Journal Square, Jersey City, NJ Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Journal Square is $3,097, a 2.09% increase compared to the previous year, when the average rent was $3,033.
Studio Apartments at $2,527 offer the most budget-friendly option with 462 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 667 square feet for $3,009, balancing privacy and affordability.
Two-beedroom units at $4,140 offer 924 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,233 sq ft) for $5,138, suitable for larger households.
Average rent in Journal Square, Jersey City, NJ
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $3,097 | 658 sq. ft. |
| Studio | $2,527 | 462 sq. ft. |
| 1 Bed | $3,009 | 667 sq. ft. |
| 2 Beds | $4,140 | 924 sq. ft. |
| 3 Beds | $5,138 | 1,233 sq. ft. |
Journal Square, Jersey City, NJ rent trends
Rental prices in Journal Square, Jersey City, NJ have increased by 2.09% over the past year. The average rent moved from $3,033 to $3,097.
What's the typical rent budget in Journal Square, Jersey City, NJ?
The largest share of rentals in Journal Square, Jersey City, NJ (48%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Journal Square, Jersey City, NJ?
5,777 or 76% of the households in Journal Square, Jersey City, NJ are renter-occupied while 1,802 or 24% are owner-occupied.
Most affordable neighborhoods in Journal Square?
South Greenville $1,745/month
Marion $1,936/month
St. Pete $2,049/month
All of these neighborhoods fall below the city wide average of $3,786/month.Most expensive neighborhoods in Journal Square?
Paulus Hook $4,350/month
Van Leer $4,449/month
Metro Plaza $4,470/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Jersey City, NJ By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Metro Plaza | $4,470 |
| Van Leer | $4,449 |
| Paulus Hook | $4,350 |
| Powerhouse | $4,340 |
| Harborside | $4,222 |
| Gregory Park | $4,208 |
| Newport | $4,149 |
| Liberty Harbor | $4,034 |
| Hamilton Park | $3,999 |
| Van Vorst Park | $3,949 |
| Waverly | $3,910 |
| Harsimus Cove | $3,649 |
| Bergen Square | $3,146 |
| Communipaw - Lafayette | $2,894 |
| West Bergen | $2,698 |
| Jackson Hill | $2,621 |
| State College | $2,437 |
| Bergen Hill | $2,253 |
| St. Pete | $2,049 |
| Marion | $1,936 |
| South Greenville | $1,745 |
Jersey City | Rent Comparison by Neighborhood
Rent in Bergen Hill is 28% lower than in Bergen Square
Bergen Hill rent is 27% lower than Jersey City average
Bergen Square rent is 2% higher than Jersey City average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Journal Square apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.