The rental market in Hoboken, NJ is an attractive option for those looking for a city with lots of amenities, culture, and convenience. The city has a vibrant mix of neighborhoods with varied rental prices, making it a popular choice among renters.
Hoboken is located in Hudson County, New Jersey, and offers easy access to Manhattan and other parts of the tri-state area. The city is known for its vibrant nightlife, restaurants, and shops, and is home to a variety of museums, galleries, and cultural venues. The waterfront area is a popular spot for outdoor activities, including strolling along the Hudson River Walkway.
In terms of schools, Hoboken is served by the Hoboken Public Schools district, which includes seven elementary schools, two middle schools, and one high school. The district also offers a variety of magnet and charter school options. The city is also home to a number of private schools, from preschools to high schools.
Hoboken is comprised of several distinct neighborhoods, each with its own unique character. Uptown Hoboken is known for its historic brownstone buildings, while the waterfront area (which includes the popular Maxwell Place Park) has a more modern, high-rise feel.
The average rental price of an apartment in Hoboken, NJ is $2,867 per month. The average rental price of a townhouse in Hoboken, NJ is $3,912 per month. The average rental price of a condo in Hoboken, NJ is $3,788 per month. The average rental price of a loft in Hoboken, NJ is $2,867 per month. The average rental price of a single family home in Hoboken, NJ is $5,145 per month.
Rental prices in Hoboken, NJ have increased significantly over the last 5 years. According to Zillow, the median rent for a one-bedroom apartment in Hoboken was $2,425 in January of 2020, up from $2,100 in January of 2016. The median rent for a two-bedroom apartment was $3,200 in January of 2020, up from $2,600 in January of 2016. These represent year-over-year increases of 16% and 23%, respectively.
The median rental prices for 1-bedroom, 2-bedroom, and 3-bedroom apartments in Hoboken, NJ as of April 2020 are $2,200, $2,875, and $3,450, respectively.
Hoboken, NJ is an affluent city in the northeastern United States, and its school district ranks highly compared to other school districts across the United States. According to the Niche 2021 Best School Districts ranking, the Hoboken public school district is ranked #2 in the state of New Jersey and #160 nationally. The district has a graduation rate of 92% which is higher than the national average of 84%. In addition, Hoboken schools have an average student-teacher ratio of 13:1 which is lower than the national average of 16:1. Furthermore, the district has an average SAT score of 1245, which is significantly higher than the national average of 1059. Overall, Hoboken schools are among the best in the nation, with high graduation rates and excellent educational resources.
1. Downtown Hoboken
2. Uptown Hoboken
3. The Waterfront
4. The Village
5. Maxwell Place
1. Waterfront
2. Uptown
3. Maxwell Place
4. Castle Point
5. Elysian Park