ZIP Code · NJ

ZIP 08505

Pop. 19,142·Burlington County·128th most expensive ZIP in New Jersey
Median rent (all units)
$2,379/mo
Year-over-Year
+3.6%
Month-over-Month
+1.7%
vs US Median
+$447
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 08505 · $2,379
More expensive than 76% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,510
1 BR
$1,650
2 BR
$1,960
3 BR
$2,350
4 BR+
$2,620
Research median
$1,960/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 08505 changed +3.6% 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 6 of the last 12 months.

What a typical income covers

30% of the median household income ($112,845) is $2,821 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,620).

Cheaper nearby

ZIP 08611, 6 miles away, rents for 18% less ($1,955/mo), about $5,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 08505. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$28,548/yr
At $2,379/mo median
Location
StateNJ
CountyBurlington County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 3.6% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+3.6% YoY, +1.7% MoM), not inventory.
Demographics

Who lives here

ZIP 08505 (Bordentown Township, NJ) is majority owner-occupied, has a median income above the national average, 41.4% of residents hold a bachelor's degree or higher.

Population
19,142
Median income
$112,845
Median age
40.5
Renters
30.9%
Age distribution
22.1%
20.9%
28.4%
12.9%
15.6%
Under 1822.1%
18–3420.9%
35–5428.4%
55–6412.9%
65+15.6%
Gender
47.7%
52.3%
Male47.7%
Female52.3%
Race & ethnicity
70.2%
12.2%
White70.2%
Black10.4%
Hispanic12.2%
Asian6.6%
Other0.5%
Education (25+)
27.9%
26%
41.4%
No HS diploma4.6%
HS diploma27.9%
Some college26%
Bachelor's+41.4%
Housing tenure
69.1%
30.9%
Owner69.1%
Renter30.9%

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

2021 vs 2026

How ZIP 08505 in Bordentown Township, NJ has changed in 5 years

Income
$98,479 → $112,845
up 14.6%
Population
17,549 → 19,142
up 9.1%
Renter share
28.4% → 30.9%
+2.5 pts
Bachelor's+
41.6% → 41.4%
-0.2 pts
Median age
41.6 → 40.5
-1.1 yrs

On the earnings side, the typical household in ZIP 08505 in Bordentown Township, NJ now reports about $112,845, up from $98,479 in 2021. The population has grown by 9.1% since 2021, moving from about 17,549 residents to roughly 19,142. Renters now make up 30.9% of households, compared with 28.4% five years ago.

Community

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Local insights

Tips for renters in ZIP 08505

About renting in ZIP 08505

Last updated: October 17, 2026

ZIP code 08505 covers Bordentown Township, NJ. The median rent here is $2,379/mo as of October 2026. A 1-bedroom rents for a median of $1,650/mo. A 2-bedroom rents for a median of $1,960/mo.

At 25% of local median household income ($112,845/yr), ZIP 08505 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 08505?

To keep rent at or below 30% of gross income, you would need to earn at least $95,000/year (about $46/hour full-time) to afford the median rent of $2,379/mo in ZIP 08505. The local median household income is $112,845/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 08505?

Rent in ZIP 08505 has risen 3.6% over the past year.

How does ZIP 08505 compare to other ZIPs in New Jersey?

ZIP 08505 is in the middle among New Jersey ZIP codes for rent, ranking #128 of 209 at $2,379/mo. Over the year to September 2026, rent in ZIP 08505 changed +3.6%, against a typical +2.8% across the 149 New Jersey ZIP codes Zillow tracks.

How does ZIP 08505 compare to the rest of Bordentown Township?

At $2,379/mo, ZIP 08505 is $4 above the Bordentown Township citywide median of $2,375/mo.
Income Affordability
25%
AFFORDABLE

At $2,379/mo, rent takes ~25% of ZIP 08505's median household income ($112,845/yr). The standard benchmark is 30%.

ZIP 08505 25%Benchmark 30%
State income tax1.4–10.75%
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Schools nearby

Public schools near ZIP 08505 (Bordentown Township, NJ)

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