Bedroom count
Property type
Last updated on June 20, 2026
Average rent in
Pennington, NJ
Average rent in
Last updated on June 20, 2026
Bedroom count
Property type
Median rent
Median rent in Pennington
$3,400/mo
17%vs previous year
The average rent in Pennington is $3,400 per month as of June 2026. This is 74% above the national average rent, or $1,450 more per month.
average price per square foot
Total rentals
Available rentals in Pennington
10
for rent on Zumper.com as of June 2026
Rent price distribution
Share of Pennington rentals at each price point
This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Pennington, NJ, in the last 30 days, rent estimates may not represent the actual market.
Rent trends in Pennington, NJ
Average rent prices in Pennington have increased by 8% over the last month and have increased by 17% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Pennington, NJ
Rent prices in Pennington vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Pennington is $1,300, whereas a house costs $3,300. 1-bedroom apartments in Pennington run $1,900 on average, while 2-bedroom apartments are $2,250.
Listings | ||||
|---|---|---|---|---|
Studio | $1,075 | 9% | - | |
1 bedroom | $1,372 | No Change |  21% | |
2 bedroom | $2,325 | 1% | 22% | |
3 bedroom | $3,025 | 3% | 18% | |
4 bedroom | $3,000 | No Change | 30% |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Pennington, NJ.
Listings | ||||
|---|---|---|---|---|
Apartments | $1,300 | No Change | No Change | |
Condos | $2,400 | 4% | No Change | |
Houses | $3,300 | No Change | No Change |
Studio
Average rent
$1,075
Last 30 days
9%
1 bedroom
Average rent
$1,372
Last year
21%
2 bedroom
Average rent
$2,325
Last 30 days
1%
Last year
22%
3 bedroom
Average rent
$3,025
Last 30 days
3%
Last year
18%
4 bedroom
Average rent
$3,000
Last year
30%
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Pennington, NJ.
Apartments
Average rent
$1,300
Condos
Average rent
$2,400
Last 30 days
4%
Houses
Average rent
$3,300
Last 30 days
No Change
The table above reflects average rent prices in Pennington, NJ, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
How does rent in Pennington, NJ compare to other cities?
Compare median rent prices in Pennington and Allentown by all bedroom counts and property types.
Pennington
74%higher than the national median
8%higher than the national median
Takeaway
The median rent for all rentals in Pennington, NJ is 62% higher than the median rent in Allentown, NJ.
Average rent in nearby cities
Explore rent trends in neighboring markets
$2,100
7%$1,797
$2,420
$2,750
17%$2,575
13%$3,000
22%$2,750
$2,200
$2,833
$3,565
21%$1,880
33%$2,387
46%Discover rentals in Pennington, NJ
5d+ ago
Apartment for rent in Pennington
20 W Franklin Ave #A1, Pennington, NJ 08534
2 beds
1 bath
$2,250
Apartment for rent
Available Jun 1
5d+ ago
Townhouse for rent in Pennington
51 Heath Ct, Pennington, NJ 08534
3 beds
2.5 baths
$3,500
$3,400
Price drop
House for rent
5d+ ago
Townhouse for rent in Pennington
119 Stoutsburg Blvd, Pennington, NJ 08534
3 beds
2.5 baths
$3,500
House for rent
5d+ ago
Townhouse for rent in Pennington
126 Ada Hightower Ave, Pennington, NJ 08534
4 beds
3.5 baths
$4,900
House for rent
5d+ ago
House for rent in Pennington
5202 Mary Ashby Way, Pennington, NJ 08534
2 beds
2 baths
$2,700
House for rent
3d ago
1719 W Delaware Ave, Pennington, NJ 08534
1 bed
1 bath
$1,900
Apartment for rent
5d+ ago
Townhouse for rent in Pennington
126 Ada Hightower Ave, Pennington, NJ 08534
4 beds
3.5 baths
$4,900
House for rent
2d ago
House for rent in Pennington
15 Kentsdale Dr, Pennington, NJ 08534
5 beds
3 baths
$6,600
House for rent
5d+ ago
Townhouse for rent in Pennington
119 Stoutsburg Blvd, Pennington, NJ 08534
3 beds
2.5 baths
$3,500
House for rent
5d+ ago
Condo for rent in Pennington
2204 Prince Hall Dr, Pennington, NJ 08534
2 beds
2 baths
$2,600
Condo for rent
5d+ ago
Townhouse for rent in Pennington
51 Heath Ct, Pennington, NJ 08534
3 beds
2.5 baths
$3,500
$3,400
Price drop
House for rent
5d+ ago
Apartment for rent in Pennington
20 W Franklin Ave #A1, Pennington, NJ 08534
2 beds
1 bath
$2,250
Apartment for rent
Available Jun 1
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Frequently asked questions for Pennington, NJ
Quick answers to common questions about the Pennington rental market.
How much is rent in Pennington?
The average rent in Pennington is $3,400 per month as of June 13, 2026.
Is rent up or down in Pennington?
Average rent prices in Pennington have increased by 8% over the last month and have increased by 17% since last year.
How does Pennington rent compare to the national average?
Rent in Pennington is 74% above the national average, which means renters are paying approximately $1,450 more per month.
What salary do I need to afford rent in Pennington?
To comfortably afford rent in Pennington, you'd need to earn approximately $136,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Pennington?
The average rent for a 1-bedroom apartment in Pennington, NJ is approximately $1,850, while a 2-bedroom apartment averages around $2,836.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).