Cheap Apartments for Rent in Pennington, NJ

17 rentals

Apartments For Rent Near Pennington, NJ

We found 30 more apartments matching your filters just outside Pennington

Average Rent Trends in Pennington, NJ

Rent in Pennington, NJ varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Oct 2026 compared to the previous month. Rent previously peaked in Mar 2025.
MonthAverage rent
Nov 2025$3,000
Dec 2025$2,950
Jan 2026$2,770
Feb 2026$3,300
Mar 2026$2,780
Apr 2026$2,854
May 2026$2,876
Jun 2026$2,800
Jul 2026$2,947
Aug 2026$3,500
Sep 2026$3,400
Oct 2026$3,200
View as a graph

Average Rent By Bedroom and Home Type

In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,375$2,951$3,500$4,400$3,250
Townhomes—$3,000$3,250$4,400$3,250
Apartments and Condos—$2,550——$2,950
Houses$950$2,950$3,800$4,044$3,850
See more information about local market trends in Pennington, NJ

Frequently Asked Questions about Rentals in Pennington, NJ

  • What is the average rent of an apartment in Pennington, NJ?
    The average rent of an apartment in Pennington, NJ is $2,228 per month. This is about 14% higher than the national average.
  • What are the cheapest months to find an apartment to rent in Pennington, NJ?
    Last year, the cheapest month to find an apartment to rent was May 2025 when it was $2,400 per month.
  • How many cheap apartments are available in Pennington, NJ?
    There are 9 apartments to rent that are cheaper than the city’s average rent of $3,250.
  • When is the average rent most expensive in Pennington, NJ?
    In the last year, the average rent in Pennington, NJ was highest in Mar 2025 when it was $3,500 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Pennington, NJ?
    The average rent of a 1 bedroom apartment in Pennington, NJ is $1,375 per month. That is about $2,025 less than the cost of a studio apartment.
  • What are some zip codes in Pennington, NJ?
    Pennington, NJ includes zip codes such as: 08534.
  • What are some cities near Pennington, NJ?
    Some nearby cities include: Titusville, Ewing, Hopewell, Lawrence Township, Washington Crossing. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Pennington, NJ - 90 Rentas | Trulia