ZIP Code · NJ

ZIP 08079

Part of Salem, NJ
Pop. 10,762·Salem County·200th most expensive ZIP in New Jersey
Median rent (all units)
$1,650/mo
Year-over-Year
Stable
Month-over-Month
-7.0%
vs US Median
-$282
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 08079 · $1,650
More affordable than 62% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,130
1 BR
$1,230
2 BR
$1,460
3 BR
$1,750
4 BR+
$1,950
Research median
$1,460/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: September 25, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($54,641) is $1,366 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,230); a 2-bedroom is $1,460.

From Zillow's monthly rent index (ZORI) for ZIP 08079. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$19,800/yr
At $1,650/mo median
Location
CitySalem
StateNJ
CountySalem County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -7.0% MoM), not inventory.
Demographics

Who lives here

ZIP 08079 (Salem, NJ) is majority owner-occupied, has a median income below the national average, 20.6% of residents hold a bachelor's degree or higher.

Population
10,762
Median income
$54,641
Median age
42
Renters
42.5%
Age distribution
21.8%
19.6%
23%
15.6%
20%
Under 1821.8%
18–3419.6%
35–5423%
55–6415.6%
65+20%
Gender
45.8%
54.2%
Male45.8%
Female54.2%
Race & ethnicity
59.5%
32.1%
White59.5%
Black32.1%
Hispanic6%
Asian1.2%
Other1.2%
Education (25+)
12.1%
41%
26.2%
20.6%
No HS diploma12.1%
HS diploma41%
Some college26.2%
Bachelor's+20.6%
Housing tenure
57.5%
42.5%
Owner57.5%
Renter42.5%

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

2021 vs 2026

How ZIP 08079 in Salem, NJ has changed in 5 years

Income
$44,763 → $54,641
up 22.1%
Population
10,200 → 10,762
up 5.5%
Renter share
42.4% → 42.5%
+0.1 pts
Bachelor's+
16.8% → 20.6%
+3.8 pts
Median age
40.8 → 42
+1.2 yrs

Median household income grew from $44,763 to $54,641 between 2021 and 2024, a 22.1% shift. Headcount in the area went from 10,200 to 10,762 between 2021 and 2024, a 5.5% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 16.8% to 20.6%.

Community

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Local insights

Tips for renters in ZIP 08079

About renting in ZIP 08079

Last updated: September 25, 2026

ZIP code 08079 covers Salem, NJ. The median rent here is $1,650/mo as of September 2026. A 1-bedroom rents for a median of $1,230/mo. A 2-bedroom rents for a median of $1,460/mo.

At 36% of local median household income ($54,641/yr), ZIP 08079 ranks as moderate 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 08079?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (about $32/hour full-time) to afford the median rent of $1,650/mo in ZIP 08079. The local median household income is $54,641/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 08079?

Rent in ZIP 08079 has been roughly flat over the past year, a 0.0% change.

How does ZIP 08079 compare to other ZIPs in New Jersey?

ZIP 08079 is one of the more affordable among New Jersey ZIP codes for rent, ranking #200 of 203 at $1,650/mo.

How does ZIP 08079 compare to the rest of Salem?

ZIP 08079 sits right at the Salem citywide median of $1,650/mo.
Income Affordability
36%
MODERATE

At $1,650/mo, rent takes ~36% of ZIP 08079's median household income ($54,641/yr). The standard benchmark is 30%.

ZIP 08079 36%Benchmark 30%
State income tax1.4–10.75%
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Schools nearby

Public schools near ZIP 08079 (Salem, NJ)

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