ZIP Code · NJ

ZIP 07105

Part of Newark, NJ

Pop. 57,093·Essex County·134th most expensive ZIP in New Jersey

Median rent (all units)

$2,349/mo

Year-over-Year

+1.4%

Month-over-Month

+0.1%

vs US Median

+$417

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 07105 · $2,349

More expensive than 75% 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

$1,430

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: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of New Jersey

Rent in ZIP 07105 changed +1.4% 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 3 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($59,847) is $1,496 a month. That covers HUD's Fair Market Rent for up to a studio ($1,430); a 1-bedroom is $1,610.

Rank in Newark

8th cheapest of 9 ZIP codes in Newark.

Cheaper nearby

ZIP 07032, 2 miles away, rents for 10% less ($2,108/mo), about $2,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 07105. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$28,188/yr

At $2,349/mo median

Location

CityNewark

StateNJ

CountyEssex County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+1.4% YoY, +0.1% 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: October 17, 2026

ZIP code 07105 covers Newark, NJ. The median rent here is $2,349/mo as of October 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 1.4% over the past year.

FAQ

Frequently asked questions

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 (about $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, so the typical household falls short of that bar.

Is rent going up or down in ZIP 07105?

Rent in ZIP 07105 has risen 1.4% over the past year.

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

ZIP 07105 is in the middle among New Jersey ZIP codes for rent, ranking #134 of 209 at $2,349/mo. Over the year to September 2026, rent in ZIP 07105 changed +1.4%, against a typical +2.8% across the 149 New Jersey ZIP codes Zillow tracks.