Bedroom count
Property type
Last updated on August 5, 2026
Last updated on August 5, 2026
Bedroom count
Property type
Median rent in Pennington
$3,575/mo
vs previous year
The average rent in Pennington is $3,575 per month as of August 2026. This is 84% above the national average rent, or $1,635 more per month.
average price per square foot
Available rentals in Pennington
25
for rent on Zumper.com as of August 2026
Share of Pennington rentals at each price point
Average rent prices in Pennington have increased by 3% over the last month and have increased by 12% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Pennington vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Pennington is $1,825, whereas a house costs $3,600. 1-bedroom apartments in Pennington run $1,900 on average, while 2-bedroom apartments are $2,250.
Listings | ||||
|---|---|---|---|---|
Studio | $1,150 | 9% | - | |
1 bedroom | $1,575 | No Change | - | |
2 bedroom | $2,750 | 5% | 6% | |
3 bedroom | $3,600 | 4% | 13% | |
4 bedroom | $3,375 | 4% | 26% |
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 | $1,825 | No Change | No Change | |
Condos | $2,525 | 1% | No Change | |
Houses | $3,600 | 5% | No Change |
Studio
Average rent
$1,150
Last 30 days
9%
1 bedroom
Average rent
$1,575
2 bedroom
Average rent
$2,750
Last 30 days
5%
Last year
6%
3 bedroom
Average rent
$3,600
Last 30 days
4%
Last year
13%
4 bedroom
Average rent
$3,375
Last 30 days
4%
Last year
26%
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
$1,825
Condos
Average rent
$2,525
Last 30 days
1%
Houses
Average rent
$3,600
Last 30 days
5%
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 median rent prices in Pennington and Allentown by all bedroom counts and property types.
Pennington
higher than the national median
higher than the national median
Takeaway
The median rent for all rentals in Pennington, NJ is 52% higher than the median rent in Allentown, NJ.
Explore rent trends in neighboring markets
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Quick answers to common questions about the Pennington rental market.
The average rent in Pennington is $3,575 per month as of August 1, 2026.
Average rent prices in Pennington have increased by 3% over the last month and have increased by 12% since last year.
Rent in Pennington is 84% above the national average, which means renters are paying approximately $1,635 more per month.
To comfortably afford rent in Pennington, you'd need to earn approximately $143,000/year, based on spending no more than 30% of your income on rent.
In our current listings, utilities-included rentals are extremely rare in Pennington, appearing in under 0.01% of available apartments across all bedroom types.
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).