FairRentWize

Trenton-Princeton Fair Market Rent 2026

HUD Fair Market Rent data for the Trenton-Princeton metropolitan area. Median household income: $68,540/year. Vacancy rate: 3.5%.

2BR FMR

$1,244/mo

Median Income

$68,540

Vacancy Rate

3.5%

Rent Burden

21.8%

Fair Market Rent by Bedroom Size

Studio$829/mo
1 Bedroom$1,039/mo
2 Bedroom$1,244/mo
3 Bedroom$1,616/mo
4 Bedroom$1,778/mo

Affordability Analysis

Based on the 30% rule, a household earning the median income of $68,540/year can afford up to $1,714/mo in rent.

The 2BR FMR of $1,244/mo represents 21.8% of median income, which is within the 30% affordability threshold.

Rental Market Conditions

The vacancy rate of 3.5% in Trenton-Princeton indicates a tight rental market. Low vacancy means more competition for available units and potential upward pressure on rents.

Frequently Asked Questions

What is the average rent in Trenton-Princeton?

The 2026 HUD FMR for a 2-bedroom in the Trenton-Princeton metro area is $1,244/month. 1BR: $1,039, 3BR: $1,616.

What is the vacancy rate in Trenton-Princeton?

The rental vacancy rate in Trenton-Princeton is 3.5%. A rate below 5% typically indicates a tight rental market.

Is Trenton-Princeton affordable for renters?

With a median income of $68,540 and 2BR rent at $1,244/mo, rent takes about 22% of income in Trenton-Princeton.

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