Journal Square, Jersey City, NJ Rental Market Trends
Last updated: September 30, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Journal Square is $3,207, a 3.92% increase compared to the previous year, when the average rent was $3,086.
Studio Apartments at $2,627 offer the most budget-friendly option with 464 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 681 square feet for $3,167, balancing privacy and affordability.
Two-bedroom units at $4,317 offer 896 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,113 sq ft) for $5,227, suitable for larger households.
Average rent in Journal Square, Jersey City, NJ
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $3,207 | 653 sq. ft. |
| Studio | $2,627 | 464 sq. ft. |
| 1 Bed | $3,167 | 681 sq. ft. |
| 2 Beds | $4,317 | 896 sq. ft. |
| 3 Beds | $5,227 | 1,113 sq. ft. |
Journal Square, Jersey City, NJ rent trends
Rental prices in Journal Square, Jersey City, NJ have increased by 3.92% over the past year. The average rent moved from $3,086 to $3,207.
What's the typical rent budget in Journal Square, Jersey City, NJ?
The largest share of rentals in Journal Square, Jersey City, NJ (53%) 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?
5,785 or 76% of the households in Journal Square, Jersey City, NJ are renter-occupied while 1,844 or 24% are owner-occupied.
Most affordable neighborhoods in Journal Square?
South Greenville $1,920/month
St. Pete $2,031/month
St. Aedans $2,327/month
All of these neighborhoods fall below the city wide average of $3,761/month.Most expensive neighborhoods in Journal Square?
Van Leer $4,304/month
Powerhouse $4,363/month
Gregory Park $4,383/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Jersey City, NJ By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Gregory Park | $4,383 |
| Powerhouse | $4,363 |
| Van Leer | $4,304 |
| Metro Plaza | $4,291 |
| Paulus Hook | $4,255 |
| Newport | $4,233 |
| Hamilton Park | $4,225 |
| Harborside | $4,185 |
| Liberty Harbor | $4,090 |
| Harsimus Cove | $4,058 |
| Waverly | $3,902 |
| Van Vorst Park | $3,847 |
| Bergen Square | $3,347 |
| Communipaw - Lafayette | $3,013 |
| Marion | $2,818 |
| Jackson Hill | $2,685 |
| West Bergen | $2,681 |
| State College | $2,476 |
| Bergen Hill | $2,346 |
| St. Aedans | $2,327 |
| St. Pete | $2,031 |
| South Greenville | $1,920 |
Jersey City | Rent Comparison by Neighborhood
Rent in Bergen Hill is 30% lower than in Bergen Square
Bergen Hill rent is 27% lower than Jersey City average
Bergen Square rent is 4% 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.