FMRFinder

Mercer County, NJ fair market rent

Trenton-Princeton, NJ MSA · FY2027 · upcoming · effective October 1, 2026

$2,2422 bedrooms / month

Illustrative 90–110% range $2,018–$2,466 · +15.0% from FY2026

Gross rent including tenant-paid utilities. The range is HUD's basic payment-standard band, not your PHA's adopted standard or your voucher payment; your PHA's effective date may differ. Metro FMR area. U.S. county median 2BR $1,056.

Your housing authority's payment standard: not verified on this page.

Confirm the amount, bedroom size, utility allowance and effective date for the unit's address before relying on it.

HUD rents by bedroom count
UnitFY2027FY2026Change
Studio$1,561$1,344+16.1%
1 bedroom$1,764$1,545+14.2%
2 bedrooms$2,242$1,950+15.0%
3 bedrooms$2,741$2,338+17.2%
4 bedrooms$3,081$2,670+15.4%

Source: HUD Fair Market Rent data, FMR_All_1983_2027.csv, retrieved 2026-09-19.

2-bedroom FMR, last 11 years

HUD's fiscal year runs October to September, so the FY2027 figure applies from October 1, 2026. The FMR is the 40th-percentile gross rent (rent plus tenant-paid utilities) for standard-quality units, from Census ACS data trended forward with recent rent surveys. It is not a rent cap for private landlords. Data & method

Small Area FMRs by ZIP code

36 ZIPs in Trenton-Princeton, NJ MSA

New Jersey areas with a similar 2BR rent

All 21