What's the average rent in Pennington, NJ?

Rental Market Trends in Pennington, NJ

SOURCE: TRULIA DATA

Rental market highlights

As of July 2026, the average rent in Pennington, NJ is $2,800 per month, which is 44% higher than the national average rent of $1,951 per month.

AVERAGE RENT

$2,800

0.0%No change month over month

-6.7%-$200 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$2,463

HOUSES

$2,800

TOWNHOUSES

$3,600

As of July 2026, apartments are the most affordable rental option in Pennington, NJ at $2,463 per month, while townhomes are the most expensive at $3,600 per month. Houses average $2,800 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,900
2 Bedrooms	$2,700
3 Bedrooms	$3,580
4 Bedrooms	$4,600
All	$2,800

As of July 2026, the average rent for a 1 bedroom rental in Pennington, NJ is $1,900 per month, followed by $2,700 for a 2 bedroom rental, $3,580 for a 3 bedroom rental, and $4,600 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$2,656
3 Bedrooms	$3,580
4 Bedrooms	$4,600
All	$3,600

As of July 2026, the average rent for a 2 bedroom townhome in Pennington, NJ is $2,656 per month, followed by $3,580 for a 3 bedroom townhome, and $4,600 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,900
2 Bedrooms	$2,700
3 Bedrooms	$2,700
4 Bedrooms	—
All	$2,700

As of July 2026, the average rent for a 1 bedroom apartment in Pennington, NJ is $1,900 per month, followed by $2,700 for a 2 bedroom apartment, and $2,700 for a 3 bedroom apartment.