Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in ZCTA5 07885, New Jersey?
ZIP code · Census ACS 5-Year estimates
The median gross rent in ZCTA5 07885, New Jersey (ZIP 07885) is $1,798/month (±$116), based on Census ACS 5-Year estimates (2024). The median home value is $380,900 (±$28,900), and the median household income is $100,716/year. The unemployment rate in Morris County, New Jersey was 3.3% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for ZIP 07885
| Metric | Value |
|---|---|
| Median Gross Rent | $1,798 |
| Median Home Value | $380,900 |
| Median Household Income | $100,716 |
| Total Housing Units | 4,886 |
| Renter-Occupied Units | 1,738 |
| Renter-Occupied Share | 36% |
| Households Paying 50%+ Income | 273 households |
| Unemployment Rate(April 2026) | 3.3% |
How does ZIP 07885 compare?
Median gross rent ranked against all ZIP codes in New Jersey.
Higher rent than 52% of ZIP codes in New Jersey · 249th of 517
| # | ZIP code | Value |
|---|---|---|
| 1 | ZCTA5 07310 | $3,501 |
| 1 | ZCTA5 07632 | $3,501 |
| 1 | ZCTA5 07627 | $3,501 |
| … 245 more … | ||
| 249 | ZCTA5 07885(you are here) | $1,798 |
| … 265 more … | ||
| 515 | ZCTA5 07440 | $950 |
| 516 | ZCTA5 07730 | $874 |
| 517 | ZCTA5 07738 | $685 |
Geography
ZIP 07885 is in Morris County, New Jersey.
It covers part of Wharton borough city, New Jersey.
More data for ZCTA5 07885
Browse by State
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Puerto Rico
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Frequently asked questions
What is the average rent in ZCTA5 07885, New Jersey?
The median gross rent in ZCTA5 07885, New Jersey (ZIP 07885) is $1,798/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in ZCTA5 07885, New Jersey?
The median rent for a 2-bedroom in ZCTA5 07885, New Jersey is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in ZCTA5 07885, New Jersey?
The median home value in ZCTA5 07885, New Jersey (ZIP 07885) is $380,900 according to Census ACS 5-Year estimates (2024).
What percentage of renters in ZCTA5 07885 are rent-burdened?
In ZCTA5 07885, New Jersey, 273 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in ZCTA5 07885, New Jersey?
The median household income in ZCTA5 07885, New Jersey is $100,716/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,798 has a margin of error of ±$116. In very small areas, MOEs can be large relative to the estimate.
Managing rental properties?
Tenanture helps property managers reply to every inbound lead, qualify applicants against your rules, and handle tenant inquiries automatically.
Get started free