ZIP 07030
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12-month history
Last updated: October 17, 2026
What the numbers show
February. Asking rents in ZIP 07030 usually run 0.7% below trend in February and 0.8% above it in August, about $60 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 07030 is at its highest level since Zillow's records here began in January 2015.
Rent in ZIP 07030 changed +4.0% over the year to September 2026. Across the 149 New Jersey ZIP codes Zillow tracks, the typical change was +2.8%.
From 2019 to 2024, rent in ZIP 07030 rose 26.9% while median household income rose 22.3% ($147,620 to $180,579). Rent outpaced income.
Rent in ZIP 07030 is 34% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 5 months in a row, and rose in 10 of the last 12 months.
30% of the median household income ($180,579) is $4,514 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($4,140); a 3-bedroom is $5,050.
ZIP 07307, 1 mile away, rents for 33% less ($2,686/mo), about $15,800 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 07030. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
Who lives here
ZIP 07030 (Hoboken, NJ) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 82.6% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 07030 in Hoboken, NJ has changed in 5 years
Since 2021, the typical rent in ZIP 07030 in Hoboken, NJ has increased from $2,740 to $4,005, a 46.2% change over five years. Census figures show median household income at $180,579 today, compared with $160,890 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 1.2% since 2021, moving from about 59,369 residents to roughly 58,668. College-educated residents now make up 82.6% of adults here, versus 80.3% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.
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Tips for renters in ZIP 07030
Last updated: October 17, 2026
ZIP code 07030 covers Hoboken, NJ. The median rent here is $4,005/mo as of October 2026. A 1-bedroom rents for a median of $3,680/mo. A 2-bedroom rents for a median of $4,140/mo.
At 27% of local median household income ($180,579/yr), ZIP 07030 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.0% over the past year.
Frequently asked questions
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How does ZIP 07030 compare to other ZIPs in New Jersey?
How does ZIP 07030 compare to the rest of Hoboken?
At $4,005/mo, rent takes ~27% of ZIP 07030's median household income ($180,579/yr). The standard benchmark is 30%.
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