Housing
Home prices and rent in Jersey City
Median home values, rents and incomes from the U.S. Census Bureau, compared with New Jersey and the U.S.
Census geography: Jersey City city, New Jersey. These survey estimates are not current listing prices.
Jersey City vs. New Jersey and the U.S.
| Jersey City | New Jersey | U.S. | |
|---|---|---|---|
| Median home value | $566,900 | $454,400 | $332,700 |
| Median rent (monthly) | $2,007 | $1,720 | $1,413 |
| Median household income | $97,710 | $103,556 | $80,734 |
| Homes owned by occupants | 28% | 64% | 65% |
| Median year built | 1971 | 1970 | 1980 |
Ten years of change
| 2014 | 2019 | 2024 | |
|---|---|---|---|
| Median home value | $323,800 | $373,700 | $566,900 |
| Median rent (monthly) | $1,187 | $1,401 | $2,007 |
| Median household income | $58,907 | $70,752 | $97,710 |
Fair Market Rents (HUD, fiscal year 2027)
Jersey City, NJ HUD Metro FMR Area · Hudson County. HUD's payment benchmarks for housing programs: typical gross rent (rent plus utilities) for a recent mover, not a listing or an asking rent.
Large figures are the metro-area Fair Market Rent; green figures are the range across 7 Jersey City ZIP codes, where HUD sets Small Area Fair Market Rents.
Income limits (HUD, fiscal year 2026)
Area median family income: $110,100. Households at or under these incomes can qualify for many housing programs; check each program's own rules.
| Household size | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
|---|---|---|---|---|---|---|---|---|
| Low income (80%) | $82,550 | $94,350 | $106,150 | $117,900 | $127,350 | $136,800 | $146,200 | $155,650 |
| Very low income (50%) | $51,550 | $58,950 | $66,300 | $73,700 | $79,600 | $85,500 | $91,400 | $97,250 |
| Extremely low income (30%) | $30,950 | $35,400 | $39,800 | $44,200 | $47,750 | $51,300 | $54,850 | $58,350 |
Source: U.S. Department of Housing and Urban Development, Fair Market Rents and Income Limits, checked October 9, 2026.
Questions
What is the median home value in Jersey City?
$566,900, according to the Census Bureau’s 2024 American Community Survey (5-year estimates), compared with $454,400 in New Jersey and $332,700 nationally.
How much is rent in Jersey City?
Median gross rent (rent plus utilities) is $2,007 a month, versus $1,720 statewide.
How much have home values risen in Jersey City?
The median home value went from $323,800 in 2014 to $566,900 in 2024 (+75%).
What is fair market rent in Jersey City?
HUD's fiscal year 2027 Fair Market Rent for the Jersey City, NJ HUD Metro FMR Area is $2,462 for a studio, $2,514 for one bedroom and $2,792 for two bedrooms; across Jersey City's ZIP codes, two-bedroom values run $2,460 to $4,190. These are HUD program benchmarks, not asking rents.
Are these current market prices?
No. They are survey medians from the Census Bureau, based on a five-year survey period, so they lag today’s listings. They are the most consistent way to compare places and track change over time.
U.S. Census Bureau, American Community Survey 5-year estimates (2014, 2019, 2024), Jersey City city, New Jersey. Values are estimates with margins of error.