Cast Iron Lofts
300 Coles St,
Jersey City, NJ 07310
Studio - 3 Beds | $3,207 - $7,731
Rental Market Trends in Hoboken, NJ
What is the average rent in Hoboken, NJ?
$3,665/month
Average Rent
755 Sq Ft
Average Apartment Size
+2.9%
Increase in the Last Year
As of December 2024, the average rent in Hoboken, NJ is $3,665 per month. This is 135% higher than the national average rent price of $1,560/month, making Hoboken one of the most expensive cities in the US. When you rent an apartment in Hoboken, you can expect to pay about $2,885 per month for a studio, $3,665 for a one-bedroom apartment, and around $4,531 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $6,068 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 Hoboken, NJ?
In the past year, rent has increased by 2.9%, which averages out to $106 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 December 2024
Legend
2023
2024
Rent Ranges in Hoboken, NJ
Last Updated December 2024
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
Last Updated Today
What are the most affordable neighborhoods in Hoboken?
Based on current rent prices, Downtown Hoboken and Uptown 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, Uptown Hoboken and Downtown 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 $3,665, you’ll want to make about $12,216 per month or $146,592 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.
Studio
$2,914/month
$2,831/month
One Bedroom
$3,542/month
$3,792/month
Two Bedroom
$4,362/month
$4,678/month
Three Bedroom
$5,886/month
$6,226/month
Nearby City Rent Trends
Apartment communities in Hoboken we think you'll love
Property Management Companies in Hoboken, NJ
Greystar
-
3,191
Communities
-
884,510
Units
-
829
Cities
7 Communities in Hoboken
Bozzuto
-
353
Communities
-
108,493
Units
-
151
Cities
7 Communities in Hoboken
Ironstate Development Company
-
23
Communities
-
5,839
Units
-
7
Cities
7 Communities in Hoboken
BNE Real Estate Group
-
17
Communities
-
4,009
Units
-
14
Cities
2 Communities in Hoboken
LeFrak
-
11
Communities
-
14,717
Units
-
6
Cities
2 Communities in Hoboken
Willow Bridge
-
679
Communities
-
185,916
Units
-
311
Cities
1 Community in Hoboken
The NRP Group
-
61
Communities
-
16,248
Units
-
28
Cities
1 Community in Hoboken
Veris Residential, Inc.
-
16
Communities
-
6,342
Units
-
11
Cities
1 Community in Hoboken
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Methodology
† 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.
* Percentages may not total 100 due to rounding.