Section 8 Fair Market Rent (FMR) for ZIP 08610 - 2027

Location: Trenton-Princeton, NJ | Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA

Investment Score for ZIP 08610

Monthly Rent (2BR)

$2,090

Median Price (2BR)

$303,647

1% Rule

0.69%

Annual Yield

8.26%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,460
1 Bedroom	$1,640
2 Bedrooms	$2,090
3 Bedrooms	$2,550
4 Bedrooms	$2,870
5 Bedrooms	$3,329
6 Bedrooms	$3,728
7 Bedrooms	$4,026
8 Bedrooms	$4,227

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
2BR	$2,090	$303,647	0.69%	D
3BR	$2,550	$368,060	0.69%	D
4BR	$2,870	$420,085	0.68%	D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

33,465

Median Household Income

$83,906

Housing Units

12,532

Renter Percentage

34.0%

Occupancy Rate

98.3%

Renter Occupied

4,185

The ZIP code 08610 in Trenton, NJ, presents a unique balance on the yield and stability spectrum. According to the data:

Yield: The Fair Market Rent (FMR) for ZIP 08610 in fiscal year 2024 is $1,820, while the median market rent is $2,013. This suggests a moderate yield potential, given that the FMR is slightly below the market rent. The median home value is $348,727, indicating that the capital investment required for properties in this area is substantial.
Stability: Renters make up 34.0% of the population, which is relatively low, suggesting a mixed occupancy scenario. The median days on market (DOM) is 56 days, slightly higher than the 28 days noted in the original data, indicating some variability in the time it takes to sell a property. However, the median household income of $83,906 provides a stable economic base for tenants, reducing the risk of vacancy.

In summary, ZIP 08610 is not a high-yield/low-stability flip-style market. Instead, it falls more into the category of a steady-cashflow zone. The slightly lower FMR compared to the market rent, combined with a decent income level and a reasonable DOM, indicates that the market supports long-term investments rather than quick flips. Landlords and small-portfolio investors should expect consistent cash flow but may need to be prepared for occasional fluctuations in the time it takes to sell a property.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). Demographics from U.S. Census (2024).

About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.