Most Affordable Neighborhoods in Jersey City, NJ
Some of the cheapest neighborhoods in Jersey City are West Side-Hudson, Bergen-Lafayette, and Hackensack River Waterfront. These neighborhoods offer some of the lowest rent prices in Jersey City, making them ideal for renters on a budget. As of November 29, 2024, the average rent in Jersey City is $3,102, which is 2.4% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
West Side-Hudson
Average Rent
$1,842/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
64/100
Units Available
7 Rentals
West Side-Hudson offers a friendly atmosphere close to Lincoln Park and the Hudson Mall. The area features convenient public transportation options, making commutes to other parts of Jersey City easy. Nature enthusiasts will appreciate the local parks and green spaces.
Bergen-Lafayette
Average Rent
$2,369/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
69/100
Units Available
52 Rentals
Bergen-Lafayette is known for its proximity to Liberty State Park. Residents can enjoy waterfront views and easy access to recreational activities. This neighborhood is continually developing, providing a mix of new and established amenities.
Hackensack River Waterfront
Average Rent
$2,460/Month
Year-Over-Year Rent Change
2.1%
TransitScore® Rating
62/100
Units Available
103 Rentals
Hackensack River Waterfront combines scenic river views with reasonably priced rental properties. The neighborhood's walkable pathways and parks offer outdoor activities for all ages. Proximity to shopping centers adds to the convenience for residents.
Greenville
Average Rent
$2,484/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
65/100
Units Available
64 Rentals
Greenville provides cost-effective living solutions with quick access to major highways and public transit. The area is dotted with local markets and eateries that cater to diverse tastes. Peaceful residential streets make it an appealing option for renters on a budget.
McGinley Square
Average Rent
$2,632/Month
Year-Over-Year Rent Change
4.8%
TransitScore® Rating
71/100
Units Available
145 Rentals
McGinley Square boasts a range of economical apartments near Saint Peter's University. The neighborhood offers an array of dining and shopping destinations along Bergen Avenue. It's a great choice for those seeking a budget-friendly rental with easy access to Downtown Jersey City as well as nearby New York City.
Journal Square
Average Rent
$3,097/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
79/100
Units Available
131 Rentals
Journal Square stands out for its affordable housing near the PATH station, connecting the neighborhood to nearby Manhattan. Journal Square is a hub for entertainment, shopping, and cultural experiences. Its strategic location makes it a popular choice among budget-conscious renters, located just two miles from Downtown Jersey City and 10 miles from New York City.
Liberty State Park
Average Rent
$3,493/Month
Year-Over-Year Rent Change
3.4%
TransitScore® Rating
64/100
Units Available
63 Rentals
Liberty State Park offers stunning views of the Manhattan skyline and a variety of rentals close to the park itself. The expansive green areas and waterfront walks are perfect for outdoor enthusiasts. Being near the iconic landmark park adds a unique appeal to the neighborhood.
SoHo West
Average Rent
$3,740/Month
Year-Over-Year Rent Change
2.1%
TransitScore® Rating
81/100
Units Available
67 Rentals
SoHo West is named for its location: south of Hoboken and west of New York. As one of Jersey City’s most popular neighborhoods, SoHo West began as an industrial area, and many of the buildings have been converted into lofts. The neighborhood enjoys a growing arts scene, with galleries and studios nearby.
Downtown Jersey City
Average Rent
$3,786/Month
Year-Over-Year Rent Change
3.6%
TransitScore® Rating
82/100
Units Available
198 Rentals
With its historic architecture, proximity to everything, and reasonably priced apartments, Downtown Jersey City is a terrific option for renters. The area features a variety of restaurants, shops, and cultural venues. Easy access to public transit options makes commuting easy across the city.
The Heights
Average Rent
$3,822/Month
Year-Over-Year Rent Change
1.6%
TransitScore® Rating
72/100
Units Available
143 Rentals
When you’re looking for a great Jersey City neighborhood on a budget, check out The Heights. The average rent is $3,822, compared to the city average of $3,102. Rent prices have decreased by 1.6%. The Heights is convenient to Hoboken Terminal, Laurel Hill Park, and Stevens Inst. of Technology. The community is walkable with a WalkScore® of 93.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.