ZIP Code · NJ

ZIP 08805

Pop. 14,066·Somerset County·166th most expensive ZIP in New Jersey
Median rent (all units)
$2,118/mo
Year-over-Year
-2.6%
Month-over-Month
Stable
vs US Median
+$153
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 08805 · $2,118
More expensive than 66% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,740
1 BR
$1,910
2 BR
$2,400
3 BR
$2,880
4 BR+
$3,180
Research median
$2,400/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: July 20, 2026

Annual cost
$25,416/yr
At $2,118/mo median
Location
StateNJ
CountySomerset County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 2.6% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-2.6% YoY, -0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 08805 (Bound Brook, NJ) is roughly split between renters and owners, has a median income above the national average, 31.8% of residents hold a bachelor's degree or higher.

Population
14,066
Median income
$93,341
Median age
38.6
Renters
50.2%
Age distribution
21.8%
21.9%
31.3%
15%
Under 1821.8%
18–3421.9%
35–5431.3%
55–649.9%
65+15%
Gender
50.4%
49.6%
Male50.4%
Female49.6%
Race & ethnicity
40.4%
51.8%
White40.4%
Black8.1%
Hispanic51.8%
Asian3.7%
Education (25+)
13%
28.1%
27%
31.8%
No HS diploma13%
HS diploma28.1%
Some college27%
Bachelor's+31.8%
Housing tenure
49.8%
50.2%
Owner49.8%
Renter50.2%

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

2021 vs 2026

How ZIP 08805 in Bound Brook, NJ has changed in 5 years

Income
$71,942 → $93,341
up 29.7%
Population
13,730 → 14,066
up 2.4%
Renter share
50% → 50.2%
+0.2 pts
Bachelor's+
31.6% → 31.8%
+0.2 pts
Median age
35.5 → 38.6
+3.1 yrs

Local incomes tracked alongside that move, going from a median of $71,942 in 2021 to $93,341 more recently. Census counts show ZIP 08805 in Bound Brook, NJ adding about 336 residents over the five-year window, up 2.4% on net.

Community

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Local insights

Tips for renters in ZIP 08805

About renting in ZIP 08805

Last updated: July 20, 2026

ZIP code 08805 covers Bound Brook, NJ. The median rent here is $2,118/mo as of July 2026. A 1-bedroom rents for a median of $1,910/mo. A 2-bedroom rents for a median of $2,400/mo.

At 27% of local median household income ($93,341/yr), ZIP 08805 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 08805?

As of July 20, 2026, the median monthly rent in ZIP 08805 (Bound Brook, NJ) is $2,118. This is based on aggregated data from public sources and community submissions.

How does ZIP 08805 rent compare to the US average?

ZIP 08805's median rent of $2,118/mo is $153 (8%) above the US national median of $1,965/mo.

How does ZIP 08805 compare to other ZIPs in New Jersey?

ZIP 08805 is among the more affordable ZIP codes in New Jersey, ranking #166 out of 212 ZIPs at $2,118/mo.

How much income do you need to rent in ZIP 08805?

To keep rent at or below 30% of gross income, you would need to earn at least $85,000/year (~$41/hour full-time) to afford the median rent of $2,118/mo in ZIP 08805. The local median household income is $93,341/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 08805?

Rent in ZIP 08805 has decreased 2.6% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 08805 an affordable place to rent?

ZIP 08805 is considered affordable for renters. At $2,118/mo, rent takes approximately 27% of the local median household income ($93,341/yr). The standard benchmark is 30%. ZIP 08805 falls comfortably within that range.

What percentage of ZIP 08805 residents rent vs. own?

According to Census data, approximately 50.2% of ZIP 08805 households are renters, while 49.8% are owner-occupied. With a majority renter population, ZIP 08805 has a strong rental market.

How does ZIP 08805 compare to the rest of Bound Brook?

ZIP 08805 sits right at the Bound Brook citywide median of $2,118/mo.

When was rent data for ZIP 08805 last updated?

Rent data for ZIP 08805 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
27%
AFFORDABLE

At $2,118/mo, rent takes ~27% of ZIP 08805's median household income ($93,341/yr). The standard benchmark is 30%.

ZIP 08805 27%Benchmark 30%
State income tax1.4–10.75%
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Schools nearby

Public schools near ZIP 08805 (Bound Brook, NJ)

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