Cheap Apartments for Rent in 08540
131 rentals
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SPECIAL OFFERPET FRIENDLY$1,979 - $2,334/mo
1-2 Beds
1-2 BathsKingston Terrace | 607C Kingston Terrace Dr #201A,
Princeton, NJ 08540
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SPECIAL OFFERPET FRIENDLY$2,250 - $2,700/mo1-2 Beds1-2 BathsPrinceton Gardens | 300 Blue Spring Rd #f7bf4c126,
Princeton, NJ 08540
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NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$2,295 - $3,607/mo1-3 Beds1-2 BathsThe Mews at Princeton Junction | 900 Wessex Pl #12-301,
Princeton, NJ 08540
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NEW - 2 DAYS AGO
SPECIAL OFFERPET FRIENDLY$2,495 - $4,010/moStudio-2 Beds1-2 BathsAvalon Princeton on Harrison | 275 N Harrison St #0B-1Ba-520Sqft,
Princeton, NJ 08540
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PET FRIENDLY$2,515 - $5,305/moStudio-2 Beds1-3 BathsAvalon Princeton Circle | 100 Thanet Cir #NJ044S2,
Princeton, NJ 08540
SPECIAL OFFERPET FRIENDLY$2,528 - $3,440/mo1-2 Beds1-2 BathsParc at Princeton Junction | 3000 Goldfinch Blvd #5206,
Princeton, NJ 08540
SPECIAL OFFERPET FRIENDLY$2,573 - $5,580/moStudio-3 Beds1-3 BathsAvalon Princeton | 100 Albert Way #9be832d0a,
Princeton, NJ 08540
NEW - 20 HRS AGOSPECIAL OFFERPET FRIENDLY
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Average Rent Trends in 08540
Rent in 08540 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $3,900 |
| Jul 2025 | $3,800 |
| Aug 2025 | $3,600 |
| Sep 2025 | $3,500 |
| Oct 2025 | $3,500 |
| Nov 2025 | $3,700 |
| Dec 2025 | $3,750 |
| Jan 2026 | $3,700 |
| Feb 2026 | $3,375 |
| Mar 2026 | $3,400 |
| Apr 2026 | $3,500 |
| May 2026 | $3,411 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $2,309 | $3,000 | $3,800 | $5,500 | $3,500 |
| Townhomes | — | $3,600 | $3,800 | $4,000 | $3,800 |
| Apartments and Condos | $2,250 | $2,600 | $3,600 | $3,545 | $2,645 |
| Houses | $900 | $3,050 | $4,950 | $5,500 | $3,700 |
Frequently Asked Questions about Rentals in 08540
- What is the average rent of an apartment in 08540?The average rent of an apartment in 08540 is $2,986 per month. This is about 55% higher than the national average.
- What is the average rent of a house in 08540?The average rent of a house in 08540 is $3,700 per month. This is about 92% higher than the national average.
- What is the average rent of a townhome in 08540?The average rent of a townhome in 08540 is $3,800 per month. This is about 97% higher than the national average.
- When is the average rent cheapest in 08540?In the last year, the average rent in 08540 was lowest in Feb 2025 when it was $3,469 per month.
- When is the average rent most expensive in 08540?In the last year, the average rent in 08540 was highest in Jun 2025 when it was $3,900 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 08540?The average rent of a 1 bedroom apartment in 08540 is $2,309 per month. That is about $330 less than the cost of a studio apartment.
- How many available rental listings are in 08540?There are 120 available rental listings in 08540.
- What are some cities near 08540?Some nearby cities include: Princeton, Rocky Hill, Kingston, Skillman, Plainsboro, Monmouth Junction. These cities may have more rental options to explore.