Logo Trenton Fair Market Rent FY 2021 Trenton, NJ MSA Rental Data

Fair Market Rent Prices in Trenton, NJ :
$1,015 $1,170 $1,539 $1,914 $2,107
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Trenton are very high compared to the national average. This FMR area is more expensive than 97% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Trenton is $1,539 per month.

The previous year, rent for a two-bedroom home was $1,456 per month. This is a 5.7% increase year-over-year.

This FMR rate applies to Windsor, NJ, Cranbury, NJ, Pennington, NJ, Princeton Junction, NJ, Hightstown, NJ, Lawrence Township, NJ, Princeton, NJ, Trenton, NJ and other cities within the region. The Metro Code or CBSA code for this region is METRO45940M45940.

Additionally, This Fair Market Rent (FMR) area Trenton, NJ MSA spans one county or city in New Jersey which is listed in the table below. Estimated population of Trenton, NJ MSA FMR area is 0 people based on 2000 Census data.

Compared to the rest of New Jersey, the Trenton FMR area is more expensive than 50% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Trenton. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Trenton

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 1110
1-BR 1-Bedroom $ 1280
2-BR 2-Bedroom $ 1683
3-BR 3-Bedroom $ 2093
4-BR 4-Bedroom $ 2304
Change Year:

There is just one county (listed below) within the Trenton, NJ MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: New York and Philadelphia.

County / Region Est. Population
Mercer County, NJ Metro 0
Zip Codes in Trenton, NJ MSA

There are 28 unique zip codes in this Fair Market Rent (FMR) area:

08512, 08520, 08534, 08540, 08542, 08543, 08544, 08550, 08561, 08601, 08602, 08603, 08604, 08605, 08606, 08607, 08608, 08609, 08611, 08618, 08619, 08628, 08629, 08638, 08648, 08650, 08690 and 08691

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