Data / Median gross rent (monthly) / Mercer County

Median gross rent (monthly) in Mercer County

Median gross rent (monthly) in Mercer County was $1,623 in 2024, according to the U.S. Census Bureau. That is up 7.1% from 2023. That is the 11th highest of 21 counties in 2024.

2024, USD1,623
Change on 2023+7.1%
Rank11th of 21Counties in New Jersey ranked
Series high1,6232024
Series low1,3612021

Median gross rent (monthly) in Mercer County, 2021 to 2024

CSVChart (SVG)

1,3001,4001,5001,6001,70020212022202320242021: 1,361 USD2022: 1,454 USD2023: 1,515 USD2024: 1,623 USD
USD. Source: U.S. Census Bureau. Retrieved 2026-10-09, published 2026-01-29.
All 4 values
PeriodUSD
20241,623
20231,515
20221,454
20211,361

Compared with New Jersey and United States

Place2024
Mercer County1,623
New Jersey1,720
United States1,413

Rankings

Definition

Monthly gross rent of renter-occupied housing units paying cash rent, at the middle of the distribution, in US dollars of the last year of the period. Gross rent is the contract rent plus the estimated cost of utilities and fuels paid by the renter. United States: American Community Survey five-year estimate, where the period shown is the last year of the five-year span.

A median, not an average, of what all renters pay, including long-standing leases, so it is lower than asking rents for new listings. Medians outside the published range are coded 99 (under 100) or 3,501 (3,500 or more) and marked as estimated.

How to cite

U.S. Census Bureau. American Community Survey 5-year estimates, table B25064: median gross rent (dollars), renter-occupied housing units paying cash rent. https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25064.dat. Retrieved 2026-10-09.

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Questions

What is the median gross rent (monthly) in Mercer County?

Median gross rent (monthly) in Mercer County was $1,623 in 2024, according to the U.S. Census Bureau. That is up 7.1% from 2023. That is the 11th highest of 21 counties in 2024.

Where does this figure come from?

U.S. Census Bureau. American Community Survey 5-year estimates, table B25064: median gross rent (dollars), renter-occupied housing units paying cash rent. Retrieved by Invokely on 2026-10-09.

What was the highest median gross rent (monthly) in Mercer County?

$1,623 in 2024, the highest value since 2021 in this series.

More statistics for Mercer County

All statistics for Mercer County