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ZIP Code · NJ

ZIP 08723

Part of Brick, NJ
Pop. 32,141·Ocean County·88th most expensive ZIP in New Jersey
Median rent (all units)
$2,700/mo
Year-over-Year
Stable
Month-over-Month
+1.2%
vs US Median
+$735
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 08723 · $2,700
More expensive than 85% of US ZIP codes · National median $1,965/mo
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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: June 22, 2026

Annual cost
$32,400/yr
At $2,700/mo median
Location
CityBrick
StateNJ
CountyOcean 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, +1.2% 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.

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Local insights

Tips for renters in ZIP 08723

About renting in ZIP 08723

Last updated: June 22, 2026

ZIP code 08723 covers Brick, NJ. The median rent here is $2,700/mo as of June 2026. A 1-bedroom rents for a median of $1,820/mo. A 2-bedroom rents for a median of $2,240/mo.

At 30% 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 is rent in ZIP code 08723?

As of June 22, 2026, the median monthly rent in ZIP 08723 (Brick, NJ) is $2,700. This is based on aggregated data from public sources and community submissions.

How does ZIP 08723 rent compare to the US average?

ZIP 08723's median rent of $2,700/mo is $735 (37%) above the US national median of $1,965/mo.

How does ZIP 08723 compare to other ZIPs in New Jersey?

ZIP 08723 falls in the middle range for New Jersey, ranking #88 out of 213 ZIPs at $2,700/mo.

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 $108,000/year (~$52/hour full-time) to afford the median rent of $2,700/mo in ZIP 08723. The local median household income is $108,643/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 08723?

Rent in ZIP 08723 has been relatively stable over the past year, with a 0.0% change year over year as of June 22, 2026.

Is ZIP 08723 an affordable place to rent?

ZIP 08723 is considered moderate for renters. At $2,700/mo, rent takes approximately 30% of the local median household income ($108,643/yr). The standard benchmark is 30%. ZIP 08723 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 08723 residents rent vs. own?

According to Census data, approximately 18.6% of ZIP 08723 households are renters, while 81.4% are owner-occupied. ZIP 08723 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 08723 compare to the rest of Brick?

ZIP 08723 is pricier than Brick as a whole. At $2,700/mo, it's $37 above the Brick citywide median of $2,663/mo.

When was rent data for ZIP 08723 last updated?

Rent data for ZIP 08723 reflects June 22, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
30%
MODERATE

At $2,700/mo, rent takes ~30% of ZIP 08723's median household income ($108,643/yr). The standard benchmark is 30%.

ZIP 08723 30%Benchmark 30%
State income tax1.4–10.75%
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Schools nearby

Public schools near ZIP 08723 (Brick, NJ)

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