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ZIP Code · NJ

ZIP 07306

Pop. 54,017·Hudson County·62nd most expensive ZIP in New Jersey
Median rent (all units)
$2,848/mo
Year-over-Year
+12.8%
Month-over-Month
+3.6%
vs US Median
+$883
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 07306 · $2,848
More expensive than 87% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,200
1 BR
$2,250
2 BR
$2,530
3 BR
$3,080
4 BR+
$3,620
Research median
$2,530/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
$34,176/yr
At $2,848/mo median
Location
StateNJ
CountyHudson County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 12.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+12.8% YoY, +3.6% MoM), not inventory.
Demographics

Who lives here

ZIP 07306 (Jersey City, NJ) is majority renter-occupied, 52.2% of residents hold a bachelor's degree or higher.

Population
54,017
Median income
$74,953
Median age
35.6
Renters
75.8%
Age distribution
20%
28.7%
27.4%
13.7%
Under 1820%
18–3428.7%
35–5427.4%
55–6410.2%
65+13.7%
Gender
50.7%
49.3%
Male50.7%
Female49.3%
Race & ethnicity
26.6%
24.2%
36.1%
White26.6%
Black11.9%
Hispanic24.2%
Asian36.1%
Other1.3%
Education (25+)
19%
17.1%
52.2%
No HS diploma11.7%
HS diploma19%
Some college17.1%
Bachelor's+52.2%
Housing tenure
24.2%
75.8%
Owner24.2%
Renter75.8%

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

2021 vs 2026

How ZIP 07306 in Jersey City, NJ has changed in 5 years

Rent
$1,903 → $2,848
up 49.7%
Income
$66,812 → $74,953
up 12.2%
Population
55,053 → 54,017
down 1.9%
Renter share
76.6% → 75.8%
-0.8 pts
Bachelor's+
49% → 52.2%
+3.2 pts
Median age
34.7 → 35.6
+0.9 yrs

The median rent in ZIP 07306 in Jersey City, NJ stood at $1,903 in 2021 and currently runs about $2,848, reflecting a 49.7% increase over the period. Census figures show median household income at $74,953 today, compared with $66,812 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 1.9% since 2021, moving from about 55,053 residents to roughly 54,017. College-educated residents now make up 52.2% of adults here, versus 49% 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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Local insights

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About renting in ZIP 07306

Last updated: July 20, 2026

ZIP code 07306 covers Jersey City, NJ. The median rent here is $2,848/mo as of July 2026. A 1-bedroom rents for a median of $2,250/mo. A 2-bedroom rents for a median of $2,530/mo.

At 46% of local median household income ($74,953/yr), ZIP 07306 ranks as moderate compared to the national benchmark of 30%. Rents have increased 12.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 07306?

As of July 20, 2026, the median monthly rent in ZIP 07306 (Jersey City, NJ) is $2,848. This is based on aggregated data from public sources and community submissions.

How does ZIP 07306 rent compare to the US average?

ZIP 07306's median rent of $2,848/mo is $883 (45%) above the US national median of $1,965/mo.

How does ZIP 07306 compare to other ZIPs in New Jersey?

ZIP 07306 is one of the pricier ZIP codes in New Jersey, ranking #62 out of 212 ZIPs tracked at $2,848/mo.

How much income do you need to rent in ZIP 07306?

To keep rent at or below 30% of gross income, you would need to earn at least $114,000/year (~$55/hour full-time) to afford the median rent of $2,848/mo in ZIP 07306. The local median household income is $74,953/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 07306?

Rent in ZIP 07306 has increased 12.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 07306 an affordable place to rent?

ZIP 07306 is considered stretched for renters. At $2,848/mo, rent takes approximately 46% of the local median household income ($74,953/yr). The standard benchmark is 30%. ZIP 07306 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 07306 residents rent vs. own?

According to Census data, approximately 75.8% of ZIP 07306 households are renters, while 24.2% are owner-occupied. With a majority renter population, ZIP 07306 has a strong rental market.

How does ZIP 07306 compare to the rest of Jersey City?

ZIP 07306 is more affordable than Jersey City overall. At $2,848/mo, it's $334 below the Jersey City citywide median of $3,182/mo.

When was rent data for ZIP 07306 last updated?

Rent data for ZIP 07306 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
46%
STRETCHED

At $2,848/mo, rent takes ~46% of ZIP 07306's median household income ($74,953/yr). The standard benchmark is 30%.

ZIP 07306 46%Benchmark 30%
State income tax1.4–10.75%
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Schools nearby

Public schools near ZIP 07306 (Jersey City, NJ)

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