ZIP Code · NJ

ZIP 07921

Pop. 7,700·Somerset County·64th most expensive ZIP in New Jersey
Median rent (all units)
$2,817/mo
Year-over-Year
-1.3%
Month-over-Month
-3.0%
vs US Median
+$885
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 07921 · $2,817
More expensive than 87% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,180
1 BR
$2,390
2 BR
$3,000
3 BR
$3,600
4 BR+
$3,980
Research median
$3,000/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 07921 changed -1.3% 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 ($123,104) is $3,078 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($3,000); a 3-bedroom is $3,600.

Cheaper nearby

ZIP 08876, 5 miles away, rents for 17% less ($2,339/mo), about $5,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 07921. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$33,804/yr
At $2,817/mo median
Location
StateNJ
CountySomerset County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 1.3% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-1.3% YoY, -3.0% MoM), not inventory.
Demographics

Who lives here

ZIP 07921 (Bedminster, NJ) is majority owner-occupied, has a large retiree population, has a median income above the national average, 63.1% of residents hold a bachelor's degree or higher.

Population
7,700
Median income
$123,104
Median age
49.2
Renters
21%
Age distribution
13.7%
20.1%
23.6%
17.2%
25.4%
Under 1813.7%
18–3420.1%
35–5423.6%
55–6417.2%
65+25.4%
Gender
46.6%
53.4%
Male46.6%
Female53.4%
Race & ethnicity
72.4%
White72.4%
Black2.8%
Hispanic10.8%
Asian10.8%
Other3.4%
Education (25+)
12.9%
21%
63.1%
No HS diploma3%
HS diploma12.9%
Some college21%
Bachelor's+63.1%
Housing tenure
79%
21%
Owner79%
Renter21%

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

2021 vs 2026

How ZIP 07921 in Bedminster, NJ has changed in 5 years

Income
$118,382 → $123,104
up 4.0%
Population
7,596 → 7,700
up 1.4%
Renter share
20.4% → 21%
+0.6 pts
Bachelor's+
64.7% → 63.1%
-1.6 pts
Median age
48.1 → 49.2
+1.1 yrs

Household income in the area moved from $118,382 to $123,104 across the same window, up 4.0% versus 2021. Census counts show ZIP 07921 in Bedminster, NJ adding about 104 residents over the five-year window, up 1.4% on net.

Community

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Local insights

Tips for renters in ZIP 07921

About renting in ZIP 07921

Last updated: October 17, 2026

ZIP code 07921 covers Bedminster, NJ. The median rent here is $2,817/mo as of October 2026. A 1-bedroom rents for a median of $2,390/mo. A 2-bedroom rents for a median of $3,000/mo.

At 27% of local median household income ($123,104/yr), ZIP 07921 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 1.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 07921?

To keep rent at or below 30% of gross income, you would need to earn at least $113,000/year (about $54/hour full-time) to afford the median rent of $2,817/mo in ZIP 07921. The local median household income is $123,104/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 07921?

Rent in ZIP 07921 has fallen 1.3% over the past year.

How does ZIP 07921 compare to other ZIPs in New Jersey?

ZIP 07921 is one of the pricier among New Jersey ZIP codes for rent, ranking #64 of 209 at $2,817/mo. Over the year to September 2026, rent in ZIP 07921 changed -1.3%, against a typical +2.8% across the 149 New Jersey ZIP codes Zillow tracks.

How does ZIP 07921 compare to the rest of Bedminster?

ZIP 07921 sits right at the Bedminster citywide median of $2,817/mo.
Income Affordability
27%
AFFORDABLE

At $2,817/mo, rent takes ~27% of ZIP 07921's median household income ($123,104/yr). The standard benchmark is 30%.

ZIP 07921 27%Benchmark 30%
State income tax1.4–10.75%
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Schools nearby

Public schools near ZIP 07921 (Bedminster, NJ)

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