Skip to main content
Loading page
Mercer County/Trenton/08610

08610

ZIPSAFMR
Mercer County, NJ
Zillow

ZIP Investment Score

95Above average

095130300
BRFMR
Eff. Rent
0 BR$1,460$1,610
1 BR$1,640$1,800
2 BR$2,090$2,090
3 BR$2,550$2,490
4 BR$2,870$2,600
5 BR$3,300Not available
6 BR$3,796Not available
7 BR$4,365Not available
8 BR$5,020Not available

Purchase Price Calculator

Maximum purchase price
$248,657

Cost breakdown

+Likely effective rent$2,090
HUD FMR$2,090
Market rent$2,090
Est. payment standard (100%)Used$2,090
-Principal and interest-$1,257
Loan amount$198,925
Down payment$49,731
Rate6.50%
Term30 years
-Operating costs-$633
Property taxes-$249
Insurance-$175
Utilities$0
HOA$0
Management-$209
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$33,446(67.3% ROI)
Projected value
$267,776
Return breakdown
Property appreciation+$19,119
Loan principal paid down+$7,127
Rental cash flow+$7,200
5-year hold
+$57,385(115.4% ROI)
Projected value
$281,332
Return breakdown
Property appreciation+$32,676
Loan principal paid down+$12,709
Rental cash flow+$12,000
10-year hold
+$123,929(249.2% ROI)
Projected value
$318,302
Return breakdown
Property appreciation+$69,645
Loan principal paid down+$30,284
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
0.73
1 BR
0.87
2 BR
1.00
3 BR
1.02
4 BR
1.10
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 08610 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 08610 (Trenton, NJ) is $2,090 a month. That is up 14.8% from $1,820 in FY 2026. Trenton is in the Trenton-Princeton, NJ MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 36 ZIP codes in Mercer County, 08610 has the 29th-highest two-bedroom rent (county range $1,760–$3,360). The median county two-bedroom FMR in New Jersey is $2,233, so ZIP 08610 is 6% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 08610
BedroomsFY 2027Change90–110% range
Studio$1,460+15.9%$1,314–$1,606
1BR$1,640+13.9%$1,476–$1,804
2BR$2,090+14.8%$1,881–$2,299
3BR$2,550+17.0%$2,295–$2,805
4BR$2,870+15.3%$2,583–$3,157

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 08610
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,460$1,640$2,090$2,550$2,870
FY 2026$1,260$1,440$1,820$2,180$2,490
FY 2025$1,290$1,480$1,870$2,250$2,530
FY 2024$1,240$1,410$1,820$2,200$2,430
FY 2023$1,030$1,180$1,540$1,870$2,070

Two-bedroom rent in nearby Mercer County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 08610
08601$2,240+7.2%
08602$2,240+7.2%
08603$2,240+7.2%
08604$2,240+7.2%
08605$2,240+7.2%
08606$2,240+7.2%
08607$2,240+7.2%
08608$1,760−15.8%
08609$1,830−12.4%
08610Current$2,090—
08611$2,030−2.9%
08618$1,760−15.8%

Questions about ZIP 08610 rents

How much will Section 8 pay for a two-bedroom in ZIP 08610?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,090, that basic range is $1,881 to $2,299 a month. 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 08610 in?

ZIP 08610 is in the Trenton-Princeton, NJ MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in ZIP 08610 for FY 2027?

The two-bedroom FMR rose 14.8%, from $1,820 in FY 2026 to $2,090 in FY 2027. Since FY 2023 it has risen 35.7%.

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 rentTrenton, NJ fair market rentNJ statewide rentsWhat is SAFMR?Data sources