Trenton, NJ Rental Market
Trenton is the capital of New Jersey and home to the most affordable rental market in the state among major cities. New Jersey state government is the primary employer, providing a stable, recession-resistant base of tenants in professional and administrative roles. The city's position on the NJ Transit Northeast Corridor rail line — with direct service to both New York Penn Station and Philadelphia — makes it an accessible commuter option for workers in both metros. Lower home values relative to other NJ markets create the highest gross yield opportunity in this coverage set.
Get a rent estimate for an address in TrentonAverage Rent in Trenton, NJ
$1,350
per month · 2026-06
Market Score
Key Facts — Trenton, NJ Rental Market
- Average rent in Trenton, NJ:$1,350/mo
- Median rent:$1,242/mo
- Rent range:$675 – $2,950/mo
- Most common rental (2 bedrooms):$1,200/mo
- Active listings:320
- Avg days to lease:33 days
- Year-over-year change:+2.8%
- Median home value:$250,000
- Est. gross annual yield:6.5%
- Data as of:2026-06
Rent by Bedroom in Trenton, NJ
Average monthly rent for each bedroom type based on current active listings in Trenton.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $975/mo |
2 Bedrooms | $1,200/mo |
3 Bedrooms | $1,500/mo |
4 Bedrooms | $1,875/mo |
5 Bedrooms | $2,125/mo |
Trenton Rental Market Statistics
Key indicators from the current Trenton, NJ rental market.
320
Available now in Trenton
33
From list to lease
$1.04
Average across listings
1,300 sq ft
Typical rental size
$675 – $2,950
Min to max active listings
+2.8%
Avg rent vs. prior year
Investing in Trenton, NJ Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$250,000
Typical purchase price in Trenton
Est. Gross Annual Yield
6.5%
Before expenses & vacancy
Avg Monthly Income
$1,350
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Trenton for a full cash-flow breakdown including all costs.
Trenton, NJ Rental Market FAQ
Common questions about renting and investing in Trenton, NJ.
What is the average rent in Trenton, NJ?
The average rent in Trenton, NJ is $1,350 per month as of 2026 — the most affordable among the major NJ cities covered here. One-bedroom apartments average $975/mo, two-bedrooms $1,200/mo, and three-bedroom homes $1,500/mo. Trenton offers the opportunity to access the NJ commuter market at significantly lower price points than Newark or Jersey City.
Is Trenton, NJ a good place to invest in rental property?
Trenton offers an estimated 6.5% gross annual yield — the highest among NJ markets in this coverage set — with the stability of a government-employment-anchored tenant base. New Jersey state government employs thousands in Trenton, providing investors with tenants who have secure, long-term public sector jobs. The NJ Transit Northeast Corridor connection expands the potential tenant pool to Philadelphia-area and NYC-area commuters.
How does Trenton's location between NYC and Philadelphia affect the rental market?
Trenton sits almost exactly midway between New York City (about 60 miles) and Philadelphia (about 30 miles), with direct NJ Transit Northeast Corridor service to both. This unique dual-metro positioning means Trenton can attract commuters to either city, particularly those who work in Princeton (10 miles), Hamilton, or the broader central NJ pharma corridor. The cross-metro demand base provides more diversification than most single-hub commuter markets.
Ready to Analyze a Property in Trenton?
Get an instant rent estimate, cash-flow projection, and comparable rentals for any address in Trenton, NJ.
Analyze Now — It's Free