Trenton, NJ Rental Market Trends

Highlights

The average rent for an apartment in Trenton is $1,298, a 2% increase compared to the previous year, when the average rent was $1,273.

Studio apartments in Trenton rent for $698 a month, while 1-bedroom apartments ask on average $1,024 a month; the average rent for a 2-bedroom apartment is $1,408.

Average Rent in Trenton, NJ

Last updated Jun 2018
All rentals Studio 1 Bed 2 Beds 3 Beds
Average Rent $1,298 $698 $1,024 $1,408 $1,581
Y-o-Y Change 2% 2% 7% 3% 16%
Average Apartment Size 795 sq. ft. 455 sq. ft. 718 sq. ft. 943 sq. ft. 995 sq. ft.

The average size for a Trenton apartment is 795 square feet, but this number varies greatly depending on apartment type. A studio averages 455 sq. ft., while a one-bedroom apartment offers a more generous square footage: 718. 2-bedroom apartments in Trenton have an average size of 943 sq. ft.

Trenton, NJ Apartment Rent Ranges

  • $501-$70031%
  • $701-$1,00069%

Trenton, NJ Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Jun / 2018 $1,298 $698 $1,024 $1,408 $1,581
Sept / 2017 $1,331 $691 $1,008 $1,402 $1,504
May / 2017 $1,286 $681 $989 $1,398 $1,435
Jan / 2017 $1,273 $681 $961 $1,365 $1,363
Sept / 2016 $1,243 $704 $971 $1,351 $1,428
May / 2016 $1,201 $649 $960 $1,345 $1,435
Jan / 2016 $1,216 $675 $950 $1,309 $1,382
Sept / 2015 $1,197 $680 $951 $1,290 $1,378
May / 2015 $1,178 $643 $919 $1,267 $1,387
Jan / 2015 $1,134 $659 $910 $1,259 $1,387
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Average Rent in Trenton, NJ By Neighborhood

Princeton
$2,312
Princeton City
$2,312
Princeton Junction
$2,312
White Horse
$1,256

The most affordable neighborhoods in Trenton are White Horse, where the average rent goes for $1,256/month, Princeton, where renters pay $2,312/mo on average, and Princeton City, where the average rent goes for $2,312/mo.

Trenton | Rent Comparison by Neighborhood

Neighborhood
vs.
Neighborhood

Rent in Princeton is the same as in Princeton City

$2,312

Princeton rent is 78% higher than Trenton average

All rentals $2,312
Studio $1,512
1 Bed $1,812
2 Beds $2,454
3 Beds $2,811
$2,312

Princeton City rent is 78% higher than Trenton average

All rentals $2,312
Studio $1,512
1 Bed $1,812
2 Beds $2,454
3 Beds $2,811

How Does Trenton Compare to Nearby Cities

Average Rent Y-o-Y Change
Trenton $1,298 2%
Lawrence Township $1,743 4%
Princeton $2,312 2%
Princeton City $2,312 2%
Lawrence Township Town $1,743 4%
Groveville $1,091 3%
Hamilton Square $1,375 4%
Hightstown $1,309 5%

For more information about the Trenton rental trends, check out our monthly rent report

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Trenton apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

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