Rentometer, Inc. | Data as of 10/22/2025
Mercer County, New Jersey, offers a dynamic rental market that balances historic charm with modern convenience. From the lively streets of downtown Trenton to the university‑centric neighborhoods of Princeton, renters enjoy easy access to cultural attractions, top‑rated schools, and major commuter corridors such as the NJ Transit rail lines and the I‑295 corridor. The area’s mix of vibrant urban centers and leafy suburban enclaves makes it appealing to professionals, students, and families alike.
Apartment rentals in Mercer typically fall within the $2,000 range for studios and one‑bedroom units, with median rents just under $2,000. Two‑bedroom apartments move toward the $2,600 median, while three‑bedroom units command a median near $3,400, reflecting the demand for spacious living near downtown amenities and campus housing. Single‑family homes provide comparable options: one‑ and two‑bedroom houses generally rent around the $2,000 mark, three‑bedroom homes see median rents near $2,500, and larger four‑plus‑bedroom properties exceed the $3,900 average, catering to growing families and those seeking extra space.
Beyond price points, Mercer’s rental inventory includes a variety of housing styles—from historic brick townhouses and modern condo complexes to detached suburban homes with backyard gardens. Proximity to landmarks such as the Delaware River waterfront, the New Jersey State Museum, and the Princeton University campus enhances lifestyle appeal, while a robust network of parks, restaurants, and shopping districts ensures residents enjoy both convenience and quality of life. Whether you’re looking for a compact studio near transit or a spacious family home in a quiet neighborhood, Mercer County’s rental market offers diverse options to suit a wide range of preferences.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $2,123 | $2,175 | $1,379 - $2,930 | $1,490 - $2,630 |
| Apartment | 1 Bedroom | $2,147 | $2,010 | $680 - $3,950 | $1,670 - $2,632 |
| Apartment | 2 Bedroom | $2,820 | $2,585 | $945 - $6,729 | $2,215 - $3,360 |
| Apartment | 3 Bedroom | $3,296 | $3,263 | $1,450 - $5,160 | $2,665 - $3,695 |
| House | 1 Bedroom | $2,100 | $2,100 | $1,700 - $2,500 | $2,000 - $2,500 |
| House | 2 Bedroom | $2,281 | $2,000 | $1,650 - $7,000 | $1,775 - $2,150 |
| House | 3 Bedroom | $2,991 | $2,550 | $1,250 - $7,000 | $2,000 - $3,550 |
| House | 4+ Bedroom | $3,806 | $2,700 | $750 - $13,500 | $2,400 - $4,800 |
In the current period, the average rent in Mercer was $2,028 for Studio, $2,146 for 1 Bedroom, $2,685 for 2 Bedroom, $3,066 for 3 Bedroom, and $3,326 for 4+ Bedroom.
Data provided by Rentometer, Inc.