Last updated on September 19, 2026

Average rent in
Pennington, NJ

Median rent

Median rent in Pennington

$3,450/mo

increased by5%

vs previous year

The average rent in Pennington is $3,450 per month as of September 2026. This is 82% above the national average rent, or $1,550 more per month.

$2.09

average price per square foot

Total rentals

Available rentals in Pennington

15

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Pennington rentals at each price point

60%45%30%15%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Pennington, NJ

Average rent prices in Pennington have remained the same over the last month and have increased by 5% 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 $1,900, whereas a house costs $3,500. 1-bedroom apartments in Pennington run $1,900 on average, while 2-bedroom apartments are $2,250.

Listings

Studio

$1,150

9%

-

1 bedroom

$1,462

No Change

-

2 bedroom

$2,350

1%

11%

3 bedroom

$3,500

5%

2%

4 bedroom

$2,997

3%

35%

Studio

Average rent

$1,150

Last 30 days

9%

1 bedroom

Average rent

$1,462

2 bedroom

Average rent

$2,350

Last 30 days

1%

Last year

11%

3 bedroom

Average rent

$3,500

Last 30 days

5%

Last year

2%

4 bedroom

Average rent

$2,997

Last 30 days

3%

Last year

35%

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

Median rent price$3,450
increased by82%

higher than the national median

Median rent price$2,325
increased by22%

higher than the national median

Takeaway

The median rent for all rentals in Pennington, NJ is 48% higher than the median rent in Allentown, NJ.

Discover rentals in Pennington, NJ

39 Diverty Rd - Photo 1 of 1

5d+ ago

House for rent in Pennington

Residential Lease, PENNINGTON, NJ

39 Diverty Rd, Pennington, NJ 08534

2 beds

1 bath

$2,250

406 Pebble Creek Ct - Photo 1 of 1

1d ago

Townhouse for rent in Pennington

Residential Lease, PENNINGTON, NJ

406 Pebble Creek Ct, Pennington, NJ 08534

3 beds

2.5 baths

$3,400

$3,150

Price drop

206 Concord Pl - Photo 1 of 1

5d+ ago

Townhouse for rent in Pennington

Residential Lease, PENNINGTON, NJ

206 Concord Pl, Pennington, NJ 08534

3 beds

2.5 baths

$3,250

252 Brinley Dr - Photo 1 of 1

5d+ ago

Townhouse for rent in Pennington

Residential Lease, PENNINGTON, NJ

252 Brinley Dr, Pennington, NJ 08534

3 beds

2.5 baths

$3,500

Stay up to date with rental market insights

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

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 $3,450 per month as of September 12, 2026.

Is rent up or down in Pennington?

Average rent prices in Pennington have remained the same over the last month and have increased by 5% since last year.

How does Pennington rent compare to the national average?

Rent in Pennington is 82% above the national average, which means renters are paying approximately $1,550 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 $138,000/year, based on spending no more than 30% of your income on rent.

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).

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