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City Report · NJ

Bayonne

Pop. 71,553·126th most expensive in New Jersey·Rental market data updated monthly for Bayonne, NJ
Median rent (all units)
$2,353/mo
Year-over-Year
+2.7%
Month-over-Month
-0.2%
vs US Median
+$388
Stable (Monthly)
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Most AffordableMost Expensive
Bayonne · $2,353
More expensive than 74% of US cities · National median $1,965/mo
Rent Reality Score
58/100
Fairly priced
OverheatedFairGreat value

Rents are 4% below what Bayonne's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,353/mo
Expected by trend
$2,449/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
Research median
$2,070/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$28,236/yr
At $2,353/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.7% YoY, -0.2% 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
$1,815 → $2,353
up 29.6%
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 $1,815 to $2,353, a 29.6% 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

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

Can you afford rent in Bayonne on your salary?

At $2,353/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: July 20, 2026

The median rent in Bayonne is $2,353/mo as of July 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 2.7% over the past year.

FAQ

Frequently asked questions

Is Bayonne an affordable city for renters?

Bayonne is considered moderate for renters. At $2,353/mo, rent takes approximately 34% of the local median household income ($83,887/yr). The standard benchmark is 30%. Bayonne slightly exceeds that threshold, so budgeting carefully matters here.

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 (~$45/hour full-time) to afford the median rent of $2,353/mo in Bayonne. The local median household income is $83,887/yr, meaning the typical Bayonne household falls short of that threshold.

Is rent going up or down in Bayonne?

Rent in Bayonne has increased 2.7% over the past year as of July 2026, putting upward pressure on renter budgets.

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

Bayonne is one of the more affordable cities in New Jersey for rent, ranking #126 out of 180 tracked cities at $2,353/mo.

Which nearby cities are cheaper to rent in than Bayonne?

Several nearby cities have lower median rents than Bayonne ($2,353/mo): Newark ($2,130/mo), Elizabeth ($2,255/mo), Kearny ($2,301/mo).

What percentage of Bayonne residents rent vs. own?

According to Census data, approximately 63.8% of Bayonne households are renters, while 36.2% are owner-occupied. With a majority renter population, Bayonne has a strong rental market.

How does Bayonne rent compare to the national average?

Bayonne's median rent of $2,353/mo is $388 (20%) above the US national median of $1,965/mo. Within New Jersey, it ranks #126 out of 180 tracked cities.
Income Affordability
34%
MODERATE

At $2,353/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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