United States, we calculate the median
1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To
avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and
property count thresholds.