ZIP Code · NJ

ZIP 07869

Part of Randolph, NJ
Pop. 26,022·Morris County·151st most expensive ZIP in New Jersey
Median rent (all units)
$2,241/mo
Year-over-Year
+9.8%
Month-over-Month
-0.8%
vs US Median
+$309
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 07869 · $2,241
More expensive than 72% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,790
1 BR
$2,020
2 BR
$2,450
3 BR
$3,070
4 BR+
$3,490
Research median
$2,450/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

Past year vs. the rest of New Jersey

Rent in ZIP 07869 changed +9.9% 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 7 of the last 12 months.

What a typical income covers

30% of the median household income ($169,497) is $4,237 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,490).

From Zillow's monthly rent index (ZORI) for ZIP 07869. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$26,892/yr
At $2,241/mo median
Location
StateNJ
CountyMorris County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 9.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+9.8% YoY, -0.8% MoM), not inventory.
Demographics

Who lives here

ZIP 07869 (Randolph, NJ) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 68.2% of residents hold a bachelor's degree or higher.

Population
26,022
Median income
$169,497
Median age
39.3
Renters
22.5%
Age distribution
26.8%
16.3%
28.6%
14.6%
13.7%
Under 1826.8%
18–3416.3%
35–5428.6%
55–6414.6%
65+13.7%
Gender
50.7%
49.3%
Male50.7%
Female49.3%
Race & ethnicity
66.9%
18.1%
White66.9%
Black3.1%
Hispanic18.1%
Asian9.2%
Other2.6%
Education (25+)
12.2%
14.6%
68.2%
No HS diploma5.1%
HS diploma12.2%
Some college14.6%
Bachelor's+68.2%
Housing tenure
77.5%
22.5%
Owner77.5%
Renter22.5%

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

2021 vs 2026

How ZIP 07869 in Randolph, NJ has changed in 5 years

Income
$151,346 → $169,497
up 12.0%
Population
26,170 → 26,022
down 0.6%
Renter share
23.7% → 22.5%
-1.2 pts
Bachelor's+
68.2% → 68.2%
+0.0 pts
Median age
40.2 → 39.3
-0.9 yrs

Household income in the area moved from $151,346 to $169,497 across the same window, up 12.0% versus 2021.

Community

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Local insights

Tips for renters in ZIP 07869

About renting in ZIP 07869

Last updated: October 17, 2026

ZIP code 07869 covers Randolph, NJ. The median rent here is $2,241/mo as of October 2026. A 1-bedroom rents for a median of $2,020/mo. A 2-bedroom rents for a median of $2,450/mo.

At 16% of local median household income ($169,497/yr), ZIP 07869 ranks as affordable compared to the national benchmark of 30%. Rents have increased 9.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 07869?

To keep rent at or below 30% of gross income, you would need to earn at least $90,000/year (about $43/hour full-time) to afford the median rent of $2,241/mo in ZIP 07869. The local median household income is $169,497/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 07869?

Rent in ZIP 07869 has risen 9.8% over the past year.

How does ZIP 07869 compare to other ZIPs in New Jersey?

ZIP 07869 is one of the more affordable among New Jersey ZIP codes for rent, ranking #151 of 209 at $2,241/mo. Over the year to September 2026, rent in ZIP 07869 changed +9.9%, against a typical +2.8% across the 149 New Jersey ZIP codes Zillow tracks.

How does ZIP 07869 compare to the rest of Randolph?

ZIP 07869 sits right at the Randolph citywide median of $2,241/mo.
Income Affordability
16%
VERY AFFORDABLE

At $2,241/mo, rent takes ~16% of ZIP 07869's median household income ($169,497/yr). The standard benchmark is 30%.

ZIP 07869 16%Benchmark 30%
State income tax1.4–10.75%
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Schools nearby

Public schools near ZIP 07869 (Randolph, NJ)

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