RentDataNowRentDataNow
ZIP Code · NJ

ZIP 08742

Pop. 25,732·Ocean County·19th most expensive ZIP in New Jersey
Median rent (all units)
$3,495/mo
Year-over-Year
-1.7%
Month-over-Month
+6.1%
vs US Median
+$1,530
Rising (Monthly)
Be the first to discuss 08742 rents ↓
Most AffordableMost Expensive
ZIP 08742 · $3,495
More expensive than 95% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,810
1 BR
$2,040
2 BR
$2,510
3 BR
$3,280
4 BR+
$3,630
Research median
$2,510/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$41,940/yr
At $3,495/mo median
Location
StateNJ
CountyOcean County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 1.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (-1.7% YoY, +6.1% MoM), not inventory.
Demographics

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.

Population
25,732
Median income
$123,152
Median age
47.4
Renters
18.9%
Age distribution
17.9%
18.6%
24.7%
19.3%
19.6%
Under 1817.9%
18–3418.6%
35–5424.7%
55–6419.3%
65+19.6%
Gender
48.9%
51.1%
Male48.9%
Female51.1%
Race & ethnicity
88.4%
White88.4%
Black0.7%
Hispanic8.4%
Asian1%
Other1.5%
Education (25+)
19%
23.9%
53.2%
No HS diploma3.9%
HS diploma19%
Some college23.9%
Bachelor's+53.2%
Housing tenure
81.1%
18.9%
Owner81.1%
Renter18.9%

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

2021 vs 2026

How ZIP 08742 in Point Pleasant, NJ has changed in 5 years

Income
$103,079 → $123,152
up 19.5%
Population
24,902 → 25,732
up 3.3%
Renter share
21.3% → 18.9%
-2.4 pts
Bachelor's+
48.3% → 53.2%
+4.9 pts
Median age
46.7 → 47.4
+0.7 yrs

Local incomes tracked alongside that move, going from a median of $103,079 in 2021 to $123,152 more recently. 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.

Community

Discussions about ZIP 08742

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 08742

About renting in ZIP 08742

Last updated: July 20, 2026

ZIP code 08742 covers Point Pleasant, NJ. The median rent here is $3,495/mo as of July 2026. A 1-bedroom rents for a median of $2,040/mo. A 2-bedroom rents for a median of $2,510/mo.

At 34% of local median household income ($123,152/yr), ZIP 08742 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 1.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 08742?

As of July 20, 2026, the median monthly rent in ZIP 08742 (Point Pleasant, NJ) is $3,495. This is based on aggregated data from public sources and community submissions.

How does ZIP 08742 rent compare to the US average?

ZIP 08742's median rent of $3,495/mo is $1,530 (78%) above the US national median of $1,965/mo.

How does ZIP 08742 compare to other ZIPs in New Jersey?

ZIP 08742 is one of the pricier ZIP codes in New Jersey, ranking #19 out of 212 ZIPs tracked at $3,495/mo.

How much income do you need to rent in ZIP 08742?

To keep rent at or below 30% of gross income, you would need to earn at least $140,000/year (~$67/hour full-time) to afford the median rent of $3,495/mo in ZIP 08742. The local median household income is $123,152/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 08742?

Rent in ZIP 08742 has decreased 1.7% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 08742 an affordable place to rent?

ZIP 08742 is considered moderate for renters. At $3,495/mo, rent takes approximately 34% of the local median household income ($123,152/yr). The standard benchmark is 30%. ZIP 08742 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 08742 residents rent vs. own?

According to Census data, approximately 18.9% of ZIP 08742 households are renters, while 81.1% are owner-occupied. ZIP 08742 leans toward homeownership, which can mean a smaller rental inventory.

When was rent data for ZIP 08742 last updated?

Rent data for ZIP 08742 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
34%
MODERATE

At $3,495/mo, rent takes ~34% of ZIP 08742's median household income ($123,152/yr). The standard benchmark is 30%.

ZIP 08742 34%Benchmark 30%
State income tax1.4–10.75%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 08742 (Point Pleasant, NJ)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.