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ZIP Code · NJ

ZIP 08048

Pop. 12,882·Burlington County·185th most expensive ZIP in New Jersey
Median rent (all units)
$1,974/mo
Year-over-Year
Stable
Month-over-Month
+8.2%
vs US Median
+$9
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 08048 · $1,974
More expensive than 59% 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
$1,810
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: July 20, 2026

Annual cost
$23,688/yr
At $1,974/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, +8.2% 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
41
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: July 20, 2026

ZIP code 08048 covers Lumberton Township, NJ. The median rent here is $1,974/mo as of July 2026. A 1-bedroom rents for a median of $1,810/mo. A 2-bedroom rents for a median of $2,160/mo.

At 21% 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 is rent in ZIP code 08048?

As of July 20, 2026, the median monthly rent in ZIP 08048 (Lumberton Township, NJ) is $1,974. This is based on aggregated data from public sources and community submissions.

How does ZIP 08048 rent compare to the US average?

ZIP 08048's median rent of $1,974/mo is $9 (0%) above the US national median of $1,965/mo.

How does ZIP 08048 compare to other ZIPs in New Jersey?

ZIP 08048 is among the more affordable ZIP codes in New Jersey, ranking #185 out of 212 ZIPs at $1,974/mo.

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 $79,000/year (~$38/hour full-time) to afford the median rent of $1,974/mo in ZIP 08048. The local median household income is $113,440/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 08048?

Rent in ZIP 08048 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 08048 an affordable place to rent?

ZIP 08048 is considered very affordable for renters. At $1,974/mo, rent takes approximately 21% of the local median household income ($113,440/yr). The standard benchmark is 30%. ZIP 08048 falls comfortably within that range.

What percentage of ZIP 08048 residents rent vs. own?

According to Census data, approximately 26.8% of ZIP 08048 households are renters, while 73.2% are owner-occupied. ZIP 08048 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 08048 compare to the rest of Lumberton Township?

ZIP 08048 sits right at the Lumberton Township citywide median of $1,974/mo.

When was rent data for ZIP 08048 last updated?

Rent data for ZIP 08048 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
21%
VERY AFFORDABLE

At $1,974/mo, rent takes ~21% of ZIP 08048's median household income ($113,440/yr). The standard benchmark is 30%.

ZIP 08048 21%Benchmark 30%
State income tax1.4–10.75%
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Schools nearby

Public schools near ZIP 08048 (Lumberton Township, NJ)

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