Jersey City, NJ Rental Market Trends
What is the average rent in Jersey City?
The average rent for an apartment in Jersey City is $3,153. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Jersey City, NJ
| Average Rent | Average Apartment Size |
|---|---|
| $3,153 | 776 sq. ft. |
What is the average apartment size in Jersey City?
The average size for a Jersey City, NJ apartment is 776 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Jersey City, NJ Apartment Rent Ranges
Jersey City, NJ Occupied Housing Units
42,547 or 40% of the households in Jersey City, NJ are renter-occupied while 61,333 or 59% are owner-occupied.
Jersey City, NJ Rent Trends
| Average Rent | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | Feb / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jersey City, NJ | $2,903 | $2,918 | $2,951 | $2,942 | $2,989 | $2,927 | $2,794 | $2,701 | $2,792 | $2,998 | $3,153 |
| National | $1,362 | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
Average Rent in Jersey City, NJ By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Hudson City | $3,885 |
| Mount Pleasant | $3,885 |
| Washington Village | $3,885 |
| Western Slope | $3,885 |
| Hoboken Yards | $3,502 |
| Newport | $3,502 |
| Metro Plaza | $3,461 |
| Van Leer | $3,461 |
| Exchange Place | $3,447 |
| Harborside | $3,447 |
| Gregory Park | $3,439 |
| Hamilton Park | $3,439 |
| Harbor Place | $3,439 |
| Harsimus Cove | $3,439 |
| Liberty Harbor | $3,439 |
| Paulus Hook | $3,439 |
| Powerhouse | $3,439 |
| Van Vorst Park | $3,439 |
| Mill Creek | $3,196 |
| St. Aedans | $3,196 |
| The Village | $3,196 |
| Communipaw - Lafayette | $2,149 |
| West Bergen | $2,149 |
| Meadowlands | $2,147 |
| Sparrow Hill | $2,147 |
| Waverly | $2,147 |
| Canal Crossing | $2,119 |
| Hackensack Riverfront | $2,119 |
| Bergen Hill | $2,106 |
| Lincoln Park | $2,106 |
| St. Pete | $2,106 |
| Bergen Square | $2,064 |
| Hackensack | $2,064 |
| Marion | $2,064 |
| Palisade | $2,064 |
| Reservoir | $2,064 |
| St. Joe's | $2,064 |
| The Island | $2,064 |
| West End Jersey City | $2,064 |
| Bayfront | $1,972 |
| Country Village | $1,972 |
| Greenville Yard | $1,972 |
| Jackson Hill | $1,972 |
| Liberty State Park | $1,972 |
| LSP Industrial | $1,972 |
| Our Lady of Mercy | $1,972 |
| Port Liberte | $1,972 |
| Society Hill | $1,972 |
| South Greenville | $1,972 |
| State College | $1,972 |
What are the most affordable neighborhoods in Jersey City?
The most affordable neighborhoods in Jersey City are Bayfront, where the average rent goes for $1,972/month, Country Village, where renters pay $1,972/mo on average, and Greenville Yard, where the average rent goes for $1,972/mo. If you’re looking for other great deals, check out the listings from Jackson Hill ($1,972), Liberty State Park ($1,972), and LSP Industrial ($1,972), where the asking prices are below the average Jersey City rent of $3,153/mo.
What are the most expensive neighborhoods in Jersey City?
The most expensive neighborhoods in Jersey City are Mount Pleasant ($3,885), Washington Village ($3,885) and Western Slope ($3,885).
What are the most popular neighborhoods in Jersey City?
The most popular neighborhood in Jersey City is Liberty Harbor, where there are 9 verified RentCafe listings with an average rent of $3,439. Next up is Communipaw - Lafayette, where apartments go for $2,149/month, followed by State College with $1,972 If you’re looking to rent in Jersey City’s most popular neighborhoods, make sure to also check out Hudson City, where renters pay $3,885 on average, and Powerhouse, where the average monthly rent is $3,439.
Jersey City | Rent Comparison by Neighborhood
Rent in Bayfront is 6% lower than in Bergen Hill
Bayfront rent is 37% lower than Jersey City average
| Average Rent | $1,972 |
|---|
Bergen Hill rent is 33% lower than Jersey City average
| Average Rent | $2,106 |
|---|
How Jersey City Compares to Other Cities
| City | Average Rent |
|---|---|
| New York City | $3,977 |
| Manhattan | $4,265 |
| Jersey Shore | $1,805 |
| Bronx | $1,650 |
| Brooklyn | $3,124 |
| Jersey City | $3,153 |
| Hoboken | $3,739 |
| Newark | $1,357 |
| Stamford | $2,621 |
| Queens | $2,769 |
| Irvington | $1,206 |
| East Orange | $1,513 |
| Bloomfield | $1,929 |
| White Plains | $2,987 |
| Yonkers | $2,216 |
| Elizabeth | $1,521 |
| Long Branch | $2,465 |
| Princeton | $2,834 |
| Trenton | $1,454 |
| Camden | $1,147 |
| Bayonne | $2,223 |
Most Popular Apartments in Jersey City
DVORA Hamilton House
255 Brunswick St., Jersey City, NJ 07302- 1 BED
- 2 BEDS
- 3 BEDS
- Ask for pricing
- $4,395
- $5,595
Vantage Collection
33 Park View Avenue, Jersey City, NJ 7302- Studio
- 1 BED
- 2 BEDS
- $2,997+
- $2,840
- $5,591+