Downtown Jersey City, Jersey City, NJ Rental Market Trends
Last updated: February 27, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Downtown Jersey City is $4,235, a 1.81% increase compared to the previous year, when the average rent was $4,160.
Studio Apartments at $3,181 offer the most budget-friendly option with 534 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 724 square feet for $3,819, balancing privacy and affordability.
Two-beedroom units at $5,136 offer 1,083 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,383 sq ft) for $6,286, suitable for larger households.
Average rent in Downtown Jersey City, Jersey City, NJ
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $4,235 | 836 sq. ft. |
| Studio | $3,181 | 534 sq. ft. |
| 1 Bed | $3,819 | 724 sq. ft. |
| 2 Beds | $5,136 | 1,083 sq. ft. |
| 3 Beds | $6,286 | 1,383 sq. ft. |
Downtown Jersey City, Jersey City, NJ rent trends
Rental prices in Downtown Jersey City, Jersey City, NJ have increased by 1.81% over the past year. The average rent moved from $4,160 to $4,235.
What's the typical rent budget in Downtown Jersey City, Jersey City, NJ?
The largest share of rentals in Downtown Jersey City, Jersey City, NJ (95%) 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 Downtown Jersey City, Jersey City, NJ?
24,260 or 80% of the households in Downtown Jersey City, Jersey City, NJ are renter-occupied while 6,223 or 20% are owner-occupied.
Most affordable neighborhoods in Downtown Jersey City?
South Greenville $1,731/month
Marion $1,924/month
St. Pete $2,033/month
All of these neighborhoods fall below the city wide average of $3,768/month.Most expensive neighborhoods in Downtown Jersey City?
Paulus Hook $4,364/month
Van Leer $4,425/month
Metro Plaza $4,458/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Jersey City, NJ By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Metro Plaza | $4,458 |
| Van Leer | $4,425 |
| Paulus Hook | $4,364 |
| Powerhouse | $4,329 |
| Gregory Park | $4,292 |
| Harborside | $4,255 |
| Newport | $4,200 |
| Liberty Harbor | $3,966 |
| Hamilton Park | $3,964 |
| Van Vorst Park | $3,927 |
| Waverly | $3,904 |
| Harsimus Cove | $3,700 |
| St. Joe's | $3,446 |
| Bergen Square | $3,213 |
| Communipaw - Lafayette | $2,860 |
| West Bergen | $2,690 |
| State College | $2,470 |
| St. Aedans | $2,327 |
| Bergen Hill | $2,262 |
| Jackson Hill | $2,256 |
| St. Pete | $2,033 |
| Marion | $1,924 |
| South Greenville | $1,731 |
Jersey City | Rent Comparison by Neighborhood
Rent in Bergen Hill is 30% lower than in Bergen Square
Bergen Hill rent is 47% lower than Jersey City average
Bergen Square rent is 24% lower than Jersey City average
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 Downtown Jersey City 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.