Jersey City, NJ Rental Market Trends
Last updated: August 31, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Jersey City is $3,746, a 0.51% decrease compared to the previous year, when the average rent was $3,765.
Studio Apartments at $2,981 offer the most budget-friendly option with 515 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 722 square feet for $3,399, balancing privacy and affordability.
Two-bedroom units at $4,627 offer 1,078 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,369 sq ft) for $5,755, suitable for larger households.
Average rent in Jersey City, NJ
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $3,746 | 809 sq. ft. |
| Studio | $2,981 | 515 sq. ft. |
| 1 Bed | $3,399 | 722 sq. ft. |
| 2 Beds | $4,627 | 1,078 sq. ft. |
| 3 Beds | $5,755 | 1,369 sq. ft. |
Jersey City, NJ rent trends
What's the typical rent budget in Jersey City, NJ?
The largest share of rentals in Jersey City, NJ (75%) 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 Jersey City, NJ?
90,256 or 72% of the households in Jersey City, NJ are renter-occupied while 34,967 or 28% are owner-occupied.
Most affordable neighborhoods in Jersey City?
South Greenville $1,910/month
St. Pete $2,020/month
St. Aedans $2,330/month
All of these neighborhoods fall below the city wide average of $3,746/month.Most expensive neighborhoods in Jersey City?
Metro Plaza $4,307/month
Gregory Park $4,326/month
Powerhouse $4,399/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Jersey City, NJ By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Powerhouse | $4,399 |
| Gregory Park | $4,326 |
| Metro Plaza | $4,307 |
| Van Leer | $4,272 |
| Newport | $4,235 |
| Paulus Hook | $4,183 |
| Hamilton Park | $4,161 |
| Harborside | $4,156 |
| Liberty Harbor | $4,040 |
| Harsimus Cove | $4,021 |
| Waverly | $3,912 |
| Van Vorst Park | $3,838 |
| Bergen Square | $3,467 |
| St. Joe's | $3,248 |
| Communipaw - Lafayette | $2,956 |
| Marion | $2,817 |
| Jackson Hill | $2,686 |
| West Bergen | $2,684 |
| State College | $2,486 |
| Bergen Hill | $2,350 |
| St. Aedans | $2,330 |
| St. Pete | $2,020 |
| South Greenville | $1,910 |
Jersey City | Rent Comparison by Neighborhood
Rent in Bergen Hill is 32% lower than in Bergen Square
Bergen Hill rent is 37% lower than Jersey City average
Bergen Square rent is 7% lower than Jersey City average
How Jersey City Compares to Other Cities
| City | Average Rent |
|---|---|
| Jersey City | $3,746 |
| Jersey Shore | $2,224 |
| Newark | $1,792 |
| East Orange | $1,903 |
| Elizabeth | $1,916 |
| Bayonne | $2,631 |
| Paterson | $1,752 |
| Hoboken | $4,522 |
| Camden | $1,458 |
| New Brunswick | $2,557 |
| Summit | $2,869 |
| New York City | $5,204 |
| Manhattan, NY | $5,778 |
| Brooklyn, NY | $4,141 |
| Hackensack, NJ | $2,652 |
| Linden | $2,210 |
| Union City, NJ | $2,167 |
| Passaic, NJ | $1,931 |
| Clifton, NJ | $2,315 |
| Garfield, NJ | $2,245 |
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 Jersey City 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.