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City · 15,561 residents · Middlesex County, New Jersey

Princeton Meadows , New Jersey

In Princeton Meadows, a typical home is worth $665,700 and typical rent is $2,010 a month. Compared with all of Middlesex County, the typical home value is 44% higher, typical household income is 18% higher, and the share of households that own their home is 26 points lower.

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  • Typical home value

    $665,700

    44% above the county

    47% above New Jersey

    • Princeton Meadows
    • Middlesex
    • New Jersey

  • Typical rent

    $2,010a month

    7% above the county

    17% above New Jersey

    • Princeton Meadows
    • Middlesex
    • New Jersey

  • Typical household income

    $131,213a year

    18% above the county

    27% above New Jersey

    • Princeton Meadows
    • Middlesex
    • New Jersey

  • Households that own their home

    38%

    26 points below the county

    26 points below New Jersey

    • Princeton Meadows
    • Middlesex
    • New Jersey

Source: U.S. Census Bureau, Average 2020–2024

Princeton Meadows is in Middlesex County. The FHA loan limit ($1,249,125 for a one-unit home), the fair market rents and the help on this page are those of all of Middlesex County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Princeton Meadows apart

What this place has that others do not, from public data, most unusual first.

  1. 38% of households in Princeton Meadows own their home, against 64% in Middlesex County.

  2. Nearby, in Hightstown, the typical home value is $342,600: 49% less than in Princeton Meadows ($665,700).

  3. Princeton Meadows has the 8th smallest share of rent-burdened renters of the 249 cities in New Jersey with more than 5,000 people (32%).

  4. The typical home in Princeton Meadows is worth $665,700, 44% more than in Middlesex County as a whole ($462,900).

  5. Nearby, in Hightstown, the typical rent is $1,606: 20% less than in Princeton Meadows ($2,010).

  6. The typical household income in Princeton Meadows is $131,213, 18% more than in Middlesex County as a whole ($111,549).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Princeton Meadows

What homes there are in Princeton Meadows, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In Princeton Meadows, the apartment is the most common kind of home: 56%, against 24% in Middlesex County.

Year built

Homes in Princeton Meadows are newer: the typical year built is 1986; in Middlesex County, 1974.

Homes in Princeton Meadows are smaller: 32% have 3 bedrooms or more; in Middlesex County, 56%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$3,654 a month

Middlesex County: $2,877 a month

Owners with a mortgage

65%

Middlesex County: 63%

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Princeton Meadows does not have the same boundaries as in 2015–2019: that is why there is no change to compare. For reference, in Middlesex County the typical home value rose 35%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasurePrinceton MeadowsMiddlesex CountyNew JerseyUnited States
Rental vacancy Unreliable estimate2.4%3.5%5.5%
Homeowner vacancy Unreliable estimate0.4%0.7%0.9%
More than one person per room 7.5%5.5%4.0%3.4%
People per household 2.582.752.622.53
Drive alone 56%61%62%69%
Carpool 5%8%8%9%
Public transit 4%6%8%3%
Walk or bike Unreliable estimate3%3%3%
Work from home 33%18%17%15%
Other means Unreliable estimate4%2%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

More households are short on space in Princeton Meadows: 7.5% have more than one person per room; in Middlesex County, 5.5%.

On average, a household in Princeton Meadows has 2.58 people, fewer than in Middlesex County (2.75).

Many people here do not commute at all: 33% work from home; in Middlesex County, 18%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Princeton Meadows?

A typical home costs more than the typical income allows

We start with a typical home in Princeton Meadows, worth $665,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 53% of the typical household income in Princeton Meadows, which is $131,213 a year. For that payment to be 28% of income, a household would need to earn about $249,940 a year.

The calculator's FHA and conventional loan limits are those of all of Middlesex County.

Your numbers

Local data
$

Starts at the typical home value in Princeton Meadows. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $23,300 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$5,832

at 7.18% · 30 years

Loan amount
$653,642
Total interest
$940,437
Paid off in
November 2056

Includes $11,242 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $3,062 a month

  • Tight

    $3,062 to $3,936 a month

  • Hard

    more than $3,936 a month

    Your payment · 53%

Compared with the typical household income in Princeton Meadows ($131,213 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$5,832
Principal & interest$4,428
Property tax$832
Home insurance$277
FHA mortgage insurance (MIP)$294

You need at least $23,300 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Princeton Meadows and Middlesex County

Princeton Meadows is in Middlesex County, New Jersey. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Princeton Meadows's own numbers

Typical home value
$665,700
Typical monthly rent
$2,010
Typical yearly household income
$131,213
Households that own their home
38%
Effective property tax rate
1.5%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Middlesex County

FHA limit, one-unit home
$1,249,125
Conventional limit, one unit
$1,209,750
HUD fair market rent, 2 bedrooms
$2,623
Price change over 5 years (FHFA)
+62%
Homes in a high flood-risk zone
1.1%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Middlesex County.

Everything about Middlesex County

Buying

Buying a home in Princeton Meadows

A typical home in Princeton Meadows is worth $665,700: 44% above the county and 47% above New Jersey. With the typical household income in Princeton Meadows ($131,213 a year), a typical home costs 5.1 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Princeton Meadows 5.1 years
  • Middlesex 4.1 years
  • New Jersey 4.4 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Middlesex County

According to FHFA’s house price index, home prices in Middlesex County rose 89% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Middlesex County.

Period County New Jersey U.S.
Last year (2025) +6.1% +6.2% +2.9%
5 years (2020–2025) +62% +63% +47%
10 years (2015–2025) +89% +88% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Princeton Meadows next to Middlesex County, New Jersey and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Princeton Meadows $665,700
  • Middlesex $462,900
  • New Jersey $454,400
  • United States $332,700
Typical monthly rent
  • Princeton Meadows $2,010
  • Middlesex $1,871
  • New Jersey $1,720
  • United States $1,413
Typical yearly household income
  • Princeton Meadows $131,213
  • Middlesex $111,549
  • New Jersey $103,556
  • United States $80,734
See the full table
Princeton Meadows next to Middlesex County and New Jersey
Measure Princeton Meadows Middlesex County New Jersey U.S.
Typical home value $665,700 $462,900 $454,400 $332,700
Typical monthly rent $2,010 $1,871 $1,720 $1,413
Typical yearly household income $131,213 $111,549 $103,556 $80,734
Households that own their home 38% 64% 64% 65%
Typical yearly property tax $10,001 $9,712 $9,590 $3,119
Effective property tax rate 1.5% 2.1% 2.11% 0.94%
Renters with high rent for their income 32% 48% 52% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Middlesex County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Princeton Meadows

For a typical $665,700 home in Princeton Meadows, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Princeton Meadows's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $5,832a month

    Least cash to close
    Down payment
    $23,300
    Cash to close
    $43,271
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $294

  • Conventional, 5% down $5,710a month

    Down payment
    $33,285
    Cash to close
    $53,256
    Rate
    7.18%
    Mortgage insurance
    PMI · $316

  • Conventional, 20% down, no PMI $4,717a month

    Down payment
    $133,140
    Cash to close
    $153,111
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $5,333a month

    Down payment
    $99,855
    Cash to close
    $119,826
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Princeton Meadows and for Middlesex County.

Property tax

Effective rate in Princeton Meadows

1.5%of the home’s value each year

$10,001 a year for the typical owner in Princeton Meadows.

  • Princeton Meadows 1.5%
  • Middlesex 2.1%
  • New Jersey 2.11%

What New Jersey publishes ANCHOR, Senior Freeze and Stay NJ: one combined application (New Jersey Division of Taxation)

Exemptions and deadlines in New Jersey

Flood risk in Middlesex County

FEMA does not publish these numbers by city: they are for all of Middlesex County.

Homes in the high-risk zone
1.1%
2,391
Of those, with NFIP insurance
54%
County New Jersey U.S.
Homes in the high-risk zone 1.1% 6.7% 3.5%
Of those, with NFIP insurance 54% 63% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Princeton Meadows

Typical rent in Princeton Meadows is $2,010 a month: 7% above the county. In Princeton Meadows, 32% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Middlesex County, by unit size. To pay the 2-bedroom one ($2,623 a month) without spending more than 30% of your income, you would need to earn $50.44 an hour working full time.

HUD fair market rent for all of Middlesex County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,953 $37.56 $78,120
1 bedroom $2,103 $40.44 $84,120
2 bedrooms $2,623 $50.44 $104,920
3 bedrooms $3,125 $60.10 $125,000
4 bedrooms $3,508 $67.46 $140,320

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Princeton Meadows

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Princeton Meadows has 2 ZIP codes with their own.

For 2 bedrooms it runs from $2,250 in 08512 to $2,720 in 08536.

1 of the 2 is above the fair market rent for Middlesex County ($2,623).

  • 08512 $2,250$2,720
  • 08536 $2,720$3,240

2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Princeton Meadows when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Princeton Meadows

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 3 HUD-approved agencies with an office in Middlesex County; 2 say they serve in Spanish.

A man shakes hands with the specialist who helped him with his loan, in the kitchen of his new home.

HUD counseling is free or low-cost

Assistance programs in Princeton Meadows

No down payment, repair or rent-help program on our list is for Princeton Meadows or Middlesex County. The ones below are statewide in New Jersey: they work in Princeton Meadows the same as in the rest of the state.

Which programs do I qualify for? All programs in New Jersey

Housing counselors near Princeton Meadows

The HUD-approved agencies closest to the center of Princeton Meadows, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Puerto Rican Action Board, Inc.

    754 Route 18, East Brunswick · 12 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 7 more
    (732) 832-7535

  • Isles, Incorporated

    10 Wood St, Trenton · 13 miles away · Spanish

    Also serves in Cantonese.

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 2 more
    (609) 341-4700

  • Housing & Community Development Network of New Jersey

    145 West Hanover Street, Trenton · 13 miles away

    (917) 974-5922

Every agency in Middlesex County All counseling agencies in New Jersey

Help in Spanish near Princeton Meadows

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Princeton Meadows

In HUD’s record, no housing authority with an office in Middlesex County is named for Princeton Meadows or Middlesex County.

9 other authorities have an office in Middlesex County: see the list Source: HUD

Cities

Other cities in Middlesex County

These cities are also in Middlesex County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Middlesex County Housing in New Jersey
See 15 more cities in Middlesex County, with prices and rents

Every city has its own page with prices, rents and help.

Nearby cities

The cities closest to Princeton Meadows, with the typical home value.

Neighboring counties

If Middlesex County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Princeton Meadows.

All guides
A father holds his baby and his young son by a white picket fence.

Questions

Housing questions about Princeton Meadows

Short answers with the numbers for Princeton Meadows and all of Middlesex County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Princeton Meadows?

The typical home value in Princeton Meadows is $665,700, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Middlesex County it is $462,900.

How much does it cost to rent in Princeton Meadows?

Typical rent in Princeton Meadows is $2,010 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Middlesex County is $2,623.

What is the FHA loan limit in Princeton Meadows?

Princeton Meadows uses the FHA limit for all of Middlesex County (2026): $1,249,125 for a one-unit home and $2,402,625 for a four-unit home.

How much property tax do owners pay in Princeton Meadows?

The typical homeowner in Princeton Meadows pays $10,001 a year, according to the U.S. Census Bureau. That is 1.5% of the home’s value; in Middlesex County, the rate is 2.1%.

Where can I find free help to buy or rent in Princeton Meadows?

There are 3 HUD-approved counseling agencies with an office in Middlesex County. 2 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).