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ZIP Code · NJ

ZIP 07747

Part of Matawan, NJ
Pop. 32,330·Monmouth County·109th most expensive ZIP in New Jersey
Median rent (all units)
$2,571/mo
Year-over-Year
+1.7%
Month-over-Month
Stable
vs US Median
+$606
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 07747 · $2,571
More expensive than 81% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,870
1 BR
$2,090
2 BR
$2,590
3 BR
$3,290
4 BR+
$3,640
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
$30,852/yr
At $2,571/mo median
Location
StateNJ
CountyMonmouth County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+1.7% YoY, +0.0% MoM), not inventory.
Demographics

Who lives here

ZIP 07747 (Matawan, NJ) is majority owner-occupied, has a median income above the national average, 49.2% of residents hold a bachelor's degree or higher.

Population
32,330
Median income
$124,383
Median age
41.3
Renters
27.4%
Age distribution
20.4%
21.9%
23.6%
15.5%
18.6%
Under 1820.4%
18–3421.9%
35–5423.6%
55–6415.5%
65+18.6%
Gender
50.5%
49.5%
Male50.5%
Female49.5%
Race & ethnicity
68.6%
12.4%
White68.6%
Black7%
Hispanic12.4%
Asian8.1%
Other3.9%
Education (25+)
24.6%
21.3%
49.2%
No HS diploma4.8%
HS diploma24.6%
Some college21.3%
Bachelor's+49.2%
Housing tenure
72.6%
27.4%
Owner72.6%
Renter27.4%

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

2021 vs 2026

How ZIP 07747 in Matawan, NJ has changed in 5 years

Income
$115,272 → $124,383
up 7.9%
Population
32,462 → 32,330
down 0.4%
Renter share
22.1% → 27.4%
+5.3 pts
Bachelor's+
48.3% → 49.2%
+0.9 pts
Median age
42.6 → 41.3
-1.3 yrs

Census figures show median household income at $124,383 today, compared with $115,272 five years earlier. About 27.4% of households rent today, against 22.1% in 2021.

Community

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Local insights

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About renting in ZIP 07747

Last updated: July 20, 2026

ZIP code 07747 covers Matawan, NJ. The median rent here is $2,571/mo as of July 2026. A 1-bedroom rents for a median of $2,090/mo. A 2-bedroom rents for a median of $2,590/mo.

At 25% of local median household income ($124,383/yr), ZIP 07747 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 07747?

As of July 20, 2026, the median monthly rent in ZIP 07747 (Matawan, NJ) is $2,571. This is based on aggregated data from public sources and community submissions.

How does ZIP 07747 rent compare to the US average?

ZIP 07747's median rent of $2,571/mo is $606 (31%) above the US national median of $1,965/mo.

How does ZIP 07747 compare to other ZIPs in New Jersey?

ZIP 07747 falls in the middle range for New Jersey, ranking #109 out of 212 ZIPs at $2,571/mo.

How much income do you need to rent in ZIP 07747?

To keep rent at or below 30% of gross income, you would need to earn at least $103,000/year (~$50/hour full-time) to afford the median rent of $2,571/mo in ZIP 07747. The local median household income is $124,383/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 07747?

Rent in ZIP 07747 has increased 1.7% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 07747 an affordable place to rent?

ZIP 07747 is considered affordable for renters. At $2,571/mo, rent takes approximately 25% of the local median household income ($124,383/yr). The standard benchmark is 30%. ZIP 07747 falls comfortably within that range.

What percentage of ZIP 07747 residents rent vs. own?

According to Census data, approximately 27.4% of ZIP 07747 households are renters, while 72.6% are owner-occupied. ZIP 07747 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 07747 compare to the rest of Matawan?

ZIP 07747 sits right at the Matawan citywide median of $2,571/mo.

When was rent data for ZIP 07747 last updated?

Rent data for ZIP 07747 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
25%
AFFORDABLE

At $2,571/mo, rent takes ~25% of ZIP 07747's median household income ($124,383/yr). The standard benchmark is 30%.

ZIP 07747 25%Benchmark 30%
State income tax1.4–10.75%
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Schools nearby

Public schools near ZIP 07747 (Matawan, NJ)

Recent submissions

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