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ZIP Code · NJ

ZIP 07105

Part of Newark, NJ
Pop. 57,093·Essex County·143rd most expensive ZIP in New Jersey
Median rent (all units)
$2,349/mo
Year-over-Year
+8.8%
Month-over-Month
+2.8%
vs US Median
+$384
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 07105 · $2,349
More expensive than 74% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,430
1 BR
$1,610
2 BR
$1,950
3 BR
$2,440
4 BR+
$2,770
Research median
$1,950/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
$28,188/yr
At $2,349/mo median
Location
CityNewark
StateNJ
CountyEssex County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.8% YoY, +2.8% MoM), not inventory.
Demographics

Who lives here

ZIP 07105 (Newark, NJ) is majority renter-occupied, has a median income below the national average, 15.1% of residents hold a bachelor's degree or higher.

Population
57,093
Median income
$59,847
Median age
34.2
Renters
84.1%
Age distribution
24.4%
26.7%
32.9%
Under 1824.4%
18–3426.7%
35–5432.9%
55–648.9%
65+7.1%
Gender
54.6%
45.4%
Male54.6%
Female45.4%
Race & ethnicity
30.6%
50.3%
White30.6%
Black7.4%
Hispanic50.3%
Asian0.7%
Other11.1%
Education (25+)
31.8%
41.9%
15.1%
No HS diploma31.8%
HS diploma41.9%
Some college11.2%
Bachelor's+15.1%
Housing tenure
15.9%
84.1%
Owner15.9%
Renter84.1%

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

2021 vs 2026

How ZIP 07105 in Newark, NJ has changed in 5 years

Income
$48,863 → $59,847
up 22.5%
Population
55,781 → 57,093
up 2.4%
Renter share
80.8% → 84.1%
+3.3 pts
Bachelor's+
13.1% → 15.1%
+2.0 pts
Median age
35.3 → 34.2
-1.1 yrs

Household income in the area moved from $48,863 to $59,847 across the same window, up 22.5% versus 2021. Headcount in the area went from 55,781 to 57,093 between 2021 and 2024, a 2.4% change. About 84.1% of households rent today, against 80.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 13.1% to 15.1%.

Community

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Local insights

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About renting in ZIP 07105

Last updated: July 20, 2026

ZIP code 07105 covers Newark, NJ. The median rent here is $2,349/mo as of July 2026. A 1-bedroom rents for a median of $1,610/mo. A 2-bedroom rents for a median of $1,950/mo.

At 47% of local median household income ($59,847/yr), ZIP 07105 ranks as moderate compared to the national benchmark of 30%. Rents have increased 8.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 07105?

As of July 20, 2026, the median monthly rent in ZIP 07105 (Newark, NJ) is $2,349. This is based on aggregated data from public sources and community submissions.

How does ZIP 07105 rent compare to the US average?

ZIP 07105's median rent of $2,349/mo is $384 (20%) above the US national median of $1,965/mo.

How does ZIP 07105 compare to other ZIPs in New Jersey?

ZIP 07105 is among the more affordable ZIP codes in New Jersey, ranking #143 out of 212 ZIPs at $2,349/mo.

How much income do you need to rent in ZIP 07105?

To keep rent at or below 30% of gross income, you would need to earn at least $94,000/year (~$45/hour full-time) to afford the median rent of $2,349/mo in ZIP 07105. The local median household income is $59,847/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 07105?

Rent in ZIP 07105 has increased 8.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 07105 an affordable place to rent?

ZIP 07105 is considered stretched for renters. At $2,349/mo, rent takes approximately 47% of the local median household income ($59,847/yr). The standard benchmark is 30%. ZIP 07105 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 07105 residents rent vs. own?

According to Census data, approximately 84.1% of ZIP 07105 households are renters, while 15.9% are owner-occupied. With a majority renter population, ZIP 07105 has a strong rental market.

How does ZIP 07105 compare to the rest of Newark?

ZIP 07105 is pricier than Newark as a whole. At $2,349/mo, it's $219 above the Newark citywide median of $2,130/mo.

When was rent data for ZIP 07105 last updated?

Rent data for ZIP 07105 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
47%
STRETCHED

At $2,349/mo, rent takes ~47% of ZIP 07105's median household income ($59,847/yr). The standard benchmark is 30%.

ZIP 07105 47%Benchmark 30%
State income tax1.4–10.75%
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