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ZIP Code · NJ

ZIP 07305

Pop. 72,161·Hudson County·148th most expensive ZIP in New Jersey
Median rent (all units)
$2,302/mo
Year-over-Year
+4.8%
Month-over-Month
-2.0%
vs US Median
+$337
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 07305 · $2,302
More expensive than 73% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,040
1 BR
$2,080
2 BR
$2,340
3 BR
$2,850
4 BR+
$3,350
Research median
$2,340/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
$27,624/yr
At $2,302/mo median
Location
StateNJ
CountyHudson County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+4.8% YoY, -2.0% MoM), not inventory.
Demographics

Who lives here

ZIP 07305 (Jersey City, NJ) is majority renter-occupied, has a large share of families with children, 34.9% of residents hold a bachelor's degree or higher.

Population
72,161
Median income
$76,527
Median age
36.2
Renters
60%
Age distribution
25.2%
23.3%
25.2%
14.7%
Under 1825.2%
18–3423.3%
35–5425.2%
55–6411.7%
65+14.7%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
13.8%
40.7%
29.8%
16.9%
White13.8%
Black40.7%
Hispanic29.8%
Asian16.9%
Education (25+)
12.5%
26.9%
25.7%
34.9%
No HS diploma12.5%
HS diploma26.9%
Some college25.7%
Bachelor's+34.9%
Housing tenure
40%
60%
Owner40%
Renter60%

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

2021 vs 2026

How ZIP 07305 in Jersey City, NJ has changed in 5 years

Rent
$1,718 → $2,302
up 34.0%
Income
$67,048 → $76,527
up 14.1%
Population
71,911 → 72,161
up 0.3%
Renter share
58% → 60%
+2.0 pts
Bachelor's+
33.4% → 34.9%
+1.5 pts
Median age
35.5 → 36.2
+0.7 yrs

Compared with 2021, rent in ZIP 07305 in Jersey City, NJ has climbed by $584 per month, settling near $2,302 after starting the period at $1,718. Census figures show median household income at $76,527 today, compared with $67,048 five years earlier. Rent outpaced income growth by roughly 19.9 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. About 60% of households rent today, against 58% in 2021. 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

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About renting in ZIP 07305

Last updated: July 20, 2026

ZIP code 07305 covers Jersey City, NJ. The median rent here is $2,302/mo as of July 2026. A 1-bedroom rents for a median of $2,080/mo. A 2-bedroom rents for a median of $2,340/mo.

At 36% of local median household income ($76,527/yr), ZIP 07305 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 07305?

As of July 20, 2026, the median monthly rent in ZIP 07305 (Jersey City, NJ) is $2,302. This is based on aggregated data from public sources and community submissions.

How does ZIP 07305 rent compare to the US average?

ZIP 07305's median rent of $2,302/mo is $337 (17%) above the US national median of $1,965/mo.

How does ZIP 07305 compare to other ZIPs in New Jersey?

ZIP 07305 is among the more affordable ZIP codes in New Jersey, ranking #148 out of 212 ZIPs at $2,302/mo.

How much income do you need to rent in ZIP 07305?

To keep rent at or below 30% of gross income, you would need to earn at least $92,000/year (~$44/hour full-time) to afford the median rent of $2,302/mo in ZIP 07305. The local median household income is $76,527/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 07305?

Rent in ZIP 07305 has increased 4.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 07305 an affordable place to rent?

ZIP 07305 is considered moderate for renters. At $2,302/mo, rent takes approximately 36% of the local median household income ($76,527/yr). The standard benchmark is 30%. ZIP 07305 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 07305 residents rent vs. own?

According to Census data, approximately 60% of ZIP 07305 households are renters, while 40% are owner-occupied. With a majority renter population, ZIP 07305 has a strong rental market.

How does ZIP 07305 compare to the rest of Jersey City?

ZIP 07305 is more affordable than Jersey City overall. At $2,302/mo, it's $880 below the Jersey City citywide median of $3,182/mo.

When was rent data for ZIP 07305 last updated?

Rent data for ZIP 07305 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
36%
MODERATE

At $2,302/mo, rent takes ~36% of ZIP 07305's median household income ($76,527/yr). The standard benchmark is 30%.

ZIP 07305 36%Benchmark 30%
State income tax1.4–10.75%
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Schools nearby

Public schools near ZIP 07305 (Jersey City, NJ)

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