Rental market snapshot for Journal Square, Jersey City
Journal Square rental market summary
The rental market in Journal Square, New Jersey is showing signs of growth. In July 2023, there were 215 new listings, a significant increase from the previous month. The median rent in July 2023 was $2,499, a 6.3% increase from the previous month and the same as the median rent in July 2022. This suggests that the rental market in Journal Square is becoming increasingly competitive, with more people looking to rent in the area.
Overall, the rental market in Journal Square is showing signs of growth and increasing competition. With more people looking to rent in the area, the median rent has increased from the previous month and the same as the median rent from the same time last year. This suggests that the rental market in Journal Square is becoming increasingly competitive, with more people looking to rent in the area.
Median rent for all residential properties in Journal Square
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The most expensive listings and top trending buildings in Journal Square
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
615 Pavonia Ave | $7,761 | 3 / 2.0 |
615 Pavonia Ave | $5,144 | 2 / 2.0 |
20 Cottage St | $5,000 | 3 / 2.5 |
28 Jones St | $5,000 | 4 / 2.0 |
198 Academy St | $4,500 | 1 / 1.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Greystar* | $3,508 |
Coldwell Banker Hoboken | $3,400 |
Zillow Rental Network Premium | $2,550 |
Tovaste Academy Rock LLC. | $2,448 |
Spring Property Management | $1,936 |
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Bedroom Breakdown in Journal Square
Journal Square neighborhood apartments rents
The rental market for studios in Journal Square, New Jersey is showing signs of growth. In July 2023, there were 11 new studio listings, with a median rent of $2,100, representing a 5.3% increase from the median rent of $1,995 in June 2023. This suggests that the rental market for studios in Journal Square is becoming increasingly competitive, with more people looking to rent in the area.
The rental market for 1-bedroom apartments in Journal Square, New Jersey is showing signs of growth. In July 2023, there were 14 new 1-bedroom listings, which is a 2.0% increase from the previous month. The median rent for 1-bedroom apartments in July 2023 was $2,450, which is a 2.0% decrease from the median rent in June 2023. This indicates that the rental market is becoming more competitive, with more options available for renters.
The rental market for 2-bedroom apartments in Journal Square, New Jersey is showing signs of growth. In July 2023, there were 3 new 2-bedroom listings, which is a 24.4% increase from the median rent in June 2023. The median rent for 2-bedroom apartments in July 2023 was $2,550, which is a significant decrease from the median rent in June 2023 of $3,375. This suggests that the rental market for 2-bedroom apartments in Journal Square is becoming more affordable and attractive to potential renters.