ZIP Code · NJ

ZIP 08723

Part of Brick, NJ

Pop. 32,141·Ocean County·57th most expensive ZIP in New Jersey

Median rent (all units)

$2,853/mo

Year-over-Year

Stable

Month-over-Month

-1.0%

vs US Median

+$921

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 08723 · $2,853

More expensive than 88% 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

$1,610

1 BR

$1,820

2 BR

$2,240

3 BR

$2,930

4 BR+

$3,240

Research median

$2,240/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 ($108,643) is $2,716 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,240); a 3-bedroom is $2,930.

Cheaper nearby

ZIP 08724, 3 miles away, rents for 11% less ($2,542/mo), about $3,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 08723. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$34,236/yr

At $2,853/mo median

Location

CityBrick

StateNJ

CountyOcean County

Rent Market Meter

Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are softening (down 0.0% YoY), so renters have negotiating leverage.

Based on rent-price momentum (+0.0% YoY, -1.0% MoM), not inventory.

Demographics

Who lives here

ZIP 08723 (Brick, NJ) is majority owner-occupied, has a median income above the national average, 33.3% of residents hold a bachelor's degree or higher.

Population

32,141

Median income

$108,643

Median age

44.7

Renters

18.6%

Age distribution

17.4%

20.5%

25.3%

18.1%

18.7%

Under 1817.4%

18–3420.5%

35–5425.3%

55–6418.1%

65+18.7%

Gender

47.7%

52.3%

Male47.7%

Female52.3%

Race & ethnicity

82.2%

14.3%

White82.2%

Black1.5%

Hispanic14.3%

Asian1.7%

Education (25+)

34.8%

27.2%

33.3%

No HS diploma4.7%

HS diploma34.8%

Some college27.2%

Bachelor's+33.3%

Housing tenure

81.4%

18.6%

Owner81.4%

Renter18.6%

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

2021 vs 2026

How ZIP 08723 in Brick, NJ has changed in 5 years

Income

$92,434 → $108,643

up 17.5%

Population

32,686 → 32,141

down 1.7%

Renter share

22.7% → 18.6%

-4.1 pts

Bachelor's+

27% → 33.3%

+6.3 pts

Median age

43.4 → 44.7

+1.3 yrs

Median household income climbed from $92,434 to $108,643 between 2021 and 2024, a 17.5% shift. Census counts show ZIP 08723 in Brick, NJ losing about 545 residents over the five-year window, down 1.7% on net. The renter share has eased from 22.7% to 18.6%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 27% to 33.3% across the same window.

Community

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Local insights

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About renting in ZIP 08723

Last updated: October 17, 2026

ZIP code 08723 covers Brick, NJ. The median rent here is $2,853/mo as of October 2026. A 1-bedroom rents for a median of $1,820/mo. A 2-bedroom rents for a median of $2,240/mo.

At 32% of local median household income ($108,643/yr), ZIP 08723 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 08723?

To keep rent at or below 30% of gross income, you would need to earn at least $114,000/year (about $55/hour full-time) to afford the median rent of $2,853/mo in ZIP 08723. The local median household income is $108,643/yr, so the typical household falls short of that bar.