ZIP Code · NJ

ZIP 08844

Part of Hillsborough Township, NJ

Pop. 44,463·Somerset County·63rd most expensive ZIP in New Jersey

Median rent (all units)

$2,818/mo

Year-over-Year

Stable

Month-over-Month

+4.5%

vs US Median

+$886

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 08844 · $2,818

More expensive than 87% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$2,090

1 BR

$2,290

2 BR

$2,880

3 BR

$3,450

4 BR+

$3,820

Research median

$2,880/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

What a typical income covers

30% of the median household income ($153,556) is $3,839 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,820).

Cheaper nearby

ZIP 08869, 5 miles away, rents for 10% less ($2,525/mo), about $3,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 08844. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$33,816/yr

At $2,818/mo median

Location

CityHillsborough Township

StateNJ

CountySomerset County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+0.0% YoY, +4.5% MoM), not inventory.

Demographics

Who lives here

ZIP 08844 (Hillsborough Township, NJ) is majority owner-occupied, has a median income above the national average, 62.3% of residents hold a bachelor's degree or higher.

Population

44,463

Median income

$153,556

Median age

42.1

Renters

20.4%

Age distribution

21.8%

17.7%

28.9%

15.6%

16%

Under 1821.8%

18–3417.7%

35–5428.9%

55–6415.6%

65+16%

Gender

49.1%

50.9%

Male49.1%

Female50.9%

Race & ethnicity

61.1%

21.8%

White61.1%

Black3.9%

Hispanic11.2%

Asian21.8%

Other2%

Education (25+)

15.7%

17.9%

62.3%

No HS diploma4.1%

HS diploma15.7%

Some college17.9%

Bachelor's+62.3%

Housing tenure

79.6%

20.4%

Owner79.6%

Renter20.4%

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

2021 vs 2026

How ZIP 08844 in Hillsborough Township, NJ has changed in 5 years

Income

$145,903 → $153,556

up 5.2%

Population

42,818 → 44,463

up 3.8%

Renter share

16% → 20.4%

+4.4 pts

Bachelor's+

60.8% → 62.3%

+1.5 pts

Median household income rose from $145,903 to $153,556 between 2021 and 2024, a 5.2% shift. The population has grown by 3.8% since 2021, moving from about 42,818 residents to roughly 44,463. Renters now make up 20.4% of households, compared with 16% five years ago.

Community

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Local insights

Tips for renters in ZIP 08844

About renting in ZIP 08844

Last updated: October 17, 2026

ZIP code 08844 covers Hillsborough Township, NJ. The median rent here is $2,818/mo as of October 2026. A 1-bedroom rents for a median of $2,290/mo. A 2-bedroom rents for a median of $2,880/mo.

At 22% of local median household income ($153,556/yr), ZIP 08844 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 08844?

To keep rent at or below 30% of gross income, you would need to earn at least $113,000/year (about $54/hour full-time) to afford the median rent of $2,818/mo in ZIP 08844. The local median household income is $153,556/yr, so the typical household meets that bar.