Trenton, NJ Rental Market Trends
What is the average rent in Trenton?
The average rent for an apartment in Trenton is $1,490. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Trenton, NJ
| Average Rent | Average Apartment Size |
|---|---|
| $1,490 | 783 sq. ft. |
What is the average apartment size in Trenton?
The average size for a Trenton, NJ apartment is 783 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Trenton, NJ Apartment Rent Ranges
Trenton, NJ Occupied Housing Units
11,193 or 40% of the households in Trenton, NJ are renter-occupied while 16,368 or 59% are owner-occupied.
Trenton, NJ Rent Trends
| Average Rent | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Oct / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Trenton, NJ | $1,298 | $1,337 | $1,361 | $1,351 | $1,341 | $1,351 | $1,377 | $1,372 | $1,382 | $1,490 |
| National | $1,347 | $1,356 | $1,361 | $1,393 | $1,400 | $1,402 | $1,393 | $1,397 | $1,485 | $1,510 |
Average Rent in Trenton, NJ By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Princeton | $2,709 |
| Princeton Junction | $2,709 |
| West Windsor | $2,692 |
| Lawrence Township | $1,868 |
| Lawrenceville | $1,868 |
| Hamilton Square | $1,634 |
| Mercerville | $1,560 |
| White Horse | $1,453 |
| Hightstown | $1,438 |
| Twin Rivers | $1,438 |
| Yardville | $1,350 |
| Groveville | $1,235 |
What are the most affordable neighborhoods in Trenton?
The most affordable neighborhoods in Trenton are Groveville, where the average rent goes for $1,235/month, Yardville, where renters pay $1,350/mo on average, and Hightstown, where the average rent goes for $1,438/mo. If you’re looking for other great deals, check out the listings from Twin Rivers ($1,438), White Horse ($1,453), and Mercerville ($1,560), where the asking prices are below the average Trenton rent of $1,490/mo.
What are the most expensive neighborhoods in Trenton?
The most expensive neighborhoods in Trenton are West Windsor ($2,692), Princeton ($2,709) and Princeton Junction ($2,709).
What are the most popular neighborhoods in Trenton?
The most popular neighborhood in Trenton is Princeton, where there are 4 verified RENTCafé listings with an average rent of $2,709. Next up is Lawrence Township, where apartments go for $1,868/month, followed by White Horse with $1,453 If you’re looking to rent in Trenton’s most popular neighborhoods, make sure to also check out Groveville, where renters pay $1,235 on average, and Hamilton Square, where the average monthly rent is $1,634.
Trenton | Rent Comparison by Neighborhood
Rent in Groveville is 24% lower than in Hamilton Square
Groveville rent is 17% lower than Trenton average
| Average Rent | $1,235 |
|---|
Hamilton Square rent is 10% higher than Trenton average
| Average Rent | $1,634 |
|---|
How Trenton Compares to Other Cities
| City | Average Rent |
|---|---|
| Philadelphia | $1,736 |
| Jersey City | $2,842 |
| Jersey Shore | $1,655 |
| Hoboken | $3,374 |
| Newark | $1,299 |
| East Orange | $1,434 |
| West Chester | $1,692 |
| Trenton | $1,490 |
| King of Prussia | $1,818 |
| New Brunswick | $1,876 |
| Plainsboro | $1,686 |