Average Rent in Hoboken, NJ

Current Versus Historical Hoboken, NJ Rents

Hoboken rentals average $3,231 for a studio rental to $13,750 for a 4-bedroom rental. The median price of all currently available listings is $4,450, or roughly $5 per square feet.

For the apartment units and housing in July 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $290 (9.95%) year-over-year from $2,910 to $3,200. 1-bedroom rentals prices have increased by $787 (26.21%) year-over-year from $3,002 to $3,789. 2-bedroom rentals prices have increased by $472 (11.71%) year-over-year from $4,028 to $4,500. 3-bedroom rentals prices have increased by $424 (8.04%) year-over-year from $5,276 to $5,700. 4-bedroom rentals prices have increased by $13,175 (208.30%) year-over-year from $6,325 to $19,500. 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 11.81% this month. 1-bedroom rents have gone up by 16.11% this month. 2-bedroom rents have gone up by 10.66% this month. 3-bedroom rents have gone up by 0.59% this month. 4-bedroom rents have gone up by 71.30% this month.

Beds	Price / Sqft	Jul 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$4.95	$3,200	$2,910 (9.95%)	$1,817 (76.15%)
1 BR	$4.91	$3,789	$3,002 (26.21%)	$2,267 (67.14%)
2 BR	$4.66	$4,500	$4,028 (11.71%)	$2,764 (62.82%)
4+ BR	N/A	$19,500	$6,325 (208.30%)	$4,582 (325.61%)

Historical Rents in Hoboken, NJ

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Hoboken

There are a total of 1 cities nearby Hoboken. The average rent in Hoboken is currently $3,179 per month. Only one city nearby has an average rent lower than that. Our records show that Jersey City, NJ, with an average rent of $3,179, is the most affordable city nearby. In contrast, the most expensive city near Hoboken, NJ is Jersey City, NJ. Monthly rents here are on average $3,179 per month.

Let's compare Hoboken, NJ's rent against other top cities nearby by bedroom size. Typically, rent for studios in Hoboken, NJ is 26.03% more expensive than other cities nearby. One bedrooms are about 14.27% more expensive. Two bedrooms in Hoboken, NJ are about 25.11% more expensive. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 1 cities near Hoboken, NJ in the following chart.

City	Studio	1 Bed	2 Bed	All
Jersey City, NJ	$2,390	$3,271	$3,475	$3,179

Top Neighborhoods Near Hoboken

There are a total of 18 neighborhoods in or near Hoboken. Some of these neighborhoods include NoHo, Flatiron District, and Bowery. We've included all of these top 18 neighborhoods in or near Hoboken, NJ in the following chart.

The average rent for these 18 neighborhoods in or near Hoboken, NJ is currently around $5,025 per month. A total of 4 neighborhoods have a lower average rent. Meaning, only fourteen neighborhoods have a higher average rent than $5,025. Interestingly, the neighborhoods' average rent is higher than Hoboken's average rent, which is only $4,450. Out of all the neighborhoods in or near Hoboken, NoHo has the most affordable average rent at $4,075 per month. Whereas, at $7,195 average rent per month, Tribeca is the most expensive neighborhood in or near Hoboken. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
NoHo, New York, NY	$3,950	$4,125	$7,350	$4,075
Flatiron District, New York, NY	$4,100	$5,900	$10,500	$4,200
Bowery, New York, NY	$2,800	$3,450	$4,798	$4,300
Financial District, New York, NY	$3,695	$4,720	$6,780	$4,420
West Village, New York, NY	$3,995	$4,650	$7,445	$4,550
Hell's Kitchen, New York, NY	$3,700	$4,500	$5,885	$4,595
NoLita, New York, NY	$3,390	$4,495	$6,495	$4,595
Greenwich Village, New York, NY	$4,100	$5,095	$4,395	$4,800
Midtown South, New York, NY	$3,700	$4,800	$5,050	$4,850
Little Italy, New York, NY	$3,900	$5,000	$5,495	$5,200
Hudson Yards, New York, NY	$3,590	$5,000	$7,600	$5,300
SoHo, New York, NY	$3,850	$4,850	$5,400	$5,400
Chelsea, New York, NY	$4,123	$5,476	$8,000	$5,405
Gramercy Park, New York, NY	$3,725	$4,895	$5,495	$5,495
Battery Park City, New York, NY	$4,110	$5,209	$7,250	$5,750
NoMad, New York, NY	$4,395	$5,663	$8,123	$5,781
DUMBO, New York, NY	$3,873	$5,158	$7,034	$6,488
Tribeca, New York, NY	$4,500	$5,999	$8,340	$7,195

Top Counties Near Hoboken

There are a total of 18 counties located by Hoboken, NJ.

We've listed the top 0 counties in the chart below.

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near Hoboken

There are a total of 17 zipcodes in or near Hoboken, NJ. The average rent for all of these zipcodes is $4,825. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 10006, New York, NY at $3,912 per month. In comparison, the zipcode with the most expensive average rent of $6,999 per month is 10007, New York, NY.

Studios in these zipcodes have an average rent of $3,800. That's at least $8 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Hoboken, NJ is $4,795 per month. Or in other words, $7 per sqft. Meanwhile, two bedroom apartments will cost you an average of $6,965 per month. Which comes out to $7 per sqft. The following chart includes the top 10 zipcodes in Hoboken, NJ. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
10003, New York, NY	$3,900	$4,845	$5,250	$5,070
10019, New York, NY	$3,700	$4,570	$6,300	$4,708
10038, New York, NY	$3,770	$4,733	$6,390	$4,598
10005, New York, NY	$3,712	$4,895	$7,619	$4,304
10011, New York, NY	$3,925	$5,423	$8,258	$4,750
10023, New York, NY	$3,181	$4,593	$8,250	$4,863
10036, New York, NY	$3,500	$4,600	$6,500	$4,713
10001, New York, NY	$4,207	$5,422	$8,040	$5,440
10013, New York, NY	$3,900	$5,000	$7,095	$5,895
10014, New York, NY	$4,300	$4,650	$5,500	$4,650

Frequently Asked Questions - Hoboken Average Rents

What is the average rent price in Hoboken, NJ?

The average monthly rental price for Hoboken, NJ apartments for rent is approximately $4,450. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Hoboken, 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 Hoboken, NJ.

How much is a studio apartment in Hoboken, NJ?

The average monthly rental price for studio apartments is $3,231 and an average price per square feet of $4.95. There are a total of 4 studio apartment listings currently available for rent in Hoboken.

How much is a one bedroom apartment in Hoboken, NJ?

The average monthly rental price for one bedroom apartments is $3,815 and an average price per square feet of $4.91. There are a total of 5 one bedroom apartment listings currently available for rent in Hoboken.

How much is a two bedroom apartment in Hoboken, NJ?

The average monthly rental price for two bedroom apartments is $4,640 and an average price per square feet of $4.66. There are a total of 14 two bedroom apartment listings currently available for rent in Hoboken.

How have rent prices in Hoboken, NJ changed this year?

Rent prices for rentals in Hoboken, NJ can fluctuate yearly. Specifically, studio rental prices have changed by 0.10%, one bedroom rental prices have changed by 0.26%, two bedroom rental prices have changed by 0.12%, and three bedroom rental prices have changed by 0.08% year-over-year.

What is a reasonable rent price in Hoboken, NJ?

A reasonable rent price in Hoboken, NJ is around $3,560/month. You can search for these reasonably priced rental listings on RentHop.