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Rental Market Trends in Princeton, NJ

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The average rent in Princeton, NJ, as of June 2025, is approximately $2873 per month for all property types. Rent prices can vary depending on the neighborhood and the type of rental property. Rent prices are influenced by factors like neighborhood popularity, proximity to amenities, and the overall housing market trends in the city.

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Market summary

Data is based on rental rates on sulekha.com. Last updated in June  2025.

Average Rental Price Over Time

How much has the average rent changed in Princeton, NJ?

The average rent for all bedrooms and all property types is $2873,which is 0% increase compared to the previous year.

  • 2023
  • 2024

Occupied Housing Units in Princeton, NJ

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    Princeton, NJvs
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    $2873

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    Neighborhoods Average rent

    Central Avenue, NJ

    $2992

    Bates, NJ

    $2992

    Beacon, NJ

    $2992

    Bergen-Lafayette, NJ

    $2992

    Bergen Section, NJ

    $2992

    Bergen Square, NJ

    $2992

    Bayfront, NJ

    $2992

    Bayside, NJ

    $2992

    Canal Crossing, NJ

    $2992

    Chelsea, NJ

    $2650

    Central Business District, NJ

    $2650

    Central Ward, NJ

    $2650
    FAQs

    Answers to Your Rental Questions

    We've got answers to your most common questions about rentals, from property listings to pricing trends and everything in between.
    • What is the average rent in Princeton, NJ?

      The average rent in Princeton, NJ is around $2873 per month. However, this can vary depending on the neighborhood, the size of the rental unit, and the property's condition. For example, rents are typically higher in desirable areas close to amenities and popular destinations. Larger apartments or homes with multiple bedrooms or modern amenities can also be more expensive. Keep these factors in mind when searching for a rental in Princeton, NJ.

    • How many rentals are available in Princeton, NJ?

      Currently, there are 1 rental properties available in Princeton, NJ. This includes a variety of options such as apartments, condos, town homes, single-family homes, single rooms, shared rooms and pg accommodations catering to different budgets and preferences. So, if you're looking for a place to rent in Princeton, NJ, you have plenty of choices to explore!

    • What are the best neighborhoods to rent in Princeton, NJ?

      If you're looking for budget-friendly neighborhoods in Princeton, NJ, consider these options:

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      These neighborhoods offer rental rates lower than the city's overall average, making them attractive options for renters.

    • What are the most affordable neighborhoods in Princeton, NJ?

      The most expensive neighborhoods in Princeton, NJ are:

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    • How much has the average rent changed in Princeton, NJ?

      Over the past year, the average rent in Princeton, NJ have increased by approximately 0%, which translates to $239 per month. This change reflects shifting market trends and evolving housing demand in the area, impacting renters' costs and affordability.

    • How much has the rent in Princeton, NJ increased or decreased in the last month?

      The Average rent price in Princeton, NJ for June 2025 is $2873, which is $186 less than in May.

    Homes for Rent in Princeton, NJ

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