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ZIP Code · NJ

ZIP 07050

Part of Orange, NJ
Pop. 34,181·Essex County·190th most expensive ZIP in New Jersey
Median rent (all units)
$1,912/mo
Year-over-Year
+4.8%
Month-over-Month
-0.8%
vs US Median
-$53
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 07050 · $1,912
More expensive than 55% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,600
1 BR
$1,810
2 BR
$2,190
3 BR
$2,740
4 BR+
$3,120
Research median
$2,190/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
$22,944/yr
At $1,912/mo median
Location
CityOrange
StateNJ
CountyEssex County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.8% YoY, -0.8% MoM), not inventory.
Demographics

Who lives here

ZIP 07050 (Orange, NJ) is majority renter-occupied, has a large share of families with children, has a median income below the national average, 22.6% of residents hold a bachelor's degree or higher.

Population
34,181
Median income
$52,563
Median age
34.7
Renters
74.5%
Age distribution
26.6%
23.9%
26.2%
14.6%
Under 1826.6%
18–3423.9%
35–5426.2%
55–648.7%
65+14.6%
Gender
45.8%
54.2%
Male45.8%
Female54.2%
Race & ethnicity
54.7%
34.9%
White8.5%
Black54.7%
Hispanic34.9%
Asian2.1%
Education (25+)
21.5%
35%
20.9%
22.6%
No HS diploma21.5%
HS diploma35%
Some college20.9%
Bachelor's+22.6%
Housing tenure
25.5%
74.5%
Owner25.5%
Renter74.5%

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

2021 vs 2026

How ZIP 07050 in Orange, NJ has changed in 5 years

Income
$48,504 → $52,563
up 8.4%
Population
33,505 → 34,181
up 2.0%
Renter share
78.1% → 74.5%
-3.6 pts
Bachelor's+
20.9% → 22.6%
+1.7 pts
Median age
35.3 → 34.7
-0.6 yrs

Local incomes tracked alongside that move, going from a median of $48,504 in 2021 to $52,563 more recently. The population has grown by 2.0% since 2021, moving from about 33,505 residents to roughly 34,181. Renters now make up 74.5% of households, compared with 78.1% five years ago.

Community

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Local insights

Tips for renters in ZIP 07050

About renting in ZIP 07050

Last updated: July 20, 2026

ZIP code 07050 covers Orange, NJ. The median rent here is $1,912/mo as of July 2026. A 1-bedroom rents for a median of $1,810/mo. A 2-bedroom rents for a median of $2,190/mo.

At 44% of local median household income ($52,563/yr), ZIP 07050 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 07050?

As of July 20, 2026, the median monthly rent in ZIP 07050 (Orange, NJ) is $1,912. This is based on aggregated data from public sources and community submissions.

How does ZIP 07050 rent compare to the US average?

ZIP 07050's median rent of $1,912/mo is $53 (3%) below the US national median of $1,965/mo.

How does ZIP 07050 compare to other ZIPs in New Jersey?

ZIP 07050 is among the more affordable ZIP codes in New Jersey, ranking #190 out of 212 ZIPs at $1,912/mo.

How much income do you need to rent in ZIP 07050?

To keep rent at or below 30% of gross income, you would need to earn at least $76,000/year (~$37/hour full-time) to afford the median rent of $1,912/mo in ZIP 07050. The local median household income is $52,563/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 07050?

Rent in ZIP 07050 has increased 4.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 07050 an affordable place to rent?

ZIP 07050 is considered stretched for renters. At $1,912/mo, rent takes approximately 44% of the local median household income ($52,563/yr). The standard benchmark is 30%. ZIP 07050 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 07050 residents rent vs. own?

According to Census data, approximately 74.5% of ZIP 07050 households are renters, while 25.5% are owner-occupied. With a majority renter population, ZIP 07050 has a strong rental market.

How does ZIP 07050 compare to the rest of Orange?

ZIP 07050 sits right at the Orange citywide median of $1,912/mo.

When was rent data for ZIP 07050 last updated?

Rent data for ZIP 07050 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
44%
STRETCHED

At $1,912/mo, rent takes ~44% of ZIP 07050's median household income ($52,563/yr). The standard benchmark is 30%.

ZIP 07050 44%Benchmark 30%
State income tax1.4–10.75%
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Schools nearby

Public schools near ZIP 07050 (Orange, NJ)

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