ZIP 08742
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Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in ZIP 08742 is 0.5% below its high of $2,946 in July 2026, at $2,930 as of September 2026.
Rent in ZIP 08742 changed +10.9% over the year to September 2026. Across the 149 New Jersey ZIP codes Zillow tracks, the typical change was +2.8%.
Rent rose in 8 of the last 12 months.
30% of the median household income ($123,152) is $3,079 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,510); a 3-bedroom is $3,280.
ZIP 08724, 3 miles away, rents for 13% less ($2,542/mo), about $4,700 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 08742. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
Who lives here
ZIP 08742 (Point Pleasant, NJ) is majority owner-occupied, has a median income above the national average, 53.2% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 08742 in Point Pleasant, NJ has changed in 5 years
The median rent in ZIP 08742 in Point Pleasant, NJ stood at $2,133 in 2023 and currently runs about $2,930, reflecting a 37.4% increase over the period. Local incomes tracked alongside that move, going from a median of $103,079 in 2021 to $123,152 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 3.3% since 2021, moving from about 24,902 residents to roughly 25,732. Renters now make up 18.9% of households, compared with 21.3% five years ago. College-educated residents now make up 53.2% of adults here, versus 48.3% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 08742 in Point Pleasant, NJ market of 2023.
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Tips for renters in ZIP 08742
Last updated: October 17, 2026
ZIP code 08742 covers Point Pleasant, NJ. The median rent here is $2,930/mo as of October 2026. A 1-bedroom rents for a median of $2,040/mo. A 2-bedroom rents for a median of $2,510/mo.
At 29% of local median household income ($123,152/yr), ZIP 08742 ranks as affordable compared to the national benchmark of 30%. Rents have increased 10.9% over the past year.
Frequently asked questions
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Is rent going up or down in ZIP 08742?
How does ZIP 08742 compare to other ZIPs in New Jersey?
At $2,930/mo, rent takes ~29% of ZIP 08742's median household income ($123,152/yr). The standard benchmark is 30%.
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