Can A Truck Driver Afford Rent in Hoboken, NJ?
Rent-burdened — rent takes 74.5% of gross income.
Hoboken rent: June 2026. Salary: BLS OEWS May 2024 (New Jersey state estimate).
About rent and a truck driver salary
Truck driver pay covers comfortable rent in most lower- and mid-cost US metros and stretches thin in the highest-cost ones. Because many drivers can base anywhere along their route, the home-city rent decision has an outsized effect on take-home. At the national-average driver salary, the 30% rule supports about $1,418 a month in rent. The per-city pages show which markets keep rent within that range and which push it out of reach.
Cheaper rent nearby
These New Jersey cities have lower median rent than Hoboken, which improves the affordability math on a truck driver salary:
Compare with full rent data for Hoboken
View full rent data for Hoboken, NJ →Frequently asked questions
Can a truck driver afford rent in Hoboken, NJ?
Median rent in Hoboken is $3,941 a month. A typical truck driver in New Jersey earns about $63,515 a year, which makes that rent 74.5% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can a truck driver afford in Hoboken?
Using the 30% rule, a truck driver salary in New Jersey (~$63,515/yr) supports up to $1,588 a month in rent. Hoboken's current median rent is $3,941/mo, which is $2,353/mo over the affordability threshold.
How many hours does a truck driver work to cover rent in Hoboken?
At an hourly equivalent of about $31 an hour, a truck driver in New Jersey works roughly 129.1 hours a month to cover Hoboken's median rent of $3,941.
Where is rent cheaper than Hoboken for a truck driver?
Nearby New Jersey cities with lower median rent include Edgewater ($3,935/mo), Livingston ($3,934/mo), Livingston ($3,909/mo). Each shifts the affordability math materially on a truck driver salary.