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ZIP Code · NJ

ZIP 07751

Pop. 21,109·Monmouth County·24th most expensive ZIP in New Jersey
Median rent (all units)
$3,330/mo
Year-over-Year
Stable
Month-over-Month
+1.4%
vs US Median
+$1,365
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 07751 · $3,330
More expensive than 94% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,430
1 BR
$2,740
2 BR
$3,380
3 BR
$4,420
4 BR+
$4,890
Research median
$3,380/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
$39,960/yr
At $3,330/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, +1.4% MoM), not inventory.
Demographics

Who lives here

ZIP 07751 (Morganville, NJ) is majority owner-occupied, has a median income above the national average, 65.3% of residents hold a bachelor's degree or higher.

Population
21,109
Median income
$181,205
Median age
42
Renters
9.6%
Age distribution
23.5%
18.5%
28.6%
15%
14.4%
Under 1823.5%
18–3418.5%
35–5428.6%
55–6415%
65+14.4%
Gender
49.2%
50.8%
Male49.2%
Female50.8%
Race & ethnicity
60.4%
28.1%
White60.4%
Black1.1%
Hispanic6.3%
Asian28.1%
Other4.1%
Education (25+)
12.7%
18%
65.3%
No HS diploma3.9%
HS diploma12.7%
Some college18%
Bachelor's+65.3%
Housing tenure
90.4%
Owner90.4%
Renter9.6%

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

2021 vs 2026

How ZIP 07751 in Morganville, NJ has changed in 5 years

Income
$154,453 → $181,205
up 17.3%
Population
20,782 → 21,109
up 1.6%
Renter share
8.3% → 9.6%
+1.3 pts
Bachelor's+
62.9% → 65.3%
+2.4 pts
Median age
40.8 → 42
+1.2 yrs

Household income in the area moved from $154,453 to $181,205 across the same window, up 17.3% versus 2021. Headcount in the area went from 20,782 to 21,109 between 2021 and 2024, a 1.6% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 62.9% to 65.3%.

Community

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Local insights

Tips for renters in ZIP 07751

About renting in ZIP 07751

Last updated: July 20, 2026

ZIP code 07751 covers Morganville, NJ. The median rent here is $3,330/mo as of July 2026. A 1-bedroom rents for a median of $2,740/mo. A 2-bedroom rents for a median of $3,380/mo.

At 22% of local median household income ($181,205/yr), ZIP 07751 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 07751?

As of July 20, 2026, the median monthly rent in ZIP 07751 (Morganville, NJ) is $3,330. This is based on aggregated data from public sources and community submissions.

How does ZIP 07751 rent compare to the US average?

ZIP 07751's median rent of $3,330/mo is $1,365 (69%) above the US national median of $1,965/mo.

How does ZIP 07751 compare to other ZIPs in New Jersey?

ZIP 07751 is one of the pricier ZIP codes in New Jersey, ranking #24 out of 212 ZIPs tracked at $3,330/mo.

How much income do you need to rent in ZIP 07751?

To keep rent at or below 30% of gross income, you would need to earn at least $133,000/year (~$64/hour full-time) to afford the median rent of $3,330/mo in ZIP 07751. The local median household income is $181,205/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 07751?

Rent in ZIP 07751 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 07751 an affordable place to rent?

ZIP 07751 is considered very affordable for renters. At $3,330/mo, rent takes approximately 22% of the local median household income ($181,205/yr). The standard benchmark is 30%. ZIP 07751 falls comfortably within that range.

What percentage of ZIP 07751 residents rent vs. own?

According to Census data, approximately 9.6% of ZIP 07751 households are renters, while 90.4% are owner-occupied. ZIP 07751 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 07751 compare to the rest of Morganville?

ZIP 07751 is more affordable than Morganville overall. At $3,330/mo, it's $6 below the Morganville citywide median of $3,336/mo.

When was rent data for ZIP 07751 last updated?

Rent data for ZIP 07751 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $3,330/mo, rent takes ~22% of ZIP 07751's median household income ($181,205/yr). The standard benchmark is 30%.

ZIP 07751 22%Benchmark 30%
State income tax1.4–10.75%
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Schools nearby

Public schools near ZIP 07751 (Morganville, NJ)

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