ZIP Code · NJ

ZIP 07650

Pop. 20,290·Bergen County·89th most expensive ZIP in New Jersey
Median rent (all units)
$2,666/mo
Year-over-Year
Stable
Month-over-Month
-9.1%
vs US Median
+$701
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 07650 · $2,666
More expensive than 83% of US ZIP codes · National median $1,965/mo
Rent check

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Medians by bedroom

Rent by unit size

Studio
$1,980
1 BR
$2,260
2 BR
$2,590
3 BR
$3,160
4 BR+
$4,030
Research median
$2,590/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
$31,992/yr
At $2,666/mo median
Location
StateNJ
CountyBergen County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -9.1% MoM), not inventory.
Demographics

Who lives here

ZIP 07650 (Palisades Park, NJ) is majority renter-occupied, has a median income above the national average, 51% of residents hold a bachelor's degree or higher.

Population
20,290
Median income
$94,743
Median age
42.9
Renters
64.5%
Age distribution
14.6%
25%
26.2%
15.5%
18.6%
Under 1814.6%
18–3425%
35–5426.2%
55–6415.5%
65+18.6%
Gender
46.8%
53.2%
Male46.8%
Female53.2%
Race & ethnicity
22.5%
22.3%
54.6%
White22.5%
Black2.6%
Hispanic22.3%
Asian54.6%
Education (25+)
19.7%
17.5%
51%
No HS diploma11.8%
HS diploma19.7%
Some college17.5%
Bachelor's+51%
Housing tenure
35.5%
64.5%
Owner35.5%
Renter64.5%

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

2021 vs 2026

How ZIP 07650 in Palisades Park, NJ has changed in 5 years

Income
$76,297 → $94,743
up 24.2%
Population
20,291 → 20,290
up 0.0%
Renter share
62.7% → 64.5%
+1.8 pts
Bachelor's+
50.4% → 51%
+0.6 pts
Median age
40.9 → 42.9
+2.0 yrs

On the earnings side, the typical household in ZIP 07650 in Palisades Park, NJ now reports about $94,743, up from $76,297 in 2021. Renters now make up 64.5% of households, compared with 62.7% five years ago.

Community

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Local insights

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About renting in ZIP 07650

Last updated: July 20, 2026

ZIP code 07650 covers Palisades Park, NJ. The median rent here is $2,666/mo as of July 2026. A 1-bedroom rents for a median of $2,260/mo. A 2-bedroom rents for a median of $2,590/mo.

At 34% of local median household income ($94,743/yr), ZIP 07650 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 07650?

As of July 20, 2026, the median monthly rent in ZIP 07650 (Palisades Park, NJ) is $2,666. This is based on aggregated data from public sources and community submissions.

How does ZIP 07650 rent compare to the US average?

ZIP 07650's median rent of $2,666/mo is $701 (36%) above the US national median of $1,965/mo.

How does ZIP 07650 compare to other ZIPs in New Jersey?

ZIP 07650 falls in the middle range for New Jersey, ranking #89 out of 212 ZIPs at $2,666/mo.

How much income do you need to rent in ZIP 07650?

To keep rent at or below 30% of gross income, you would need to earn at least $107,000/year (~$51/hour full-time) to afford the median rent of $2,666/mo in ZIP 07650. The local median household income is $94,743/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 07650?

Rent in ZIP 07650 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 07650 an affordable place to rent?

ZIP 07650 is considered moderate for renters. At $2,666/mo, rent takes approximately 34% of the local median household income ($94,743/yr). The standard benchmark is 30%. ZIP 07650 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 07650 residents rent vs. own?

According to Census data, approximately 64.5% of ZIP 07650 households are renters, while 35.5% are owner-occupied. With a majority renter population, ZIP 07650 has a strong rental market.

How does ZIP 07650 compare to the rest of Palisades Park?

ZIP 07650 is more affordable than Palisades Park overall. At $2,666/mo, it's $77 below the Palisades Park citywide median of $2,743/mo.

When was rent data for ZIP 07650 last updated?

Rent data for ZIP 07650 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
34%
MODERATE

At $2,666/mo, rent takes ~34% of ZIP 07650's median household income ($94,743/yr). The standard benchmark is 30%.

ZIP 07650 34%Benchmark 30%
State income tax1.4–10.75%
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Public schools near ZIP 07650 (Palisades Park, NJ)

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