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Average Rent in Hoboken, NJ & Rent Trends

Rent prices and market trends across 8 apartment communities in Hoboken, NJ. Updated daily.

Market Average

$4,098/mo

▼ 1.5% from last month

Lowest Available

$3,495/mo

cheapest unit on market

Communities

8

tracked daily

Units Listed

29

available now

Rent Watch: cuts and increases

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0 cuts and 0 increases among 2 comparable listings this week. Filter by bedrooms and budget, then inspect each building’s history.

Is Rent Going Up or Down in Hoboken, NJ?

As of October 2026, the average rent in Hoboken, NJ is $4,098 per month across 8 apartment communities and 29 available units. Rents have decreased $60 (1.5%) over the past month.

The most affordable option is 333 River Street Apartments starting at $3,495/mo. By unit type, a 1-bedroom averages $4,098/mo.

Prices range from $3,495 to $5,000 per month. The most common price point is the $4,000 range, where 7 units are currently listed.

Hoboken, NJ Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
July 2026 $4,604 - 7
August 2026 $4,612 +$8 7
September 2026 $4,679 +$67 8
October 2026 $4,524 -$155 8

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Rent Price Distribution

Rent by Bedroom Type in Hoboken, NJ

1 Bed
$4,098
from $3,495 · 29 units

Rent Prices by Apartment in Hoboken, NJ

Property Starting at Average Units Rating
333 River Street Apartments $3,495/mo $3,865/mo 4 4.5
Courtyard at Jefferson $3,640/mo $3,910/mo 7 4.9
Observer Park Apartments $3,643/mo $3,885/mo 3 4.3
Hudson Square North $3,720/mo $4,123/mo 3 4.2
Juliana Apartments $3,817/mo $4,023/mo 3 4.8
Avalon Hoboken $4,044/mo $4,367/mo 6 4.8
The Lexington Apartments $4,100/mo $4,100/mo 1 4.6

Frequently Asked Questions About Rent in Hoboken, NJ

What is the average rent in Hoboken, NJ?

The average rent in Hoboken, NJ is $4,098 per month as of October 2026, based on 29 units across 8 apartment communities.

Is rent going up or down in Hoboken, NJ?

Rent in Hoboken, NJ has decreased $60 (1.5%) over the past month. The current average is $4,098/mo.

What is the cheapest apartment in Hoboken, NJ?

The most affordable apartment in Hoboken, NJ is 333 River Street Apartments with units starting at $3,495/mo.

How much is a 1-bedroom apartment in Hoboken, NJ?

A 1-bedroom apartment in Hoboken, NJ averages $4,098/mo, with prices starting at $3,495/mo across 29 available units.

How many apartments are available in Hoboken, NJ?

There are 29 units available across 8 apartment communities in Hoboken, NJ.

What salary do I need to live comfortably in Hoboken, NJ?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$164,000/year

Based on the 30 percent rule, using our tracked average rent of $4,098/mo.

Comfortable income

$197,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($3,495/mo), you need to earn at least $140,000/year.

Median household income in Hoboken, NJ is $176,943 , about 10% below the comfortable-living threshold.

Cost of living in Hoboken, NJ

Overall prices in Hoboken, NJ runs above the national average by about 13% (BEA Regional Price Parity index 112.6, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Hoboken, NJ's regional price parities.

Category Monthly estimate
Rent (market average) $4,098
Utilities $644
Groceries $585
Transportation $1,534
Healthcare $748
Other goods and services $1,197
Estimated total $8,806/mo

Population

58,340

Median household income

$176,943

Census median rent

$2,819/mo

Census rent burden

23.5%

Median age

31.9

Mean commute

37 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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