FY2026 Fair Market Rents — Trenton, NJ MSA
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$1,344
1BR
$1,545
2BR
$1,950
3BR
$2,338
4BR
$2,670
Hours/week at min wage
97 hrs
to afford the 2BR FMR @ $15.49/hr (NJ)
YoY change (2BR)
-3.8%
$78 vs FY2025 · 5-yr +26.7%
Voucher payment standard
$1,755–$2,145
PHAs set HCV payment at 90–110% of the 2BR FMR
Trenton, NJ MSA
Non-Metropolitan area · NJ · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,344 | $16,128 |
| 1-Bedroom | $1,545 | $18,540 |
| 2-Bedroom | $1,950 | $23,400 |
| 3-Bedroom | $2,338 | $28,056 |
| 4-Bedroom | $2,670 | $32,040 |
Recent 2-Bedroom FMR Trend
FY2020 $1,456 → FY2026 $1,950
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,344 | $1,545 | $1,950 | $2,338 | $2,670 |
| FY2025 | $1,391 | $1,605 | $2,028 | $2,443 | $2,747 |
| FY2024 | $1,354 | $1,550 | $1,998 | $2,416 | $2,661 |
| FY2023 | $1,158 | $1,321 | $1,732 | $2,108 | $2,327 |
| FY2022 | $1,072 | $1,226 | $1,613 | $1,994 | $2,187 |
| FY2021 | $1,015 | $1,170 | $1,539 | $1,914 | $2,107 |
| FY2020 | $949 | $1,128 | $1,456 | $1,814 | $2,056 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $139,800
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $29,300 | $33,500 | $37,700 | $41,850 | $45,200 | $48,550 |
| 50% AMI (Very Low) | $48,850 | $55,800 | $62,800 | $69,750 | $75,350 | $80,950 |
| 80% AMI (Low) | $74,800 | $85,450 | $96,150 | $106,800 | $115,350 | $123,900 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$23,400/yr
FMR as % of Area Median Income
16.7% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$78,000/yr
$6,500/mo gross income
FY2026 LIHTC Maximum Rents
Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →
| AMI Band | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| 50% AMI Maximum | $1,223 | $1,398 | $1,572 | $1,887 | $2,027 |
| 60% AMI Maximum | $1,467 | $1,677 | $1,887 | $2,264 | $2,432 |
FY2026 HOME Program Rent Limits
Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →
| Limit Type | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| High HOME Rent | $1,344 | $1,545 | $1,950 | $2,271 | $2,271 |
| Low HOME Rent | $1,221 | $1,395 | $1,570 | $1,743 | $1,883 |
Compare Trenton, NJ MSA With Other NJ Metros
vs. Atlantic City-Hammonton, NJ MSA
vs. Bergen-Passaic, NJ HUD Metro FMR Area
vs. Cape May County, NJ HUD Metro FMR Area
vs. Jersey City, NJ HUD Metro FMR Area
vs. Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area