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Mercer County/Princeton Junction/08550

08550

ZIPSAFMR
Mercer County, NJ
Zillow

ZIP Investment Score

67Below average

095130300
BRFMR
Eff. Rent
0 BR$2,340$2,220
1 BR$2,640$2,160
2 BR$3,360$2,220
3 BR$4,110$3,350
4 BR$4,620$4,290
5 BR$5,313Not available
6 BR$6,110Not available
7 BR$7,026Not available
8 BR$8,080Not available

Purchase Price Calculator

Maximum purchase price
$267,975

Cost breakdown

+Likely effective rent$2,220
HUD FMR$3,360
Market rentUsed$2,220
Est. payment standard (90%)$3,020
-Principal and interest-$1,355
Loan amount$214,380
Down payment$53,595
Rate6.50%
Term30 years
-Operating costs-$665
Property taxes-$268
Insurance-$175
Utilities$0
HOA$0
Management-$222
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$35,485(66.2% ROI)
Projected value
$288,579
Return breakdown
Property appreciation+$20,605
Loan principal paid down+$7,681
Rental cash flow+$7,200
5-year hold
+$60,911(113.7% ROI)
Projected value
$303,189
Return breakdown
Property appreciation+$35,214
Loan principal paid down+$13,697
Rental cash flow+$12,000
10-year hold
+$131,692(245.7% ROI)
Projected value
$343,030
Return breakdown
Property appreciation+$75,056
Loan principal paid down+$32,637
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.05
1 BR
1.22
2 BR
1.51
3 BR
1.23
4 BR
1.08
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 08550 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 08550 (Princeton Junction, NJ) is $3,360 a month. That is up 14.7% from $2,930 in FY 2026. Princeton Junction is in the Trenton-Princeton, NJ MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $2,242. Among 36 ZIP codes in Mercer County, 08550 is tied for the highest two-bedroom rent (county range $1,760–$3,360). The median county two-bedroom FMR in New Jersey is $2,233, so ZIP 08550 is 50% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 08550
BedroomsFY 2027Change90–110% range
Studio$2,340+15.8%$2,106–$2,574
1BR$2,640+13.8%$2,376–$2,904
2BR$3,360+14.7%$3,024–$3,696
3BR$4,110+17.1%$3,699–$4,521
4BR$4,620+15.2%$4,158–$5,082

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 08550
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,340$2,640$3,360$4,110$4,620
FY 2026$2,020$2,320$2,930$3,510$4,010
FY 2025$2,080$2,410$3,040$3,660$4,120
FY 2024$2,030$2,330$3,000$3,630$4,000
FY 2023$1,740$1,980$2,600$3,160$3,490

Two-bedroom rent in nearby Mercer County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 08550
08520$2,240−33.3%
08525$2,450−27.1%
08530$2,590−22.9%
08534$2,790−17.0%
08540$2,890−14.0%
08542$3,3600.0%
08543$2,240−33.3%
08544$3,000−10.7%
08550Current$3,360—
08558$2,620−22.0%
08560$2,640−21.4%
08561$2,510−25.3%

Questions about ZIP 08550 rents

How much will Section 8 pay for a two-bedroom in ZIP 08550?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,242, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,018 to $2,466 a month; under the ZIP-level Small Area FMR of $3,360 it would be $3,024 to $3,696. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 08550 in?

ZIP 08550 is in the Trenton-Princeton, NJ MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,242.

How much did fair market rent change in ZIP 08550 for FY 2027?

The two-bedroom FMR rose 14.7%, from $2,930 in FY 2026 to $3,360 in FY 2027. Since FY 2023 it has risen 29.2%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentPrinceton Junction, NJ fair market rentNJ statewide rentsWhat is SAFMR?Data sources