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ZIP Code · NJ

ZIP 07201

Pop. 28,467·Union County·132nd most expensive ZIP in New Jersey
Median rent (all units)
$2,345/mo
Year-over-Year
-10.7%
Month-over-Month
+0.2%
vs US Median
+$415
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 07201 · $2,345
More expensive than 75% of US ZIP codes · National median $1,930/mo
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Medians by bedroom

Rent by unit size

Studio
$1,400
1 BR
$1,600
2 BR
$1,930
3 BR
$2,430
4 BR+
$2,760
Research median
$1,930/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: May 18, 2026

Annual cost
$28,140/yr
At $2,345/mo median
Location
StateNJ
CountyUnion County
Demographics

Who lives here

ZIP 07201 (Elizabeth, NJ) is majority renter-occupied, has a large share of families with children, has a median income below the national average, 13.2% of residents hold a bachelor's degree or higher.

Population
28,467
Median income
$60,080
Median age
36.7
Renters
80.2%
Age distribution
26.5%
21.4%
30.2%
Under 1826.5%
18–3421.4%
35–5430.2%
55–6410.8%
65+11.2%
Gender
49.7%
50.3%
Male49.7%
Female50.3%
Race & ethnicity
22.7%
18.8%
66.2%
White22.7%
Black18.8%
Hispanic66.2%
Asian1.2%
Education (25+)
27.3%
39.6%
19.9%
13.2%
No HS diploma27.3%
HS diploma39.6%
Some college19.9%
Bachelor's+13.2%
Housing tenure
19.8%
80.2%
Owner19.8%
Renter80.2%

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

2021 vs 2026

How ZIP 07201 in Elizabeth, NJ has changed in 5 years

Income
$52,768 → $60,080
up 13.9%
Population
28,207 → 28,467
up 0.9%
Renter share
76.7% → 80.2%
+3.5 pts
Bachelor's+
15.3% → 13.2%
-2.1 pts
Median age
35.5 → 36.7
+1.2 yrs

On the earnings side, the typical household in ZIP 07201 in Elizabeth, NJ now reports about $60,080, up from $52,768 in 2021. About 80.2% of households rent today, against 76.7% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher slipped from 15.3% to 13.2%.

Community

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Local insights

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About renting in ZIP 07201

Last updated: May 18, 2026

ZIP code 07201 covers Elizabeth, NJ. The median rent here is $2,345/mo as of May 2026. A 1-bedroom rents for a median of $1,600/mo. A 2-bedroom rents for a median of $1,930/mo.

At 47% of local median household income ($60,080/yr), ZIP 07201 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 10.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 07201?

As of May 18, 2026, the median monthly rent in ZIP 07201 (Elizabeth, NJ) is $2,345. This is based on aggregated data from public sources and community submissions.

How does ZIP 07201 rent compare to the US average?

ZIP 07201's median rent of $2,345/mo is $415 (22%) above the US national median of $1,930/mo.

How does ZIP 07201 compare to other ZIPs in New Jersey?

ZIP 07201 falls in the middle range for New Jersey, ranking #132 out of 200 ZIPs at $2,345/mo.

How much income do you need to rent in ZIP 07201?

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 $2,345/mo in ZIP 07201. The local median household income is $60,080/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 07201?

Rent in ZIP 07201 has decreased 10.7% over the past year as of May 18, 2026, offering some relief compared to 12 months ago.

Is ZIP 07201 an affordable place to rent?

ZIP 07201 is considered stretched for renters. At $2,345/mo, rent takes approximately 47% of the local median household income ($60,080/yr). The standard benchmark is 30%. ZIP 07201 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 07201 residents rent vs. own?

According to Census data, approximately 80.2% of ZIP 07201 households are renters, while 19.8% are owner-occupied. With a majority renter population, ZIP 07201 has a strong rental market.

How does ZIP 07201 compare to the rest of Elizabeth?

ZIP 07201 is pricier than Elizabeth as a whole. At $2,345/mo, it's $121 above the Elizabeth citywide median of $2,224/mo.

When was rent data for ZIP 07201 last updated?

Rent data for ZIP 07201 reflects May 18, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Affordability
47%
STRETCHED

At $2,345/mo, rent takes ~47% of ZIP 07201's median household income ($60,080/yr). The standard benchmark is 30%.

ZIP 07201 47%Benchmark 30%
State income tax1.4–10.75%
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Schools nearby

Public schools near ZIP 07201 (Elizabeth, NJ)

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