Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hoboken area can be challenging. Home prices in Hoboken are now at a median cost of $763,017, higher than the New Jersey average of $388,929.
The average cost of rent is $2,510/mo in Hoboken, primarily driven by the current value of real estate in the Hoboken area. While nearly 19.31% of residents own their homes outright in Hoboken, 63.15% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hoboken is $13,614 per month. Households that rent pay about 18.44% of their income on rent here. Hoboken's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Union City, NJ: less expensive homes
- Weehawken, NJ: equally priced homes
- Jersey City, NJ: less expensive homes
- New York, NY: less expensive homes
- West New York, NJ: less expensive homes
- Secaucus, NJ: less expensive homes
- North Bergen, NJ: less expensive homes
- Guttenberg, NJ: less expensive homes
- Manhattan, NY: higher priced homes
- Fairview, NJ: less expensive homes
Cities with Similar Populations
- Blue Springs, MO: less expensive homes
- Bristol, CT: less expensive homes
- Lake Havasu City, AZ: less expensive homes
- Novato, CA: equally priced homes
- West Allis, WI: less expensive homes
- Novi, MI: less expensive homes
- Petersburg, VA: less expensive homes
- Phenix City, AL: less expensive homes
- Piscataway, NJ: less expensive homes
- Pontiac, MI: less expensive homes
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