Historic downtown Jersey City one of the most expensive places to rent

JERSEY CITY – Market Watch, a realty website, said Historic Downtown Jersey City is one of the most expensive places to rent in the nation.
“There’s a high inventory of low-rise buildings and brownstones, complemented by parks and cultural attractions, in downtown Jersey City,” the report said. “It’s also just across the Hudson River from Manhattan. It costs, on average, $3,068 to rent a one-bedroom apartment in this area.”
The site said the single most important factor when choosing an apartment or rental home to live in among the 2,500 people surveyed by Apartments.com, was affordability and low rent. The website assembled the most expensive neighborhoods in the nation, among which was Historic Downtown Jersey City. This started with the 20 urban areas with the highest cost of living, and the least affordable neighborhoods. Historic Downtown was among the 14 most expensive places to live in the nation, according to this account.