Hoboken, NJ Rental Market Trends
Last updated: February 18, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Hoboken is $4,560, a 2.34% increase compared to the previous year, when the average rent was $4,456.
Studio Apartments at $3,550 offer the most budget-friendly option with 570 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 762 square feet for $3,871, balancing privacy and affordability.
Two-beedroom units at $4,731 offer 1,056 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,290 sq ft) for $6,220, suitable for larger households.
Average rent in Hoboken, NJ
Last updated: February 18, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $4,560 | 965 sq. ft. |
| Studio | $3,550 | 570 sq. ft. |
| 1 Bed | $3,871 | 762 sq. ft. |
| 2 Beds | $4,731 | 1,056 sq. ft. |
| 3 Beds | $6,220 | 1,290 sq. ft. |
Hoboken, NJ rent trends
Rental prices in Hoboken, NJ have increased by 2.34% over the past year. The average rent moved from $4,456 to $4,560.
What's the typical rent budget in Hoboken, NJ?
The largest share of rentals in Hoboken, NJ (93%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Hoboken, NJ?
18,233 or 66% of the households in Hoboken, NJ are renter-occupied while 9,421 or 34% are owner-occupied.
How Hoboken Compares to Other Cities
| City | Average Rent |
|---|---|
| Hoboken | $4,560 |
| Jersey City | $3,768 |
| Jersey Shore | $2,153 |
| Newark | $1,706 |
| Bayonne | $2,585 |
| East Orange | $1,849 |
| Elizabeth | $1,854 |
| Summit | $2,862 |
| Long Branch | $2,563 |
| Paterson | $1,705 |
| Camden | $1,418 |
| New York City | $5,227 |
| Manhattan, NY | $5,524 |
| Brooklyn, NY | $4,351 |
| Queens, NY | $4,401 |
| Englewood, NJ | $2,958 |
| Hackensack, NJ | $2,566 |
| Passaic, NJ | $1,916 |
| Garfield, NJ | $2,190 |
| Union City, NJ | $2,179 |
| Clifton, NJ | $2,193 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Hoboken apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.