Average Rent and Costs in Hoboken, NJ

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There are currently active 69 listings advertised for rent in Hoboken, NJ. Hoboken rentals average $3,270 for a studio rental to $9,000 for a 4-bedroom rental. The median price of all currently available listings is $3,400, or roughly $48 per square feet.
For the apartment units and housing in January 2023, median rents have risen over the last year. Studio rentals prices have increased by $1,170 (54.40%) year-over-year from $2,150 to $3,270. 1-bedroom rentals prices have increased by $205 (8.04%) year-over-year from $2,550 to $3,211. 2-bedroom rentals prices have increased by $270 (7.34%) year-over-year from $3,680 to $4,000. 3-bedroom rentals prices have decreased by $722 (-13.57%) year-over-year from $5,322 to $4,200. 4-bedroom rentals prices have increased by $4,335 (92.93%) year-over-year from $4,665 to $9,000. 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 8.02% this month. 1-bedroom rents have gone down by 2.85% this month. 2-bedroom rents have gone up by 0.89% this month. 3-bedroom rents have gone down by 13.68% this month. 4-bedroom rents have gone up by 3.45% this month.
Current Availabilities January 2023
Bedrooms     Rent Price / sqft     Whole Month Rent 1 Yr Ago Rent (% Change) 3 Yr Ago Rent (% Change)
Studio $3,270 $55 $3,320 $2,150 (54.40%) $2,349 (41.30%)
1 BR $3,211 $50 $2,755 $2,550 (8.04%) $2,404 (14.58%)
2 BR $4,000 $44 $3,950 $3,680 (7.34%) $2,758 (43.20%)
3 BR $4,200 $42 $4,600 $5,322 (-13.57%) $3,900 (17.95%)
4+ BR $9,000 $55 $9,000 $4,665 (92.93%) $4,863 (85.09%)

Historical Rents in Hoboken, NJ

Studio
1 Bedroom
2 Bedroom
3 Bedroom
4 Bedroom

Top Cities Near Hoboken

There are a total of 3 cities nearby Hoboken. The average rent in Hoboken is currently $2,763 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that West New York, NJ, with an average rent of $2,750, is the most affordable city nearby. In contrast, the most expensive city near Hoboken, NJ is Union City, NJ. Monthly rents here are on average $2,950 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 23.54% more expensive than other cities nearby. One bedrooms are about 15.91% more expensive. Two bedrooms in Hoboken, NJ are about 32.50% more expensive. Finally, rent for three bedrooms are about 27.38% more expensive. Want more information? Check out the top 3 cities near Hoboken, NJ in the following chart.
City Studio 1BR 2BR All
West New York, NJ $2,500 $2,700 $2,738 $2,750
Jersey City, NJ $2,676 $2,656 $2,700 $2,763
Union City, NJ $2,500 $3,725 $2,500 $2,950

Top Neighborhoods Near Hoboken

There are a total of 20 neighborhoods in or near Hoboken. Some of these neighborhoods include Bergen - Lafayette, The Heights, and Little Italy. We've included all of these top 20 neighborhoods in or near Hoboken, NJ in the following chart.

The average rent for these 20 neighborhoods in or near Hoboken, NJ is currently around $4,623 per month. A total of 2 neighborhoods out of these neighborhoods have a lower average rent. Meaning, only eighteen neighborhoods have a higher average rent than $4,623. Interestingly, the neighborhoods' average rent is higher than Hoboken's average rent, which is only $3,400. Out of all the neighborhoods in or near Hoboken, Bergen - Lafayette has the most affordable average rent at $2,500 per month. Whereas, at $7,048 per month, SoHo is the most expensive neighborhood in or near Hoboken. View the following chart for more information.
Neighborhood Studio 1BR 2BR All
Bergen - Lafayette, Jersey City, NJ $2,198 $2,205 $2,500 $2,500
The Heights, Jersey City, NJ $2,200 $3,950 $2,450 $2,700
Little Italy, New York, NY $3,250 $3,500 $4,695 $3,500
The Waterfront, Jersey City, NJ $2,900 $3,338 $4,375 $3,627
Financial District, New York, NY $3,277 $4,136 $5,810 $3,975
Bowery, New York, NY $4,100 $3,250 $4,319 $3,997
NoLita, New York, NY N/A $4,295 $4,795 $4,295
Hell's Kitchen, New York, NY $3,195 $3,895 $5,223 $4,354
Hudson Yards, New York, NY $3,763 $4,295 $6,340 $4,495
NoHo, New York, NY $3,550 $4,250 $6,873 $4,500
Battery Park City, New York, NY $3,365 $4,000 $7,892 $4,745
Greenwich Village, New York, NY $3,250 $5,395 $5,500 $4,850
Midtown South, New York, NY $3,700 $4,800 $6,950 $4,881
Chelsea, New York, NY $3,700 $4,979 $6,996 $4,896
West Village, New York, NY $3,923 $4,995 $5,600 $5,395
Flatiron District, New York, NY $3,650 $5,500 $9,200 $5,450
NoMad, New York, NY $4,455 $5,261 $8,822 $5,480
Gramercy Park, New York, NY $3,522 $4,275 $5,395 $5,650
Tribeca, New York, NY $4,688 $5,495 $6,995 $6,838
SoHo, New York, NY $3,200 $4,750 $15,250 $7,048

Top Counties Near Hoboken

County Studio 1BR 2BR All
West New York, NJ $2,500 $2,700 $2,738 $2,750
Jersey City, NJ $2,676 $2,656 $2,700 $2,763
Union City, NJ $2,500 $3,725 $2,500 $2,950
Hoboken, NJ $3,270 $3,211 $4,000 $3,400

Top Zipcodes Near Hoboken

Zipcode Studio 1BR 2BR All
10003, New York, NY $3,600 $3,995 $5,395 $5,395
10038, New York, NY $3,150 $4,100 $5,873 $4,000
10019, New York, NY $3,370 $3,850 $5,765 $4,500
10005, New York, NY $3,387 $4,150 $6,045 $3,975
10011, New York, NY $3,450 $5,250 $6,198 $4,950
10023, New York, NY $3,348 $4,100 $6,900 $4,595
10001, New York, NY $3,935 $4,800 $7,000 $4,800
10036, New York, NY $3,270 $4,000 $5,895 $4,295
10018, New York, NY $3,760 $4,750 $6,820 $4,625
10012, New York, NY $2,995 $4,295 $5,250 $4,295
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