Trenton, NJ Rental Market Trends
The average rent for an apartment in Trenton is $1,351, a change amounting to approximately 0% compared to the previous year.
Average Rent in Trenton, NJ
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,351||0%||787 sq. ft.|
The average size for a Trenton, NJ apartment is 787 square feet, but this number varies greatly depending on apartment type. 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
- > $2,0006%
Trenton, NJ Occupied Housing Units
- Renter-occupied Households38%
- Owner-occupied Households61%
10,369 or 38% of the households in Trenton, NJ are renter-occupied while 16,776 or 61% are owner-occupied.
Trenton, NJ Rent Trends
|Mar / 2019||Oct / 2019|
Average Rent in Trenton, NJ By Neighborhood
|Lawrence Township Town||$1,713|
The most affordable neighborhoods in Trenton are Groveville, where the average rent goes for $1,133/month, Yardville, where renters pay $1,201/mo on average, and White Horse, where the average rent goes for $1,301/mo. If you’re looking for other great deals, check out the listings from Hightstown ($1,306), Twin Rivers ($1,306), and Hamilton Square ($1,437), where the asking prices are below the average Trenton rent of $1,351/mo.
The most expensive neighborhoods in Trenton are Princeton City ($2,341), Princeton Junction ($2,341) and West Windsor ($2,595).
Trenton | Rent Comparison by Neighborhood
Rent in Groveville is 21% lower than in Hamilton Square
Groveville rent is 16% lower than Trenton average
Hamilton Square rent is 6% higher than Trenton average
How Does Trenton Compare to Nearby Cities
|Average Rent||Y-o-Y Change|
|Lawrence Township Town||$1,713||n/a|
For more information about the Trenton rental trends, check out our monthly rent report