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ZIP Code · NJ

ZIP 07002

Part of Bayonne, NJ
Pop. 71,553·Hudson County·142nd most expensive ZIP in New Jersey
Median rent (all units)
$2,353/mo
Year-over-Year
+2.7%
Month-over-Month
-0.2%
vs US Median
+$388
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 07002 · $2,353
More expensive than 75% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,120
1 BR
$2,160
2 BR
$2,430
3 BR
$2,960
4 BR+
$3,480
Research median
$2,430/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$28,236/yr
At $2,353/mo median
Location
StateNJ
CountyHudson County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.7% YoY, -0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 07002 (Bayonne, NJ) is majority renter-occupied, 39.6% of residents hold a bachelor's degree or higher.

Population
71,553
Median income
$83,887
Median age
38.3
Renters
63.8%
Age distribution
23.1%
21.4%
27.3%
12.5%
15.7%
Under 1823.1%
18–3421.4%
35–5427.3%
55–6412.5%
65+15.7%
Gender
49.9%
50.1%
Male49.9%
Female50.1%
Race & ethnicity
46.6%
13.4%
32.1%
White46.6%
Black13.4%
Hispanic32.1%
Asian9.2%
Education (25+)
28.4%
22%
39.6%
No HS diploma10%
HS diploma28.4%
Some college22%
Bachelor's+39.6%
Housing tenure
36.2%
63.8%
Owner36.2%
Renter63.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 07002 in Bayonne, NJ has changed in 5 years

Rent
$1,814 → $2,353
up 29.7%
Income
$72,839 → $83,887
up 15.2%
Population
70,553 → 71,553
up 1.4%
Renter share
60.6% → 63.8%
+3.2 pts
Bachelor's+
38.3% → 39.6%
+1.3 pts

Rent in ZIP 07002 in Bayonne, NJ has climbed 29.7% since 2021, going from about $1,814 per month to roughly $2,353 today. Census figures show median household income at $83,887 today, compared with $72,839 five years earlier. Rent outpaced income growth by roughly 14.5 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 70,553 to 71,553 between 2021 and 2024, a 1.4% change. About 63.8% of households rent today, against 60.6% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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Local insights

Tips for renters in ZIP 07002

About renting in ZIP 07002

Last updated: July 20, 2026

ZIP code 07002 covers Bayonne, NJ. The median rent here is $2,353/mo as of July 2026. A 1-bedroom rents for a median of $2,160/mo. A 2-bedroom rents for a median of $2,430/mo.

At 34% of local median household income ($83,887/yr), ZIP 07002 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 07002?

As of July 20, 2026, the median monthly rent in ZIP 07002 (Bayonne, NJ) is $2,353. This is based on aggregated data from public sources and community submissions.

How does ZIP 07002 rent compare to the US average?

ZIP 07002's median rent of $2,353/mo is $388 (20%) above the US national median of $1,965/mo.

How does ZIP 07002 compare to other ZIPs in New Jersey?

ZIP 07002 is among the more affordable ZIP codes in New Jersey, ranking #142 out of 212 ZIPs at $2,353/mo.

How much income do you need to rent in ZIP 07002?

To keep rent at or below 30% of gross income, you would need to earn at least $94,000/year (~$45/hour full-time) to afford the median rent of $2,353/mo in ZIP 07002. The local median household income is $83,887/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 07002?

Rent in ZIP 07002 has increased 2.7% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 07002 an affordable place to rent?

ZIP 07002 is considered moderate for renters. At $2,353/mo, rent takes approximately 34% of the local median household income ($83,887/yr). The standard benchmark is 30%. ZIP 07002 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 07002 residents rent vs. own?

According to Census data, approximately 63.8% of ZIP 07002 households are renters, while 36.2% are owner-occupied. With a majority renter population, ZIP 07002 has a strong rental market.

How does ZIP 07002 compare to the rest of Bayonne?

ZIP 07002 sits right at the Bayonne citywide median of $2,353/mo.

When was rent data for ZIP 07002 last updated?

Rent data for ZIP 07002 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
34%
MODERATE

At $2,353/mo, rent takes ~34% of ZIP 07002's median household income ($83,887/yr). The standard benchmark is 30%.

ZIP 07002 34%Benchmark 30%
State income tax1.4–10.75%
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Schools nearby

Public schools near ZIP 07002 (Bayonne, NJ)

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