ZIP Code · NJ

ZIP 07724

Pop. 24,016·Monmouth County·141st most expensive ZIP in New Jersey
Median rent (all units)
$2,375/mo
Year-over-Year
Stable
Month-over-Month
+3.0%
vs US Median
+$410
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 07724 · $2,375
More expensive than 75% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,530
1 BR
$1,730
2 BR
$2,130
3 BR
$2,780
4 BR+
$3,080
Research median
$2,130/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
$28,500/yr
At $2,375/mo median
Location
StateNJ
CountyMonmouth County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +3.0% MoM), not inventory.
Demographics

Who lives here

ZIP 07724 (Eatontown, NJ) is majority owner-occupied, has a large retiree population, has a median income above the national average, 44.1% of residents hold a bachelor's degree or higher.

Population
24,016
Median income
$102,756
Median age
47.6
Renters
28.2%
Age distribution
18.4%
18.3%
25.2%
16.6%
21.5%
Under 1818.4%
18–3418.3%
35–5425.2%
55–6416.6%
65+21.5%
Gender
44.7%
55.3%
Male44.7%
Female55.3%
Race & ethnicity
66.9%
White66.9%
Black9.2%
Hispanic10.6%
Asian10.3%
Other3.1%
Education (25+)
22.2%
27.5%
44.1%
No HS diploma6.2%
HS diploma22.2%
Some college27.5%
Bachelor's+44.1%
Housing tenure
71.8%
28.2%
Owner71.8%
Renter28.2%

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

2021 vs 2026

How ZIP 07724 in Eatontown, NJ has changed in 5 years

Income
$90,827 → $102,756
up 13.1%
Population
23,332 → 24,016
up 2.9%
Renter share
30.8% → 28.2%
-2.6 pts
Bachelor's+
44.9% → 44.1%
-0.8 pts
Median age
42.6 → 47.6
+5.0 yrs

Census figures show median household income at $102,756 today, compared with $90,827 five years earlier. Headcount in the area went from 23,332 to 24,016 between 2021 and 2024, a 2.9% change. About 28.2% of households rent today, against 30.8% in 2021.

Community

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Local insights

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About renting in ZIP 07724

Last updated: July 20, 2026

ZIP code 07724 covers Eatontown, NJ. The median rent here is $2,375/mo as of July 2026. A 1-bedroom rents for a median of $1,730/mo. A 2-bedroom rents for a median of $2,130/mo.

At 28% of local median household income ($102,756/yr), ZIP 07724 ranks as affordable 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 07724?

As of July 20, 2026, the median monthly rent in ZIP 07724 (Eatontown, NJ) is $2,375. This is based on aggregated data from public sources and community submissions.

How does ZIP 07724 rent compare to the US average?

ZIP 07724's median rent of $2,375/mo is $410 (21%) above the US national median of $1,965/mo.

How does ZIP 07724 compare to other ZIPs in New Jersey?

ZIP 07724 falls in the middle range for New Jersey, ranking #141 out of 212 ZIPs at $2,375/mo.

How much income do you need to rent in ZIP 07724?

To keep rent at or below 30% of gross income, you would need to earn at least $95,000/year (~$46/hour full-time) to afford the median rent of $2,375/mo in ZIP 07724. The local median household income is $102,756/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 07724?

Rent in ZIP 07724 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 07724 an affordable place to rent?

ZIP 07724 is considered affordable for renters. At $2,375/mo, rent takes approximately 28% of the local median household income ($102,756/yr). The standard benchmark is 30%. ZIP 07724 falls comfortably within that range.

What percentage of ZIP 07724 residents rent vs. own?

According to Census data, approximately 28.2% of ZIP 07724 households are renters, while 71.8% are owner-occupied. ZIP 07724 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 07724 compare to the rest of Eatontown?

ZIP 07724 is pricier than Eatontown as a whole. At $2,375/mo, it's $158 above the Eatontown citywide median of $2,217/mo.

When was rent data for ZIP 07724 last updated?

Rent data for ZIP 07724 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
28%
AFFORDABLE

At $2,375/mo, rent takes ~28% of ZIP 07724's median household income ($102,756/yr). The standard benchmark is 30%.

ZIP 07724 28%Benchmark 30%
State income tax1.4–10.75%
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Schools nearby

Public schools near ZIP 07724 (Eatontown, NJ)

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