Apartments for Rent in McGinley Square, Jersey City, NJ

McGinley Square, Jersey City apartment availability

McGinley Square's rental market offers a good selection of listings, with an average of 58 rentals available each month. The neighborhood's inventory is relatively balanced, with a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as studios. Many of these apartments feature desirable amenities, including hardwood floors, in-unit laundry, and dishwashers. Specifically, about 48% of apartments have dishwashers, 47% have hardwood floors, and 42% have in-unit laundry. This range of options and amenities makes McGinley Square a viable choice for renters with varying needs and priorities.

McGinley Square, Jersey City rental market trends

The McGinley Square rental market in Jersey City saw a slight decrease in average rent prices in 2024, with a year-over-year decrease of 0.15% to $2,233 per month. However, this trend varies by bedroom count. The average rent for 1-bedrooms increased by 3.5% to $2,012 per month, while 2-bedrooms saw a significant 10.9% increase to $2,519 per month. Studios experienced the largest increase, with a 17.1% jump to $2,003 per month.

The summer months tend to see higher demand and prices in McGinley Square, with May typically being the most expensive month. Rents in May are about 7.8% higher than in January, the month with the lowest average rent. If you're looking for a new apartment, be prepared for more competition during the summer. On the other hand, if you're flexible with your move-in date, consider searching during the winter months when prices are lower and there may be fewer renters competing for apartments.

Why McGinley Square, Jersey City is a great place to live

McGinley Square is a neighborhood that perfectly aligns with the priorities of renters who value social connections and eco-friendly living.

The area's focus on environmental sustainability is reflected in its use of non-toxic paint, rainwater harvesting, recycling programs, community solar projects, and low-flow fixtures. The prevalence of sustainable materials in construction and easy access to parks and recreation further contribute to a reduced carbon footprint.

With a high walk score and frequent transit options, McGinley Square is also ideal for those who crave an active social life. A strong sense of community is fostered by the neighborhood's age distribution and safe street infrastructure, making it easy to get out and explore local hotspots. If you're looking for a neighborhood that shares your values on social responsibility and community engagement, McGinley Square is an excellent choice.