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ZIP Code · NJ

ZIP 07020

Pop. 14,759·Bergen County·8th most expensive ZIP in New Jersey
Median rent (all units)
$4,052/mo
Year-over-Year
+11.5%
Month-over-Month
+2.5%
vs US Median
+$2,087
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 07020 · $4,052
More expensive than 97% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,670
1 BR
$3,040
2 BR
$3,490
3 BR
$4,260
4 BR+
$5,430
Research median
$3,490/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
$48,624/yr
At $4,052/mo median
Location
StateNJ
CountyBergen County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 11.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+11.5% YoY, +2.5% MoM), not inventory.
Demographics

Who lives here

ZIP 07020 (Edgewater, NJ) is majority renter-occupied, has a median income above the national average, 72.7% of residents hold a bachelor's degree or higher.

Population
14,759
Median income
$124,050
Median age
40.6
Renters
60.2%
Age distribution
16.4%
23.4%
33.8%
14.4%
Under 1816.4%
18–3423.4%
35–5433.8%
55–6412%
65+14.4%
Gender
48.7%
51.3%
Male48.7%
Female51.3%
Race & ethnicity
40.3%
16.6%
38.7%
White40.3%
Black4.7%
Hispanic16.6%
Asian38.7%
Education (25+)
14.4%
72.7%
No HS diploma1.8%
HS diploma11%
Some college14.4%
Bachelor's+72.7%
Housing tenure
39.8%
60.2%
Owner39.8%
Renter60.2%

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

2021 vs 2026

How ZIP 07020 in Edgewater, NJ has changed in 5 years

Rent
$2,800 → $4,052
up 44.7%
Income
$126,483 → $124,050
down 1.9%
Population
14,234 → 14,759
up 3.7%
Renter share
58% → 60.2%
+2.2 pts
Bachelor's+
74.5% → 72.7%
-1.8 pts
Median age
36.5 → 40.6
+4.1 yrs

The median rent in ZIP 07020 in Edgewater, NJ stood at $2,800 in 2021 and currently runs about $4,052, reflecting a 44.7% increase over the period. Local incomes tracked alongside that move, going from a median of $126,483 in 2021 to $124,050 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 3.7% since 2021, moving from about 14,234 residents to roughly 14,759. Renters now make up 60.2% of households, compared with 58% five years ago. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 07020 in Edgewater, NJ market of 2021.

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Local insights

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About renting in ZIP 07020

Last updated: July 20, 2026

ZIP code 07020 covers Edgewater, NJ. The median rent here is $4,052/mo as of July 2026. A 1-bedroom rents for a median of $3,040/mo. A 2-bedroom rents for a median of $3,490/mo.

At 39% of local median household income ($124,050/yr), ZIP 07020 ranks as moderate compared to the national benchmark of 30%. Rents have increased 11.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 07020?

As of July 20, 2026, the median monthly rent in ZIP 07020 (Edgewater, NJ) is $4,052. This is based on aggregated data from public sources and community submissions.

How does ZIP 07020 rent compare to the US average?

ZIP 07020's median rent of $4,052/mo is $2,087 (106%) above the US national median of $1,965/mo.

How does ZIP 07020 compare to other ZIPs in New Jersey?

ZIP 07020 is one of the pricier ZIP codes in New Jersey, ranking #8 out of 212 ZIPs tracked at $4,052/mo.

How much income do you need to rent in ZIP 07020?

To keep rent at or below 30% of gross income, you would need to earn at least $162,000/year (~$78/hour full-time) to afford the median rent of $4,052/mo in ZIP 07020. The local median household income is $124,050/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 07020?

Rent in ZIP 07020 has increased 11.5% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 07020 an affordable place to rent?

ZIP 07020 is considered moderate for renters. At $4,052/mo, rent takes approximately 39% of the local median household income ($124,050/yr). The standard benchmark is 30%. ZIP 07020 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 07020 residents rent vs. own?

According to Census data, approximately 60.2% of ZIP 07020 households are renters, while 39.8% are owner-occupied. With a majority renter population, ZIP 07020 has a strong rental market.

How does ZIP 07020 compare to the rest of Edgewater?

ZIP 07020 is pricier than Edgewater as a whole. At $4,052/mo, it's $17 above the Edgewater citywide median of $4,035/mo.

When was rent data for ZIP 07020 last updated?

Rent data for ZIP 07020 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
39%
MODERATE

At $4,052/mo, rent takes ~39% of ZIP 07020's median household income ($124,050/yr). The standard benchmark is 30%.

ZIP 07020 39%Benchmark 30%
State income tax1.4–10.75%
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Schools nearby

Public schools near ZIP 07020 (Edgewater, NJ)

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