ZIP 07305
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Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
February. Asking rents in ZIP 07305 usually run 0.7% below trend in February and 0.3% above it in August, about $23 a month apart at today's median. Based on 10 years of data.
Rent in ZIP 07305 is at its highest level since Zillow's records here began in May 2016.
Rent in ZIP 07305 changed +1.8% over the year to September 2026. Across the 149 New Jersey ZIP codes Zillow tracks, the typical change was +2.8%.
From 2019 to 2024, rent in ZIP 07305 rose 36.9% while median household income rose 36.8% ($55,955 to $76,527). Rent outpaced income.
Rent in ZIP 07305 is 39.2% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 4 months in a row, and rose in 8 of the last 12 months.
30% of the median household income ($76,527) is $1,913 a month. That is less than HUD's Fair Market Rent for a studio ($2,040).
1st cheapest of 6 ZIP codes in Jersey City.
ZIP 07114, 5 miles away, rents for 17% less ($1,926/mo), about $4,700 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 07305. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 07305 in Jersey City, NJ has changed in 5 years
Compared with 2021, rent in ZIP 07305 in Jersey City, NJ has climbed by $599 per month, settling near $2,314 after starting the period at $1,715. Census figures show median household income at $76,527 today, compared with $67,048 five years earlier. Rent outpaced income growth by roughly 20.8 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.
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Tips for renters in ZIP 07305
Last updated: October 17, 2026
ZIP code 07305 covers Jersey City, NJ. The median rent here is $2,314/mo as of October 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 1.8% over the past year.
Frequently asked questions
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How does ZIP 07305 compare to other ZIPs in New Jersey?
How does ZIP 07305 compare to the rest of Jersey City?
At $2,314/mo, rent takes ~36% of ZIP 07305's median household income ($76,527/yr). The standard benchmark is 30%.
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