Average Rent in Hoboken, NJ

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Current Versus Historical Hoboken, NJ Rents

Hoboken rentals average $0 for a studio rental to $4,124 for a 2-bedroom rental. The median price of all currently available listings is $3,693, or roughly $5 per square feet.

For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $370 (12.37%) year-over-year from $2,988 to $3,358. 1-bedroom rentals prices have increased by $423 (14.43%) year-over-year from $2,928 to $3,350. 2-bedroom rentals prices have increased by $104 (2.67%) year-over-year from $3,896 to $4,000. 3-bedroom rentals prices have increased by $383 (7.48%) year-over-year from $5,117 to $5,500. 4-bedroom rentals prices have decreased by $7,200 (-77.42%) year-over-year from $9,300 to $2,100. 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 5.95% this month. 1-bedroom rents have gone down by 0.98% this month. 2-bedroom rents have gone down by 8.70% this month. 3-bedroom rents have gone down by 0.30% this month. 4-bedroom rents have gone down by 0.00% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
2 BR	$4.00	$4,000	$3,896 (2.67%)	$3,599 (11.14%)

Historical Rents in Hoboken, NJ

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Hoboken

Let's compare Hoboken, NJ's rent against other top cities nearby by bedroom size.

City	Studio	1 Bed	2 Bed	All

Top Neighborhoods Near Hoboken

There are a total of 18 neighborhoods in or near Hoboken. Some of these neighborhoods include Bowery, Hell's Kitchen, and Financial District. 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 $5,323 per month. Meaning, only eighteen neighborhoods have a higher average rent than $5,323. Interestingly, the neighborhoods' average rent is higher than Hoboken's average rent, which is only $3,693. Out of all the neighborhoods in or near Hoboken, Bowery has the most affordable average rent at $3,931 per month. Whereas, at $9,500 average rent per month, SoHo is the most expensive neighborhood in or near Hoboken. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Bowery, New York, NY	$2,950	$3,499	$4,750	$3,931
Hell's Kitchen, New York, NY	$3,483	$3,995	$5,271	$4,195
Financial District, New York, NY	$3,450	$4,488	$6,350	$4,300
Hudson Yards, New York, NY	$3,607	$4,511	$6,790	$4,500
Midtown South, New York, NY	$3,750	$4,995	$6,000	$4,870
Greenwich Village, New York, NY	$4,100	$5,600	$7,900	$4,900
Two Bridges, New York, NY	N/A	$4,538	$4,788	$5,000
West Village, New York, NY	$4,000	$5,200	$6,750	$5,195
Little Italy, New York, NY	$3,250	$4,500	$5,200	$5,250
Chelsea, New York, NY	$3,925	$5,529	$8,073	$5,395
Gramercy Park, New York, NY	$3,690	$5,500	$4,995	$5,495
NoLita, New York, NY	$3,900	$3,900	$5,495	$5,495
NoMad, New York, NY	$4,328	$5,700	$8,006	$5,795
Flatiron District, New York, NY	$4,400	$5,900	$10,207	$5,900
Battery Park City, New York, NY	$3,987	$4,662	$8,500	$6,405
DUMBO, New York, NY	$3,700	$5,000	$7,295	$6,832
Tribeca, New York, NY	$4,625	$6,123	$8,691	$8,000
SoHo, New York, NY	$4,295	$6,079	$12,500	$9,500

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 2 zipcodes in or near Hoboken, NJ. The average rent for all of these zipcodes is $4,803.

The following chart includes the top 2 zipcodes in Hoboken, NJ. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
10023, New York, NY	$3,400	$4,899	$8,250	$4,855
10280, New York, NY	$3,828	$4,425	$6,800	$4,750

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 $3,693. 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 $0 and an average price per square feet of $0.00. There are a total of 1 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 $0 and an average price per square feet of $0.00. There are a total of 1 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 $4,124 and an average price per square feet of $4.00. There are a total of 2 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 0.12%, one bedroom rental prices have changed by 0.14%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by 0.07% year-over-year.

What is a reasonable rent price in Hoboken, NJ?

A reasonable rent price in Hoboken, NJ is around $2,954/month. You can search for these reasonably priced rental listings on RentHop.