Apartments in 07901

1 - 6 of 6 Results
18
$2,595 - 3,750
53 Division Ave New Providence, NJ
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
1
$3,450
Summit, NJ
3 BR | Jan. 1, 2025
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11
$2,345 - 2,910
548 Springfield Ave. Summit, NJ
1 - 2 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Townhome
Section 8
9
$3,710 - 3,985
160-174 Summit Ave. Summit, NJ
2 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Dishwasher
11
$2,380
Summit, NJ
1 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Dishwasher
18
$3,125
767 Springfield Avenue Summit, NJ
2 BR | Available Now
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Dog Friendly
Cat Friendly
Townhome
Section 8
Air Conditioning
1 - 6 of 6 Results
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How much does it cost to rent an apartment in 07901?

07901 apartments
Bed Type Average Rent Range
1BR $2,380 $2,350 - $2,600
2BR $3,710 $2,910 - $3,990
3BR $3,450 $3,450 - $3,450
Find an Apartment in 07901
Looking for apartments for rent in 07901 Summit, NJ? Rentable has a variety of rental options in this area. Currently, there are 9 units available for rent in the 07901 zip code. The average rent in this area is $3,130, with the cheapest option starting at $2,345 for a 1-bedroom unit.

Living in 07901 offers its residents access to various amenities and points of interest. Summit, NJ, is known for its charming downtown area, filled with shops, restaurants, and cafes. Residents can enjoy strolling through the town and exploring its vibrant community.

For those who enjoy spending time outdoors, Summit is home to several beautiful parks. Memorial Field and Tatlock Sports Complex offer open green spaces, sports fields, and walking trails, providing ample opportunities for outdoor activities.

With its convenient location, 07901 is also close to major highways and public transportation options, making it easy to commute to nearby cities like New York City. The neighborhood offers a balance of suburban tranquility and urban accessibility.

If you're searching for apartments near 07901 in Summit, NJ, Rentable has a range of options to suit your needs. Explore our listings to find the perfect rental that fits your budget and preferences.

Summit:
December Rent Report

Welcome to the December 2024 Summit Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Summit rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Summit 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 Summit average rent prices in the chart below.

Monthly Rent Report

$7,250
$5,440
$3,630
$1,810
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Summit Rent Prices Decrease From November to December

Summit rent prices decreased over the last month. From November to December, the city experienced a -2.4% decrease for the price of a one-bedroom apartment. The rent price for a Summit one-bedroom apartments currently stands at $3,207.0.

When we take a look at the two-bedroom comparison from November to December, Summit experienced a -3.32% decrease for the price of a two-bedroom apartment. The rent price for a Summit two-bedroom apartments currently stands at $4,945.0.

December Prices: Summit vs. Surrounding Areas

Rent Prices in Summit and Surrounding Areas

Rent prices have decreased in Summit 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 Summit 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 Summit suburbs

  • Rents did not decrease in any of the Summit suburbs.

December 2024 Pricing Trends: Summit vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Summit Rent Prices More Affordable Than Major Cities

Rent growth in Summit over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Summit average rent prices appear to be relatively affordable for local residents.

The price for a Summit 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 Summit and surrounding area rent prices, take a look at the complete data set below.

Data set for Summit and suburbs

1 BR December 1 BR M/M % Change 2 BR December 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.