It used to be when the market was really hot, that a lot of realtors would say "no, I don't do rentals..." almost like it was beneath them. Well, I've always worked with tenants and landlords and have developed some great understanding of this particular aspect of the market from both sides. Finding a tenant and signing a lease is a very serious commitment. And yes, sometimes you do get to work with a tenant who decides right away to take a place, has good credit & job history and agrees to the terms of the lease. But that is unusual, typically it is very time consuming, you show numerous amount of places & work closely with a potential tenant and then they disappear without so much as a phone call or e-mail to let you know that they found a place on their own or with another realtor. Or, they can't make up their mind & have to go back to the same place several times and in the meantime it gets rented to someone else and they get upset with you. Or, they need their parents approval....Or they don't have enough money for the security deposit and first months rent but didn't realize that when they were looking in a particular price range....or they have a pet and never told you & the landlord doesn't accept pets....Or one roommate drops out right before they sign the lease & leaves the other one looking for a new roommate....(These are only a few of the variables that sometimes come up, there are many, many more). But recently, in this particular market, it seems like many of those realtors who never used to "do rentals" are now actively pursuing them. And it seems that the supply of rentals in Hoboken seems to be growing. But that doesn't mean that there are that many "bargains" like a lot of people would like to believe. So many people stop into our office and ask to be shown a one bedroom with parking, near the Path on a great street for $1000 - it doesn't exist!! And if you suggest a place outside of Hoboken like maybe Weehawken, they don't want to hear about it, it has to be Hoboken only. In my opinion, a decent one bedroom in Hoboken will start at about $1500 and go up. A nice two bedroom is typically about $2400 - $2600 (sometimes a little less or more often, a lot more, depending on the amenities & location). Three bedrooms are very hard to come by & tend to rent quickly when they hit the market. In the past, very few rentals would be even be listed in the Hudson County MLS. In my search today I found 37 active rentals on the MLS as follows:

studio = 1 unit

one bedroom = 11 units (priced from $1297 to $3600)

two bedroom = 21 units (priced from $2525 to $6800)

three bedroom = 3 units

four bedroom = 1 unit

Of the 37 active rentals on the MLS, price ranges are from:

high = $6800

low = $1297

average = $3617

median = $3400

Other interesting information:

*13 of the 21 active 2 bedrooms are on the waterfront - 1 at 2 Constitution, 4 at Tea Building, 1 at Harborside and 7 at Maxwell Place.

*15 of the total 37 are in waterfront buildings

*5 of the total 37 rentals are at 800 Jackson, Metro Stop