Trenton, NJ housing market

Mercer CountyTrenton, NJ metroData through Sep 2026
Typical home value
$343K
▼ 1.8% 1 yr
Typical rent
$2,030/mo
▲ 0.2% 1 yr
Gross rent yield
7.1%
U.S. 6.3%
5-year home value change
+36%
U.S. +20%

Key takeaways

  • 1The typical home in Trenton is worth $343,291, down 1.8% over the past year and up 36% over five years.
  • 2Typical rent is $2,030 a month (+0.2% YoY), a gross rent yield of 7.1% (above the Trenton, NJ metro's 6.9%).
  • 3With 20% down at 7.32%, principal and interest on the typical home is about $1,887/mo, $143 less than typical rent.
  • 4Zillow forecasts the Trenton, NJ metro's home values to change +0.2% over the next 12 months.
Market temperature (Trenton, NJ metro)
Neutral market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 55/100, #83 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value, Trenton
Latest $343K
$157K$217K$277K$337K2016201920222025
Typical monthly rent, Trenton
Latest $2,030
$1,214$1,471$1,729$1,9862016201920222025

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Trenton compares

MeasureTrentonTrenton, NJ metroUnited States
Typical home value$343,291$439,977$366,157
Home value, 1-yr change−1.8%+0.2%+1.2%
Typical rent$2,030$2,523$1,932
Rent, 1-yr change+0.2%+2.4%+2.7%
Gross rent yield7.1%6.9%6.3%
Price-to-rent ratio14.114.515.8
Mortgage P&I, typical home$1,887$2,418$2,012

Run the numbers

Other cities in the Trenton, NJ metro

Trenton, NJ metro report →New Jersey housing market →

City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.