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ZIP Code · NJ

ZIP 08016

Pop. 34,920·Burlington County·164th most expensive ZIP in New Jersey
Median rent (all units)
$2,124/mo
Year-over-Year
Stable
Month-over-Month
+6.5%
vs US Median
+$159
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 08016 · $2,124
More expensive than 66% of US ZIP codes · National median $1,965/mo
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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,320
1 BR
$1,440
2 BR
$1,710
3 BR
$2,050
4 BR+
$2,290
Research median
$1,710/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
$25,488/yr
At $2,124/mo median
Location
StateNJ
CountyBurlington County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +6.5% MoM), not inventory.
Demographics

Who lives here

ZIP 08016 (Burlington Township, NJ) is majority owner-occupied, has a median income above the national average, 35.2% of residents hold a bachelor's degree or higher.

Population
34,920
Median income
$98,463
Median age
42.1
Renters
26.9%
Age distribution
19%
22.5%
25.9%
16.9%
15.8%
Under 1819%
18–3422.5%
35–5425.9%
55–6416.9%
65+15.8%
Gender
48.6%
51.4%
Male48.6%
Female51.4%
Race & ethnicity
45%
35.5%
White45%
Black35.5%
Hispanic9%
Asian5.5%
Other5.1%
Education (25+)
25%
32.3%
35.2%
No HS diploma7.5%
HS diploma25%
Some college32.3%
Bachelor's+35.2%
Housing tenure
73.1%
26.9%
Owner73.1%
Renter26.9%

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

2021 vs 2026

How ZIP 08016 in Burlington Township, NJ has changed in 5 years

Income
$86,185 → $98,463
up 14.2%
Population
34,433 → 34,920
up 1.4%
Renter share
25.6% → 26.9%
+1.3 pts
Bachelor's+
31.4% → 35.2%
+3.8 pts
Median age
40.4 → 42.1
+1.7 yrs

Census figures show median household income at $98,463 today, compared with $86,185 five years earlier. Headcount in the area went from 34,433 to 34,920 between 2021 and 2024, a 1.4% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 31.4% to 35.2%.

Community

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Local insights

Tips for renters in ZIP 08016

About renting in ZIP 08016

Last updated: July 20, 2026

ZIP code 08016 covers Burlington Township, NJ. The median rent here is $2,124/mo as of July 2026. A 1-bedroom rents for a median of $1,440/mo. A 2-bedroom rents for a median of $1,710/mo.

At 26% of local median household income ($98,463/yr), ZIP 08016 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 08016?

As of July 20, 2026, the median monthly rent in ZIP 08016 (Burlington Township, NJ) is $2,124. This is based on aggregated data from public sources and community submissions.

How does ZIP 08016 rent compare to the US average?

ZIP 08016's median rent of $2,124/mo is $159 (8%) above the US national median of $1,965/mo.

How does ZIP 08016 compare to other ZIPs in New Jersey?

ZIP 08016 is among the more affordable ZIP codes in New Jersey, ranking #164 out of 212 ZIPs at $2,124/mo.

How much income do you need to rent in ZIP 08016?

To keep rent at or below 30% of gross income, you would need to earn at least $85,000/year (~$41/hour full-time) to afford the median rent of $2,124/mo in ZIP 08016. The local median household income is $98,463/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 08016?

Rent in ZIP 08016 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 08016 an affordable place to rent?

ZIP 08016 is considered affordable for renters. At $2,124/mo, rent takes approximately 26% of the local median household income ($98,463/yr). The standard benchmark is 30%. ZIP 08016 falls comfortably within that range.

What percentage of ZIP 08016 residents rent vs. own?

According to Census data, approximately 26.9% of ZIP 08016 households are renters, while 73.1% are owner-occupied. ZIP 08016 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 08016 compare to the rest of Burlington Township?

ZIP 08016 sits right at the Burlington Township citywide median of $2,124/mo.

When was rent data for ZIP 08016 last updated?

Rent data for ZIP 08016 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $2,124/mo, rent takes ~26% of ZIP 08016's median household income ($98,463/yr). The standard benchmark is 30%.

ZIP 08016 26%Benchmark 30%
State income tax1.4–10.75%
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Schools nearby

Public schools near ZIP 08016 (Burlington Township, NJ)

Recent submissions

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