Market Summary

Princeton, Mercer County, NJ

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Median Home Price Price

$926,177 $926.2K

Median Monthly Rent Rent

$2,873 $2.9K

GRM

27.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Mercer County

Region Price Rent GRM Display
$976,071 $3,425 24.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NJ outside of Mercer County

Region Price Rent GRM Display
$689,082 $2,903 20.0x
$635,732 $2,862 19.0x
$614,548 $2,643 19.0x
$463,792 $3,113 12.0x
$793,758 $2,885 23.0x
$747,336 $3,172 20.0x
$503,010 $1,872 22.0x
$840,383 $2,927 24.0x
$534,346 $2,152 21.0x
$1,000,043 $4,443 19.0x
$742,112 $2,443 25.0x
$609,422 $2,492 20.0x
$698,516 $2,321 25.0x
$632,204 $3,289 16.0x
$793,190 $2,395 28.0x
$703,964 $2,767 21.0x
$622,380 $2,490 21.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NJ

Region Price Rent GRM Display
$1,931,695 $2,905 55.0x
$2,207,735 $2,905 63.0x
$1,687,120 $2,875 49.0x
$600,333 $2,848 18.0x
$1,189,749 $3,044 32.0x
$1,063,386 $2,989 30.0x
$742,911 $2,968 21.0x
$626,722 $2,918 18.0x
$787,160 $2,526 26.0x
$1,011,103 $3,100 27.0x
$1,070,973 $2,940 30.0x
$786,861 $3,144 21.0x
$1,321,875 $2,895 38.0x

Home prices

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Monthly rent

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GRM

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Princeton

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Trend Insights

Median Rent in Princeton, NJ is $2,873, with MoM change +$30 and YoY change +$242 pointing to positive momentum while volatility is low (std $61).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Princeton, NJ.

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Metric
Base market Princeton, NJ
Compare market Select a market
Delta vs base
Median rent
$2,873
N/A
Median price
$926,177
N/A
YoY change
+$242
N/A
Price-to-rent
26.9x
Data unavailable
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