Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Downtown Jersey City area can be challenging. Home prices in Downtown Jersey City are now at a median cost of $781,944, higher than the Jersey City average of $506,227.
The average cost of rent is $2,630/mo in Downtown Jersey City, primarily driven by the current value of real estate in the Downtown Jersey City area. While nearly 20.70% of residents own their homes outright in Downtown Jersey City, 75.04% rent.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Jersey City is $13,128 per month. Households that rent pay about 20.03% of their income on rent here. Downtown Jersey City's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Nearby Neighborhoods
- The Waterfront, Jersey City, NJ: equally priced homes
- McGinley Square, Jersey City, NJ: less expensive homes
- Journal Square, Jersey City, NJ: less expensive homes
- Battery Park, Manhattan, NY: higher priced homes
- Bergen-Lafayette, Jersey City, NJ: less expensive homes
- The Heights, Jersey City, NJ: less expensive homes
- Tribeca, Manhattan, NY: higher priced homes
- Financial District, Manhattan, NY: higher priced homes
- Soho, Manhattan, NY: higher priced homes
- West Village, Manhattan, NY: higher priced homes
Neighborhoods with Similar Populations
- Southwestern Denver, Denver, CO: less expensive homes
- Greenpoint, Brooklyn, NY: higher priced homes
- Greenville, Jersey City, NJ: less expensive homes
- Mid City West, Los Angeles, CA: higher priced homes
- Midtown-Memphis, Memphis, TN: less expensive homes
- Mission Bay, San Diego, CA: less expensive homes
- North Arlington, Arlington, TX: less expensive homes
- Outer Sunset, San Francisco, CA: higher priced homes
- Oxford Circle, Philadelphia, PA: less expensive homes
- Ozone Park, Queens, NY: less expensive homes
All Local Stats
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