ZIP Code · NJ

ZIP 07740

Pop. 32,917·Monmouth County·79th most expensive ZIP in New Jersey
Median rent (all units)
$2,678/mo
Year-over-Year
+4.9%
Month-over-Month
-1.2%
vs US Median
+$746
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 07740 · $2,678
More expensive than 84% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,700
1 BR
$1,910
2 BR
$2,360
3 BR
$3,090
4 BR+
$3,420
Research median
$2,360/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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 07740 is 1.2% below its high of $2,711 in August 2026, at $2,678 as of September 2026.

Past year vs. the rest of New Jersey

Rent in ZIP 07740 changed +4.9% 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 8 of the last 12 months.

What a typical income covers

30% of the median household income ($79,870) is $1,997 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,910); a 2-bedroom is $2,360.

Cheaper nearby

ZIP 07756, 6 miles away, rents for 18% less ($2,187/mo), about $5,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 07740. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$32,136/yr
At $2,678/mo median
Location
StateNJ
CountyMonmouth County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.9% YoY, -1.2% MoM), not inventory.
Demographics

Who lives here

ZIP 07740 (Long Branch, NJ) is majority renter-occupied, 36.1% of residents hold a bachelor's degree or higher.

Population
32,917
Median income
$79,870
Median age
36.7
Renters
57.4%
Age distribution
20.1%
27.6%
23.2%
18.9%
Under 1820.1%
18–3427.6%
35–5423.2%
55–6410.2%
65+18.9%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
56.4%
24.9%
White56.4%
Black11.3%
Hispanic24.9%
Asian2.9%
Other4.4%
Education (25+)
14.5%
28.1%
21.3%
36.1%
No HS diploma14.5%
HS diploma28.1%
Some college21.3%
Bachelor's+36.1%
Housing tenure
42.6%
57.4%
Owner42.6%
Renter57.4%

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

2022 vs 2026

How ZIP 07740 in Long Branch, NJ has changed in 5 years

Rent
$2,249 → $2,678
up 19.1%
Income
$65,647 → $79,870
up 21.7%
Population
31,863 → 32,917
up 3.3%
Renter share
58.1% → 57.4%
-0.7 pts
Bachelor's+
32.7% → 36.1%
+3.4 pts
Median age
37.5 → 36.7
-0.8 yrs

Five years ago, renters in ZIP 07740 in Long Branch, NJ paid around $2,249 a month. That figure now sits near $2,678, up 19.1% from the 2022 baseline. On the earnings side, the typical household in ZIP 07740 in Long Branch, NJ now reports about $79,870, up from $65,647 in 2021. Census counts show ZIP 07740 in Long Branch, NJ adding about 1,054 residents over the five-year window, up 3.3% on net. Bachelor's-degree-or-higher attainment moved from 32.7% to 36.1% across the same window. For context, the 2022 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 07740 in Long Branch, NJ reflects that arc in its own way.

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Local insights

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About renting in ZIP 07740

Last updated: October 17, 2026

ZIP code 07740 covers Long Branch, NJ. The median rent here is $2,678/mo as of October 2026. A 1-bedroom rents for a median of $1,910/mo. A 2-bedroom rents for a median of $2,360/mo.

At 40% of local median household income ($79,870/yr), ZIP 07740 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 07740?

To keep rent at or below 30% of gross income, you would need to earn at least $107,000/year (about $51/hour full-time) to afford the median rent of $2,678/mo in ZIP 07740. The local median household income is $79,870/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 07740?

Rent in ZIP 07740 has risen 4.9% over the past year as of September 2026. It sits 1.2% below its high of $2,711 in August 2026.

How does ZIP 07740 compare to other ZIPs in New Jersey?

ZIP 07740 is in the middle among New Jersey ZIP codes for rent, ranking #79 of 209 at $2,678/mo. Over the year to September 2026, rent in ZIP 07740 changed +4.9%, against a typical +2.8% across the 149 New Jersey ZIP codes Zillow tracks.

How does ZIP 07740 compare to the rest of Long Branch?

ZIP 07740 sits right at the Long Branch citywide median of $2,678/mo.
Income Affordability
40%
MODERATE

At $2,678/mo, rent takes ~40% of ZIP 07740's median household income ($79,870/yr). The standard benchmark is 30%.

ZIP 07740 40%Benchmark 30%
State income tax1.4–10.75%
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Schools nearby

Public schools near ZIP 07740 (Long Branch, NJ)

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