City Report · NJ

Bayonne

Pop. 71,553·122nd most expensive in New Jersey·Rental market data updated monthly for Bayonne, NJ
Median rent (all units)
$2,342/mo
Year-over-Year
+3.2%
Month-over-Month
+0.4%
vs US Median
+$410
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Bayonne · $2,342
More expensive than 74% of US cities · National median $1,932/mo
Rent Reality Score
56/100
Fairly priced
OverheatedFairGreat value

Rents are 3% below what Bayonne's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,342/mo
Expected by trend
$2,411/mo
The Rent Reality Score compares today's median rent to where Bayonne's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,800
1 BR
$1,830
2 BR
$2,070
3 BR
$2,570
4 BR+
$2,870
Fair Market Rent (HUD)
$2,070/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,342 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

February. Asking rents in Bayonne usually run 0.7% below trend in February and 0.6% above it in June, about $30 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in Bayonne is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of New Jersey

Rent in Bayonne changed +3.2% over the year to September 2026. Across the 121 New Jersey cities Zillow tracks, the typical change was +3.1%.

Rent vs. income since 2019

From 2019 to 2024, rent in Bayonne rose 33.1% while median household income rose 31.2% ($63,947 to $83,887). Rent outpaced income.

Since before the pandemic

Rent in Bayonne is 40.2% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($83,887) is $2,097 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,070); a 3-bedroom is $2,570.

Cheaper nearby

Irvington, 8 miles away, rents for 17% less ($1,939/mo), about $4,800 a year in savings.

From Zillow's monthly rent index (ZORI) for Bayonne. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$28,104/yr
At $2,342/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.2% YoY, +0.4% MoM), not inventory.
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Demographics

Who lives here

Bayonne, NJ is majority renter-occupied, 39.6% of residents hold a bachelor's degree or higher.

Population
71,553
Median income
$83,887
Median age
38.3
Renters
63.8%
Age distribution
23.1%
21.4%
27.3%
12.5%
15.7%
Under 1823.1%
18–3421.4%
35–5427.3%
55–6412.5%
65+15.7%
Gender
49.9%
50.1%
Male49.9%
Female50.1%
Race & ethnicity
46.6%
13.4%
32.1%
White46.6%
Black13.4%
Hispanic32.1%
Asian9.2%
Education (25+)
28.4%
22%
39.6%
No HS diploma10%
HS diploma28.4%
Some college22%
Bachelor's+39.6%
Housing tenure
36.2%
63.8%
Owner36.2%
Renter63.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Bayonne, NJ has changed in 5 years

Rent
$1,753 → $2,342
up 33.6%
Income
$72,839 → $83,887
up 15.2%
Population
70,553 → 71,553
up 1.4%
Renter share
60.6% → 63.8%
+3.2 pts
Bachelor's+
38.3% → 39.6%
+1.3 pts

Since 2021, the typical rent in Bayonne, NJ has climbed from $1,753 to $2,342, a 33.6% change over five years. Household income in the area moved from $72,839 to $83,887 across the same window, up 15.2% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 1.4% since 2021, moving from about 70,553 residents to roughly 71,553. Renters now make up 63.8% of households, compared with 60.6% five years ago. Reading these numbers side by side helps frame whether current listings in Bayonne, NJ look reasonable against where the market sat half a decade ago.

Community

Discussions about Bayonne

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View Bayonne rent history (2015–2026) →
Salary vs rent

Can you afford rent in Bayonne on your salary?

At $2,342/mo, how Bayonne rent compares to typical pay (30% rule).

By apartment size

Bayonne rent by bedroom count

Median rent for each apartment size in Bayonne. Click any size for full breakdown.

Local insights

Tips for renters in Bayonne

About renting in Bayonne, NJ

Last updated: October 17, 2026

The median rent in Bayonne is $2,342/mo as of October 2026. A studio apartment averages $1,800/mo while a 2-bedroom runs $2,070/mo. One-bedroom apartments average $1,830/mo and 3-bedroom units go for $2,570/mo.

At 34% of local median household income ($83,887/yr), Bayonne ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Bayonne?

To keep rent at or below 30% of gross income, you would need to earn at least $94,000/year (about $45/hour full-time) to afford the median rent of $2,342/mo in Bayonne. The local median household income is $83,887/yr, so the typical household falls short of that bar.

Is rent going up or down in Bayonne?

Rent in Bayonne has risen 3.2% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in Bayonne?

Asking rents in Bayonne are usually lowest in February, about 0.7% below their yearly trend, and highest in June, about 0.6% above it. At today's median that is a gap of roughly $30 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in Bayonne?

Yes. From 2019 to 2024, rent in Bayonne rose 33.1% while median household income rose 31.2%, from $63,947 to $83,887. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does Bayonne rent compare to other cities in New Jersey?

Bayonne is one of the more affordable among New Jersey cities for rent, ranking #122 of 178 tracked cities at $2,342/mo. Over the year to September 2026, rent in Bayonne changed +3.2%, against a typical +3.1% across the 121 New Jersey cities Zillow tracks.

Which nearby cities are cheaper to rent in than Bayonne?

Nearby cities with lower median rent than Bayonne ($2,342/mo) include Kearny ($2,108/mo), Newark ($2,111/mo), and Elizabeth ($2,230/mo).
Income Affordability
34%
MODERATE

At $2,342/mo, rent takes ~34% of Bayonne's median household income ($83,887/yr). The standard benchmark is 30%.

Bayonne 34%Benchmark 30%
State income tax1.4–10.75%
Run the Bayonne affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Bayonne, NJ

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