RentDataNowRentDataNow
ZIP Code · NJ

ZIP 07424

Pop. 28,085·Passaic County·78th most expensive ZIP in New Jersey
Median rent (all units)
$2,702/mo
Year-over-Year
Stable
Month-over-Month
+0.1%
vs US Median
+$737
Stable (Monthly)
Be the first to discuss 07424 rents ↓
Most AffordableMost Expensive
ZIP 07424 · $2,702
More expensive than 84% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,770
1 BR
$2,010
2 BR
$2,310
3 BR
$2,820
4 BR+
$3,600
Research median
$2,310/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$32,424/yr
At $2,702/mo median
Location
StateNJ
CountyPassaic 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 (+0.0% YoY, +0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 07424 (Woodland Park, NJ) is majority owner-occupied, has a median income above the national average, 46.2% of residents hold a bachelor's degree or higher.

Population
28,085
Median income
$105,050
Median age
41
Renters
32.9%
Age distribution
15.9%
27.9%
24.4%
14.6%
17.2%
Under 1815.9%
18–3427.9%
35–5424.4%
55–6414.6%
65+17.2%
Gender
48.4%
51.6%
Male48.4%
Female51.6%
Race & ethnicity
66.2%
24.8%
White66.2%
Black4.6%
Hispanic24.8%
Asian7.2%
Education (25+)
29.1%
20.5%
46.2%
No HS diploma4.3%
HS diploma29.1%
Some college20.5%
Bachelor's+46.2%
Housing tenure
67.1%
32.9%
Owner67.1%
Renter32.9%

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

2021 vs 2026

How ZIP 07424 in Woodland Park, NJ has changed in 5 years

Income
$97,631 → $105,050
up 7.6%
Population
26,893 → 28,085
up 4.4%
Renter share
31.8% → 32.9%
+1.1 pts
Bachelor's+
44.2% → 46.2%
+2.0 pts
Median age
46.2 → 41
-5.2 yrs

Median household income grew from $97,631 to $105,050 between 2021 and 2024, a 7.6% shift. Headcount in the area went from 26,893 to 28,085 between 2021 and 2024, a 4.4% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 44.2% to 46.2%.

Community

Discussions about ZIP 07424

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 07424

About renting in ZIP 07424

Last updated: July 20, 2026

ZIP code 07424 covers Woodland Park, NJ. The median rent here is $2,702/mo as of July 2026. A 1-bedroom rents for a median of $2,010/mo. A 2-bedroom rents for a median of $2,310/mo.

At 31% of local median household income ($105,050/yr), ZIP 07424 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 07424?

As of July 20, 2026, the median monthly rent in ZIP 07424 (Woodland Park, NJ) is $2,702. This is based on aggregated data from public sources and community submissions.

How does ZIP 07424 rent compare to the US average?

ZIP 07424's median rent of $2,702/mo is $737 (38%) above the US national median of $1,965/mo.

How does ZIP 07424 compare to other ZIPs in New Jersey?

ZIP 07424 falls in the middle range for New Jersey, ranking #78 out of 212 ZIPs at $2,702/mo.

How much income do you need to rent in ZIP 07424?

To keep rent at or below 30% of gross income, you would need to earn at least $108,000/year (~$52/hour full-time) to afford the median rent of $2,702/mo in ZIP 07424. The local median household income is $105,050/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 07424?

Rent in ZIP 07424 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 07424 an affordable place to rent?

ZIP 07424 is considered moderate for renters. At $2,702/mo, rent takes approximately 31% of the local median household income ($105,050/yr). The standard benchmark is 30%. ZIP 07424 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 07424 residents rent vs. own?

According to Census data, approximately 32.9% of ZIP 07424 households are renters, while 67.1% are owner-occupied. ZIP 07424 leans toward homeownership, which can mean a smaller rental inventory.

When was rent data for ZIP 07424 last updated?

Rent data for ZIP 07424 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
31%
MODERATE

At $2,702/mo, rent takes ~31% of ZIP 07424's median household income ($105,050/yr). The standard benchmark is 30%.

ZIP 07424 31%Benchmark 30%
State income tax1.4–10.75%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 07424 (Woodland Park, NJ)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.