Trenton-Princeton
New Jersey · Ranked #169 of 373 metros
79Affordable
💡
Housing in Trenton-Princeton costs 4.07× the median income, below the national average of 4.5×. The median home price is $391K and median rent is $1,466/month. Trenton-Princeton ranks #169 of 373 metros for affordability.
Median Home Price
🏠$391K
Need $116K income
Median Rent
🔑$1,466
Need $59K income
Building Permits
🔨2,026
annual
Median Income
💰$96K
Pop: 370,033
Rent Burden
⚠️25.5%
of renters paying >30%
Homeownership
🏡60.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Trenton-Princeton | National |
|---|---|---|
| Price-to-Income Ratio | 4.07x | 6.1x |
| Rent Burden | 25.5% | 31.5% |
| Homeownership Rate | 60.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$1,344/mo
1 Bedroom$1,545/mo
2 Bedroom$1,950/mo
3 Bedroom$2,338/mo
4 Bedroom$2,670/mo
Zillow Market Data
Home Value (ZHVI)
$432K
1yr: +0.4%5yr: +44.8%
Rent (ZORI)
$2,497/mo
1yr: +0.3%5yr: +35.5%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$518K
Active Inventory
331
Days on Market
55
Sold Above List
39.6%
Price Drops
15.4%