RentDataNowRentDataNow
ZIP Code · NJ

ZIP 07024

Part of Fort Lee, NJ
Pop. 40,024·Bergen County·16th most expensive ZIP in New Jersey
Median rent (all units)
$3,565/mo
Year-over-Year
+18.6%
Month-over-Month
Stable
vs US Median
+$1,600
Stable (Monthly)
Be the first to discuss 07024 rents ↓
Most AffordableMost Expensive
ZIP 07024 · $3,565
More expensive than 95% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$2,530
1 BR
$2,880
2 BR
$3,310
3 BR
$4,040
4 BR+
$5,150
Research median
$3,310/mo

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

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$42,780/yr
At $3,565/mo median
Location
StateNJ
CountyBergen County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 18.6% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+18.6% YoY, +0.0% MoM), not inventory.
Demographics

Who lives here

ZIP 07024 (Fort Lee, NJ) is majority owner-occupied, has a large retiree population, has a median income above the national average, 65.8% of residents hold a bachelor's degree or higher.

Population
40,024
Median income
$107,396
Median age
46.7
Renters
44.5%
Age distribution
17.2%
15.6%
29.2%
12.9%
25.1%
Under 1817.2%
18–3415.6%
35–5429.2%
55–6412.9%
65+25.1%
Gender
48.6%
51.4%
Male48.6%
Female51.4%
Race & ethnicity
38.9%
13.4%
43.7%
White38.9%
Black2.6%
Hispanic13.4%
Asian43.7%
Other1.5%
Education (25+)
14.3%
14.3%
65.8%
No HS diploma5.6%
HS diploma14.3%
Some college14.3%
Bachelor's+65.8%
Housing tenure
55.5%
44.5%
Owner55.5%
Renter44.5%

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

2021 vs 2026

How ZIP 07024 in Fort Lee, NJ has changed in 5 years

Rent
$2,660 → $3,565
up 34.0%
Income
$92,456 → $107,396
up 16.2%
Population
39,701 → 40,024
up 0.8%
Renter share
42% → 44.5%
+2.5 pts
Bachelor's+
60.3% → 65.8%
+5.5 pts
Median age
46.2 → 46.7
+0.5 yrs

Since 2021, the typical rent in ZIP 07024 in Fort Lee, NJ has increased from $2,660 to $3,565, a 34.0% change over five years. Median household income rose from $92,456 to $107,396 between 2021 and 2024, a 16.2% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. Renters now make up 44.5% of households, compared with 42% five years ago. College-educated residents now make up 65.8% of adults here, versus 60.3% in 2021. Taken together, the five-year picture in ZIP 07024 in Fort Lee, NJ reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

Discussions about ZIP 07024

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 07024

About renting in ZIP 07024

Last updated: July 20, 2026

ZIP code 07024 covers Fort Lee, NJ. The median rent here is $3,565/mo as of July 2026. A 1-bedroom rents for a median of $2,880/mo. A 2-bedroom rents for a median of $3,310/mo.

At 40% of local median household income ($107,396/yr), ZIP 07024 ranks as moderate compared to the national benchmark of 30%. Rents have increased 18.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 07024?

As of July 20, 2026, the median monthly rent in ZIP 07024 (Fort Lee, NJ) is $3,565. This is based on aggregated data from public sources and community submissions.

How does ZIP 07024 rent compare to the US average?

ZIP 07024's median rent of $3,565/mo is $1,600 (81%) above the US national median of $1,965/mo.

How does ZIP 07024 compare to other ZIPs in New Jersey?

ZIP 07024 is one of the pricier ZIP codes in New Jersey, ranking #16 out of 212 ZIPs tracked at $3,565/mo.

How much income do you need to rent in ZIP 07024?

To keep rent at or below 30% of gross income, you would need to earn at least $143,000/year (~$69/hour full-time) to afford the median rent of $3,565/mo in ZIP 07024. The local median household income is $107,396/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 07024?

Rent in ZIP 07024 has increased 18.6% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 07024 an affordable place to rent?

ZIP 07024 is considered moderate for renters. At $3,565/mo, rent takes approximately 40% of the local median household income ($107,396/yr). The standard benchmark is 30%. ZIP 07024 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 07024 residents rent vs. own?

According to Census data, approximately 44.5% of ZIP 07024 households are renters, while 55.5% are owner-occupied. ZIP 07024 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 07024 compare to the rest of Fort Lee?

ZIP 07024 sits right at the Fort Lee citywide median of $3,565/mo.

When was rent data for ZIP 07024 last updated?

Rent data for ZIP 07024 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
40%
MODERATE

At $3,565/mo, rent takes ~40% of ZIP 07024's median household income ($107,396/yr). The standard benchmark is 30%.

ZIP 07024 40%Benchmark 30%
State income tax1.4–10.75%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 07024 (Fort Lee, NJ)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.