This N.J. city is now America’s most expensive for renters, site says

If you’re a renter in Jersey City, we salute you.

You’re paying the highest rent prices in the entire country, according to a report conducted by listings service Rent.com.

And you saw the third largest increase in rent prices, year over year, in the United State.

The average rent in Jersey City jumped from $3,308 in 2021 to $5,500 in 2022. That’s an increase of 66.25%.

Your neighbors in Hoboken also made the list of the Top 10 highest rents in the country, clocking in at No. 7 with an average rent bill of $4,264, which increased 21.46% from last year.

https://www.nj.com/news/2022/07/this-n ... or-renters-site-says.html