Affordable
Expensive
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These days, finding an affordable place to live in the The Waterfront area can be challenging. Home prices in The Waterfront are now at a median cost of $858,690, higher than the Jersey City average of $637,535.
The average cost of rent is $3,357/mo in The Waterfront, primarily driven by the current value of real estate in the The Waterfront area. In The Waterfront, 86.20% of households rent, and 36.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in The Waterfront is $17,036 per month. Households that rent pay about 19.71% of their income on rent here. The Waterfront’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Downtown Jersey City, Jersey City, NJ: equally priced homes
- Battery Park, Manhattan, NY: higher priced homes
- Tribeca, Manhattan, NY: higher priced homes
- West Village, Manhattan, NY: higher priced homes
- Soho, Manhattan, NY: higher priced homes
- The Heights, Jersey City, NJ: less expensive homes
- Journal Square, Jersey City, NJ: less expensive homes
- Financial District, Manhattan, NY: higher priced homes
- McGinley Square, Jersey City, NJ: less expensive homes
- Greenwich Village, Manhattan, NY: higher priced homes
Neighborhoods with Similar Populations
- Upper Vailsburg, Newark, NJ: less expensive homes
- Deep Creek North, Chesapeake, VA: less expensive homes
- Ditmas Park, Brooklyn, NY: higher priced homes
- Eads-Fisherville, Cordova, TN: less expensive homes
- Eldridge-West Oaks, Houston, TX: less expensive homes
- Fort Totten-Upper Northeast, Washington, DC: less expensive homes
- Sunrise, Las Vegas, NV: less expensive homes
- Taylor Ranch, Albuquerque, NM: less expensive homes
- Tule Springs, Las Vegas, NV: less expensive homes
- Airport, Honolulu, HI: less expensive homes
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