FY2027 Small Area FMR · Trenton, NJ

ZIP 08629 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 08629 (Trenton, NJ) is $1,820 a month, down 0.5% from FY2026. That is 19% below the Trenton-Princeton, NJ area-wide FMR of $2,242.

2-bedroom SAFMR$1,820per month ▼ 0.5%

Area-wide 2 BR FMR$2,242Trenton-Princeton, NJ

Rank in the area34thof 36 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,638

2 BR Small Area FMR$1,820

110% of SAFMR$2,002

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,270▲ 0.8%

1 BR$1,430▼ 1.4%

2 BR$1,820▼ 0.5%

3 BR$2,230▲ 1.4%

4 BR$2,500▲ 0.8%

FY2027 FY2026

Where 08629 sits in the Trenton-Princeton, NJ area

Of the 36 ZIP codes HUD lists for the area, 08629 has the 34th highest two-bedroom Small Area FMR. Trenton-Princeton, NJ is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $2,242 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,820 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,270	$1,143 – $1,397	$1,561	$1,260
1 bedroom	$1,430	$1,287 – $1,573	$1,764	$1,450
2 bedrooms	$1,820	$1,638 – $2,002	$2,242	$1,830
3 bedrooms	$2,230	$2,007 – $2,453	$2,741	$2,200
4 bedrooms	$2,500	$2,250 – $2,750	$3,081	$2,480

A household renting a two-bedroom home at the Small Area FMR of $1,820 needs about $72,800 a year to keep housing costs at 30% of income. The area median family income is $139,800 and the 80% low-income limit for four people is $106,800. ZIP code 08629 lies mainly in Mercer County. See the Trenton-Princeton, NJ county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
08609	Trenton	0.6 mi	$1,830
08608	Trenton	1.9 mi	$1,760
08610	Trenton	2.2 mi	$2,090
08619	Trenton	2.4 mi	$2,370
08611	Trenton	2.6 mi	$2,030
08638	Trenton	2.9 mi	$2,250

Questions

What is the Fair Market Rent for ZIP code 08629?

HUD's FY2027 Small Area Fair Market Rents for 08629 are $1,270 (studio), $1,430 (1 BR), $1,820 (2 BR), $2,230 (3 BR) and $2,500 (4 BR) a month.

What is the Section 8 payment standard in 08629?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 08629 that range is $1,638 to $2,002 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 08629?

The FY2026 income limits of the Trenton-Princeton, NJ area apply: median family income $139,800, low-income (80%) limit $106,800 for a family of four.