Average Rent and Costs in The Waterfront, Jersey City, NJ

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There are currently active 69 listings advertised for rent in The Waterfront, Jersey City, NJ. The Waterfront rentals average $2,900 for a studio rental to $5,603 for a 3-bedroom rental. The median price of all currently available listings is $3,531, or roughly $51 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 $385 (15.30%) year-over-year from $2,515 to $2,900. 1-bedroom rentals prices have increased by $233 (7.86%) year-over-year from $2,967 to $3,328. 2-bedroom rentals prices have increased by $453 (11.26%) year-over-year from $4,027 to $4,428. 3-bedroom rentals prices have increased by $382 (5.81%) year-over-year from $6,569 to $5,603. 4-bedroom rentals prices have increased by $2,072 (42.49%) year-over-year from $4,878 to $0. 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 6.97% this month. 1-bedroom rents have gone down by 3.61% this month. 2-bedroom rents have gone down by 1.98% this month. 3-bedroom rents have gone up by 8.37% this month. 4-bedroom rents have gone down by 0.00% this month.
Current Availabilities January 2023
Bedrooms     Rent Price / sqft     Whole Month Rent 1 Yr Ago Rent (% Change) 3 Yr Ago Rent (% Change)
Studio $2,900 $58 $2,900 $2,515 (15.30%) $2,450 (18.39%)
1 BR $3,328 $52 $3,200 $2,967 (7.86%) $2,642 (21.14%)
2 BR $4,428 $50 $4,480 $4,027 (11.26%) $2,724 (64.49%)
3 BR $5,603 $46 $6,950 $6,569 (5.81%) $4,690 (48.19%)

Historical Rents in The Waterfront, Jersey City, NJ

Studio
1 Bedroom
2 Bedroom
3 Bedroom
4 Bedroom

Top Cities Near The Waterfront

There are a total of 8 cities nearby The Waterfront. The average rent in The Waterfront is currently $2,829 per month. A total of 7 cities nearby have an average rent lower than that. Our records show that Newark, NJ, with an average rent of $2,048, is the most affordable city nearby. In contrast, the most expensive city near The Waterfront, Jersey City, NJ is New York, NY. Monthly rents here are on average $4,000 per month.

Let's compare The Waterfront, Jersey City, NJ's rent against other top cities nearby by bedroom size. Typically, rent for studios in The Waterfront, Jersey City, NJ is 13.02% more expensive than other cities nearby. One bedrooms are about 21.04% more expensive. Two bedrooms in The Waterfront, Jersey City, NJ are about 38.65% more expensive. Finally, rent for three bedrooms are about 41.33% more expensive. Want more information? Check out the top 8 cities near The Waterfront, Jersey City, NJ in the following chart.
City Studio 1BR 2BR All
Newark, NJ $1,950 $1,325 $1,800 $2,048
Bayonne, NJ $2,000 $1,800 $2,400 $2,262
Jersey City, NJ $2,545 $2,531 $2,695 $2,750
West New York, NJ $2,500 $2,725 $2,738 $2,763
Fort Lee, NJ $1,600 $2,500 $3,100 $2,895
Union City, NJ $2,750 $2,900 $2,500 $2,950
Hoboken, NJ $3,300 $3,000 $4,000 $3,400
New York, NY $3,195 $3,945 $4,795 $4,000

Top Neighborhoods Near The Waterfront

There are a total of 47 neighborhoods in or near The Waterfront. Some of these neighborhoods include Greenville, Bergen - Lafayette, and The Heights. We've included the top 30 neighborhoods out of 47 total neighborhoods in or near The Waterfront, Jersey City, NJ in the following chart.

The average rent for these 30 neighborhoods in or near The Waterfront, Jersey City, NJ is currently around $4,198 per month. A total of 14 neighborhoods out of these neighborhoods have a lower average rent. Meaning, only sixteen neighborhoods have a higher average rent than $4,198. Interestingly, the neighborhoods' average rent is higher than The Waterfront's average rent, which is only $3,531. Out of all the neighborhoods in or near The Waterfront, Greenville has the most affordable average rent at $2,200 per month. Whereas, at $6,750 per month, Tribeca is the most expensive neighborhood in or near The Waterfront. View the following chart for more information.
Neighborhood Studio 1BR 2BR All
Greenville, Jersey City, NJ $1,650 $1,588 $2,100 $2,200
Bergen - Lafayette, Jersey City, NJ $2,198 $2,205 $2,400 $2,500
The Heights, Jersey City, NJ $2,200 $3,075 $2,400 $2,698
Little Italy, New York, NY $3,250 $3,270 $4,698 $3,500
Financial District, New York, NY $3,254 $4,145 $5,761 $3,972
Clinton Hill, New York, NY $2,995 $3,850 $5,500 $3,995
Bowery, New York, NY $3,988 $3,250 $4,295 $3,995
Murray Hill, New York, NY $3,100 $3,900 $4,250 $3,995
Brooklyn Heights, New York, NY $3,100 $3,900 $6,657 $4,174
Lower East Side, New York, NY $2,488 $3,258 $4,195 $4,195
Kips Bay, New York, NY $3,465 $3,895 $4,995 $4,195
Downtown Brooklyn, New York, NY $3,194 $4,061 $5,600 $4,198
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
Hell's Kitchen, New York, NY $3,200 $3,900 $5,195 $4,395
Midtown East, New York, NY $3,000 $4,300 $5,900 $4,450
Hudson Yards, New York, NY $3,800 $4,290 $6,340 $4,462
Chelsea, New York, NY $3,700 $4,900 $6,995 $4,710
NoHo, New York, NY $3,575 $4,250 $6,818 $4,725
Greenwich Village, New York, NY $3,250 $5,395 $5,500 $4,750
Midtown South, New York, NY $3,700 $4,743 $6,975 $4,775
Battery Park City, New York, NY $3,395 $3,850 $7,892 $4,813
DUMBO, New York, NY $3,835 $4,786 $6,825 $5,095
West Village, New York, NY $3,850 $4,995 $5,600 $5,295
Flatiron District, New York, NY $3,650 $5,550 $8,685 $5,425
Midtown, New York, NY $3,725 $4,095 $6,000 $5,500
NoMad, New York, NY $4,455 $5,275 $8,500 $5,530
SoHo, New York, NY $3,195 $4,675 $14,750 $5,800
Gramercy Park, New York, NY $3,500 $4,275 $5,395 $5,995
Tribeca, New York, NY $4,500 $5,313 $6,954 $6,750

Top Counties Near The Waterfront

County Studio 1BR 2BR All
Newark, NJ $1,950 $1,325 $1,800 $2,048
Bayonne, NJ $2,000 $1,800 $2,400 $2,262
North Bergen, NJ $1,975 $1,925 $3,100 $2,700
Jersey City, NJ $2,545 $2,531 $2,695 $2,750
West New York, NJ $2,500 $2,725 $2,738 $2,763
Fort Lee, NJ $1,600 $2,500 $3,100 $2,895
Union City, NJ $2,750 $2,900 $2,500 $2,950
Hoboken, NJ $3,300 $3,000 $4,000 $3,400
Brooklyn, New York, NY $3,381 $3,738 $3,650 $3,600
Manhattan, New York, NY $3,187 $3,995 $5,050 $4,200

Top Zipcodes Near The Waterfront

Zipcode Studio 1BR 2BR All
10280, New York, NY $3,340 $3,700 $5,700 $3,850
10014, New York, NY $3,585 $5,000 $5,600 $5,100
10006, New York, NY $3,025 $3,900 $5,690 $3,698
10013, New York, NY $3,350 $3,825 $5,995 $4,450
10007, New York, NY $4,700 $5,950 $6,913 $6,500
10005, New York, NY $3,387 $4,150 $6,045 $3,995
10012, New York, NY $2,995 $4,295 $4,995 $4,295
10038, New York, NY $3,117 $4,100 $5,775 $3,995
10011, New York, NY $3,400 $5,200 $6,295 $4,800
10003, New York, NY $3,500 $3,910 $5,395 $5,395
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