632 Newark
626 Newark Ave,
Jersey City, NJ 07306
$2,308 - $4,108
Studio - 2 Beds
Rental Market Trends in Jersey City, NJ
What is the average rent in Jersey City, NJ?
$3,210/month
Average Rent
709 Sq Ft
Average Apartment Size
+1.7%
Increase in the Last Year
As of September 2025, the average rent in Jersey City, NJ is $3,210 per month. This is 96% higher than the national average rent price of $1,640/month, making Jersey City one of the most expensive cities in the US. When you rent an apartment in Jersey City, you can expect to pay about $2,723 per month for a studio, $3,210 for a one-bedroom apartment, and around $4,238 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $5,101 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Jersey City, NJ?
In the past year, rent has increased by 1.7%, which averages out to $56 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated September 2025
Legend
2024
2025
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Jersey City?
Based on current rent prices, Centre Hill, The Hill and W Bergen-E Lincoln Park District are the most affordable neighborhoods in Jersey City.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Jersey City?
Based on current rent prices, Exchange Place North, Colgate Center and Powerhouse Arts District are the most expensive neighborhoods in Jersey City.
Neighborhood
Average Rent
Average Sq Ft
Which Jersey City neighborhoods have the most rentals available?
The neighborhoods in Jersey City with the most apartments available are Jersey City Waterfront, The Waterfront and Hudson Exchange .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Jersey City, NJ?
Because the average rent in Jersey City is $3,210, you’ll want to make about $10,700 per month or $128,400 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 Jersey City, NJ compare to other nearby cities and neighborhoods?
Use the tool below to compare Jersey City, 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.
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Nearby City Rent Trends
Apartment communities in Jersey City we think you'll love
Property Management Companies in Jersey City, NJ
Greystar
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3,377
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938,058
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866
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7 Communities in Jersey City
Bozzuto
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394
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119,938
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158
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The KRE Group
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24
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8,113
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18
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Ironstate Development Company
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17
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3,073
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4
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6 Communities in Jersey City
Veris Residential, Inc.
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13
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6,172
Units
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7
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5 Communities in Jersey City
Beachwold Residential
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61
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-
14,839
Units
-
42
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3 Communities in Jersey City
Tuli Realty
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23
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1,145
Units
-
13
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3 Communities in Jersey City
Rose Associates, Inc.
-
20
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5,571
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12
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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 September 2025.
* Percentages may not total 100 due to rounding.