ZIP Code · NJ

ZIP 07307

Pop. 42,645·Hudson County·105th most expensive ZIP in New Jersey
Median rent (all units)
$2,585/mo
Year-over-Year
+5.3%
Month-over-Month
-0.9%
vs US Median
+$620
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 07307 · $2,585
More expensive than 81% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,370
1 BR
$2,420
2 BR
$2,720
3 BR
$3,310
4 BR+
$3,890
Research median
$2,720/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
$31,020/yr
At $2,585/mo median
Location
StateNJ
CountyHudson County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (5.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+5.3% YoY, -0.9% MoM), not inventory.
Demographics

Who lives here

ZIP 07307 (Jersey City, NJ) is majority renter-occupied, 47.1% of residents hold a bachelor's degree or higher.

Population
42,645
Median income
$83,297
Median age
36.6
Renters
64.4%
Age distribution
19.4%
26.9%
30.4%
13.6%
Under 1819.4%
18–3426.9%
35–5430.4%
55–649.8%
65+13.6%
Gender
51.9%
48.1%
Male51.9%
Female48.1%
Race & ethnicity
33.2%
39.2%
24.5%
White33.2%
Black6.1%
Hispanic39.2%
Asian24.5%
Education (25+)
12.8%
23%
17%
47.1%
No HS diploma12.8%
HS diploma23%
Some college17%
Bachelor's+47.1%
Housing tenure
35.6%
64.4%
Owner35.6%
Renter64.4%

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

2021 vs 2026

How ZIP 07307 in Jersey City, NJ has changed in 5 years

Rent
$1,859 → $2,585
up 39.1%
Income
$69,124 → $83,297
up 20.5%
Population
43,151 → 42,645
down 1.2%
Renter share
67.8% → 64.4%
-3.4 pts
Bachelor's+
43.6% → 47.1%
+3.5 pts
Median age
34.8 → 36.6
+1.8 yrs

Five years ago, renters in ZIP 07307 in Jersey City, NJ paid around $1,859 a month. That figure now sits near $2,585, up 39.1% from the 2021 baseline. Census figures show median household income at $83,297 today, compared with $69,124 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 07307 in Jersey City, NJ losing about 506 residents over the five-year window, down 1.2% on net. The renter share has eased from 67.8% to 64.4%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 43.6% to 47.1% across the same window. 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 07307

Last updated: July 20, 2026

ZIP code 07307 covers Jersey City, NJ. The median rent here is $2,585/mo as of July 2026. A 1-bedroom rents for a median of $2,420/mo. A 2-bedroom rents for a median of $2,720/mo.

At 37% of local median household income ($83,297/yr), ZIP 07307 ranks as moderate compared to the national benchmark of 30%. Rents have increased 5.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 07307?

As of July 20, 2026, the median monthly rent in ZIP 07307 (Jersey City, NJ) is $2,585. This is based on aggregated data from public sources and community submissions.

How does ZIP 07307 rent compare to the US average?

ZIP 07307's median rent of $2,585/mo is $620 (32%) above the US national median of $1,965/mo.

How does ZIP 07307 compare to other ZIPs in New Jersey?

ZIP 07307 falls in the middle range for New Jersey, ranking #105 out of 212 ZIPs at $2,585/mo.

How much income do you need to rent in ZIP 07307?

To keep rent at or below 30% of gross income, you would need to earn at least $103,000/year (~$50/hour full-time) to afford the median rent of $2,585/mo in ZIP 07307. The local median household income is $83,297/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 07307?

Rent in ZIP 07307 has increased 5.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 07307 an affordable place to rent?

ZIP 07307 is considered moderate for renters. At $2,585/mo, rent takes approximately 37% of the local median household income ($83,297/yr). The standard benchmark is 30%. ZIP 07307 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 07307 residents rent vs. own?

According to Census data, approximately 64.4% of ZIP 07307 households are renters, while 35.6% are owner-occupied. With a majority renter population, ZIP 07307 has a strong rental market.

How does ZIP 07307 compare to the rest of Jersey City?

ZIP 07307 is more affordable than Jersey City overall. At $2,585/mo, it's $597 below the Jersey City citywide median of $3,182/mo.

When was rent data for ZIP 07307 last updated?

Rent data for ZIP 07307 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
37%
MODERATE

At $2,585/mo, rent takes ~37% of ZIP 07307's median household income ($83,297/yr). The standard benchmark is 30%.

ZIP 07307 37%Benchmark 30%
State income tax1.4–10.75%
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Schools nearby

Public schools near ZIP 07307 (Jersey City, NJ)

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