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ZIP Code · NJ

ZIP 07203

Part of Roselle, NJ
Pop. 22,646·Union County·90th most expensive ZIP in New Jersey
Median rent (all units)
$2,660/mo
Year-over-Year
+10.8%
Month-over-Month
+2.3%
vs US Median
+$695
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 07203 · $2,660
More expensive than 83% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,490
1 BR
$1,690
2 BR
$2,040
3 BR
$2,550
4 BR+
$2,900
Research median
$2,040/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
$31,920/yr
At $2,660/mo median
Location
StateNJ
CountyUnion County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 10.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+10.8% YoY, +2.3% MoM), not inventory.
Demographics

Who lives here

ZIP 07203 (Roselle, NJ) is roughly split between renters and owners, has a median income above the national average, 27.1% of residents hold a bachelor's degree or higher.

Population
22,646
Median income
$92,762
Median age
39.4
Renters
45.3%
Age distribution
18.3%
25.7%
28.6%
12.6%
14.7%
Under 1818.3%
18–3425.7%
35–5428.6%
55–6412.6%
65+14.7%
Gender
49.3%
50.7%
Male49.3%
Female50.7%
Race & ethnicity
14%
40.8%
44.2%
White14%
Black40.8%
Hispanic44.2%
Asian1.4%
Education (25+)
15%
33.4%
24.5%
27.1%
No HS diploma15%
HS diploma33.4%
Some college24.5%
Bachelor's+27.1%
Housing tenure
54.7%
45.3%
Owner54.7%
Renter45.3%

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

2021 vs 2026

How ZIP 07203 in Roselle, NJ has changed in 5 years

Income
$68,369 → $92,762
up 35.7%
Population
22,511 → 22,646
up 0.6%
Renter share
43% → 45.3%
+2.3 pts
Bachelor's+
22.4% → 27.1%
+4.7 pts
Median age
37.9 → 39.4
+1.5 yrs

Local incomes tracked alongside that move, going from a median of $68,369 in 2021 to $92,762 more recently. The renter share has risen from 43% to 45.3%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 22.4% to 27.1% across the same window.

Community

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Local insights

Tips for renters in ZIP 07203

About renting in ZIP 07203

Last updated: July 20, 2026

ZIP code 07203 covers Roselle, NJ. The median rent here is $2,660/mo as of July 2026. A 1-bedroom rents for a median of $1,690/mo. A 2-bedroom rents for a median of $2,040/mo.

At 34% of local median household income ($92,762/yr), ZIP 07203 ranks as moderate compared to the national benchmark of 30%. Rents have increased 10.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 07203?

As of July 20, 2026, the median monthly rent in ZIP 07203 (Roselle, NJ) is $2,660. This is based on aggregated data from public sources and community submissions.

How does ZIP 07203 rent compare to the US average?

ZIP 07203's median rent of $2,660/mo is $695 (35%) above the US national median of $1,965/mo.

How does ZIP 07203 compare to other ZIPs in New Jersey?

ZIP 07203 falls in the middle range for New Jersey, ranking #90 out of 212 ZIPs at $2,660/mo.

How much income do you need to rent in ZIP 07203?

To keep rent at or below 30% of gross income, you would need to earn at least $106,000/year (~$51/hour full-time) to afford the median rent of $2,660/mo in ZIP 07203. The local median household income is $92,762/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 07203?

Rent in ZIP 07203 has increased 10.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 07203 an affordable place to rent?

ZIP 07203 is considered moderate for renters. At $2,660/mo, rent takes approximately 34% of the local median household income ($92,762/yr). The standard benchmark is 30%. ZIP 07203 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 07203 residents rent vs. own?

According to Census data, approximately 45.3% of ZIP 07203 households are renters, while 54.7% are owner-occupied. ZIP 07203 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 07203 compare to the rest of Roselle?

ZIP 07203 is pricier than Roselle as a whole. At $2,660/mo, it's $95 above the Roselle citywide median of $2,565/mo.

When was rent data for ZIP 07203 last updated?

Rent data for ZIP 07203 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
34%
MODERATE

At $2,660/mo, rent takes ~34% of ZIP 07203's median household income ($92,762/yr). The standard benchmark is 30%.

ZIP 07203 34%Benchmark 30%
State income tax1.4–10.75%
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Schools nearby

Public schools near ZIP 07203 (Roselle, NJ)

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