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City · 294,078 residents · Hudson County, New Jersey

Jersey City , New Jersey

In Jersey City, a typical home is worth $566,900 and typical rent is $2,007 a month. Compared with all of Hudson County, typical household income is 6% higher and typical rent is 6% higher.

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  • Typical home value

    $566,900

    5% above the county

    25% above New Jersey

    • Jersey City
    • Hudson
    • New Jersey

  • Typical rent

    $2,007a month

    6% above the county

    17% above New Jersey

    • Jersey City
    • Hudson
    • New Jersey

  • Typical household income

    $97,710a year

    6% above the county

    6% below New Jersey

    • Jersey City
    • Hudson
    • New Jersey

  • Households that own their home

    28%

    3 points below the county

    36 points below New Jersey

    • Jersey City
    • Hudson
    • New Jersey

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

Market now, with Zillow data

Zillow data
Typical home value
$656,649
about the same as 12 months ago
Typical rent
$3,101 a month
3.1% more than 12 months ago

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

Jersey City 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 Jersey City apart

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

  1. Jersey City has the 10th lowest homeownership rate of the 293 cities in New Jersey with more than 5,000 people (28%).

  2. Nearby, in Union City, the typical rent is $1,537: 23% less than in Jersey City ($2,007).

  3. Nearby, in Kearny, the typical home value is $459,400: 19% less than in Jersey City ($566,900).

  4. According to Zillow, in the 12 months to September 2026 the typical home value in Jersey City barely changed; in New Jersey, it rose 4%.

Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data

The homes here

Housing in Jersey City

What homes there are in Jersey City, 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 Jersey City, the apartment is the most common kind of home (54%), as in Hudson County (53%).

Year built

Homes in Jersey City are newer: the typical year built is 1971; in Hudson County, 1966.

In Jersey City, 28% of homes have 3 bedrooms or more, about the same as in Hudson County.

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

The FHA limit for Hudson County is high ($1,249,125): at least 87% of owner-occupied homes in Jersey City are worth less than $1,000,000.

Monthly rent with utilities

About 71% of rented homes in Jersey City cost less than HUD's 2-bedroom fair market rent for Hudson County ($2,792).

With a mortgage

$3,291 a month

Hudson County: $3,300 a month

Without a mortgage

$1,188 a month

Hudson County: $1,311 a month

Owners with a mortgage

68%

Hudson County: 66%

Owning costs about the same in Jersey City as in Hudson County: with a mortgage, $3,291 a month; without one, $1,188.

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

From 2015–2019 to 2020–2024, the typical home value in Jersey City rose 52%; in Hudson County, it rose 43%.

Rents in Jersey City rose faster than in Hudson County: 43% since 2015–2019, against 36%.

Housing prices ran ahead of income in Jersey City: typical income rose 38%, against +52% for home values and +43% for rent.

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

MeasureJersey CityHudson CountyNew JerseyUnited States
Rental vacancy 5.1%4.4%3.5%5.5%
Homeowner vacancy 1.7%1.4%0.7%0.9%
More than one person per room 8.3%7.9%4.0%3.4%
People per household 2.332.372.622.53
Drive alone 26%33%62%69%
Carpool 4%6%8%9%
Public transit 36%31%8%3%
Walk or bike 7%7%3%3%
Work from home 25%21%17%15%
Other means 2%2%2%2%
Typical commute 30 to 39 minutes30 to 39 minutes20 to 29 minutes20 to 29 minutes

In Jersey City, the rental vacancy rate is 5.1%, about the same as in Hudson County.

Much as in Hudson County, 8.3% of households in Jersey City have more than one person per room.

Much as in Hudson County, a household in Jersey City has 2.33 people on average.

Public transit matters here: 36% of workers take it to work, against 31% 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 Jersey City?

A typical home costs more than the typical income allows

We start with a typical home in Jersey City, worth $566,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 61% of the typical household income in Jersey City, which is $97,710 a year. For that payment to be 28% of income, a household would need to earn about $213,250 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 Jersey City. 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 $19,842 (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

$4,976

at 7.18% · 30 years

Loan amount
$556,632
Total interest
$800,862
Paid off in
November 2056

Includes $9,574 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,280 a month

  • Tight

    $2,280 to $2,931 a month

  • Hard

    more than $2,931 a month

    Your payment · 61%

Compared with the typical household income in Jersey City ($97,710 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$4,976
Principal & interest$3,771
Property tax$718
Home insurance$236
FHA mortgage insurance (MIP)$251

You need at least $19,842 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

Jersey City and Hudson County

Jersey City 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).

Jersey City's own numbers

Typical home value
$566,900
Typical monthly rent
$2,007
Typical yearly household income
$97,710
Households that own their home
28%
Effective property tax rate
1.52%

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 Jersey City

A typical home in Jersey City is worth $566,900: 5% above the county and 25% above New Jersey. With the typical household income in Jersey City ($97,710 a year), a typical home costs 5.8 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.

  • Jersey City 5.8 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

Jersey City 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
  • Jersey City $566,900
  • Hudson $539,700
  • New Jersey $454,400
  • United States $332,700
Typical monthly rent
  • Jersey City $2,007
  • Hudson $1,894
  • New Jersey $1,720
  • United States $1,413
Typical yearly household income
  • Jersey City $97,710
  • Hudson $91,795
  • New Jersey $103,556
  • United States $80,734
See the full table
Jersey City next to Hudson County and New Jersey
Measure Jersey City Hudson County New Jersey U.S.
Typical home value $566,900 $539,700 $454,400 $332,700
Typical monthly rent $2,007 $1,894 $1,720 $1,413
Typical yearly household income $97,710 $91,795 $103,556 $80,734
Households that own their home 28% 31% 64% 65%
Typical yearly property tax $8,627 $9,555 $9,590 $3,119
Effective property tax rate 1.52% 1.77% 2.11% 0.94%
Renters with high rent for their income 44% 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 Jersey City

For a typical $566,900 home in Jersey City, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Jersey City's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $4,976a month

    Least cash to close
    Down payment
    $19,842
    Cash to close
    $36,849
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $251

  • Conventional, 5% down $4,872a month

    Down payment
    $28,345
    Cash to close
    $45,352
    Rate
    7.18%
    Mortgage insurance
    PMI · $269

  • Conventional, 20% down, no PMI $4,027a month

    Down payment
    $113,380
    Cash to close
    $130,387
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $4,551a month

    Down payment
    $85,035
    Cash to close
    $102,042
    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 Jersey City and for Hudson County.

Property tax

Effective rate in Jersey City

1.52%of the home’s value each year

$8,627 a year for the typical owner in Jersey City.

  • Jersey City 1.52%
  • 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 Jersey City

Typical rent in Jersey City is $2,007 a month: 6% above the county. In Jersey City, 44% 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 Jersey City

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Jersey City has 7 ZIP codes with their own.

For 2 bedrooms it runs from $2,460 in 07305 to $4,190 in 07311.

3 of the 7 are above the fair market rent for Hudson County ($2,792).

  • 07302 $4,190$5,090
  • 07304 $2,520$3,060
  • 07305 $2,460$2,990
  • 07306 $2,600$3,160
  • 07307 $2,770$3,370
  • 07310 $4,190$5,090
  • 07311 $4,190$5,090

A ZIP code counts for Jersey City 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 Jersey City

HUD lists 132 buildings with rents for lower incomes in Jersey City. These are the largest.

  • Summit Plaza Apartments 730 Newark Ave, Jersey City 07306 483 homes, 480 low-income · For families
  • Salem Lafayette Apts 94 Union St, Jersey City 07304 415 homes, 412 low-income · For families
  • Salem Lafayette 94 Union St, Jersey City 411 homes, 405 low-income · In service since 2013
  • Berry GRDNS 199 Ocean Ave, Jersey City 07305 368 homes, 356 low-income · Run by Housing Authority City of Jersey City · Average payment: $450 a month · Average wait: 37 months (201) 706-4638
  • Booker T Washington Apts 96 Fremont St, Jersey City 07302 319 homes, 298 low-income · Run by Housing Authority City of Jersey City · Average payment: $570 a month · Average wait: 51 months (201) 706-4638

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

Free help

Help to buy or rent in Jersey City

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.

A man shakes hands with the specialist who helped him with his loan, in the kitchen of his new home.

HUD counseling is free or low-cost

Assistance programs in Jersey City

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

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

Housing counselors near Jersey City

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

  • The Waterfront Project, Inc.

    830 Bergen Ave., Jersey City · 1 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

  • North Hudson Community Action Corporation

    407 39th St Apt 2, Union City · 5 miles away

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

  • NSC (naca Counseling Subsidiary) - Newark, NJ

    60 Park Pl Ste 800, Newark · 6 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 Jersey City

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 Jersey City

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

  • Housing Authority City of Jersey City Public housing and Section 8 vouchers (201) 706-4638

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 Jersey City, 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 Jersey City.

All guides
Three women of one family talk as they cook vegetables in the kitchen.

Questions

Housing questions about Jersey City

Short answers with the numbers for Jersey City 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 Jersey City?

The typical home value in Jersey City is $566,900, 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 Jersey City?

Typical rent in Jersey City is $2,007 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 Jersey City?

Jersey City 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 Jersey City?

The typical homeowner in Jersey City pays $8,627 a year, according to the U.S. Census Bureau. That is 1.52% of the home’s value; in Hudson County, the rate is 1.77%.

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

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).