ZIP Code · NJ

ZIP 07506

Part of Hawthorne, NJ

Pop. 19,628·Passaic County·90th most expensive ZIP in New Jersey

Median rent (all units)

$2,607/mo

Year-over-Year

+10.8%

Month-over-Month

-0.2%

vs US Median

+$675

Reported rents

Stable (Monthly)

Be the first to discuss 07506 rents ↓

Most AffordableMost Expensive

ZIP 07506 · $2,607

More expensive than 82% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,810

1 BR

$2,060

2 BR

$2,360

3 BR

$2,880

4 BR+

$3,670

Research median

$2,360/mo

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

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of New Jersey

Rent in ZIP 07506 changed +10.7% over the year to September 2026. Across the 149 New Jersey ZIP codes Zillow tracks, the typical change was +2.8%.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($110,237) is $2,756 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,360); a 3-bedroom is $2,880.

Cheaper nearby

ZIP 07524, 2 miles away, rents for 23% less ($2,000/mo), about $7,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 07506. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$31,284/yr

At $2,607/mo median

Location

CityHawthorne

StateNJ

CountyPassaic County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 10.8% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+10.8% YoY, -0.2% MoM), not inventory.

Demographics

Who lives here

ZIP 07506 (Hawthorne, NJ) is majority owner-occupied, has a large retiree population, has a median income above the national average, 47% of residents hold a bachelor's degree or higher.

Population

19,628

Median income

$110,237

Median age

42.4

Renters

30.9%

Age distribution

20%

22.1%

24.4%

12.8%

20.6%

Under 1820%

18–3422.1%

35–5424.4%

55–6412.8%

65+20.6%

Gender

49.3%

50.7%

Male49.3%

Female50.7%

Race & ethnicity

68.4%

26.1%

White68.4%

Black2.4%

Hispanic26.1%

Asian1.9%

Other1.2%

Education (25+)

22.6%

26.2%

47%

No HS diploma4.2%

HS diploma22.6%

Some college26.2%

Bachelor's+47%

Housing tenure

69.1%

30.9%

Owner69.1%

Renter30.9%

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

2021 vs 2026

How ZIP 07506 in Hawthorne, NJ has changed in 5 years

Income

$107,416 → $110,237

up 2.6%

Population

19,507 → 19,628

up 0.6%

Renter share

34% → 30.9%

-3.1 pts

Bachelor's+

44.8% → 47%

+2.2 pts

Median age

41.6 → 42.4

+0.8 yrs

Local incomes tracked alongside that move, going from a median of $107,416 in 2021 to $110,237 more recently. The renter share has eased from 34% to 30.9%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 44.8% to 47% across the same window.

Community

Discussions about ZIP 07506

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 07506

About renting in ZIP 07506

Last updated: October 17, 2026

ZIP code 07506 covers Hawthorne, NJ. The median rent here is $2,607/mo as of October 2026. A 1-bedroom rents for a median of $2,060/mo. A 2-bedroom rents for a median of $2,360/mo.

At 28% of local median household income ($110,237/yr), ZIP 07506 ranks as affordable compared to the national benchmark of 30%. Rents have increased 10.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 07506?

To keep rent at or below 30% of gross income, you would need to earn at least $104,000/year (about $50/hour full-time) to afford the median rent of $2,607/mo in ZIP 07506. The local median household income is $110,237/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 07506?

Rent in ZIP 07506 has risen 10.8% over the past year.

How does ZIP 07506 compare to other ZIPs in New Jersey?

ZIP 07506 is in the middle among New Jersey ZIP codes for rent, ranking #90 of 209 at $2,607/mo. Over the year to September 2026, rent in ZIP 07506 changed +10.7%, against a typical +2.8% across the 149 New Jersey ZIP codes Zillow tracks.