Rental market · ZIP 07311 · Jersey City, NJ

ZIP 07311, Jersey City, NJ rental market

Population 1,714 · Jersey City, Hudson County, NJ · ZIP Code Tabulation Area

Profile · ACS 2024 5-year

Not ranked

A survey home value and gross rent are not both available, so the affordability/yield inputs cannot be formed.

It stays searchable; available government estimates remain below (data tier: Profile).

Key metrics

1,714
Population

±660 ±39% wide

$3,501
Median gross rent (ACS, incl. utilities)

Direct ACS estimate: the Census Bureau publishes no margin of error for it

$202,679
Median household income

±$140,000 ±69% wide

6.9%
Rental vacancy

Derived from ACS estimates: no published margin of error

100.0%
Renter share

Derived from ACS estimates: no published margin of error

2013
Median year built

±2 years margin in years; a share of a year number would not mean anything

98.0%
Multifamily (5+ units)

Derived from ACS estimates: no published margin of error

Data vintage: ACS 2024 5-year. Of the 7 figures above, 3 carry the Census Bureau's published 90% margin of error, printed on the card in the figure's own units and as a share of the estimate; 3 are ratios derived from those estimates, which the Census Bureau publishes no margin for; and 1 is a direct ACS estimate the Census Bureau publishes no margin of error for. The bar and the band word restate that printed share in three bands: tight under ±10%, moderate ±10% to ±25%, wide ±25% and over. A median year built is given a margin in years only, because a margin stated as a share of a year number would not mean anything; the bar is full at ±40%. A wider margin does not make an area worse, only less precisely measured.

Market context

Trend context

Loading rent context…

View source data

Each point is one ACS 5-year estimate on the same 2020-Census ZCTA boundary. Adjacent releases overlap, so the release-to-release differences are not independent annual market movement.

ACS estimates by release; ± is the margin of error.
Series2017–20212018–20222019–20232020–2024
Median home value B25077————
Median gross rent B25064$3,432 ±$267$3,501$3,501$3,501
Population B010031,494 ±5861,785 ±6361,954 ±6531,714 ±661

ACS 2021 release

2017-2021 five-year estimate

Median home value B25077
—Margin of error not available
Median gross rent B25064
$3,432Margin of error ±$267
Population B01003
1,494Margin of error ±586

ACS 2022 release

2018-2022 five-year estimate

Median home value B25077
—Margin of error not available
Median gross rent B25064
$3,501Margin of error not available
Population B01003
1,785Margin of error ±636

ACS 2023 release

2019-2023 five-year estimate

Median home value B25077
—Margin of error not available
Median gross rent B25064
$3,501Margin of error not available
Population B01003
1,954Margin of error ±653

ACS 2024 release

2020-2024 five-year estimate

Median home value B25077
—Margin of error not available
Median gross rent B25064
$3,501Margin of error not available
Population B01003
1,714Margin of error ±661

Source: U.S. Census Bureau, American Community Survey 5-year, table-based Summary File (ZCTA geography); tables B25077 (median value), B25064 (median gross rent), and B01003 (population); estimate + margin of error. Missing releases remain gaps and are never interpolated. Home value is owner-reported; gross rent describes renter housing stock; population is a ZCTA estimate. Dollar figures are nominal.

Measured market data

Measured observations for this ZIP Code, published beside the government survey figures above rather than replacing them. They measure different things and will legitimately disagree; the reconciliation below states on which axis, one axis at a time, instead of leaving a reader to guess. ZORI does not correct the ACS rent; neither is a better version of the other. Monthly series, revised in recent months, observed 2026-08, not live.

Why two figures for apparently the same thing differ: source, vintage, methodology and geography, stated one axis at a time.
FigureACS survey estimateZillow measured index
Typical rent$3,501/mono published margin of error$4,810/mono published margin of error
Methodology typical rentThe median gross rent sitting tenants actually pay, including utilities, across the whole occupied rental stock.An index of the rent landlords are asking on units newly listed for rent: what is on the market now, not what sitting tenants pay.
SourceU.S. Census Bureau, American Community Survey 5-year estimates.Zillow Economic Research public research data.
VintageACS 2024 5-year: one estimate pooled over 2020–2024. Restated once a year, not monthly, and adjacent releases overlap.Monthly series, observed 2026-08 and revised in recent months. Not live.
Geography2020 Census ZIP Code Tabulation Area 07311.USPS ZIP code 07311: a related, but not identical, area.
Zillow asking-rent index (ZORI)$4,810/mo

Source: Zillow Economic Research public research data, observation month 2026-08. Zillow keys on USPS ZIP codes; this page is a 2020 Census ZCTA, related but not identical geographies, so a Zillow value is matched to this ZCTA by code and is not a statement that the two areas are the same. Zillow is not affiliated with, and does not endorse, Compounding Estates.

Underwrite with these as starting points

No ACS median value is published for this area, so nothing is pre-filled; every calculator input is editable. Owner-occupied median value and renter median gross rent describe different housing stock: the median-valued home is not the typical rental, so this is a screen, not a listing, appraisal, asking rent, cap rate, or forecast. Bring your own entry price and rent.

ZIP Codes bordering 07311

2 ZIP Code areas share a land boundary with 07311 in the official Census 2020 ZCTA map, ordered by shared-boundary length, not ZIP-number proximity or driving distance. 1 of them is in CE’s ranked set and is listed below, each with its own Rental Investor ZIP Score, grade and national rank, read from the same published dataset as this page. The rest are counted here and searchable from the ZIP Code explorer. A neighbour’s score is a score for that area, never for 07311, and this list is ordered by border length, so it is not a ranking and no neighbour is called best.

Evidence, sources & limitations

Official geography: Jersey City city, Hudson County. Analytical entity: the U.S. Census ZIP Code Tabulation Area (ZCTA) 07311, an approximation of the USPS ZIP delivery area, not its exact route boundaries. Model z3-measured-v1; data ACS 2024 5-year.

This ZIP Code area is primarily in Hudson County, overlapping Jersey City, by land-area overlap from the official Census 2020 ZCTA relationship files (not population or address share).

Populationsurvey ACS B01003 · ±39% margin of error
Median gross rent (ACS, incl. utilities)survey ACS B25064 · no published margin of error
Median household incomesurvey ACS B19013 · ±69% margin of error
Rental vacancyderived ACS B25004 E002 / (B25003 E003 + B25004 E002) · no published margin of error
Renter sharederived ACS B25003 E003/E001 · no published margin of error
Median year builtsurvey ACS B25035 · ±<1% margin of error
Multifamily (5+ units)derived ACS B25024 (5+ unit structures / total) · no published margin of error

Class: survey = ACS estimate (with margin of error); derived = computed from ACS. The survey gross-rent yield is a proxy (renter gross rent vs owner-occupied value, different housing stock; ACS top-codes very high values/rents) and is not a cap rate. Subscores are national percentiles among data-eligible areas; ranks are competition-ranked with deterministic ties. No vendor, listing, parcel, or school data. Not investment advice.