Average Rent in Jersey City, NJ

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Current Versus Historical Jersey City, NJ Rents

Jersey City rentals average $3,067 for a 1-bedroom rental to $4,150 for a 3-bedroom rental. The median price of all currently available listings is $3,067, or roughly $4 per square feet.

For the apartment units and housing in December 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $98 (-4.61%) year-over-year from $2,133 to $2,035. 1-bedroom rentals prices have increased by $485 (22.00%) year-over-year from $2,205 to $2,690. 2-bedroom rentals prices have increased by $791 (29.30%) year-over-year from $2,699 to $3,490. 3-bedroom rentals prices have increased by $68 (2.47%) year-over-year from $2,733 to $2,800. 4-bedroom rentals prices have increased by $401 (11.14%) year-over-year from $3,599 to $4,000. 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 down by 10.95% this month. 1-bedroom rents have gone down by 2.02% this month. 2-bedroom rents have gone down by 5.00% this month. 3-bedroom rents have gone down by 21.46% this month. 4-bedroom rents have gone down by 3.81% this month.

Beds	Price / Sqft	Dec 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$4.05	$2,690	$2,205 (22.00%)	$1,495 (79.93%)
2 BR	$5.06	$3,490	$2,699 (29.30%)	$1,766 (97.58%)
3 BR	$3.24	$2,800	$2,733 (2.47%)	$1,916 (46.11%)

Historical Rents in Jersey City, NJ

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Jersey City

There are a total of 1 cities nearby Jersey City. The average rent in Jersey City is currently $4,200 per month. Our records show that New York, NY, with an average rent of $4,200, 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 $4,200 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 inf% more affordable than other cities nearby. One bedrooms are about 35.47% more affordable. Two bedrooms in Jersey City, NJ are about 54.23% more affordable. Finally, rent for three bedrooms are about 32.41% more affordable. Want more information? Check out the top 1 cities near Jersey City, NJ in the following chart.

City	Studio	1 Bed	2 Bed	All
New York, NY	$3,402	$4,155	$5,000	$4,200

Top Neighborhoods Near Jersey City

There are a total of 46 neighborhoods in or near Jersey City. Some of these neighborhoods include Flatbush, East Harlem, and Bedford-Stuyvesant. We've included the top 30 neighborhoods out of 46 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 $4,495 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only twenty-eight neighborhoods have a higher average rent than $4,495. Interestingly, the neighborhoods' average rent is higher than Jersey City's average rent, which is only $3,067. Out of all the neighborhoods in or near Jersey City, Washington Heights has the most affordable average rent at $2,800 per month. Whereas, at $12,000 average rent per month, SoHo is the most expensive neighborhood in or near Jersey City. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Flatbush, New York, NY	$2,556	$2,715	$3,099	$2,987
East Harlem, New York, NY	$2,450	$2,900	$3,195	$3,200
Bedford-Stuyvesant, New York, NY	$2,500	$2,850	$3,100	$3,200
Harlem, New York, NY	$2,575	$2,850	$3,195	$3,399
Central Harlem, New York, NY	$2,650	$2,827	$3,200	$3,400
Crown Heights, New York, NY	$2,657	$2,948	$4,026	$3,499
West Harlem, New York, NY	$2,550	$2,850	$2,995	$3,535
Long Island City, New York, NY	$3,282	$3,750	$5,733	$3,900
Murray Hill, New York, NY	$3,325	$4,150	$6,500	$3,900
Upper East Side, New York, NY	$3,338	$4,052	$5,000	$4,000
Hell's Kitchen, New York, NY	$3,440	$4,060	$5,178	$4,180
Financial District, New York, NY	$3,471	$4,450	$6,150	$4,219
Downtown Brooklyn, New York, NY	$3,425	$4,125	$5,725	$4,307
Prospect Heights, New York, NY	$3,565	$4,403	$5,200	$4,322
NoLita, New York, NY	$9,848	$3,900	$5,495	$4,445
Kips Bay, New York, NY	$3,658	$4,185	$5,505	$4,495
East Village, New York, NY	$2,995	$3,850	$4,495	$4,495
Midtown East, New York, NY	$3,325	$4,460	$6,075	$4,525
Hudson Yards, New York, NY	$3,490	$4,490	$6,495	$4,650
Williamsburg, New York, NY	$3,821	$4,600	$4,941	$4,690
Lower East Side, New York, NY	$3,413	$4,623	$4,750	$4,750
Upper West Side, New York, NY	$2,970	$4,450	$6,955	$4,850
West Village, New York, NY	$4,550	$4,950	$6,650	$4,950
Little Italy, New York, NY	$3,250	$4,225	$4,850	$5,000
Gramercy Park, New York, NY	$3,750	$5,295	$5,119	$5,147
Midtown, New York, NY	$3,639	$4,382	$6,750	$5,265
Chelsea, New York, NY	$3,825	$5,497	$7,500	$5,320
Greenwich Village, New York, NY	$4,000	$6,150	$6,130	$5,400
NoMad, New York, NY	$4,328	$5,686	$8,200	$5,686
Tribeca, New York, NY	$4,552	$5,891	$8,566	$7,848

Top Counties Near Jersey City

There are a total of 46 counties located by Jersey City, NJ. The average rent for rentals in these counties is $4,185. That's roughly around $6 per sqft. The county that is the most affordable is Brooklyn, New York, NY. It's average rent per month is $3,875. Vice versa, with an average rent of $4,495, Manhattan, New York, NY is the most expensive county by Jersey City, NJ.

Typically, rent for studios in Jersey City, NJ is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Jersey City, NJ is 31.00% more affordable than other counties nearby. Finally, rent for two bedrooms in Jersey City, NJ is 52.68% more affordable than other counties nearby. We've listed the top 2 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Brooklyn, New York, NY	$3,400	$3,641	$4,200	$3,875
Manhattan, New York, NY	$3,475	$4,395	$5,700	$4,495

Top Zipcodes Near Jersey City

There are a total of 3 zipcodes in or near Jersey City, NJ. The average rent for all of these zipcodes is $3,915.

The following chart includes the top 3 zipcodes in Jersey City, NJ. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
10128, New York, NY	$3,350	$4,095	$5,685	$3,915
10023, New York, NY	$3,000	$4,595	$8,100	$4,850
10035, New York, NY	$2,250	$2,702	$3,292	$2,957

Frequently Asked Questions - Jersey City Average Rents

What is the average rent price in Jersey City, NJ?

The average monthly rental price for Jersey City, NJ apartments for rent is approximately $3,067. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Jersey City, 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 Jersey City, NJ.

How much is a studio apartment in Jersey City, 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 0 studio apartment listings currently available for rent in Jersey City.

How much is a one bedroom apartment in Jersey City, NJ?

The average monthly rental price for one bedroom apartments is $3,067 and an average price per square feet of $4.05. There are a total of 7 one bedroom apartment listings currently available for rent in Jersey City.

How much is a two bedroom apartment in Jersey City, NJ?

The average monthly rental price for two bedroom apartments is $3,242 and an average price per square feet of $5.06. There are a total of 4 two bedroom apartment listings currently available for rent in Jersey City.

How have rent prices in Jersey City, NJ changed this year?

Rent prices for rentals in Jersey City, NJ can fluctuate yearly. Specifically, studio rental prices have changed by -0.05%, one bedroom rental prices have changed by 0.22%, two bedroom rental prices have changed by 0.29%, and three bedroom rental prices have changed by 0.02% year-over-year.

What is a reasonable rent price in Jersey City, NJ?

A reasonable rent price in Jersey City, NJ is around $2,454/month. You can search for these reasonably priced rental listings on RentHop.