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ZIP Code · NJ

ZIP 07087

Pop. 66,463·Hudson County·135th most expensive ZIP in New Jersey
Median rent (all units)
$2,419/mo
Year-over-Year
+0.5%
Month-over-Month
+1.1%
vs US Median
+$454
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 07087 · $2,419
More expensive than 77% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,070
1 BR
$2,120
2 BR
$2,380
3 BR
$2,900
4 BR+
$3,410
Research median
$2,380/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
$29,028/yr
At $2,419/mo median
Location
StateNJ
CountyHudson County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.5% YoY, +1.1% MoM), not inventory.
Demographics

Who lives here

ZIP 07087 (Union City, NJ) is majority renter-occupied, has a median income below the national average, 28.3% of residents hold a bachelor's degree or higher.

Population
66,463
Median income
$64,310
Median age
37.4
Renters
80.9%
Age distribution
22%
24.2%
29.8%
12.6%
Under 1822%
18–3424.2%
35–5429.8%
55–6411.4%
65+12.6%
Gender
49%
51%
Male49%
Female51%
Race & ethnicity
19.3%
81.8%
White19.3%
Black4.7%
Hispanic81.8%
Asian3.7%
Education (25+)
22.9%
32.4%
16.3%
28.3%
No HS diploma22.9%
HS diploma32.4%
Some college16.3%
Bachelor's+28.3%
Housing tenure
19.1%
80.9%
Owner19.1%
Renter80.9%

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

2021 vs 2026

How ZIP 07087 in Union City, NJ has changed in 5 years

Rent
$1,828 → $2,419
up 32.3%
Income
$53,177 → $64,310
up 20.9%
Population
67,903 → 66,463
down 2.1%
Renter share
81% → 80.9%
-0.1 pts
Bachelor's+
23.6% → 28.3%
+4.7 pts
Median age
36.7 → 37.4
+0.7 yrs

Compared with 2021, rent in ZIP 07087 in Union City, NJ has increased by $591 per month, settling near $2,419 after starting the period at $1,828. Median household income grew from $53,177 to $64,310 between 2021 and 2024, a 20.9% shift. Rent outpaced income growth by roughly 11.4 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 67,903 to 66,463 between 2021 and 2024, a 2.1% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 23.6% to 28.3%. Taken together, the five-year picture in ZIP 07087 in Union City, 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.

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Local insights

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About renting in ZIP 07087

Last updated: July 20, 2026

ZIP code 07087 covers Union City, NJ. The median rent here is $2,419/mo as of July 2026. A 1-bedroom rents for a median of $2,120/mo. A 2-bedroom rents for a median of $2,380/mo.

At 45% of local median household income ($64,310/yr), ZIP 07087 ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 07087?

As of July 20, 2026, the median monthly rent in ZIP 07087 (Union City, NJ) is $2,419. This is based on aggregated data from public sources and community submissions.

How does ZIP 07087 rent compare to the US average?

ZIP 07087's median rent of $2,419/mo is $454 (23%) above the US national median of $1,965/mo.

How does ZIP 07087 compare to other ZIPs in New Jersey?

ZIP 07087 falls in the middle range for New Jersey, ranking #135 out of 212 ZIPs at $2,419/mo.

How much income do you need to rent in ZIP 07087?

To keep rent at or below 30% of gross income, you would need to earn at least $97,000/year (~$47/hour full-time) to afford the median rent of $2,419/mo in ZIP 07087. The local median household income is $64,310/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 07087?

Rent in ZIP 07087 has been relatively stable over the past year, with a 0.5% change year over year as of July 20, 2026.

Is ZIP 07087 an affordable place to rent?

ZIP 07087 is considered stretched for renters. At $2,419/mo, rent takes approximately 45% of the local median household income ($64,310/yr). The standard benchmark is 30%. ZIP 07087 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 07087 residents rent vs. own?

According to Census data, approximately 80.9% of ZIP 07087 households are renters, while 19.1% are owner-occupied. With a majority renter population, ZIP 07087 has a strong rental market.

How does ZIP 07087 compare to the rest of Union City?

ZIP 07087 is more affordable than Union City overall. At $2,419/mo, it's $2 below the Union City citywide median of $2,421/mo.

When was rent data for ZIP 07087 last updated?

Rent data for ZIP 07087 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
45%
STRETCHED

At $2,419/mo, rent takes ~45% of ZIP 07087's median household income ($64,310/yr). The standard benchmark is 30%.

ZIP 07087 45%Benchmark 30%
State income tax1.4–10.75%
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Schools nearby

Public schools near ZIP 07087 (Union City, NJ)

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