RentDataNowRentDataNow
ZIP Code · NJ

ZIP 07202

Pop. 44,968·Union County·145th most expensive ZIP in New Jersey
Median rent (all units)
$2,336/mo
Year-over-Year
+9.9%
Month-over-Month
+7.9%
vs US Median
+$371
Rising (Monthly)
Be the first to discuss 07202 rents ↓
Most AffordableMost Expensive
ZIP 07202 · $2,336
More expensive than 74% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,510
1 BR
$1,700
2 BR
$2,060
3 BR
$2,580
4 BR+
$2,930
Research median
$2,060/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$28,032/yr
At $2,336/mo median
Location
StateNJ
CountyUnion County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 9.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+9.9% YoY, +7.9% MoM), not inventory.
Demographics

Who lives here

ZIP 07202 (Elizabeth, NJ) is majority renter-occupied, 13% of residents hold a bachelor's degree or higher.

Population
44,968
Median income
$71,250
Median age
36.6
Renters
71.8%
Age distribution
23.9%
23.4%
27.4%
12.1%
13.2%
Under 1823.9%
18–3423.4%
35–5427.4%
55–6412.1%
65+13.2%
Gender
49.9%
50.1%
Male49.9%
Female50.1%
Race & ethnicity
16.9%
12.7%
70.3%
White16.9%
Black12.7%
Hispanic70.3%
Asian2.2%
Education (25+)
24.2%
36.5%
26.4%
13%
No HS diploma24.2%
HS diploma36.5%
Some college26.4%
Bachelor's+13%
Housing tenure
28.2%
71.8%
Owner28.2%
Renter71.8%

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

2021 vs 2026

How ZIP 07202 in Elizabeth, NJ has changed in 5 years

Income
$57,911 → $71,250
up 23.0%
Population
43,795 → 44,968
up 2.7%
Renter share
76% → 71.8%
-4.2 pts
Bachelor's+
11.9% → 13%
+1.1 pts

Median household income grew from $57,911 to $71,250 between 2021 and 2024, a 23.0% shift. Headcount in the area went from 43,795 to 44,968 between 2021 and 2024, a 2.7% change. About 71.8% of households rent today, against 76% in 2021.

Community

Discussions about ZIP 07202

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 07202

About renting in ZIP 07202

Last updated: July 20, 2026

ZIP code 07202 covers Elizabeth, NJ. The median rent here is $2,336/mo as of July 2026. A 1-bedroom rents for a median of $1,700/mo. A 2-bedroom rents for a median of $2,060/mo.

At 39% of local median household income ($71,250/yr), ZIP 07202 ranks as moderate compared to the national benchmark of 30%. Rents have increased 9.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 07202?

As of July 20, 2026, the median monthly rent in ZIP 07202 (Elizabeth, NJ) is $2,336. This is based on aggregated data from public sources and community submissions.

How does ZIP 07202 rent compare to the US average?

ZIP 07202's median rent of $2,336/mo is $371 (19%) above the US national median of $1,965/mo.

How does ZIP 07202 compare to other ZIPs in New Jersey?

ZIP 07202 is among the more affordable ZIP codes in New Jersey, ranking #145 out of 212 ZIPs at $2,336/mo.

How much income do you need to rent in ZIP 07202?

To keep rent at or below 30% of gross income, you would need to earn at least $93,000/year (~$45/hour full-time) to afford the median rent of $2,336/mo in ZIP 07202. The local median household income is $71,250/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 07202?

Rent in ZIP 07202 has increased 9.9% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 07202 an affordable place to rent?

ZIP 07202 is considered moderate for renters. At $2,336/mo, rent takes approximately 39% of the local median household income ($71,250/yr). The standard benchmark is 30%. ZIP 07202 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 07202 residents rent vs. own?

According to Census data, approximately 71.8% of ZIP 07202 households are renters, while 28.2% are owner-occupied. With a majority renter population, ZIP 07202 has a strong rental market.

How does ZIP 07202 compare to the rest of Elizabeth?

ZIP 07202 is pricier than Elizabeth as a whole. At $2,336/mo, it's $81 above the Elizabeth citywide median of $2,255/mo.

When was rent data for ZIP 07202 last updated?

Rent data for ZIP 07202 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
39%
MODERATE

At $2,336/mo, rent takes ~39% of ZIP 07202's median household income ($71,250/yr). The standard benchmark is 30%.

ZIP 07202 39%Benchmark 30%
State income tax1.4–10.75%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 07202 (Elizabeth, NJ)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.