ZIP Code · NJ

ZIP 08805

Pop. 14,066·Somerset County·169th most expensive ZIP in New Jersey
Median rent (all units)
$2,070/mo
Year-over-Year
+10.3%
Month-over-Month
+0.7%
vs US Median
+$138
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 08805 · $2,070
More expensive than 65% of US ZIP codes · National median $1,932/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: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of New Jersey

Rent in ZIP 08805 changed +10.3% over the year to September 2026. Across the 149 New Jersey ZIP codes Zillow tracks, the typical change was +2.8%.

Recent direction

Rent has risen 10 months in a row, and rose in 11 of the last 12 months.

What a typical income covers

30% of the median household income ($93,341) is $2,334 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,910); a 2-bedroom is $2,400.

From Zillow's monthly rent index (ZORI) for ZIP 08805. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$24,840/yr
At $2,070/mo median
Location
StateNJ
CountySomerset County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 10.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+10.3% YoY, +0.7% 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: October 17, 2026

ZIP code 08805 covers Bound Brook, NJ. The median rent here is $2,070/mo as of October 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 increased 10.3% over the past year.

FAQ

Frequently asked questions

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 $83,000/year (about $40/hour full-time) to afford the median rent of $2,070/mo in ZIP 08805. The local median household income is $93,341/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 08805?

Rent in ZIP 08805 has risen 10.3% over the past year.

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

ZIP 08805 is one of the more affordable among New Jersey ZIP codes for rent, ranking #169 of 209 at $2,070/mo. Over the year to September 2026, rent in ZIP 08805 changed +10.3%, against a typical +2.8% across the 149 New Jersey ZIP codes Zillow tracks.

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

ZIP 08805 sits right at the Bound Brook citywide median of $2,070/mo.
Income Affordability
27%
AFFORDABLE

At $2,070/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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