ZIP 07307
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12-month history
Last updated: October 17, 2026
What the numbers show
February. Asking rents in ZIP 07307 usually run 0.7% below trend in February and 0.8% above it in September, about $40 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 07307 is 0.3% below its high of $2,694 in August 2026, at $2,686 as of September 2026.
Rent in ZIP 07307 changed +2.9% 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 07307 rose 33.5% while median household income rose 31.6% ($63,281 to $83,297). Rent outpaced income.
Rent in ZIP 07307 is 36.3% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent rose in 9 of the last 12 months.
30% of the median household income ($83,297) is $2,082 a month. That is less than HUD's Fair Market Rent for a studio ($2,370).
4th cheapest of 6 ZIP codes in Jersey City.
ZIP 07087, 2 miles away, rents for 13% less ($2,343/mo), about $4,100 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 07307. 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 07307 (Jersey City, NJ) is majority renter-occupied, 47.1% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 07307 in Jersey City, NJ has changed in 5 years
Five years ago, renters in ZIP 07307 in Jersey City, NJ paid around $1,933 a month. That figure now sits near $2,686, up 39.0% 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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Tips for renters in ZIP 07307
Last updated: October 17, 2026
ZIP code 07307 covers Jersey City, NJ. The median rent here is $2,686/mo as of October 2026. A 1-bedroom rents for a median of $2,420/mo. A 2-bedroom rents for a median of $2,720/mo.
At 39% of local median household income ($83,297/yr), ZIP 07307 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.9% over the past year.
Frequently asked questions
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How does ZIP 07307 compare to the rest of Jersey City?
At $2,686/mo, rent takes ~39% of ZIP 07307's median household income ($83,297/yr). The standard benchmark is 30%.
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