JERSEY CITY, N.J. (PIX11) – Folks looking to catch a break on their rent might want to skip Jersey City.
The online rental platform Zumper released a report Wednesday that found Jersey City is the second most expensive city for renters in the United States. Jersey City was tied for second place with San Francisco. New York City is the most expensive city for renters, according to the Zumper report.
The median cost for a one-bedroom apartment in Jersey City is $3,000. That’s up more than 40% since the beginning of the COVID-19 pandemic, when rents were at a record low.
The most expensive cities for one-bedroom apartments are:
- New York $3,570
- Jersey City $3,000
- San Francisco $3,000
- Miami $2,840
- Boston $2,700
Zumper’s report also found that the median price for a one-bedroom apartment throughout the U.S. is about $1,500, while a two-bedroom apartment is just shy of $2,000.