Pennington, NJ rental market

What is the average rent in Pennington, NJ?

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Last updated June 25, 2026

Rental market summary

The average rent for all bedrooms and all property types in Pennington, NJ is $2,800.

Average rent

$2,800

Month-over-month change

$0

Year-over-year change

-$200

Available rentals

30

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,375 to $6,600.

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Rent frequencies
Rent priceNumber of rental properties
$1,5001
$1,8002
$1,9002
$2,2001
$2,3001
$2,5003
$2,6006
$2,7008
$2,8003
$3,0001
$3,3001
$3,4003
$3,5005
$3,6001
$3,8001
$3,9001
$4,4001
$4,5002
$4,6001
$4,8002
$4,9002
$5,000+1

Average rent price over time

In the last year, rent has decreased by $200 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$2,782
Apr$3,400$2,853
May$2,400$2,876
Jun$2,800$2,800
Jul$3,000No data
Aug$3,100No data
Sep$3,250No data
Oct$3,100No data
Nov$3,000No data
Dec$2,950No data

Market temperature

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

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Pennington, NJ is 40% higher than the national average.

Pennington, NJvs.

$2,800

$2,006

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Frequently asked questions

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

The average rent in Pennington, NJ is $2,800.

2. 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 $1,900 per month.

3. 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 $2,700 per month.

4. 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 $3,580 per month.

5. 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 $5,600 per month.

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

Houses in Pennington, NJ rent between $1,375 - $6,600 with an average rent of $2,800.

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

In the last year, the rent in Pennington, NJ decreased by $200

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

In the last month, the rent in Pennington, NJ did not change.

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

There are currently 30 rentals available in Pennington, NJ.

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

The average rent in Pennington, NJ is $2,800 — 39.58% higher the national average of $2,006.

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