What's the average rent in Princeton, NJ?

Rental Market Trends in Princeton, NJ

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Princeton, NJ is $3,461 per month, which is 76% higher than the national average rent of $1,962 per month.

AVERAGE RENT

$3,461

-6.2%-$229 decrease month-over-month

3.3%$111 increase year-over-year

AVAILABLE RENTALS

152

APARTMENTS

$2,946

HOUSES

$4,850

TOWNHOUSES

$3,800

As of August 2026, apartments are the most affordable rental option in Princeton, NJ at $2,946 per month, while houses are the most expensive at $4,850 per month. Townhomes average $3,800 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$2,512
2 Bedrooms	$3,202
3 Bedrooms	$3,900
4 Bedrooms	$5,200
All	$3,461

As of August 2026, the average rent for a 1 bedroom rental in Princeton, NJ is $2,512 per month, followed by $3,202 for a 2 bedroom rental, $3,900 for a 3 bedroom rental, and $5,200 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$3,350
3 Bedrooms	$3,900
4 Bedrooms	$5,200
All	$3,800

As of August 2026, the average rent for a 2 bedroom townhome in Princeton, NJ is $3,350 per month, followed by $3,900 for a 3 bedroom townhome, and $5,200 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$2,575
2 Bedrooms	$2,750
3 Bedrooms	$3,795
4 Bedrooms	$3,350
All	$2,850

As of August 2026, the average rent for a 1 bedroom apartment in Princeton, NJ is $2,575 per month, followed by $2,750 for a 2 bedroom apartment, $3,795 for a 3 bedroom apartment, and $3,350 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$2,250
2 Bedrooms	$4,000
3 Bedrooms	$3,461
4 Bedrooms	$5,000
All	$4,850

As of August 2026, the average rent for a 1 bedroom house in Princeton, NJ is $2,250 per month, followed by $4,000 for a 2 bedroom house, $3,461 for a 3 bedroom house, and $5,000 for a 4 bedroom house.