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ZIP Code · NJ

ZIP 07762

Pop. 8,262·Monmouth County·4th most expensive ZIP in New Jersey
Median rent (all units)
$5,642/mo
Year-over-Year
-14.5%
Month-over-Month
+6.3%
vs US Median
+$3,677
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 07762 · $5,642
More expensive than 99% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,670
1 BR
$1,880
2 BR
$2,320
3 BR
$3,030
4 BR+
$3,360
Research median
$2,320/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
$67,704/yr
At $5,642/mo median
Location
StateNJ
CountyMonmouth County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 14.5% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-14.5% YoY, +6.3% MoM), not inventory.
Demographics

Who lives here

ZIP 07762 (Spring Lake, NJ) is majority owner-occupied, has a large retiree population, has a median income above the national average, 67.9% of residents hold a bachelor's degree or higher.

Population
8,262
Median income
$116,295
Median age
55.9
Renters
32.6%
Age distribution
12.3%
17.6%
18.4%
20.6%
31.1%
Under 1812.3%
18–3417.6%
35–5418.4%
55–6420.6%
65+31.1%
Gender
45.3%
54.7%
Male45.3%
Female54.7%
Race & ethnicity
92.3%
White92.3%
Hispanic5.1%
Asian0.9%
Other1.6%
Education (25+)
17.1%
67.9%
No HS diploma3.3%
HS diploma11.7%
Some college17.1%
Bachelor's+67.9%
Housing tenure
67.4%
32.6%
Owner67.4%
Renter32.6%

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

2021 vs 2026

How ZIP 07762 in Spring Lake, NJ has changed in 5 years

Income
$95,609 → $116,295
up 21.6%
Population
8,442 → 8,262
down 2.1%
Renter share
33.9% → 32.6%
-1.3 pts
Bachelor's+
61.8% → 67.9%
+6.1 pts
Median age
52.7 → 55.9
+3.2 yrs

Median household income rose from $95,609 to $116,295 between 2021 and 2024, a 21.6% shift. The population has contracted by 2.1% since 2021, moving from about 8,442 residents to roughly 8,262. College-educated residents now make up 67.9% of adults here, versus 61.8% in 2021.

Community

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Local insights

Tips for renters in ZIP 07762

About renting in ZIP 07762

Last updated: July 20, 2026

ZIP code 07762 covers Spring Lake, NJ. The median rent here is $5,642/mo as of July 2026. A 1-bedroom rents for a median of $1,880/mo. A 2-bedroom rents for a median of $2,320/mo.

At 58% of local median household income ($116,295/yr), ZIP 07762 ranks as expensive compared to the national benchmark of 30%. Rents have decreased 14.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 07762?

As of July 20, 2026, the median monthly rent in ZIP 07762 (Spring Lake, NJ) is $5,642. This is based on aggregated data from public sources and community submissions.

How does ZIP 07762 rent compare to the US average?

ZIP 07762's median rent of $5,642/mo is $3,677 (187%) above the US national median of $1,965/mo.

How does ZIP 07762 compare to other ZIPs in New Jersey?

ZIP 07762 is one of the pricier ZIP codes in New Jersey, ranking #4 out of 212 ZIPs tracked at $5,642/mo.

How much income do you need to rent in ZIP 07762?

To keep rent at or below 30% of gross income, you would need to earn at least $226,000/year (~$109/hour full-time) to afford the median rent of $5,642/mo in ZIP 07762. The local median household income is $116,295/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 07762?

Rent in ZIP 07762 has decreased 14.5% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 07762 an affordable place to rent?

ZIP 07762 is considered expensive for renters. At $5,642/mo, rent takes approximately 58% of the local median household income ($116,295/yr). The standard benchmark is 30%. ZIP 07762 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 07762 residents rent vs. own?

According to Census data, approximately 32.6% of ZIP 07762 households are renters, while 67.4% are owner-occupied. ZIP 07762 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 07762 compare to the rest of Spring Lake?

ZIP 07762 sits right at the Spring Lake citywide median of $5,642/mo.

When was rent data for ZIP 07762 last updated?

Rent data for ZIP 07762 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
58%
EXPENSIVE

At $5,642/mo, rent takes ~58% of ZIP 07762's median household income ($116,295/yr). The standard benchmark is 30%.

ZIP 07762 58%Benchmark 30%
State income tax1.4–10.75%
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Schools nearby

Public schools near ZIP 07762 (Spring Lake, NJ)

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