ZIP Code · NJ

ZIP 07065

Part of Rahway, NJ

Pop. 30,109·Union County·111th most expensive ZIP in New Jersey

Median rent (all units)

$2,472/mo

Year-over-Year

+3.6%

Month-over-Month

+1.1%

vs US Median

+$540

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 07065 · $2,472

More expensive than 79% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,730

1 BR

$1,950

2 BR

$2,360

3 BR

$2,960

4 BR+

$3,360

Research median

$2,360/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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 07065 is at its highest level since Zillow's records here began in September 2022.

Past year vs. the rest of New Jersey

Rent in ZIP 07065 changed +3.6% over the year to September 2026. Across the 149 New Jersey ZIP codes Zillow tracks, the typical change was +2.8%.

Recent direction

Rent has risen 8 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($91,461) is $2,287 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,950); a 2-bedroom is $2,360.

Cheaper nearby

ZIP 07208, 5 miles away, rents for 16% less ($2,080/mo), about $4,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 07065. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$29,664/yr

At $2,472/mo median

Location

CityRahway

StateNJ

CountyUnion County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (3.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+3.6% YoY, +1.1% MoM), not inventory.

Demographics

Who lives here

ZIP 07065 (Rahway, NJ) is roughly split between renters and owners, has a median income above the national average, 34.1% of residents hold a bachelor's degree or higher.

Population

30,109

Median income

$91,461

Median age

39.7

Renters

48.5%

Age distribution

19.3%

24.2%

26%

12.2%

18.2%

Under 1819.3%

18–3424.2%

35–5426%

55–6412.2%

65+18.2%

Gender

47.7%

52.3%

Male47.7%

Female52.3%

Race & ethnicity

34.9%

31.2%

27.4%

White34.9%

Black31.2%

Hispanic27.4%

Asian6%

Other0.5%

Education (25+)

30.9%

25%

34.1%

No HS diploma10%

HS diploma30.9%

Some college25%

Bachelor's+34.1%

Housing tenure

51.5%

48.5%

Owner51.5%

Renter48.5%

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

2023 vs 2026

How ZIP 07065 in Rahway, NJ has changed in 5 years

Rent

$2,148 → $2,472

up 15.1%

Income

$81,368 → $91,461

up 12.4%

Population

29,582 → 30,109

up 1.8%

Renter share

44.2% → 48.5%

+4.3 pts

Bachelor's+

34.9% → 34.1%

-0.8 pts

Since 2023, the typical rent in ZIP 07065 in Rahway, NJ has increased from $2,148 to $2,472, a 15.1% change over five years. Local incomes tracked alongside that move, going from a median of $81,368 in 2021 to $91,461 more recently. The population has grown by 1.8% since 2021, moving from about 29,582 residents to roughly 30,109. Renters now make up 48.5% of households, compared with 44.2% five years ago. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 07065 in Rahway, NJ market of 2023.

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About renting in ZIP 07065

Last updated: October 17, 2026

ZIP code 07065 covers Rahway, NJ. The median rent here is $2,472/mo as of October 2026. A 1-bedroom rents for a median of $1,950/mo. A 2-bedroom rents for a median of $2,360/mo.

At 32% of local median household income ($91,461/yr), ZIP 07065 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 07065?

To keep rent at or below 30% of gross income, you would need to earn at least $99,000/year (about $48/hour full-time) to afford the median rent of $2,472/mo in ZIP 07065. The local median household income is $91,461/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 07065?

Rent in ZIP 07065 has risen 3.6% over the past year as of September 2026. That is the highest level since Zillow's records here began in September 2022.

How does ZIP 07065 compare to other ZIPs in New Jersey?

ZIP 07065 is in the middle among New Jersey ZIP codes for rent, ranking #111 of 209 at $2,472/mo. Over the year to September 2026, rent in ZIP 07065 changed +3.6%, against a typical +2.8% across the 149 New Jersey ZIP codes Zillow tracks.