Hoboken’s reputation is sleek, stylish, and sometimes a little spendy; affordable living isn’t off the table though! If you’re a commuter looking for a smooth, 15-minute ride into the Big Apple by PATH or a local who enjoys winding down by a Hudson River sunset on a budget, this guide highlights neighborhoods with perfect vibes that won’t wreck your wallet!
Average Rent in Hoboken, NJ
- Citywide average rent (1BR): ~$3,200/month
- Southwest Hoboken: ~$2,600/month
- Western Edge: ~$2,700/month
- Clinton Street Corridor: ~$2,750/month
- Midtown Hoboken: ~$2,800/month
- Castle Point: ~$2,850/month
Southwest Hoboken: Budget-Friendly Industrial-Residential Mix
Close to the Jersey border and the Holland Tunnel, this low-key-industrial-meets-residential area is walkable and offers easy access to the city. Southwest Hoboken is where the old-school Hoboken energy meets the city’s artsy future—converted warehouses, spacious lofts, and parking galore. It’s home to a few tucked away taco joints, to Mama Johnson Field, and to creatives and commuters alike!
Average rent (1BR): ~$2,600/month
Western Edge: Family-Friendly and Creative Vibe
The western boundary of the city, from 1st to 9th Street, is known for its family-friendly feel and room to grow—literally. This creative hotspot is known for being quiet, residential, and a little under the radar; nonetheless, the neighborhood is packed with studios and indie boutiques—where new developments meet an old-school vibe.
Average rent (1BR): ~$2,700/month
Clinton Street Corridor: Walkable, Community-Focused Living
Between Willow and Jackson streets is Clinton Street Corridor, perfect for renters who want to be near the action but not inside of it. In this neighborhood, you’ll find personalization and community in mom-and-pop gyms, family-owned cafes, and neighbors who are eager and willing to know your name. Extremely walkable, easy-going, and community centric, Clinton Street Corridor runs below the pricier Washington Street stretch—without sacrificing character or convenience.
Average rent (1BR): ~$2,750/month
Midtown Hoboken: Central, Quiet, and Historic
Just far enough from the hustle and bustle of nearby bar-lined blocks, Midtown Hoboken is a gentle mix of quiet charm and accessibility. While still in the heart of the city, renters in Midtown Hoboken can take peaceful strolls along tree-lined streets, complete with historic brownstones, and a farmers’ market at the end.
Average rent (1BR): ~$2,800/month
Castle Point: Student-Friendly Area with River Views
Castle Point is the collegiate hub of Hoboken. This little hillside gem is steps away from the Hudson, and home to Stevens Institute of Technology. Castle Point is full of beautiful views; the serene, green hills, riverfront paths, skyline views, and historical mansions make it a great pick for nature lovers, grad students, or anyone looking for beauty on a budget.
Average rent (1BR): ~$2,850/month
Hoboken may be small, but the personality of each neighborhood is anything but. If you’re looking for a low-key loft or waterfront serenity, Apartments.com is the perfect place to find the budget friendly nook with your name on it. Using Apartments.com tools, you can filter by price, take virtual tours, and find your perfect place in Hoboken.
