Pennington, NJ rental market
What is the average rent in Pennington, NJ?
Last updated August 10, 2026
Rental market summary
The average rent for all bedrooms and all property types in Pennington, NJ is $3,180.
Average rent
$3,180
Month-over-month change
+$380
Year-over-year change
-$120
Available rentals
30
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,375 to $5,200.
| Rent price | Number of rental properties |
|---|---|
| $1,500 | 1 |
| $1,800 | 2 |
| $1,900 | 2 |
| $2,200 | 3 |
| $2,300 | 1 |
| $2,500 | 2 |
| $2,600 | 1 |
| $2,700 | 1 |
| $2,800 | 2 |
| $2,900 | 3 |
| $3,000 | 2 |
| $3,100 | 2 |
| $3,400 | 4 |
| $3,500 | 3 |
| $3,600 | 2 |
| $3,700 | 3 |
| $3,800 | 2 |
| $3,900 | 2 |
| $4,000 | 1 |
| $4,400 | 1 |
| $4,500 | 2 |
| $4,600 | 1 |
| $4,800 | 1 |
| $4,900 | 1 |
| $5,000+ | 1 |
Average rent price over time
In the last year, rent has decreased by $120 compared to the previous year.
| 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 | No data |
| Oct | $3,100 | No data |
| Nov | $3,000 | No data |
| Dec | $2,950 | No 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.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Pennington, NJ is 59% higher than the national average.
$3,180
$2,003
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Frequently asked questions
1. What is the average rent in Pennington, NJ?
2. What is the average rent for a studio apartment in Pennington, NJ?
3. What is the average rent for a one-bedroom apartment in Pennington, NJ?
4. What is the average rent for a two-bedroom apartment in Pennington, NJ?
5. What is the average rent for a three-bedroom apartment in Pennington, NJ?
6. What is the average rent for a four-bedroom apartment in Pennington, NJ?
7. How much does it cost to rent a house in Pennington, NJ?
8. How has the rent in Pennington, NJ changed in the last year?
9. How much has the rent in Pennington, NJ increased/decreased in the last month?
10. How many available rentals are there in Pennington, NJ?
11. How do rent prices in Pennington, NJ compare with the national average?
Zip codes in Pennington, NJ
