The average monthly rent of apartments in Trenton, NJ is $1,511.
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Rental prices in Trenton, NJ have increased by 5.43% over the past year. The average rent moved from $1,433 to $1,511.
Compared to the national average rent of $1,740, the average rent in Trenton, NJ is $1,511.
The average monthly rent of apartments in Trenton, NJ is $1,511.
About 27% of apartment rents in Trenton, NJ range between $1,501-$2,000. Meanwhile, apartments around $2,001-$2,500 represent 12% of apartments. Around 41% of Trenton’s apartments are in the $1,001-$1,500 price range. 18% of apartments are priced ≤ $1000. A share of 2% of apartment rentals in Trenton are in the $2,501-$3,000 range.
The largest share of rentals in Trenton, NJ (41%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
In Trenton 62% of the housing is rented out compared to 38% of homes are owned, according to the most recent Census Bureau estimates. 21% of Trenton's apartments are found in large buildings of 50 units or more, 69% are located in smaller apartment complexes with less than 50 units, and 9% are single-family rentals.
Trenton, the capital city of New Jersey, is strategically located between New York City and Philadelphia, making it an ideal place for those commuting to these larger cities while preferring a smaller community feel. The city’s economy is driven by sectors such as government services, manufacturing, and healthcare, attracting a diverse range of professionals. For outdoor enthusiasts, the Delaware River provides scenic beauty and recreational activities, and Cadwalader Park, designed by Frederick Law Olmsted, offers abundant green space for relaxation and leisure activities. Trenton is also rich in arts and history, home to the New Jersey State Museum and the Trenton City Museum at Ellarslie Mansion. The city's historic sites include the New Jersey State House and the Old Barracks Museum, providing a glimpse into its significant past. Trenton's culinary scene offers a variety of dining options, with an emphasis on Italian cuisine reflecting its considerable Italian-American population, along with a growing number of Latin American eateries. Educational opportunities are ample with several public school options and nearby higher education institutions such as Thomas Edison State University.
Trenton offers a diversity of rental options across its neighborhoods. From the historic Mill Hill neighborhood, with its colonial and Victorian homes, to the more modern apartment complexes in downtown Trenton, renters have a variety of choices. Mill Hill residents enjoy proximity to downtown Trenton's business district and cultural sites like the Mill Hill Playhouse. Downtown Trenton appeals to young professionals and those interested in a more urban lifestyle, with easy access to government buildings and transportation hubs. Typical rental properties range from renovated historical houses to modern apartments, catering to families and singles alike.
Trenton offers a mix of shopping experiences from large centers to unique local districts. The Capital Plaza on the outskirts of the city features a selection of larger retail chains and department stores. For a more localized shopping experience, South Warren Street provides a variety of shops specializing in everything from contemporary fashion to traditional goods. Common grocery stores like Food Bazaar and Save A Lot are readily available, and the Trenton Farmers Market offers fresh local produce and goods, highlighting the city's connection to regional agriculture and small businesses.
Public transportation in Trenton is primarily served by NJ Transit, which offers extensive bus services throughout the city and commuter train services to New York City and Philadelphia. The River LINE light rail also connects Trenton with Camden, with stops at several key community points and attractions along the route. For those traveling by air, Trenton-Mercer Airport provides regional flights, making it a convenient option for national travel. The city’s location along major highways such as Interstate 95 also facilitates easy car travel to nearby metropolitan areas.
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