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ZIP Code · NJ

ZIP 08876

Pop. 23,380·Somerset County·115th most expensive ZIP in New Jersey
Median rent (all units)
$2,530/mo
Year-over-Year
+18.7%
Month-over-Month
+0.6%
vs US Median
+$565
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 08876 · $2,530
More expensive than 80% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,720
1 BR
$1,890
2 BR
$2,370
3 BR
$2,840
4 BR+
$3,140
Research median
$2,370/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
$30,360/yr
At $2,530/mo median
Location
StateNJ
CountySomerset County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 18.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+18.7% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 08876 (Somerville, NJ) is majority owner-occupied, has a median income above the national average, 57.1% of residents hold a bachelor's degree or higher.

Population
23,380
Median income
$122,884
Median age
39.6
Renters
38.9%
Age distribution
16.8%
26%
26%
15.3%
15.9%
Under 1816.8%
18–3426%
35–5426%
55–6415.3%
65+15.9%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
66.1%
14.8%
White66.1%
Black8.2%
Hispanic14.8%
Asian11.3%
Education (25+)
20.4%
18.2%
57.1%
No HS diploma4.4%
HS diploma20.4%
Some college18.2%
Bachelor's+57.1%
Housing tenure
61.1%
38.9%
Owner61.1%
Renter38.9%

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

2021 vs 2026

How ZIP 08876 in Somerville, NJ has changed in 5 years

Income
$108,769 → $122,884
up 13.0%
Population
22,691 → 23,380
up 3.0%
Renter share
33.6% → 38.9%
+5.3 pts
Bachelor's+
54% → 57.1%
+3.1 pts
Median age
41.1 → 39.6
-1.5 yrs

On the earnings side, the typical household in ZIP 08876 in Somerville, NJ now reports about $122,884, up from $108,769 in 2021. Headcount in the area went from 22,691 to 23,380 between 2021 and 2024, a 3.0% change. About 38.9% of households rent today, against 33.6% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 54% to 57.1%.

Community

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Local insights

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About renting in ZIP 08876

Last updated: July 20, 2026

ZIP code 08876 covers Somerville, NJ. The median rent here is $2,530/mo as of July 2026. A 1-bedroom rents for a median of $1,890/mo. A 2-bedroom rents for a median of $2,370/mo.

At 25% of local median household income ($122,884/yr), ZIP 08876 ranks as affordable compared to the national benchmark of 30%. Rents have increased 18.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 08876?

As of July 20, 2026, the median monthly rent in ZIP 08876 (Somerville, NJ) is $2,530. This is based on aggregated data from public sources and community submissions.

How does ZIP 08876 rent compare to the US average?

ZIP 08876's median rent of $2,530/mo is $565 (29%) above the US national median of $1,965/mo.

How does ZIP 08876 compare to other ZIPs in New Jersey?

ZIP 08876 falls in the middle range for New Jersey, ranking #115 out of 212 ZIPs at $2,530/mo.

How much income do you need to rent in ZIP 08876?

To keep rent at or below 30% of gross income, you would need to earn at least $101,000/year (~$49/hour full-time) to afford the median rent of $2,530/mo in ZIP 08876. The local median household income is $122,884/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 08876?

Rent in ZIP 08876 has increased 18.7% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 08876 an affordable place to rent?

ZIP 08876 is considered affordable for renters. At $2,530/mo, rent takes approximately 25% of the local median household income ($122,884/yr). The standard benchmark is 30%. ZIP 08876 falls comfortably within that range.

What percentage of ZIP 08876 residents rent vs. own?

According to Census data, approximately 38.9% of ZIP 08876 households are renters, while 61.1% are owner-occupied. ZIP 08876 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 08876 compare to the rest of Somerville?

ZIP 08876 is pricier than Somerville as a whole. At $2,530/mo, it's $50 above the Somerville citywide median of $2,480/mo.

When was rent data for ZIP 08876 last updated?

Rent data for ZIP 08876 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
25%
AFFORDABLE

At $2,530/mo, rent takes ~25% of ZIP 08876's median household income ($122,884/yr). The standard benchmark is 30%.

ZIP 08876 25%Benchmark 30%
State income tax1.4–10.75%
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Schools nearby

Public schools near ZIP 08876 (Somerville, NJ)

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