What is the median rent in Hopewell Borough, NJ?

Name: Median rent in Hopewell Borough, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in Hopewell Borough, NJ is $1,856 (±$269) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 170 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Hopewell Borough, the median gross rent went from $1,605 in 2015–2019 to $1,856 in 2020–2024 (+15.6%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on November 12, 2026.

Median gross rent: $1,856 (±$269)
Rented homes: 170 (±58)
$2,000 or more: 40.1%
Since 2015–2019: +15.6%

How much rent costs in Hopewell Borough

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Hopewell Borough	Mercer County	New Jersey	United States
Less than $500	3.5% (±5.5 points)	7.8%	6.1%	6.3%
$500 to $999	11.2% (±14.3 points)	8.8%	7.9%	20.2%
$1,000 to $1,499	10.6% (±10.3 points)	26.4%	23.5%	28.1%
$1,500 to $1,999	34.7% (±19.8 points)	28.8%	28.5%	21.1%
$2,000 to $2,499	22.4% (±17.5 points)	14.5%	17.2%	12.0%
$2,500 to $2,999	11.2% (±10.9 points)	5.9%	7.9%	5.5%
$3,000 or more	6.5% (±6.5 points)	7.9%	8.9%	6.8%

The most common range is $1,500 to $1,999, paid by 34.7% of renting households.

40.1% of rented homes in Hopewell Borough cost $2,000 or more a month.

Hopewell Borough against Mercer County, its state and the nation

Estimate (90% margin of error)
	Hopewell Borough	Mercer County	New Jersey	United States
Median gross rent	$1,856 (±$269)	$1,623 (±$34)	$1,720 (±$7)	$1,413
Rented homes paying rent	170 (±58)	52,951 (±1,688)	1,230,839 (±7,912)	42,849,984

In Hopewell Borough, median gross rent is not measurably different from Mercer County ($1,623).

It is not measurably different from New Jersey ($1,720).

It is higher than the national figure ($1,413).

In Mercer County, Hopewell Borough ranks 7 of 12 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 216 of 548.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Hopewell Borough has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$1,605 (±$169)	$1,856 (±$269)	+15.6%	No measurable change after inflation
Households that rent	24.9% (±4.3 points)	23.6% (±7.4 points)	−1.3 percentage points	Not a measurable change
Rental vacancy rate	0.0% (±17.2 points)	0.0% (±22.4 points)	0.0 percentage points	Not a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Hopewell Borough

Nearest places with a published estimate, compared with Hopewell Borough
Place	Distance	Median gross rent	Compared with this place
Hopewell Borough	—	$1,856 (±$269)	—
Hopewell Township (Mercer County)	3.4 mi	$2,128 (±$160)	Not measurably different
East Amwell Township	4.4 mi	$1,879 (±$328)	Not measurably different
Pennington Borough	4.6 mi	$1,886 (±$186)	Not measurably different
Montgomery Township	5.2 mi	$2,188 (±$372)	Not measurably different
Princeton	5.5 mi	$2,636 (±$281)	Higher
Lawrenceville	6.1 mi	$2,241 (±$275)	Higher
West Amwell Township	6.6 mi	$2,217 (±$313)	Not measurably different
Rocky Hill Borough	6.6 mi	$1,799 (±$93)	Not measurably different

Nearby places with a measurably higher figure: Princeton, NJ ($2,636), Lawrenceville, NJ ($2,241).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Mercer County, place by place

Rank	Place	Median gross rent
1	Princeton	$2,636 (±$281)
2	West Windsor Township	$2,327 (±$181)
3	Hopewell Township (Mercer County)	$2,128 (±$160)
4	Robbinsville Township	$2,076 (±$176)
5	Lawrence Township (Mercer County)	$2,020 (±$107)
6	Pennington Borough	$1,886 (±$186)
7	Hopewell Borough	$1,856 (±$269)
8	Ewing Township	$1,679 (±$81)
9	Hamilton Township (Mercer County)	$1,634 (±$59)
10	East Windsor Township	$1,626 (±$68)
11	Hightstown Borough	$1,606 (±$158)
12	Trenton	$1,294 (±$52)

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Hopewell Borough

What is the average rent in Hopewell Borough, NJ?

The Census Bureau publishes the median rather than the average: the median gross rent in Hopewell Borough is $1,856 (±$269) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Hopewell Borough?

In Hopewell Borough, the median gross rent went from $1,605 in 2015–2019 to $1,856 in 2020–2024 (+15.6%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in Hopewell Borough cost more than $2,000 a month?

40.1% of rented homes in Hopewell Borough have a gross rent of $2,000 or more a month, and 3.5% cost less than $500.

Is rent in Hopewell Borough higher than in Mercer County?

In Hopewell Borough, median gross rent is not measurably different from Mercer County ($1,623).

It is not measurably different from New Jersey ($1,720).

It is higher than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Hopewell borough, Mercer County, New Jersey (county subdivision:33150, in state:34 county:021).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.