ZIP 07112
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Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in ZIP 07112 is 2.4% below its high of $2,021 in June 2026, at $1,972 as of September 2026.
Rent in ZIP 07112 changed -2.0% over the year to September 2026. Across the 149 New Jersey ZIP codes Zillow tracks, the typical change was +2.8%.
Rent has fallen 3 months in a row, and rose in 4 of the last 12 months.
30% of the median household income ($58,200) is $1,455 a month. That covers HUD's Fair Market Rent for up to a studio ($1,400); a 1-bedroom is $1,600.
2nd cheapest of 9 ZIP codes in Newark.
From Zillow's monthly rent index (ZORI) for ZIP 07112. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
Who lives here
ZIP 07112 (Newark, NJ) is majority renter-occupied, has a median income below the national average, 21.7% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 07112 in Newark, NJ has changed in 5 years
Across the past five years, the going rent in ZIP 07112 in Newark, NJ has shifted from $1,541 to $1,972, up 28.0% since 2022. Median household income climbed from $45,540 to $58,200 between 2021 and 2024, a 27.8% shift. Census counts show ZIP 07112 in Newark, NJ adding about 2,772 residents over the five-year window, up 10.4% on net. Bachelor's-degree-or-higher attainment moved from 18.3% to 21.7% across the same window. Taken together, the five-year picture in ZIP 07112 in Newark, 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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Tips for renters in ZIP 07112
Last updated: October 17, 2026
ZIP code 07112 covers Newark, NJ. The median rent here is $1,972/mo as of October 2026. A 1-bedroom rents for a median of $1,600/mo. A 2-bedroom rents for a median of $1,930/mo.
At 41% of local median household income ($58,200/yr), ZIP 07112 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 2.0% over the past year.
Frequently asked questions
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How does ZIP 07112 compare to other ZIPs in New Jersey?
How does ZIP 07112 compare to the rest of Newark?
At $1,972/mo, rent takes ~41% of ZIP 07112's median household income ($58,200/yr). The standard benchmark is 30%.
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