RentDataNowRentDataNow
ZIP Code · NJ

ZIP 07731

Part of Howell, NJ
Pop. 40,322·Monmouth County·28th most expensive ZIP in New Jersey
Median rent (all units)
$3,274/mo
Year-over-Year
+4.3%
Month-over-Month
+14.3%
vs US Median
+$1,309
Rising (Monthly)
Be the first to discuss 07731 rents ↓
Most AffordableMost Expensive
ZIP 07731 · $3,274
More expensive than 93% 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
$2,170
1 BR
$2,440
2 BR
$3,010
3 BR
$3,930
4 BR+
$4,360
Research median
$3,010/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
$39,288/yr
At $3,274/mo median
Location
CityHowell
StateNJ
CountyMonmouth County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 4.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+4.3% YoY, +14.3% MoM), not inventory.
Demographics

Who lives here

ZIP 07731 (Howell, NJ) is majority owner-occupied, has a median income above the national average, 44% of residents hold a bachelor's degree or higher.

Population
40,322
Median income
$134,056
Median age
38.4
Renters
11.7%
Age distribution
24.5%
20.6%
27.4%
13.1%
14.4%
Under 1824.5%
18–3420.6%
35–5427.4%
55–6413.1%
65+14.4%
Gender
51.5%
48.5%
Male51.5%
Female48.5%
Race & ethnicity
73.3%
17.6%
White73.3%
Black4.5%
Hispanic17.6%
Asian3.2%
Other1.4%
Education (25+)
26.8%
23.3%
44%
No HS diploma5.9%
HS diploma26.8%
Some college23.3%
Bachelor's+44%
Housing tenure
88.3%
Owner88.3%
Renter11.7%

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

2021 vs 2026

How ZIP 07731 in Howell, NJ has changed in 5 years

Income
$122,239 → $134,056
up 9.7%
Population
39,457 → 40,322
up 2.2%
Renter share
9.9% → 11.7%
+1.8 pts
Bachelor's+
41.1% → 44%
+2.9 pts

Median household income grew from $122,239 to $134,056 between 2021 and 2024, a 9.7% shift. Headcount in the area went from 39,457 to 40,322 between 2021 and 2024, a 2.2% change. About 11.7% of households rent today, against 9.9% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 41.1% to 44%.

Community

Discussions about ZIP 07731

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 07731

About renting in ZIP 07731

Last updated: July 20, 2026

ZIP code 07731 covers Howell, NJ. The median rent here is $3,274/mo as of July 2026. A 1-bedroom rents for a median of $2,440/mo. A 2-bedroom rents for a median of $3,010/mo.

At 29% of local median household income ($134,056/yr), ZIP 07731 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 07731?

As of July 20, 2026, the median monthly rent in ZIP 07731 (Howell, NJ) is $3,274. This is based on aggregated data from public sources and community submissions.

How does ZIP 07731 rent compare to the US average?

ZIP 07731's median rent of $3,274/mo is $1,309 (67%) above the US national median of $1,965/mo.

How does ZIP 07731 compare to other ZIPs in New Jersey?

ZIP 07731 is one of the pricier ZIP codes in New Jersey, ranking #28 out of 212 ZIPs tracked at $3,274/mo.

How much income do you need to rent in ZIP 07731?

To keep rent at or below 30% of gross income, you would need to earn at least $131,000/year (~$63/hour full-time) to afford the median rent of $3,274/mo in ZIP 07731. The local median household income is $134,056/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 07731?

Rent in ZIP 07731 has increased 4.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 07731 an affordable place to rent?

ZIP 07731 is considered affordable for renters. At $3,274/mo, rent takes approximately 29% of the local median household income ($134,056/yr). The standard benchmark is 30%. ZIP 07731 falls comfortably within that range.

What percentage of ZIP 07731 residents rent vs. own?

According to Census data, approximately 11.7% of ZIP 07731 households are renters, while 88.3% are owner-occupied. ZIP 07731 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 07731 compare to the rest of Howell?

ZIP 07731 is pricier than Howell as a whole. At $3,274/mo, it's $33 above the Howell citywide median of $3,241/mo.

When was rent data for ZIP 07731 last updated?

Rent data for ZIP 07731 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
29%
AFFORDABLE

At $3,274/mo, rent takes ~29% of ZIP 07731's median household income ($134,056/yr). The standard benchmark is 30%.

ZIP 07731 29%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 07731 (Howell, NJ)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.