30°
Hopefully your answer is around $5,500, because that's how much you'd need just to rent in Jersey City. According to Rent.com, Jersey City is the most expensive city for renters in America. That's about $500 more than the average Manhattan rental.
"Jersey City, just across the Hudson from Manhattan, logged the highest rent in the U.S for this survey period," the website said.
The average monthly rent in Jersey City shot up from $3,308 in 2021 to $5,500 this year — that's a 66.25 percent increase, the third-highest in the survey. In Hoboken, the average rent is just above $4,264, making it the seventh most expensive place to rent in the US.
The second-highest place for renters in America is Boston, where the average rate is around $4,800.
The most expensive cities for renters are "in or near major technology hubs," Rent.com says. "The industry's high salaries and consistent growth during the pandemic kept rents high and the apartment supply low in these markets."
Click here to follow Daily Voice Washington Township and receive free news updates.
