Trenton-Princeton, NJ MSA · FY2026 area median income $139,800 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $488 | $732 | $977 | $1,221 | $1,465 | $1,709 | $1,954 |
| 1BR | $523 | $784 | $1,046 | $1,308 | $1,569 | $1,831 | $2,093 |
| 2BR | $628 | $942 | $1,256 | $1,570 | $1,884 | $2,198 | $2,512 |
| 3BR | $725 | $1,088 | $1,451 | $1,813 | $2,176 | $2,539 | $2,902 |
| 4BR | $809 | $1,214 | $1,619 | $2,023 | $2,428 | $2,833 | $3,238 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $29,310 | $48,850 | $58,620 | $78,160 |
| 2 persons | $33,480 | $55,800 | $66,960 | $89,280 |
| 3 persons | $37,680 | $62,800 | $75,360 | $100,480 |
| 4 persons | $41,850 | $69,750 | $83,700 | $111,600 |
| 5 persons | $45,210 | $75,350 | $90,420 | $120,560 |
| 6 persons | $48,570 | $80,950 | $97,140 | $129,520 |
| 7 persons | $51,900 | $86,500 | $103,800 | $138,400 |
| 8 persons | $55,260 | $92,100 | $110,520 | $147,360 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in Mercer County to see the sources and uses, bond test, DSCR, and funding gap using these rents.