Pennington, NJ rental market

What is the average rent in Pennington, NJ?

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Last updated November 1, 2026

Rental market summary

The average rent for all bedrooms and all property types in Pennington, NJ is $3,250.

Average rent

$3,250

Month-over-monthMoM change

+$150

Year-over-yearYoY change

+$300

Available rentals

22

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,375 to $5,000.

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Rent frequencies
Rent priceNumber of rental properties
$1,4001
$1,9001
$2,7003
$2,8004
$2,9002
$3,1001
$3,2002
$3,3002
$3,4001
$3,5001
$3,7002
$3,8001
$3,9002
$4,0001
$4,4001
$4,5002
$4,6001
$4,7001
$4,900+1

Average rent price over time

In the last year, rent has increased by $300 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$3,200$2,770
Feb$2,900$3,300
Mar$3,500$2,780
Apr$3,400$2,854
May$2,400$2,876
Jun$2,800$2,800
Jul$3,000$2,947
Aug$3,100$3,500
Sep$3,250$3,400
Oct$3,100$3,200
Nov$3,000$3,250
Dec$2,950No data

Market temperature

The Pennington, NJ rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Pennington, NJ is 63% higher than the national average.

Pennington, NJvs.
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$3,250

$2,000

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Frequently asked questions

1. What is the average rent in Pennington, NJ?

The average rent in Pennington, NJ is $3,250.

2. What is the average rent for a studio apartment in Pennington, NJ?

The average rent for a studio apartment in Pennington, NJ is $3,400 per month.

3. What is the average rent for a one-bedroom apartment in Pennington, NJ?

The average rent for a one-bedroom apartment in Pennington, NJ is $1,375 per month.

4. What is the average rent for a two-bedroom apartment in Pennington, NJ?

The average rent for a two-bedroom apartment in Pennington, NJ is $2,850 per month.

5. What is the average rent for a three-bedroom apartment in Pennington, NJ?

The average rent for a three-bedroom apartment in Pennington, NJ is $3,350 per month.

6. What is the average rent for a four-bedroom apartment in Pennington, NJ?

The average rent for a four-bedroom apartment in Pennington, NJ is $4,500 per month.

7. How much does it cost to rent a house in Pennington, NJ?

Houses in Pennington, NJ rent between $1,375 - $5,000 with an average rent of $3,250.

8. How has the rent in Pennington, NJ changed in the last year?

In the last year, the rent in Pennington, NJ increased by $300

9. How much has the rent in Pennington, NJ increased/decreased in the last month?

In the last month, the rent in Pennington, NJ increased by $150

10. How many available rentals are there in Pennington, NJ?

There are currently 22 rentals available in Pennington, NJ.

11. How do rent prices in Pennington, NJ compare with the national average?

The average rent in Pennington, NJ is $3,250 — 62.5% higher the national average of $2,000.

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