Average Rent and Costs in Jersey City, NJ

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There are currently active 412 listings advertised for rent in Jersey City, NJ. Jersey City rentals average $2,676 for a studio rental to $3,150 for a 4-bedroom rental. The median price of all currently available listings is $2,763, or roughly $40 per square feet.
For the apartment units and housing in January 2023, median rents have risen substantially over the last year. Studio rentals prices have increased by $163 (8.89%) year-over-year from $1,837 to $2,676. 1-bedroom rentals prices have increased by $620 (39.24%) year-over-year from $1,580 to $2,656. 2-bedroom rentals prices have increased by $649 (35.14%) year-over-year from $1,848 to $2,700. 3-bedroom rentals prices have increased by $684 (33.91%) year-over-year from $2,016 to $2,800. 4-bedroom rentals prices have increased by $508 (21.24%) year-over-year from $2,391 to $3,150. 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 down by 8.58% this month. 1-bedroom rents have gone down by 1.95% this month. 2-bedroom rents have gone down by 2.03% this month. 3-bedroom rents have gone up by 1.25% this month. 4-bedroom rents have gone up by 6.08% this month.
Current Availabilities January 2023
Bedrooms     Rent Price / sqft     Whole Month Rent 1 Yr Ago Rent (% Change) 3 Yr Ago Rent (% Change)
Studio $2,676 $48 $2,000 $1,837 (8.89%) $1,849 (8.16%)
1 BR $2,656 $45 $2,200 $1,580 (39.24%) $1,636 (34.45%)
2 BR $2,700 $39 $2,497 $1,848 (35.14%) $1,797 (38.98%)
3 BR $2,800 $29 $2,700 $2,016 (33.91%) $2,015 (34.00%)
4+ BR $3,150 $28 $2,899 $2,391 (21.24%) $2,423 (19.63%)

Historical Rents in Jersey City, NJ

Studio
1 Bedroom
2 Bedroom
3 Bedroom
4 Bedroom

Top Cities Near Jersey City

There are a total of 6 cities nearby Jersey City. The average rent in Jersey City is currently $2,850 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 $2,100, is the most affordable city nearby. In contrast, the most expensive city near Jersey City, NJ is New York, NY. Monthly rents here are on average $4,025 per month.

Let's compare Jersey City, NJ's rent against other top cities nearby by bedroom size. Typically, rent for studios in Jersey City, NJ is 6.58% more expensive than other cities nearby. One bedrooms are about 11.30% more affordable. Two bedrooms in Jersey City, NJ are about 3.01% more expensive. Finally, rent for three bedrooms are about 12.95% more affordable. Want more information? Check out the top 6 cities near Jersey City, NJ in the following chart.
City Studio 1BR 2BR All
Newark, NJ $1,950 $1,450 $1,850 $2,100
Bayonne, NJ $2,000 $2,000 $2,380 $2,200
West New York, NJ $2,500 $2,700 $2,738 $2,750
Union City, NJ $2,500 $3,725 $2,500 $2,950
Hoboken, NJ $3,270 $3,211 $4,000 $3,400
New York, NY $3,200 $3,950 $4,854 $4,025

Top Neighborhoods Near Jersey City

There are a total of 47 neighborhoods in or near Jersey City. Some of these neighborhoods include Washington Heights, Flatbush, and Bedford-Stuyvesant. We've included the top 30 neighborhoods out of 47 total neighborhoods in or near Jersey City, NJ in the following chart.

The average rent for these 30 neighborhoods in or near Jersey City, NJ is currently around $4,250 per month. A total of 5 neighborhoods out of these neighborhoods have a lower average rent. Meaning, only twenty-five neighborhoods have a higher average rent than $4,250. Interestingly, the neighborhoods' average rent is higher than Jersey City's average rent, which is only $2,763. Out of all the neighborhoods in or near Jersey City, Greenville has the most affordable average rent at $2,200 per month. Whereas, at $7,048 per month, SoHo is the most expensive neighborhood in or near Jersey City. View the following chart for more information.
Neighborhood Studio 1BR 2BR All
Washington Heights, New York, NY $1,850 $2,268 $2,700 $2,800
Flatbush, New York, NY $2,442 $2,870 $2,773 $2,944
Bedford-Stuyvesant, New York, NY $2,295 $2,600 $2,900 $3,100
Harlem, New York, NY $2,275 $2,595 $2,995 $3,116
East Harlem, New York, NY $3,200 $2,525 $2,995 $3,173
West Harlem, New York, NY $2,275 $2,600 $3,116 $3,208
Upper East Side, New York, NY $2,495 $3,495 $5,274 $3,700
Long Island City, New York, NY $3,200 $3,842 $5,690 $3,930
Financial District, New York, NY $3,277 $4,136 $5,810 $3,975
Murray Hill, New York, NY $3,105 $3,895 $4,250 $3,995
Bowery, New York, NY $4,100 $3,250 $4,319 $3,997
Downtown Brooklyn, New York, NY $3,184 $4,044 $5,665 $4,175
Lower East Side, New York, NY $2,500 $3,200 $4,295 $4,195
Kips Bay, New York, NY $3,535 $3,895 $4,995 $4,250
NoLita, New York, NY N/A $4,295 $4,795 $4,295
East Village, New York, NY $2,600 $3,495 $4,495 $4,295
Prospect Heights, New York, NY $3,495 $4,298 $6,700 $4,325
Hell's Kitchen, New York, NY $3,195 $3,895 $5,223 $4,354
Midtown East, New York, NY $3,000 $4,300 $6,000 $4,450
Hudson Yards, New York, NY $3,763 $4,295 $6,340 $4,495
Williamsburg, New York, NY $3,618 $4,523 $4,320 $4,500
Upper West Side, New York, NY $2,975 $4,000 $5,775 $4,500
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
Midtown, New York, NY $3,725 $3,995 $6,000 $5,475
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

Top Counties Near Jersey City

County Studio 1BR 2BR All
Newark, NJ $1,950 $1,450 $1,850 $2,100
Bayonne, NJ $2,000 $2,000 $2,380 $2,200
Staten Island, New York, NY $4,500 $1,675 $2,298 $2,500
North Bergen, NJ $1,800 $1,925 $2,600 $2,548
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
Brooklyn, New York, NY $3,374 $3,759 $3,695 $3,600
Manhattan, New York, NY $3,200 $3,995 $5,195 $4,250

Top Zipcodes Near Jersey City

Zipcode Studio 1BR 2BR All
10016, New York, NY $3,300 $3,995 $4,800 $4,250
10009, New York, NY $2,599 $3,495 $4,395 $4,195
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
10128, New York, NY $3,095 $3,095 $5,700 $3,700
10022, New York, NY $2,995 $4,300 $5,995 $4,500
10011, New York, NY $3,450 $5,250 $6,198 $4,950
10025, New York, NY $3,000 $3,763 $4,905 $4,400
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