Metropolitan Area

Trenton, NJ

New Jersey0
53
/100
Hold
#679 of 894 metros
Top 76% nationally for investing

Market Snapshot

$446,377
Median Home Price
75% above national median
$2,623/mo
Median Rent
89% above national median
7.05%
Rent-to-Price Ratio
Top 24% nationally
-$635
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Median Home Price

Median Rent

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$446,377
Down Payment (20%)$89,275
Loan Amount$357,102
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$2,623
Monthly P&I-$2,340
Est. Expenses (35%)-$918
Net Cash Flow-$635/mo
4.6%
Cap Rate (all cash)
-7.4%
Cash-on-Cash Return
7.05%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 4.6% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
53/100
53
Cash Flow(30%)
71/100

Based on 7.05% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
49/100

Based on 0.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
36/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Above-average rent-to-price ratio (7.05%)
  • +Low unemployment (0.0%)

Challenges

  • -Negative cash flow at typical financing (-$635/mo)
  • -Negative leverage (cap rate 4.6% < mortgage rate 6.9%)
  • -High price-to-income ratio makes financing challenging

Counties in Trenton, NJ

County data is being compiled for this metro area.

Section 8 in Trenton, NJ: payment standards by ZIP, PHA waitlist status, and voucher counts are on VoucherMatch, the same HUD dataset with the tenant demand side attached.

Compare to Similar Metros

Metro AreaVerdict
Columbus, MS
Columbus, MS
73$190,558$1,3918.76%BuyView
Salina, KS
Salina, KS
73$180,234$1,0446.95%BuyView
Marion, IN
Marion, IN
73$156,372$8866.80%BuyView
Oneonta, NY
Oneonta, NY
73$216,762$1,4798.19%BuyView
Fairmont, WV
Fairmont, WV
73$169,410$1,1488.13%BuyView
Current
Trenton, NJ
53$446,377$2,6237.05%Hold

Rent vs buy in this metro

Rent vs buy in Trenton, NJMedian $431,761 · rent $2,514/mo

The Bottom Line

HoldTrenton, NJ is a neutral market. Consider house hacking or targeting below-market deals in specific counties.

The Trenton, NJ metro area scores 53/100, ranking #679 of 894 US metros (top 76%). The 7.05% rent-to-price ratio indicates moderate cash flow potential. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-635/mo
Cap Rate
4.6%
Cash-on-Cash
-8.5%

Ready to Invest in Trenton, NJ?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

Single Family1-4 unit rentalsHouse HackOwner-occupiedMultifamily5+ unit properties
Explore Other Markets