Bedroom count

Property type

Last updated on March 22, 2026

Average rent in
Pennington, NJ

Last updated on March 22, 2026

Last updated on March 22, 2026

Bedroom count

Property type

As of March 2026, the median rent for all bedroom counts and property types in Pennington, NJ is $2,300. This is +20%, or $390, higher than the national average.

$2.09

average price per square foot

Median rent

$2,300

decreased by34%
over the previous yearvs previous year

Total rentals

17

for rent on Zumper.com

As of March 2026, the median rent for all bedroom counts and property types in Pennington, NJ is $2,300. This is +20%, or $390, higher than the national average.

$2.09

average price per square foot

Rent ranges

14%
64%
18%
5%
$0-$1,500$0 - $1,500
$1,501-$3,000$1,501 - $3,000
$3,001-$4,500$3,001 - $4,500
$4,501-$6,000$4,501 - $6,000

Households

75%
25%
Owner-occupied
Renter-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent price trends in
Pennington, NJ

Rent price trends

Rent prices for all bedroom counts and property types in Pennington, NJ have decreased by 3% in the last month and have decreased by 34% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Pennington, NJ

The monthly rent for an apartment in Pennington, NJ is $1,825. A 1-bedroom apartment in Pennington, NJ costs about $1,900 on average, while a 2-bedroom apartment is $2,100. Houses for rent in Pennington, NJ are more expensive, with an average monthly cost of $2,937.

Comparables

1 bedroom

$1,650

No Change

-

2 bedroom

$2,400

5%

19%

3 bedroom

$2,600

1%

26%

4 bedroom

$2,650

15%

25%

Studio

$1,075

9%

-

Studio

Average rent

$1,075

Last 30 days

9%

1 bedroom

Average rent

$1,650

2 bedroom

Average rent

$2,400

Last 30 days

5%

Last year

19%

3 bedroom

Average rent

$2,600

Last 30 days

1%

Last year

26%

4 bedroom

Average rent

$2,650

Last 30 days

15%

Last year

25%

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.

Compare rent prices in Pennington, NJ to other cities

Median rent prices in Pennington, NJ for all bedroom counts and property types compared to Allentown, NJ.

Pennington

Median rent price$2,300
increased by20%

higher than the national median

Median rent price$2,500
increased by31%

higher than the national median

Takeaway

The median rent for all rentals in Pennington, NJ is 8% lower than the median rent in Allentown, NJ.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
Nearby cities

Explore rent trends in other markets

Allentown

$2,500

N/A

Last year

Beverly

$1,800

decreased by4%

Last year

East Amwell Township

$2,325

N/A

Last year

Furlong

$2,472

decreased by3%

Last year

Hightstown

$3,075

increased by15%

Last year

Ivyland

$2,795

N/A

Last year

Lahaska

$2,800

N/A

Last year

Lawrenceville Lawrence Township

$2,150

N/A

Last year

Montgomery

$3,724

N/A

Last year

Rocky Hill

$3,350

N/A

Last year

Stockton

$2,650

N/A

Last year

Washington Crossing

$2,465

decreased by21%

Last year

Apartments for rent in Easton

Discover rentals in Pennington, NJ

162 Shrewsbury Ct - Photo 1 of 1

5d+ ago

Townhouse for rent in Pennington

Townhouse - PENNINGTON, NJ

162 Shrewsbury Ct, Pennington, NJ 08534

3 beds

2 baths

$3,150

House for rent

135 Stoutsburg Blvd - Photo 1 of 1
New construction

4d ago

Townhouse for rent in Pennington

Townhouse, Townhouse,Condo/TH - Pennington, NJ

135 Stoutsburg Blvd, Pennington, NJ 08534

3 beds

2.5 baths

$4,000

House for rent

126 Ada Hightower Ave - Photo 1 of 1
New construction

5d+ ago

Townhouse for rent in Pennington

TOWNHOME - PENNINGTON, NJ

126 Ada Hightower Ave, Pennington, NJ 08534

4 beds

3.5 baths

$4,900

House for rent