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Rental market trends in Hoboken, NJ

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Average Rent in Hoboken, NJ

Avg. RentAnnual Change
Studio - $3,763+39%
1 Bed - $3,050-8%
2 Beds - $4,052-1%
Last updated 3/21/2023

Average Apartment Cost in Hoboken, NJ

The average rent for apartments in Hoboken, NJ, is between $3,050 and $4,052 in 2023. For a studio apartment in Hoboken, NJ, the average rent is $3,763. When it comes to 1-bedroom apartments, the average rent in Hoboken, NJ, is $3,050. For a 2-bedroom apartment, the average rent is $4,052.

Apartment Rent Ranges in Hoboken, NJ

Apartment Prices

Neighborhood Apartment Rent Trends in Hoboken, NJ

NeighborhoodStudio Avg RentAnnual Change
Southeast Hoboken$3,863+14%
Maxwell Place$2,900--
North East Hoboken$2,200-23%
Washington Street$1,950--
Southwest Hoboken$1,500-42%

How Other Cities Compare to Hoboken, NJ

CityStudio Avg RentAnnual Change
New York$3,883+44%
Jersey City$3,227+11%
Long Island City$2,968-2%
North Bergen$2,895+12%

Hoboken, NJ Rent Trends

Neighborhood Information for Hoboken, NJ

What are the most affordable neighborhoods in Hoboken, NJ?

The most affordable neighborhoods in Hoboken are Washington Street, where the average 1-bedroom apartment rent goes for $2,400, Southeast Hoboken, where renters pay $2,820 on average for a 1-bedroom apartment, and Southwest Hoboken, where the average 1-bedroom apartment rent goes for $2,900. If you're looking for other great deals, check out the listings in North East Hoboken ($3,050 for a 1-bedroom apartment) or Maxwell Place ($3,050 for a 1-bedroom apartment), compared to the $3,050 average for a Hoboken 1-bedroom apartment.