Princeton, NJ rental market

What is the average rent in Princeton, NJ?

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Last updated August 10, 2026

Rental market summary

The average rent for all bedrooms and all property types in Princeton, NJ is $3,456.

Average rent

$3,456

Month-over-month change

-$194

Year-over-year change

+$156

Available rentals

153

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $653 to $22,507.

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Rent frequencies
Rent priceNumber of rental properties
$6001
$1,1001
$1,2002
$1,8001
$1,9001
$2,0003
$2,1003
$2,2006
$2,3008
$2,4005
$2,50012
$2,6009
$2,7004
$2,8004
$2,9006
$3,0006
$3,1007
$3,2006
$3,30012
$3,40010
$3,50011
$3,6005
$3,7009
$3,80012
$3,90011
$4,0007
$4,1004
$4,2002
$4,3002
$4,4003
$4,5003
$4,6001
$4,7004
$4,8006
$4,9006
$5,000+20

Average rent price over time

In the last year, rent has increased by $156 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$3,500$3,595
Feb$3,500$3,375
Mar$3,600$3,421
Apr$3,400$3,468
May$3,450$3,200
Jun$3,550$3,600
Jul$3,512$3,695
Aug$3,400$3,411
Sep$3,400No data
Oct$3,475No data
Nov$3,700No data
Dec$3,595No data

Market temperature

The Princeton, 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 Princeton, NJ is 72% higher than the national average.

Princeton, NJvs.

$3,456

$2,003

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Frequently asked questions

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

The average rent in Princeton, NJ is $3,456.

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

The average rent for a studio apartment in Princeton, NJ is $2,245 per month.

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

The average rent for a one-bedroom apartment in Princeton, NJ is $2,507 per month.

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

The average rent for a two-bedroom apartment in Princeton, NJ is $3,197 per month.

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

The average rent for a three-bedroom apartment in Princeton, NJ is $3,900 per month.

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

The average rent for a four-bedroom apartment in Princeton, NJ is $8,000 per month.

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

Houses in Princeton, NJ rent between $653 - $22,507 with an average rent of $3,456.

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

In the last year, the rent in Princeton, NJ increased by $156

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

In the last month, the rent in Princeton, NJ decreased by $194

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

There are currently 153 rentals available in Princeton, NJ.

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

The average rent in Princeton, NJ is $3,456 — 72.54% higher the national average of $2,003.

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