ZIP Code · NJ

ZIP 08691

Part of Trenton, NJ
Pop. 16,607·Mercer County·101st most expensive ZIP in New Jersey
Median rent (all units)
$2,597/mo
Year-over-Year
Stable
Month-over-Month
-12.0%
vs US Median
+$632
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 08691 · $2,597
More expensive than 81% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,710
1 BR
$1,970
2 BR
$2,480
3 BR
$2,980
4 BR+
$3,400
Research median
$2,480/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$31,164/yr
At $2,597/mo median
Location
StateNJ
CountyMercer County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -12.0% MoM), not inventory.
Demographics

Who lives here

ZIP 08691 (Trenton, NJ) is majority owner-occupied, has a median income above the national average, 65.7% of residents hold a bachelor's degree or higher.

Population
16,607
Median income
$132,520
Median age
44.6
Renters
25.2%
Age distribution
24.7%
32.5%
13.9%
17.3%
Under 1824.7%
18–3411.6%
35–5432.5%
55–6413.9%
65+17.3%
Gender
45.7%
54.3%
Male45.7%
Female54.3%
Race & ethnicity
61.2%
27.3%
White61.2%
Black3.1%
Hispanic5.4%
Asian27.3%
Other2.9%
Education (25+)
15.3%
15.2%
65.7%
No HS diploma3.8%
HS diploma15.3%
Some college15.2%
Bachelor's+65.7%
Housing tenure
74.8%
25.2%
Owner74.8%
Renter25.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 08691 in Trenton, NJ has changed in 5 years

Income
$126,733 → $132,520
up 4.6%
Population
16,730 → 16,607
down 0.7%
Renter share
17.8% → 25.2%
+7.4 pts
Bachelor's+
61.9% → 65.7%
+3.8 pts

On the earnings side, the typical household in ZIP 08691 in Trenton, NJ now reports about $132,520, up from $126,733 in 2021. Renters now make up 25.2% of households, compared with 17.8% five years ago. College-educated residents now make up 65.7% of adults here, versus 61.9% in 2021.

Community

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Local insights

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About renting in ZIP 08691

Last updated: July 20, 2026

ZIP code 08691 covers Trenton, NJ. The median rent here is $2,597/mo as of July 2026. A 1-bedroom rents for a median of $1,970/mo. A 2-bedroom rents for a median of $2,480/mo.

At 24% of local median household income ($132,520/yr), ZIP 08691 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 08691?

As of July 20, 2026, the median monthly rent in ZIP 08691 (Trenton, NJ) is $2,597. This is based on aggregated data from public sources and community submissions.

How does ZIP 08691 rent compare to the US average?

ZIP 08691's median rent of $2,597/mo is $632 (32%) above the US national median of $1,965/mo.

How does ZIP 08691 compare to other ZIPs in New Jersey?

ZIP 08691 falls in the middle range for New Jersey, ranking #101 out of 212 ZIPs at $2,597/mo.

How much income do you need to rent in ZIP 08691?

To keep rent at or below 30% of gross income, you would need to earn at least $104,000/year (~$50/hour full-time) to afford the median rent of $2,597/mo in ZIP 08691. The local median household income is $132,520/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 08691?

Rent in ZIP 08691 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 08691 an affordable place to rent?

ZIP 08691 is considered very affordable for renters. At $2,597/mo, rent takes approximately 24% of the local median household income ($132,520/yr). The standard benchmark is 30%. ZIP 08691 falls comfortably within that range.

What percentage of ZIP 08691 residents rent vs. own?

According to Census data, approximately 25.2% of ZIP 08691 households are renters, while 74.8% are owner-occupied. ZIP 08691 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 08691 compare to the rest of Trenton?

ZIP 08691 is pricier than Trenton as a whole. At $2,597/mo, it's $458 above the Trenton citywide median of $2,139/mo.

When was rent data for ZIP 08691 last updated?

Rent data for ZIP 08691 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
24%
VERY AFFORDABLE

At $2,597/mo, rent takes ~24% of ZIP 08691's median household income ($132,520/yr). The standard benchmark is 30%.

ZIP 08691 24%Benchmark 30%
State income tax1.4–10.75%
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Schools nearby

Public schools near ZIP 08691 (Trenton, NJ)

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