Rent is higher than in 84% of U.S. cities. A typical house costs about 5.1 years of household income. Commutes are long, about 33.7 minutes each way. Most households rent (64%), so there are plenty of rental options.
How much money do I need?
To rent here comfortably, you should earn about $97,760 a year. That is $47 an hour at a full-time job.
Is rent cheaper than other New Jersey cities?
No. Rent here is more expensive than in most of New Jersey. It is number 181 of 291 cities from cheapest to most expensive.
How much do households earn in Bayonne?
Share of households by yearly income. 29.8% of households earn $100,000 or more.
Rent by apartment size in Bayonne
| Size | Bayonne | U.S. average |
|---|---|---|
| Studio | $1,220 | $1,338 |
| 1 bedroom | $1,559 | $1,324 |
| 2 bedrooms | $1,856 | $1,509 |
| 3 bedrooms | $2,308 | $1,698 |
| 4 bedrooms | $2,635 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Bayonne overall?
Everyday prices in New Jersey overall are 9% above the U.S. average (index 108.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Bayonne, so the New Jersey figure is shown.
Taxes and bills in Bayonne
Life in Bayonne
Is it cheaper to rent or buy in Bayonne?
Renting is cheaper right now: about $748 a month less.
Owning assumes a typical $460,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $46,010 for the down payment.
Frequently asked questions
What is the average rent in Bayonne, NJ?
Renting in Bayonne costs a median of about $2,444 a month in 2026, including utilities. The New Jersey median is $2,240.
How much do I need to make to live in Bayonne?
To keep rent under 30% of income, you need about $97,760 a year, or $47 an hour at a full-time job.
Is Bayonne cheap or expensive?
Bayonne is rated Expensive: rent takes 32.4% of the typical household income of $90,472. It ranks 181st cheapest of 291 New Jersey cities we track.
How much are property taxes in Bayonne?
The median homeowner in Bayonne pays $10,000+ a year in property taxes, about 2.17% of the median home value.
Is Bayonne more expensive than the national average?
Overall prices in New Jersey are 9% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Bayonne?
The median home value in Bayonne is $460,100, about 5.1 times the typical yearly household income.
71,553 people live in Bayonne. Numbers are typical (middle) values.