77 Park Avenue
77 Park Ave,
Hoboken, NJ 07030
Studio - 3 Beds | $3,669 - $6,731
Rental Market Trends in Hoboken, NJ
Updated July 2026
The average rent in Hoboken, NJ is $3,861/month.
Rent in Hoboken is 132% higher than the national average rent of $1,662/month, making this one of the more expensive cities statewide.
$3,861/month
Average Rent
746 Sq Ft
Average Size
+1.6%
Change / Year
1,497
Available Apartments
Hoboken rent varies by unit size and layout:
- Studio apartments in Hoboken average $3,123 per month.
- One-bedroom apartments in Hoboken average $3,861 per month.
- Two-bedroom apartments in Hoboken average $4,947 per month.
- Three-bedroom apartments in Hoboken average $6,528 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Hoboken, NJ?
In the past year, rent has increased by 1.6%, which averages out to $64 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Hoboken, NJ
July 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
2%
$1,001 - $1,500/month
11%
$1,501 - $2,000/month
87%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Hoboken?
Based on current rent prices, Uptown Hoboken and Downtown Hoboken" are the most affordable neighborhoods in Hoboken.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Hoboken?
Based on current rent prices, Downtown Hoboken and Uptown Hoboken" are the most expensive neighborhoods in Hoboken.
Neighborhood
Average Rent
Average Sq Ft
Which Hoboken neighborhoods have the most rentals available?
The neighborhoods in Hoboken with the most apartments available are Uptown Hoboken and Downtown Hoboken" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Hoboken, NJ?
Because the average rent in Hoboken is $3,861, you’ll want to make about $12,870 per month or $154,440 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Hoboken, NJ compare to other nearby cities and neighborhoods?
Use the tool below to compare Hoboken, NJ to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
View the Hoboken Area GuideStudio
$3,009/month
$3,131/month
One Bedroom
$3,993/month
$3,679/month
Two Bedroom
$5,126/month
$4,649/month
Three Bedroom
$6,726/month
$6,298/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Hoboken We Think You'll Love
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Frequently Asked Questions
What is the average rent in Hoboken?
The average rent in Hoboken is $3,861 per month, which is 132.3% higher than the national average of $1,662.
What is the average rent for a condo in Hoboken?
The average rent for a condo in Hoboken, NJ is $3,656 per month.
Are rents going up or down in Hoboken?
Rents in Hoboken, NJ are increasing, with prices up 1.6% year-over-year and $64 more per month.
What rent range is most common in Hoboken?
In Hoboken, NJ, 87% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.