States › New Jersey › Trenton

Is Trenton, NJ expensive to live in?

OKRent takes 26 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,22630% lower than U.S. average
💵 Families earn per year (2026)$56,661about $4,722/month · 35% lower than U.S. average
🔑 House price$160,70052% lower than U.S. average

Rent is lower than in 74% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most households rent (62%), so there are plenty of rental options.

How much money do I need?

To rent here comfortably, you should earn about $49,040 a year. That is $24 an hour at a full-time job.

Is rent cheaper than other New Jersey cities?

Yes. Rent here is cheaper than in most of New Jersey. It is number 9 of 291 cities from cheapest to most expensive.

Trenton
$1,226
$2,121
$2,444
$1,619
$1,700

How much do households earn in Trenton?

Under $25k
19.1%
$25k–50k
24.9%
$50k–100k
29.1%
$100k–150k
10.6%
$150k+
4.8%

Share of households by yearly income. 15.4% of households earn $100,000 or more.

Rent by apartment size in Trenton

SizeTrentonU.S. average
Studio$484$1,338
1 bedroom$1,100$1,324
2 bedrooms$1,480$1,509
3 bedrooms$1,918$1,698
4 bedrooms$1,953$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Trenton overall?

Everyday prices in the Trenton-Princeton metro area are 3% above the U.S. average (index 103.2, U.S. = 100).

Housing
135
Goods (food, clothes…)
100
Utilities
112
Other services
98
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.

Taxes and bills in Trenton

🏛️ Property tax$4,404a year · 2.74% of home value · U.S. $3,119
⚡ Electric bill$191a month (typical) · U.S. $156

Life in Trenton

Commute to work26.9 minU.S.: 26.4 min
College degree16.2%U.S.: 35.7%
Own their home37.9%U.S.: 65.2%
Below poverty line21.6%U.S.: 12.5%
Unemployment10.1%U.S.: 5.2%

What jobs pay in Trenton

JobMedian payRent / pay
Operations Manager$181,4508.1%
Nurse Practitioner$153,6309.6%
Pharmacist$138,91010.6%
Physician Assistant$138,88010.6%
Lawyer$138,76010.6%
Software Developer$128,77011.4%
Computer Systems Analyst$108,19013.6%
Civil Engineer$101,09014.6%
Dental Hygienist$100,92014.6%
Registered Nurse$99,99014.7%
Accountant$99,55014.8%
Electrician$98,21015.0%
Firefighter$88,09016.7%
Market Research Analyst$82,11017.9%
Elementary School Teacher$77,85018.9%
Plumber$76,36019.3%
Licensed Practical Nurse$75,38019.5%
HVAC Technician$75,24019.6%
Police Officer$69,16021.3%
Carpenter$65,69022.4%
Truck Driver$59,46024.7%
Customer Service Representative$47,59030.9%
Nursing Assistant$45,98032.0%
Medical Assistant$45,95032.0%
Restaurant Cook$38,40038.3%
Server (Waiter/Waitress)$38,07038.6%
Warehouse Worker$37,56039.2%
Retail Salesperson$36,72040.1%
Cashier$34,71042.4%

Is it cheaper to rent or buy in Trenton?

Buying is cheaper month to month: about $111 a month less than renting.

Renting
$1,226
Owning
$1,115

Owning assumes a typical $160,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $16,070 for the down payment.

Frequently asked questions

What is the average rent in Trenton, NJ?

Renting in Trenton costs a median of about $1,226 a month in 2026, including utilities. The New Jersey median is $2,240.

How much do I need to make to live in Trenton?

To keep rent under 30% of income, you need about $49,040 a year, or $24 an hour at a full-time job.

Is Trenton cheap or expensive?

Trenton is rated OK: rent takes 26.0% of the typical household income of $56,661. It ranks 9th cheapest of 291 New Jersey cities we track.

How much are property taxes in Trenton?

The median homeowner in Trenton pays $4,404 a year in property taxes, about 2.74% of the median home value.

Is Trenton more expensive than the national average?

Overall prices in the metro area are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Trenton?

The median home value in Trenton is $160,700, about 2.8 times the typical yearly household income.

90,338 people live in Trenton. Numbers are typical (middle) values.