Average Rent in Bayonne, NJ

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Current Versus Historical Bayonne, NJ Rents

Bayonne rentals average $3,125 for a 1-bedroom rental to $3,000 for a 4-bedroom rental. The median price of all currently available listings is $2,500, or roughly $2 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $375 (17.86%) year-over-year from $2,100 to $2,475. 1-bedroom rentals prices have decreased by $15 (-0.93%) year-over-year from $1,615 to $1,600. 2-bedroom rentals prices have increased by $456 (19.50%) year-over-year from $2,339 to $2,795. 3-bedroom rentals prices have increased by $258 (10.69%) year-over-year from $2,417 to $2,675. 4-bedroom rentals prices have decreased by $17 (-0.55%) year-over-year from $3,017 to $3,000. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 10.00% this month. 1-bedroom rents have gone down by 2.54% this month. 2-bedroom rents have gone up by 17.40% this month. 3-bedroom rents have gone up by 2.56% this month. 4-bedroom rents have gone down by 3.23% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR N/A $1,600 $1,615 (-0.93%) $1,435 (11.52%)
2 BR $2.47 $2,795 $2,339 (19.50%) $1,678 (66.57%)
3 BR $2.01 $2,675 $2,417 (10.69%) $1,967 (36.02%)
4+ BR $2.13 $3,000 $3,017 (-0.55%) $2,825 (6.19%)

Historical Rents in Bayonne, NJ

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Bayonne

There are a total of 5 cities nearby Bayonne. The average rent in Bayonne is currently $2,400 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Newark, NJ, with an average rent of $2,300, is the most affordable city nearby. In contrast, the most expensive city near Bayonne, NJ is Hoboken, NJ. Monthly rents here are on average $3,700 per month.

Let's compare Bayonne, NJ's rent against other top cities nearby by bedroom size. Typically, rent for studios in Bayonne, NJ is inf% more affordable than other cities nearby. One bedrooms are about 33.63% more expensive. Two bedrooms in Bayonne, NJ are about 5.28% more affordable. Finally, rent for three bedrooms are about 2.97% more affordable. Want more information? Check out the top 5 cities near Bayonne, NJ in the following chart.
City Studio 1 Bed 2 Bed All
Newark, NJ $2,100 $2,074 $2,100 $2,300
Bayonne, NJ $2,325 $2,057 $2,422 $2,400
Elizabeth, NJ $1,861 $1,750 $2,300 $2,400
Jersey City, NJ $2,805 $2,700 $2,650 $2,700
Hoboken, NJ $3,048 $3,187 $4,200 $3,700

Top Neighborhoods Near Bayonne

There are a total of 30 neighborhoods in or near Bayonne. Some of these neighborhoods include The Heights, Bay Ridge, and Flatbush. We've included all of these top 30 neighborhoods in or near Bayonne, NJ in the following chart.

The average rent for these 30 neighborhoods in or near Bayonne, NJ is currently around $4,800 per month. Meaning, only thirty neighborhoods have a higher average rent than $4,800. Interestingly, the neighborhoods' average rent is higher than Bayonne's average rent, which is only $2,500. Out of all the neighborhoods in or near Bayonne, The Heights has the most affordable average rent at $2,560 per month. Whereas, at $7,300 average rent per month, SoHo is the most expensive neighborhood in or near Bayonne. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
The Heights, Jersey City, NJ N/A $2,200 $2,555 $2,560
Bay Ridge, New York, NY $4,200 $2,398 $2,625 $2,700
Flatbush, New York, NY $2,800 $2,998 $3,138 $3,250
Clinton Hill, New York, NY $3,101 $3,525 $5,987 $3,600
The Waterfront, Jersey City, NJ $3,026 $3,537 $5,252 $3,661
Bowery, New York, NY $2,870 $3,995 $3,999 $3,995
Brooklyn Heights, New York, NY $3,750 $4,109 $6,150 $4,100
Downtown Brooklyn, New York, NY $3,380 $4,150 $5,765 $4,150
Financial District, New York, NY $3,494 $4,469 $6,400 $4,300
Prospect Heights, New York, NY $3,600 $4,405 $6,068 $4,300
NoLita, New York, NY $3,595 $4,495 $4,895 $4,495
East Village, New York, NY $2,898 $3,600 $4,495 $4,500
Williamsburg, New York, NY $3,619 $4,508 $4,650 $4,691
West Village, New York, NY $4,750 $4,750 $6,495 $4,795
NoHo, New York, NY $3,850 $4,500 $7,750 $4,800
Greenwich Village, New York, NY $4,150 $4,800 $5,075 $4,800
Murray Hill, New York, NY $3,613 $4,300 $6,525 $4,930
Kips Bay, New York, NY $3,795 $4,120 $5,330 $4,950
Midtown South, New York, NY $3,785 $4,995 $6,865 $5,000
Greenpoint, New York, NY $3,495 $4,354 $6,000 $5,000
Little Italy, New York, NY $3,900 $5,000 $5,500 $5,000
Battery Park City, New York, NY $3,550 $4,539 $6,300 $5,152
Lower East Side, New York, NY $3,748 $3,495 $4,495 $5,195
Flatiron District, New York, NY $4,050 $5,900 $8,571 $5,200
Chelsea, New York, NY $4,150 $5,500 $7,915 $5,201
NoMad, New York, NY $4,449 $5,587 $8,506 $5,710
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,067 $6,127 $5,802
Gramercy Park, New York, NY $3,815 $5,195 $5,295 $6,039
Tribeca, New York, NY $4,250 $6,000 $7,295 $6,895
SoHo, New York, NY $2,973 $3,950 $15,000 $7,300

Top Counties Near Bayonne

There are a total of 30 counties located by Bayonne, NJ. Some of these counties include Irvington, NJ, Newark, NJ, and Bayonne, NJ. The average rent for rentals in these counties is $2,400. That's roughly around $2 per sqft. A total of 4 counties have a lower average rent. The county that is the most affordable is Irvington, NJ. It's average rent per month is $2,150. Vice versa, with an average rent of $3,899, Brooklyn, New York, NY is the most expensive county by Bayonne, NJ.

Typically, rent for studios in Bayonne, NJ is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Bayonne, NJ is 33.63% more expensive than other counties nearby. Finally, rent for two bedrooms in Bayonne, NJ is 5.28% more affordable than other counties nearby. We've listed the top 7 counties in the chart below.
County Studio 1 Bed 2 Bed All
Irvington, NJ $1,625 $1,600 $2,000 $2,150
Newark, NJ $2,100 $2,074 $2,100 $2,300
Bayonne, NJ $2,325 $2,057 $2,422 $2,400
Elizabeth, NJ $1,861 $1,750 $2,300 $2,400
Jersey City, NJ $2,805 $2,700 $2,650 $2,700
Hoboken, NJ $3,048 $3,187 $4,200 $3,700
Brooklyn, New York, NY $3,495 $3,995 $4,000 $3,899

Top Zipcodes Near Bayonne

There are a total of 34 zipcodes in or near Bayonne, NJ. The average rent for all of these zipcodes is $4,259. A total of 5 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 07111, Essex County, NJ at $2,125 per month. In comparison, the zipcode with the most expensive average rent of $7,095 per month is 10013, New York, NY.

Studios in these zipcodes have an average rent of $3,495. That's at least $7 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Bayonne, NJ is $4,138 per month. Or in other words, $6 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,223 per month. Which comes out to $6 per sqft. The following chart includes the top 10 zipcodes in Bayonne, NJ. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
07002, Bayonne, NJ $2,325 $2,057 $2,422 $2,400
07305, Jersey City, NJ N/A $2,048 $2,200 $2,500
07304, Jersey City, NJ $1,800 $2,150 $2,400 $2,425
07302, Jersey City, NJ $2,889 $3,377 $4,805 $3,505
07306, Jersey City, NJ $2,826 $2,400 $2,580 $2,650
10004, New York, NY $3,500 $4,400 $6,688 $4,271
11231, New York, NY $6,300 $4,103 $5,271 $5,041
10006, New York, NY $3,275 $4,334 $5,848 $3,725
07307, Jersey City, NJ N/A $2,200 $2,500 $2,500
10005, New York, NY $3,514 $4,583 $6,014 $4,247

Frequently Asked Questions - Bayonne Average Rents

What is the average rent price in Bayonne, NJ?
The average monthly rental price for Bayonne, NJ apartments for rent is approximately $2,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Bayonne, NJ rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Bayonne, NJ.
How much is a studio apartment in Bayonne, NJ?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Bayonne.
How much is a one bedroom apartment in Bayonne, NJ?
The average monthly rental price for one bedroom apartments is $3,125 and an average price per square feet of $0. There are a total of 2 one bedroom apartment listings currently available for rent in Bayonne.
How much is a two bedroom apartment in Bayonne, NJ?
The average monthly rental price for two bedroom apartments is $2,300 and an average price per square feet of $2.47. There are a total of 17 two bedroom apartment listings currently available for rent in Bayonne.
How have rent prices in Bayonne, NJ changed this year?
Rent prices for rentals in Bayonne, NJ can fluctuate yearly. Specifically, studio rental prices have changed by 0.18%, one bedroom rental prices have changed by -0.01%, two bedroom rental prices have changed by 0.19%, and three bedroom rental prices have changed by 0.11% year-over-year.
What is a reasonable rent price in Bayonne, NJ?
A reasonable rent price in Bayonne, NJ is around $2,000/month. You can search for these reasonably priced rental listings on RentHop.
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