Fair Market Rent · New Jersey
Fair Market Rent in Mercer County, NJ
FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.
HUD's FY2027 Fair Market Rent for a 2-bedroom home in Mercer County is $2,242 a month, +15% from FY2026. Mercer County is part of the Trenton-Princeton, NJ MSA (a metro area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.
Area-wide Fair Market Rents
| Size | FY2027 | FY2026 | Change | Typical voucher range (90–110%) |
|---|---|---|---|---|
| Studio | $1,561 | $1,344 | +16.1% | $1,405–1,717 |
| 1 bedroom | $1,764 | $1,545 | +14.2% | $1,588–1,940 |
| 2 bedrooms | $2,242 | $1,950 | +15% | $2,018–2,466 |
| 3 bedrooms | $2,741 | $2,338 | +17.2% | $2,467–3,015 |
| 4 bedrooms | $3,081 | $2,670 | +15.4% | $2,773–3,389 |
The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.
Rents by ZIP code in Mercer County
Open a ZIP code for every size, the spread of rents and nearby ZIP codes.
| ZIP | Place | 2-bedroom FMR (ZIP) | Census median, 2 bedrooms | Census median, all sizes |
|---|---|---|---|---|
| 08520 | Hightstown | $2,240 | $1,755 | $1,657 |
| 08525 | Hopewell | $2,450 | $1,894 | $1,835 |
| 08534 | Pennington | $2,790 | $1,588 | $2,004 |
| 08540 | Princeton | $2,890 | $2,349 | $2,218 |
| 08542 | Princeton | $3,360 | $2,885 | $2,497 |
| 08544 | Princeton | $3,000 | – | – |
| 08550 | Princeton Junction | $3,360 | $3,074 | $2,584 |
| 08560 | Titusville | $2,640 | – | $2,147 |
| 08561 | Windsor | $2,510 | – | – |
| 08608 | Trenton | $1,760 | $1,344 | $996 |
| 08609 | Trenton | $1,830 | $1,462 | $1,391 |
| 08610 | Trenton | $2,090 | $1,738 | $1,578 |
| 08611 | Trenton | $2,030 | $1,376 | $1,459 |
| 08618 | Trenton | $1,760 | $1,251 | $1,102 |
| 08619 | Trenton | $2,370 | $1,826 | $1,695 |
| 08620 | Trenton | $2,070 | $1,733 | $1,640 |
| 08628 | Trenton | $2,310 | $1,962 | $1,775 |
| 08629 | Trenton | $1,820 | $1,338 | $1,391 |
| 08638 | Trenton | $2,250 | $1,654 | $1,593 |
| 08648 | Lawrence Township | $2,790 | $2,049 | $2,009 |
| 08690 | Trenton | $2,380 | $1,811 | $1,700 |
| 08691 | Trenton | $2,820 | $2,044 | $1,954 |
Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.