Rent in Leonardo, NJ
A 2-bedroom in Leonardo, NJ (ZIP 07737) typically rents for about $1,667 a month, with a range of $1,413–$1,920. Owner-occupied homes in Monmouth County pay about 1.65% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,410 | $1,410–$1,671 | 1 |
| 1 bed | $1,521 | $1,492–$1,550 | 1 |
| 2 beds | $1,667 | $1,413–$1,920 | 1 |
| 3 beds | $2,460 | $2,460–$2,927 | 1 |
| 4 beds | $2,730 | $2,730–$3,241 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Leonardo ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Leonardo, NJ?
- About $1,667 a month: the median of the typical rents in 1 ZIP code, which range from $1,413–$1,920. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Leonardo, NJ?
- About $1,521 a month: the median of the typical rents in 1 ZIP code, which range from $1,492–$1,550. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Leonardo, NJ?
- About $2,460 a month: the median of the typical rents in 1 ZIP code, which range from $2,460–$2,927. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Leonardo, NJ?
- About $1,410 a month: the median of the typical rents in 1 ZIP code, which range from $1,410–$1,671. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Leonardo, NJ?
- About $2,730 a month: the median of the typical rents in 1 ZIP code, which range from $2,730–$3,241. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Leonardo, NJ?
- Owner-occupied homes in Monmouth County pay a typical 1.65% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Leonardo rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).