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ZIP Code · NJ

ZIP 07304

Pop. 51,306·Hudson County·133rd most expensive ZIP in New Jersey
Median rent (all units)
$2,439/mo
Year-over-Year
+3.6%
Month-over-Month
Stable
vs US Median
+$474
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 07304 · $2,439
More expensive than 77% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,140
1 BR
$2,190
2 BR
$2,460
3 BR
$3,000
4 BR+
$3,520
Research median
$2,460/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
$29,268/yr
At $2,439/mo median
Location
StateNJ
CountyHudson County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.6% YoY, +0.0% MoM), not inventory.
Demographics

Who lives here

ZIP 07304 (Jersey City, NJ) is majority renter-occupied, 41.6% of residents hold a bachelor's degree or higher.

Population
51,306
Median income
$70,986
Median age
34.5
Renters
75.9%
Age distribution
21.8%
28.9%
25.5%
12.1%
Under 1821.8%
18–3428.9%
35–5425.5%
55–6412.1%
65+11.6%
Gender
49.4%
50.6%
Male49.4%
Female50.6%
Race & ethnicity
19.7%
34.9%
28.8%
14.1%
White19.7%
Black34.9%
Hispanic28.8%
Asian14.1%
Other2.4%
Education (25+)
27.4%
20.6%
41.6%
No HS diploma10.3%
HS diploma27.4%
Some college20.6%
Bachelor's+41.6%
Housing tenure
24.1%
75.9%
Owner24.1%
Renter75.9%

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

2021 vs 2026

How ZIP 07304 in Jersey City, NJ has changed in 5 years

Rent
$1,677 → $2,439
up 45.4%
Income
$60,787 → $70,986
up 16.8%
Population
50,444 → 51,306
up 1.7%
Renter share
70.9% → 75.9%
+5.0 pts
Bachelor's+
37.9% → 41.6%
+3.7 pts

Across the past five years, the going rent in ZIP 07304 in Jersey City, NJ has shifted from $1,677 to $2,439, up 45.4% since 2021. Census figures show median household income at $70,986 today, compared with $60,787 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 07304 in Jersey City, NJ adding about 862 residents over the five-year window, up 1.7% on net. The renter share has risen from 70.9% to 75.9%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 37.9% to 41.6% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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Local insights

Tips for renters in ZIP 07304

About renting in ZIP 07304

Last updated: July 20, 2026

ZIP code 07304 covers Jersey City, NJ. The median rent here is $2,439/mo as of July 2026. A 1-bedroom rents for a median of $2,190/mo. A 2-bedroom rents for a median of $2,460/mo.

At 41% of local median household income ($70,986/yr), ZIP 07304 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 07304?

As of July 20, 2026, the median monthly rent in ZIP 07304 (Jersey City, NJ) is $2,439. This is based on aggregated data from public sources and community submissions.

How does ZIP 07304 rent compare to the US average?

ZIP 07304's median rent of $2,439/mo is $474 (24%) above the US national median of $1,965/mo.

How does ZIP 07304 compare to other ZIPs in New Jersey?

ZIP 07304 falls in the middle range for New Jersey, ranking #133 out of 212 ZIPs at $2,439/mo.

How much income do you need to rent in ZIP 07304?

To keep rent at or below 30% of gross income, you would need to earn at least $98,000/year (~$47/hour full-time) to afford the median rent of $2,439/mo in ZIP 07304. The local median household income is $70,986/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 07304?

Rent in ZIP 07304 has increased 3.6% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 07304 an affordable place to rent?

ZIP 07304 is considered stretched for renters. At $2,439/mo, rent takes approximately 41% of the local median household income ($70,986/yr). The standard benchmark is 30%. ZIP 07304 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 07304 residents rent vs. own?

According to Census data, approximately 75.9% of ZIP 07304 households are renters, while 24.1% are owner-occupied. With a majority renter population, ZIP 07304 has a strong rental market.

How does ZIP 07304 compare to the rest of Jersey City?

ZIP 07304 is more affordable than Jersey City overall. At $2,439/mo, it's $743 below the Jersey City citywide median of $3,182/mo.

When was rent data for ZIP 07304 last updated?

Rent data for ZIP 07304 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
41%
STRETCHED

At $2,439/mo, rent takes ~41% of ZIP 07304's median household income ($70,986/yr). The standard benchmark is 30%.

ZIP 07304 41%Benchmark 30%
State income tax1.4–10.75%
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Schools nearby

Public schools near ZIP 07304 (Jersey City, NJ)

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