What's the average rent in Princeton, NJ?
Rental Market Trends in Princeton, NJ
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SOURCE: TRULIA DATA
Rental market highlights
As of July 2026, the average rent in Princeton, NJ is $3,600 per month, which is 85% higher than the national average rent of $1,951 per month.
AVERAGE RENT
$3,600
0.0%No change month over month
1.4%$50 increase year-over-year
AVAILABLE RENTALS
153
APARTMENTS
HOUSES
TOWNHOUSES
As of July 2026, apartments are the most affordable rental option in Princeton, NJ at $3,277 per month, while houses are the most expensive at $5,180 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 | $2,500 |
| 2 Bedrooms | $3,250 |
| 3 Bedrooms | $4,000 |
| 4 Bedrooms | $5,500 |
| All | $3,600 |
As of July 2026, the average rent for a 1 bedroom rental in Princeton, NJ is $2,500 per month, followed by $3,250 for a 2 bedroom rental, $4,000 for a 3 bedroom rental, and $5,500 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $3,500 |
| 3 Bedrooms | $3,975 |
| 4 Bedrooms | $5,500 |
| All | $3,800 |
As of July 2026, the average rent for a 2 bedroom townhome in Princeton, NJ is $3,500 per month, followed by $3,975 for a 3 bedroom townhome, and $5,500 for a 4 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,500 |
| 2 Bedrooms | $2,700 |
| 3 Bedrooms | $3,795 |
| 4 Bedrooms | $3,500 |
| All | $2,700 |
As of July 2026, the average rent for a 1 bedroom apartment in Princeton, NJ is $2,500 per month, followed by $2,700 for a 2 bedroom apartment, $3,795 for a 3 bedroom apartment, and $3,500 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $3,300 |
| 3 Bedrooms | $4,000 |
| 4 Bedrooms | $5,500 |
| All | $5,180 |
As of July 2026, the average rent for a 2 bedroom house in Princeton, NJ is $3,300 per month, followed by $4,000 for a 3 bedroom house, and $5,500 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +5% compared to the previous year, which is a +$188 increase.
This year (2026)
Last year (2025)
Rent distribution
32% of rentals have rent of $3,000-$3,799/month
Rental price range
The price range for rentals is $653 to $21,747.