ZIP Code · NJ

ZIP 08048

Part of Lumberton Township, NJ

Pop. 12,882·Burlington County·156th most expensive ZIP in New Jersey

Median rent (all units)

$2,165/mo

Year-over-Year

Stable

Month-over-Month

+1.3%

vs US Median

+$233

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 08048 · $2,165

More expensive than 69% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,670

1 BR

$1,810

2 BR

$2,160

3 BR

$2,590

4 BR+

$2,890

Research median

$2,160/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

What a typical income covers

30% of the median household income ($113,440) is $2,836 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,590); a 4-bedroom is $2,890.

Cheaper nearby

ZIP 08010, 9 miles away, rents for 13% less ($1,883/mo), about $3,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 08048. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$25,980/yr

At $2,165/mo median

Location

CityLumberton Township

StateNJ

CountyBurlington 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, +1.3% MoM), not inventory.

Demographics

Who lives here

ZIP 08048 (Lumberton Township, NJ) is majority owner-occupied, has a median income above the national average, 44.8% of residents hold a bachelor's degree or higher.

Population

12,882

Median income

$113,440

Median age

Renters

26.8%

Age distribution

19.2%

23.1%

27.7%

14%

16.1%

Under 1819.2%

18–3423.1%

35–5427.7%

55–6414%

65+16.1%

Gender

49.3%

50.7%

Male49.3%

Female50.7%

Race & ethnicity

68.9%

16.4%

White68.9%

Black16.4%

Hispanic5.5%

Asian4.5%

Other4.7%

Education (25+)

22%

28.2%

44.8%

No HS diploma4.9%

HS diploma22%

Some college28.2%

Bachelor's+44.8%

Housing tenure

73.2%

26.8%

Owner73.2%

Renter26.8%

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

2021 vs 2026

How ZIP 08048 in Lumberton Township, NJ has changed in 5 years

Income

$108,924 → $113,440

up 4.1%

Population

12,752 → 12,882

up 1.0%

Renter share

24.7% → 26.8%

+2.1 pts

Bachelor's+

41.1% → 44.8%

+3.7 pts

Median age

42.9 → 41

-1.9 yrs

On the earnings side, the typical household in ZIP 08048 in Lumberton Township, NJ now reports about $113,440, up from $108,924 in 2021. Headcount in the area went from 12,752 to 12,882 between 2021 and 2024, a 1.0% change. About 26.8% of households rent today, against 24.7% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 41.1% to 44.8%.

Community

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Local insights

Tips for renters in ZIP 08048

About renting in ZIP 08048

Last updated: October 17, 2026

ZIP code 08048 covers Lumberton Township, NJ. The median rent here is $2,165/mo as of October 2026. A 1-bedroom rents for a median of $1,810/mo. A 2-bedroom rents for a median of $2,160/mo.

At 23% of local median household income ($113,440/yr), ZIP 08048 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 income do you need to rent in ZIP 08048?

To keep rent at or below 30% of gross income, you would need to earn at least $87,000/year (about $42/hour full-time) to afford the median rent of $2,165/mo in ZIP 08048. The local median household income is $113,440/yr, so the typical household meets that bar.