Rental numbers for Mercer County, NJ
The typical home here runs -$1,603 a month at 7.78% with 25% down. 0 of 14 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.4%.
- Gross yield
- 6.8%
- typical home, Zillow
- Median ZIP yield
- 6.4%
- 14 ZIPs with full data
- Cash flow
- -$1,603/mo
- at 7.78%, 25% down
- Typical price
- $445,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $2,513/mo
- Zillow ZORI, Aug 2026
ZIP codes in Mercer County
19 with published figures
| 08611Trenton | $202,000 | $1,940 | 11.5% | 5.3% | -$196 | +4.0% |
| 08609Trenton | $213,000 | $1,922 | 10.8% | 5.0% | -$262 | n/a |
| 08618Ewing | $272,000 | $2,074 | 9.2% | 3.5% | -$681 | +2.9% |
| 08629Trenton | $264,000 | $1,830* | 8.3% | 2.9% | -$776 | n/a |
| 08638Ewing | $319,000 | $1,938 | 7.3% | 2.1% | -$1,145 | n/a |
| 08520Hightstown | $469,000 | $2,626 | 6.7% | 2.0% | -$1,758 | n/a |
| 08648Lawrence Township | $471,000 | $2,561 | 6.5% | 2.2% | -$1,671 | +2.1% |
| 08610Trenton | $355,000 | $1,908 | 6.4% | 1.7% | -$1,401 | n/a |
| 08619Trenton | $433,000 | $2,305 | 6.4% | 1.9% | -$1,643 | +5.0% |
| 08628Ewing | $431,000 | $2,198 | 6.1% | 1.2% | -$1,880 | n/a |
| 08534Pennington | $683,000 | $3,063 | 5.4% | 1.7% | -$2,720 | +8.2% |
| 08560Titusville | $671,000 | $2,930* | 5.2% | 0.9% | -$3,096 | n/a |
| 08690Trenton | $489,000 | $2,061 | 5.1% | 0.7% | -$2,357 | n/a |
| 08691Trenton | $645,000 | $2,536 | 4.7% | 1.0% | -$2,924 | n/a |
| 08620Trenton | $466,000 | $1,740* | 4.5% | 0.2% | -$2,447 | n/a |
| 08540Princeton | $980,000 | $3,503 | 4.3% | 1.3% | -$4,254 | +3.0% |
| 08525Hopewell | $671,000 | $2,290* | 4.1% | 0.6% | -$3,302 | n/a |
| 08542Princeton | $904,000 | $3,083 | 4.1% | 1.1% | -$4,082 | n/a |
| 08550West Windsor Township | $1,016,000 | $2,930* | 3.5% | 0.6% | -$4,963 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +0.2%
- Rent, 12 months
- +2.9%
- Rent minus price growth
- +2.7 pts
- Property tax
- 2.36%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $331,086 | $1,899 |
| Aug 2022 | $369,734 | $2,140 |
| Aug 2023 | $398,786 | $2,287 |
| Aug 2024 | $433,036 | $2,377 |
| Aug 2025 | $444,057 | $2,441 |
| Aug 2026 | $445,078 | $2,513 |
HUD Fair Market Rent
FY2027, Trenton-Princeton, NJ MSA
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,561 | $1,764 | $2,242 | $2,741 | $3,081 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 6.5
- 929 units, last 12 months
- National percentile
- 56th
- among US counties
Tools
Test a listing in Mercer County against today's rate.
Open the calculatorPart of the Trenton, NJ metro.
Questions
- Is Mercer County good for rental property?
- The typical home here runs -$1,603 a month at 7.78% with 25% down. 0 of 14 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.4%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Mercer County?
- About 2.36% of value, from Census ACS median taxes paid over median home value. On a $445,000 home that is about $10,499 a year.
- What is Fair Market Rent in Mercer County?
- HUD's FY2027 Fair Market Rent here is $1,764 for a 1-bedroom, $2,242 for a 2-bedroom and $2,741 for a 3-bedroom. Typical cash flow at today's rate is -$1,603 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.