Trenton rent as a percent of median income. Since then it has fallen by 6.79% to 3.50%. Pet Friendly Houses - View houses that accept pets. Includes average cost of groceries, health care, housing, goods and services as well as average prices of goods in Trenton, NJ. Compared to last year, the average rent price has remained flat. This is a 30% increase compared to the previous year. The average rent for a 1-bedroom apartment apartment in Chambersburg, Trenton, NJ is currently $1,535. Real dollars are calculated using the CPI-U less shelter series. With an average age of just under 35, the city's residents skew decidedly younger than most cities in New Jersey. The median monthly gross residential rent in Trenton, NJ (the Trenton-Ewing metro area) was $1,234 in 2019 according to the Census ACS survey.1 Average gross rent in Trenton was $1,290 in 2019. Data records for this series originated in 2005. At 37.45%, the 2019 household based renter fraction in Trenton was at its highest level. There are currently 44 houses available for rent which fluctuated -1.28% over the last 30-day period for Trenton, with 2,241 people recently looking for Trenton housing. Find your next apartment in Trenton NJ on Zillow. This is a 7% increase compared to the previous year. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities Are there any pet friendly homes in West Trenton? Downtown Trenton, Trenton, NJ. Overview of apartments for rent in Trenton, NJ Your dream rental apartment in Trenton, NJ, is just a few clicks away on Point2. Trenton, NJ Apartments for Rent Trenton, New Jersey is a dynamic, active city rooted in history. This is a 32% increase compared to the previous year. ↩, 2. On average rent for a studio apartment in this area is $989, and has a range from $750 to $1,140. Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability. Browse official photos, current prices, floor plans, and details for available apartments in the Trenton area. The average rent for a 1-bedroom apartment apartment in Downtown Trenton, Trenton, NJ is currently $1,125. Trenton, NJ Apartments for Rent Trenton, New Jersey is a dynamic, active city rooted in history. Property Reviews by Verified Residents Prices Updated February 2021 100% Verified Listings. Property Reviews by Verified Residents Prices Updated February 2021 100% Verified Listings. From museums and historic sites to outdoor markets and a thriving nightlife, this capitol city offers all of the flavor and grit Trenton, New Jersey is a small city with a population of just under 85,000. Find Trenton apartments, condos, townhomes, single family homes, and much more on Trulia. Since then it has fallen by 0.64% to 18.63%. Find the best Houses for rent in Trenton for rent with ApartmentGuide. ↩, 3. How difficult is it to rent a house in Trenton, NJ? Trenton, NJ Rental Market Trends How Trenton Compares to Other Cities Average … 45 house rental listings are currently available. Compare rentals, see map views and save your favorite houses. The fraction of median Trenton household income required to pay median monthly gross rent peaked in 2017 (relative to the 2005 series origin) at 19.26%. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. This measure looks at the number of renting households in Trenton as a fraction of total Trenton households. As of January 2021, average rent for an apartment in Trenton, NJ is $1029 which is a 5.05% decrease from last year when the average rent was $1081 , and a 2.43% increase from last month when the average rent was $1004. Official 2 Bedroom Trenton Homes for rent . At $1,290, nominal average gross rent in Trenton was at its highest level in 2019 since the series began in 2005. Contact ben@deptofnumbers.com (or @deptofnumbers on Twitter) if you have any questions, comments or suggestions. I've gone with the housing units measure here. Privacy policy. 1. Using median household income data for Trenton, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. View detailed floor plans, amenities, photos, local guides & top schools. Self-storage unit prices in Trenton start as low as $29 per month. The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for Trenton New Jersey was 3.50% according to Census ACS data. The origin year for the series is 2005. A 1 bedroom apartment on the average will cost you $1,268 and ranges from $628 to $1,599. Whether you're looking for a three-bedroom apartment with den or office or an apartment with garage parking, our advanced search filters will allow you to narrow your home search and find what you're looking … See floorplans, pictures, prices & info for available rental homes, condos, and townhomes in Trenton, NJ. You might be interested in studio apartments , 1 bedroom apartments , 2 bedroom apartments or 3 bedroom apartments , or browse all RENTCafé apartments for rent in Trenton, NJ . Average gross rent for Trenton peaked in real terms in 2017 at $1,311 and is now $21 (1.60%) lower. Whether you're searching for 1-bedroom, 2-bedroom or 3-bedroom apartments, studio apartments or any other rental condos, browsing through Point2 listings has never been easier. The rental vacancy rate in Trenton peaked in 2009 at 10.29%. Apartment rent in Hamilton has One bedroom apartments average $1,209 and range from $628 to $1,599. Check out our apartments near you for more details! No warranty or guarantee of accuracy is offered or implied. For more information about the Trenton rental trends, check out our monthly rent report. Data on deptofnumbers.com is for informational purposes only. From museums and historic sites to outdoor markets and a thriving nightlife, this capitol city offers all of the flavor and grit The rental statistics on this page were compiled using data provided by our sister company. Curious about listings in your area? Looking for a self-storage unit to rent in Trenton? View a complete Trenton, NJ cost of living report and index. On average rent for a studio apartment in Wilbur II is $1,146, and has a range from $1,080 to $1,140. From a 2018 post peak low of 2.51%, the rental vacancy rate has increased by 0.99%. ↩. The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters. You can calculate the renter fraction in Trenton in at least two ways: by housing units or by population. As of February 2021, the average apartment rent in Trenton, NJ is $782 for a studio, $1,121 for one bedroom, $1,436 for two bedrooms, and $1,388 for three bedrooms. Check out New Jersey Cities, New Jersey Neighborhoods and New Jersey Zip Codes for more details on verified listings, including the New Jersey Average Rent. Rent Trends As of February 2021, the average apartment rent in Hamilton, NJ is $1,093 for a studio, $1,219 for one bedroom, $1,591 for two bedrooms, and $2,984 for three bedrooms. 2020 Trenton median and average rent data will be released in September of 2021.eval(ez_write_tag([[580,400],'deptofnumbers_com-medrectangle-3','ezslot_0',117,'0','0'])); Data is also available below for Trenton rental vacancy rates, Trenton rent as a percent of median income and the fraction of renters in Trenton. (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). See Page 3 of 7 for Trenton, NJ apartments for rent. A cheap apartment in Trenton, NJ offers little storage space and fewer amenities compared to other apartments. Search 56 Single Family Homes For Rent in Trenton, New Jersey. Looking for a three-bedroom apartment in Trenton, NJ? Browse the Best Apartments for Rent in Trenton, NJ! Official Cheap Trenton Homes for rent from $500 . Rent Prices. In 2019 37.45% of households were renters according to Census ACS data. Peruse Apartment Guide's 32 rental listings in and around Trenton to find everything that you want in a home. For Trenton, median monthly gross rent as a fraction of median household income was 18.63% in 2019 according to the ACS. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied. The rent index shall be computed by taking the twelve-month average of the United States Housing Component of the Consumer Price Index-U for Rent (Residential) immediately preceding the beginning of each six-month period. Compared to last year, the average rent price has remained flat. Browse 2 storage facilities in Trenton, NJ, that offer clean, dry and secure self-storage units. The average rent for a 1-bedroom apartment apartment in Central West, Trenton, NJ is currently $900. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market. A 2 bedroom apartments Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. Last updated on December 9, 2020. View houses for rent in West Trenton, NJ. The average rent for a 1-bedroom apartment apartment in Trenton, NJ is currently $1,299. Apartment rent in Trenton has increased by 2.0% in the past year. 1 Average gross rent in Trenton was $1,290 in 2019. See floorplans, pictures, prices & info for available rental homes, condos, and townhomes in Trenton, NJ. Browse the Best 1 Bedroom Apartments for Rent in Trenton, NJ! The average rent for a 1-bedroom apartment apartment in South Trenton, Trenton, NJ is currently $800. Use our detailed filters to find the perfect place, then get in touch with the property manager. Trenton Average Rent. What are the A 2 bedroom apartments averages $1,461 and ranges Median gross rent for Trenton peaked in nominal terms in 2017 at $1,271 and is now $37 (2.91%) lower. Trenton New Jersey Residential Rent and Rental Statistics The median monthly gross residential rent in Trenton, NJ (the Trenton-Ewing metro area) was $1,234 in 2019 according to the Census ACS survey. Median gross rent for Trenton peaked in real terms in 2017 at $1,311 and is now $77 (5.87%) lower.