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City · 58,668 residents · Hudson County, New Jersey

Hoboken , New Jersey

In Hoboken, a typical home is worth $895,100 and typical rent is $2,938 a month. Compared with all of Hudson County, typical household income is 97% higher and the typical home value is 66% higher.

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  • Typical home value

    $895,100

    66% above the county

    97% above New Jersey

    • Hoboken
    • Hudson
    • New Jersey

  • Typical rent

    $2,938a month

    55% above the county

    71% above New Jersey

    • Hoboken
    • Hudson
    • New Jersey

  • Typical household income

    $180,579a year

    97% above the county

    74% above New Jersey

    • Hoboken
    • Hudson
    • New Jersey

  • Households that own their home

    34%

    3 points above the county

    30 points below New Jersey

    • Hoboken
    • Hudson
    • New Jersey

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$894,141
5.1% more than 12 months ago
Typical rent
$4,005 a month
3.8% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Hoboken is in Hudson County. The FHA loan limit ($1,249,125 for a one-unit home), the fair market rents and the help on this page are those of all of Hudson County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Hoboken apart

What this place has that others do not, from public data, most unusual first.

  1. The typical household income in Hoboken is $180,579, 97% more than in Hudson County as a whole ($91,795).

  2. The typical home in Hoboken is worth $895,100, 66% more than in Hudson County as a whole ($539,700).

  3. Nearby, in Guttenberg, the typical home value is $379,000: 58% less than in Hoboken ($895,100).

  4. The typical rent in Hoboken is $2,938 a month, 55% more than in Hudson County as a whole ($1,894).

  5. Nearby, in Union City, the typical rent is $1,537: 48% less than in Hoboken ($2,938).

  6. Hoboken has the 12th smallest share of rent-burdened renters of the 249 cities in New Jersey with more than 5,000 people (33%).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Hoboken

What homes there are in Hoboken, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In Hoboken, the apartment is the most common kind of home: 79%, against 53% in Hudson County.

Year built

Homes in Hoboken are newer: the typical year built is 1977; in Hudson County, 1966.

Homes in Hoboken are smaller: 17% have 3 bedrooms or more; in Hudson County, 28%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

About 47% of rented homes in Hoboken cost less than HUD's 2-bedroom fair market rent for Hudson County ($2,792); the rest cost more.

Owners with a mortgage

77%

Hudson County: 66%

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Hoboken rose 24% since 2015–2019, less than in Hudson County (43%).

Rents in Hoboken rose more slowly than in Hudson County: 27% since 2015–2019, against 36%.

The typical household income in Hoboken rose 22% over that time; home values changed +24% and rent +27%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureHobokenHudson CountyNew JerseyUnited States
Rental vacancy 5.1%4.4%3.5%5.5%
Homeowner vacancy Unreliable estimate1.4%0.7%0.9%
More than one person per room 3.3%7.9%4.0%3.4%
People per household 2.022.372.622.53
Drive alone 16%33%62%69%
Carpool 1%6%8%9%
Public transit 37%31%8%3%
Walk or bike 8%7%3%3%
Work from home 37%21%17%15%
Other means 1%2%2%2%
Typical commute Unreliable estimate30 to 39 minutes20 to 29 minutes20 to 29 minutes

Much as in Hudson County, the rental vacancy rate in Hoboken is 5.1%.

In Hoboken, 3.3% of households live with more than one person per room, against 7.9% in Hudson County.

On average, a household in Hoboken has 2.02 people, fewer than in Hudson County (2.37).

Working from home is more common in Hoboken: 37%, against 21% in Hudson County.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Hoboken?

A typical home costs more than the typical income allows

We start with a typical home in Hoboken, worth $895,100, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 51% of the typical household income in Hoboken, which is $180,579 a year. For that payment to be 28% of income, a household would need to earn about $330,091 a year.

The calculator's FHA and conventional loan limits are those of all of Hudson County.

Your numbers

Local data
$

Starts at the typical home value in Hoboken. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $31,329 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$7,702

at 7.18% · 30 years

Loan amount
$878,887
Total interest
$1,264,512
Paid off in
November 2056

Includes $15,116 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $4,214 a month

  • Tight

    $4,214 to $5,417 a month

  • Hard

    more than $5,417 a month

    Your payment · 51%

Compared with the typical household income in Hoboken ($180,579 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$7,702
Principal & interest$5,954
Property tax$835
Home insurance$373
FHA mortgage insurance (MIP)$540

You need at least $31,329 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Hoboken and Hudson County

Hoboken is in Hudson County, New Jersey. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Hoboken's own numbers

Typical home value
$895,100
Typical monthly rent
$2,938
Typical yearly household income
$180,579
Households that own their home
34%
Effective property tax rate
1.12%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Hudson County

FHA limit, one-unit home
$1,249,125
Conventional limit, one unit
$1,209,750
HUD fair market rent, 2 bedrooms
$2,792
Price change over 5 years (FHFA)
+48%
Homes in a high flood-risk zone
15%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Hudson County.

Everything about Hudson County

Buying

Buying a home in Hoboken

A typical home in Hoboken is worth $895,100: 66% above the county and 97% above New Jersey. With the typical household income in Hoboken ($180,579 a year), a typical home costs 5.0 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Hoboken 5.0 years
  • Hudson 5.9 years
  • New Jersey 4.4 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Hudson County

According to FHFA’s house price index, home prices in Hudson County rose 107% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Hudson County.

Period County New Jersey U.S.
Last year (2025) +9.6% +6.2% +2.9%
5 years (2020–2025) +48% +63% +47%
10 years (2015–2025) +107% +88% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Hoboken next to Hudson County, New Jersey and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Hoboken $895,100
  • Hudson $539,700
  • New Jersey $454,400
  • United States $332,700
Typical monthly rent
  • Hoboken $2,938
  • Hudson $1,894
  • New Jersey $1,720
  • United States $1,413
Typical yearly household income
  • Hoboken $180,579
  • Hudson $91,795
  • New Jersey $103,556
  • United States $80,734
See the full table
Hoboken next to Hudson County and New Jersey
Measure Hoboken Hudson County New Jersey U.S.
Typical home value $895,100 $539,700 $454,400 $332,700
Typical monthly rent $2,938 $1,894 $1,720 $1,413
Typical yearly household income $180,579 $91,795 $103,556 $80,734
Households that own their home 34% 31% 64% 65%
Typical yearly property tax $10,001 $9,555 $9,590 $3,119
Effective property tax rate 1.12% 1.77% 2.11% 0.94%
Renters with high rent for their income 33% 46% 52% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Hudson County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Hoboken

For a typical $895,100 home in Hoboken, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Hoboken's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $7,702a month

    Least cash to close
    Down payment
    $31,329
    Cash to close
    $58,182
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $540

  • Conventional, 5% down $7,394a month

    Down payment
    $44,755
    Cash to close
    $71,608
    Rate
    7.18%
    Mortgage insurance
    PMI · $425

  • Conventional, 20% down, no PMI $6,059a month

    Down payment
    $179,020
    Cash to close
    $205,873
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $6,887a month

    Down payment
    $134,265
    Cash to close
    $161,118
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Hoboken and for Hudson County.

Property tax

Effective rate in Hoboken

1.12%of the home’s value each year

$10,001 a year for the typical owner in Hoboken.

  • Hoboken 1.12%
  • Hudson 1.77%
  • New Jersey 2.11%

What New Jersey publishes ANCHOR, Senior Freeze and Stay NJ: one combined application (New Jersey Division of Taxation)

Exemptions and deadlines in New Jersey

Flood risk in Hudson County

FEMA does not publish these numbers by city: they are for all of Hudson County.

Homes in the high-risk zone
15%
13,150
Of those, with NFIP insurance
18%
County New Jersey U.S.
Homes in the high-risk zone 15% 6.7% 3.5%
Of those, with NFIP insurance 18% 63% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Hoboken

Typical rent in Hoboken is $2,938 a month: 55% above the county. In Hoboken, 33% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Hudson County, by unit size. To pay the 2-bedroom one ($2,792 a month) without spending more than 30% of your income, you would need to earn $53.69 an hour working full time.

HUD fair market rent for all of Hudson County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $2,462 $47.35 $98,480
1 bedroom $2,514 $48.35 $100,560
2 bedrooms $2,792 $53.69 $111,680
3 bedrooms $3,392 $65.23 $135,680
4 bedrooms $3,976 $76.46 $159,040

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Hoboken

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Hoboken is in ZIP code 07030.

For 2 bedrooms it is $4,190: $1,398 more than the fair market rent for Hudson County ($2,792).

  • 07030 $4,190$5,090

A ZIP code counts for Hoboken when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Hoboken

HUD lists 18 buildings with rents for lower incomes in Hoboken. These are the largest.

  • Andrew Jackson GRDNS 300 Marshall Dr, Hoboken 07030 598 homes, 597 low-income · Run by Hoboken Housing Authority · Average payment: $562 a month · Average wait: 8 months (201) 798-0370
  • Monroe & Adams GRDNS 221 Jackson St, Hoboken 07030 250 low-income homes · Run by Hoboken Housing Authority · Average payment: $456 a month · Average wait: 28 months (201) 798-0370
  • Harrison GRDNS 311 Harrison St, Hoboken 07030 209 homes, 208 low-income · Run by Hoboken Housing Authority · Average payment: $549 a month · Average wait: 27 months (201) 798-0370
  • Marian Towers 400 1st St, Hoboken 154 low-income homes · In service since 2002
  • Marian Towers 400 1st St, Hoboken 07030 154 homes, 148 low-income · For older adults

See all 207 buildings in Hudson County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Hoboken

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 2 HUD-approved agencies with an office in Hudson County; 1 says it serves in Spanish.

An older woman smiles in front of her apartment building.

HUD counseling is free or low-cost

Assistance programs in Hoboken

No down payment, repair or rent-help program on our list is for Hoboken or Hudson County. The ones below are statewide in New Jersey: they work in Hoboken the same as in the rest of the state.

Which programs do I qualify for? All programs in New Jersey

Housing counselors near Hoboken

The HUD-approved agencies closest to the center of Hoboken, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • North Hudson Community Action Corporation

    407 39th St Apt 2, Union City · 2 miles away

    • Budget and credit workshops
    • Fair housing pre-purchase workshops
    • and 5 more
    (201) 210-0100

  • The Waterfront Project, Inc.

    830 Bergen Ave., Jersey City · 2 miles away · Spanish

    Also serves in Arabic, Cambodian, Cantonese, Mandarin Chinese, and 17 more languages.

    • Mortgage delinquency and default
    • Rental counseling
    • and 1 more
    (551) 256-7578

  • NSC (naca Counseling Subsidiary) - Newark, NJ

    60 Park Pl Ste 800, Newark · 7 miles away · Spanish

    Also serves in other languages.

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (973) 679-2601

Every agency in Hudson County All counseling agencies in New Jersey

Help in Spanish near Hoboken

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Hoboken

HUD’s record names them for Hoboken or Hudson County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Hoboken Housing Authority Public housing and Section 8 vouchers (201) 798-0370

9 other authorities have an office in Hudson County: see the list Source: HUD

Cities

Other cities in Hudson County

These cities are also in Hudson County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Hudson County Housing in New Jersey

Nearby cities

The cities closest to Hoboken, with the typical home value.

Neighboring counties

If Hudson County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Hoboken.

All guides
A mother holds hands with her two daughters on the beach at sunset.

Questions

Housing questions about Hoboken

Short answers with the numbers for Hoboken and all of Hudson County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Hoboken?

The typical home value in Hoboken is $895,100, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Hudson County it is $539,700.

How much does it cost to rent in Hoboken?

Typical rent in Hoboken is $2,938 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Hudson County is $2,792.

What is the FHA loan limit in Hoboken?

Hoboken uses the FHA limit for all of Hudson County (2026): $1,249,125 for a one-unit home and $2,402,625 for a four-unit home.

How much property tax do owners pay in Hoboken?

The typical homeowner in Hoboken pays $10,001 a year, according to the U.S. Census Bureau. That is 1.12% of the home’s value; in Hudson County, the rate is 1.77%.

Where can I find free help to buy or rent in Hoboken?

There are 2 HUD-approved counseling agencies with an office in Hudson County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).