Average Rent in The Waterfront, Jersey City, NJ

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Current Versus Historical The Waterfront, Jersey City, NJ Rents

The Waterfront rentals average $2,910 for a studio rental to $4,678 for a 2-bedroom rental. The median price of all currently available listings is $4,009, or roughly $4 per square feet.
For the apartment units and housing in February 2025, median rents have risen substantially over the last year. Studio rentals prices have decreased by $107 (-3.74%) year-over-year from $2,860 to $2,753. 1-bedroom rentals prices have increased by $837 (25.58%) year-over-year from $3,270 to $4,107. 2-bedroom rentals prices have increased by $471 (11.32%) year-over-year from $4,158 to $4,629. 3-bedroom rentals prices have increased by $215 (3.86%) year-over-year from $5,570 to $5,785. 4-bedroom rentals prices have increased by $400 (5.88%) year-over-year from $6,800 to $7,200. 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 0.92% this month. 1-bedroom rents have gone up by 6.83% this month. 2-bedroom rents have gone down by 0.47% this month. 3-bedroom rents have gone up by 0.21% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Feb 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $5.26 $2,753 $2,860 (-3.74%) $2,506 (9.84%)
1 BR $4.14 $4,107 $3,270 (25.58%) $2,970 (38.29%)
2 BR $4.30 $4,629 $4,158 (11.32%) $4,105 (12.76%)

Historical Rents in The Waterfront, Jersey City, NJ

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near The Waterfront

There are a total of 1 cities nearby The Waterfront. The average rent in The Waterfront is currently $4,280 per month. Our records show that New York, NY, with an average rent of $4,280, 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 $4,280 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 19.14% more affordable than other cities nearby. One bedrooms are about 6.01% more affordable. Two bedrooms in The Waterfront, Jersey City, NJ are about 15.45% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 1 cities near The Waterfront, Jersey City, NJ in the following chart.
City Studio 1 Bed 2 Bed All
New York, NY $3,467 $4,250 $5,400 $4,280

Top Neighborhoods Near The Waterfront

There are a total of 45 neighborhoods in or near The Waterfront. Some of these neighborhoods include Bowery, Clinton Hill, and Murray Hill. We've included the top 30 neighborhoods out of 45 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 $4,400 per month. A total of 12 neighborhoods have a lower average rent. Meaning, only eighteen neighborhoods have a higher average rent than $4,400. Interestingly, the neighborhoods' average rent is higher than The Waterfront's average rent, which is only $4,009. Out of all the neighborhoods in or near The Waterfront, Concourse Village has the most affordable average rent at $2,575 per month. Whereas, at $7,995 average rent per month, Tribeca is the most expensive neighborhood in or near The Waterfront. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Bowery, New York, NY $2,800 $3,450 $4,195 $3,450
Clinton Hill, New York, NY $3,300 $3,995 $4,995 $4,147
Murray Hill, New York, NY $3,400 $4,573 $6,500 $4,150
Little Italy, New York, NY $3,250 $4,250 $5,495 $4,250
Fort Greene, New York, NY $3,500 $4,595 $4,550 $4,250
Hell's Kitchen, New York, NY $3,420 $4,079 $5,858 $4,350
East Village, New York, NY $2,800 $3,795 $4,595 $4,400
Park Slope, New York, NY $4,100 $3,600 $4,400 $4,400
Financial District, New York, NY $3,525 $4,569 $6,467 $4,400
Downtown Brooklyn, New York, NY $3,383 $4,301 $5,926 $4,400
Kips Bay, New York, NY $3,788 $3,995 $5,365 $4,580
Midtown South, New York, NY $3,955 $4,850 $7,426 $4,590
NoLita, New York, NY N/A $4,695 $5,695 $4,695
Hudson Yards, New York, NY $3,750 $4,795 $7,075 $4,800
Brooklyn Heights, New York, NY $3,572 $4,390 $11,250 $4,800
Greenpoint, New York, NY $3,613 $4,445 $6,000 $4,985
Midtown East, New York, NY $3,500 $4,550 $6,075 $4,995
Lower East Side, New York, NY $3,100 $3,204 $4,995 $4,995
Midtown, New York, NY $3,675 $4,629 $6,900 $5,000
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,047 $6,215 $5,120
Chelsea, New York, NY $3,950 $5,535 $7,633 $5,149
Carroll Gardens, New York, NY $2,800 $3,425 $5,500 $5,500
West Village, New York, NY $4,900 $5,500 $6,498 $5,500
Flatiron District, New York, NY $4,525 $5,600 $9,500 $5,600
Greenwich Village, New York, NY $3,498 $5,650 $7,395 $5,650
NoMad, New York, NY $4,432 $5,675 $8,778 $5,675
Gramercy Park, New York, NY $3,635 $5,593 $5,495 $5,700
Battery Park City, New York, NY $3,927 $5,260 $8,995 $6,000
SoHo, New York, NY $3,195 $5,000 $13,500 $7,500
Tribeca, New York, NY $4,510 $6,925 $8,500 $7,995

Top Counties Near The Waterfront

There are a total of 45 counties located by The Waterfront, Jersey City, NJ. The average rent for rentals in these counties is $4,237. That's roughly around $6 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Brooklyn, New York, NY. It's average rent per month is $3,879. Vice versa, with an average rent of $4,595, Manhattan, New York, NY is the most expensive county by The Waterfront, Jersey City, NJ.

Typically, rent for studios in The Waterfront, Jersey City, NJ is 19.42% more affordable than other counties nearby. In comparison, rent for one bedroom listings in The Waterfront, Jersey City, NJ is 3.45% more affordable than other counties nearby. Finally, rent for two bedrooms in The Waterfront, Jersey City, NJ is 7.91% 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 $3,450 $3,800 $4,200 $3,879
Manhattan, New York, NY $3,500 $4,495 $5,895 $4,595

Top Zipcodes Near The Waterfront

There are a total of 3 zipcodes in or near The Waterfront, Jersey City, NJ. The average rent for all of these zipcodes is $3,800. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 10035, New York, NY at $2,977 per month. In comparison, the zipcode with the most expensive average rent of $4,650 per month is 10023, New York, NY.

Studios in these zipcodes have an average rent of $3,343. That's at least $8 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near The Waterfront, Jersey City, NJ is $4,000 per month. Or in other words, $7 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,620 per month. Which comes out to $7 per sqft. The following chart includes the top 3 zipcodes in The Waterfront, Jersey City, 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 $3,343 $4,999 $8,025 $4,650
10128, New York, NY $3,350 $4,000 $5,620 $3,800
10035, New York, NY $2,299 $2,822 $3,150 $2,977

Frequently Asked Questions - The Waterfront Average Rents

What is the average rent price in The Waterfront, Jersey City, NJ?
The average monthly rental price for The Waterfront, Jersey City, NJ apartments for rent is approximately $4,009. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do The Waterfront, 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 The Waterfront, Jersey City, NJ.
How much is a studio apartment in The Waterfront, Jersey City, NJ?
The average monthly rental price for studio apartments is $2,910 and an average price per square feet of $5.26. There are a total of 2 studio apartment listings currently available for rent in The Waterfront.
How much is a one bedroom apartment in The Waterfront, Jersey City, NJ?
The average monthly rental price for one bedroom apartments is $4,009 and an average price per square feet of $4.14. There are a total of 4 one bedroom apartment listings currently available for rent in The Waterfront.
How much is a two bedroom apartment in The Waterfront, Jersey City, NJ?
The average monthly rental price for two bedroom apartments is $4,678 and an average price per square feet of $4.30. There are a total of 2 two bedroom apartment listings currently available for rent in The Waterfront.
How have rent prices in The Waterfront, Jersey City, NJ changed this year?
Rent prices for rentals in The Waterfront, Jersey City, NJ can fluctuate yearly. Specifically, studio rental prices have changed by -0.04%, one bedroom rental prices have changed by 0.26%, two bedroom rental prices have changed by 0.11%, and three bedroom rental prices have changed by 0.04% year-over-year.
What is a reasonable rent price in The Waterfront, Jersey City, NJ?
A reasonable rent price in The Waterfront, Jersey City, NJ is around $3,207/month. You can search for these reasonably priced rental listings on RentHop.
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