Last updated on August 13, 2026

Average rent in
Princeton, NJ

Key takeaways for renters

  • Where Princeton rent stands today

    Princeton, NJ rent has slipped modestly year over year, with a current median of $3,474/month. Renters are paying $32 less per month on average than last year.

  • Princeton runs roughly 1.8× the $1,925/month national median, placing it among pricier metros with a smaller inventory of 101 total rentals.

  • Rent ranges by bedroom

    Studios rent for about $3,030/month, 1-bedrooms around $2,992/month, 2-bedrooms near $3,522/month, 3-bedrooms at $3,900/month, and 4+ bedrooms reach $6,025/month. The bedroom mix is led by 2-bed and 3-bed units.

  • Price ranges

    Houses, which make up 63.2% of total rentals, rent at a median of $3,800/month, while apartments rent for $3,375/month. This property-type split shows a range in rental costs across Princeton, NJ.

Median rent

Median rent in Princeton

$3,473/mo

decreased by1%

vs previous year

The average rent in Princeton is $3,473 per month as of August 2026. This is 80% above the national average rent, or $1,548 more per month.

$2.71

average price per square foot

Total rentals

Available rentals in Princeton

101

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Princeton rentals at each price point

55%41%28%14%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Princeton, NJ

Average rent prices in Princeton have remained the same over the last month and have decreased by 1% 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 Princeton, NJ

Rent prices in Princeton vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Princeton is $3,375, whereas a house costs $3,800. 1-bedroom apartments in Princeton run $3,005 on average, while 2-bedroom apartments are $3,730.

Listings

Studio

$3,030

No Change

1%

1 bedroom

$2,992

2%

1%

2 bedroom

$3,522

1%

2%

3 bedroom

$3,900

1%

10%

4 bedroom

$6,025

2%

16%

Studio

Average rent

$3,030

Last 30 days

No Change

Last year

1%

1 bedroom

Average rent

$2,992

Last 30 days

2%

Last year

1%

2 bedroom

Average rent

$3,522

Last 30 days

1%

Last year

2%

3 bedroom

Average rent

$3,900

Last 30 days

1%

Last year

10%

4 bedroom

Average rent

$6,025

Last 30 days

2%

Last year

16%

The table above reflects average rent prices in Princeton, 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 Princeton, NJ compare to other cities?

Compare median rent prices in Princeton and Bridgewater by all bedroom counts and property types.

Princeton

Median rent price$3,473
increased by80%

higher than the national median

Median rent price$2,800
increased by45%

higher than the national median

Takeaway

The median rent for all rentals in Princeton, NJ is 24% higher than the median rent in Bridgewater, NJ.

Discover rentals in Princeton, NJ

106 Heritage Blvd #1 - Photo 1 of 1

5d+ ago

Townhouse for rent in Princeton

106 Heritage Boulevard #2005 - 1

106 Heritage Blvd #1, Princeton, NJ 08540

2 beds

2 baths

$2,150

House for rent

Available Aug 31

2217 Sayre Dr - Photo 1 of 1

5d+ ago

Condo for rent in Princeton

APARTMENT - Contemporary - PRINCETON, NJ

2217 Sayre Dr, Princeton, NJ 08540

2 beds

1 bath

$2,300

Condo for rent

2217 Sayre Dr #0 - Photo 1 of 1

5d+ ago

Condo for rent in Princeton

APARTMENT - Contemporary - Plainsboro, NJ

2217 Sayre Dr #0, Princeton, NJ 08540

2 beds

1 bath

$2,300

Condo for rent

2112 Sayre Dr - Photo 1 of 1

5d+ ago

Condo for rent in Princeton

APARTMENT - Contemporary - PRINCETON, NJ

2112 Sayre Dr, Princeton, NJ 08540

2 beds

1 bath

$2,350

Condo for rent

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 Princeton, NJ

Quick answers to common questions about the Princeton rental market.

How much is rent in Princeton?

The average rent in Princeton is $3,473 per month as of August 8, 2026.

Is rent up or down in Princeton?

Average rent prices in Princeton have remained the same over the last month and have decreased by 1% since last year.

How does Princeton rent compare to the national average?

Rent in Princeton is 80% above the national average, which means renters are paying approximately $1,548 more per month.

What salary do I need to afford rent in Princeton?

To comfortably afford rent in Princeton, you'd need to earn approximately $139,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Princeton?

Based on Zumper's July 2026 data, one-bedroom apartments in Princeton average around $2,960/month and two-bedrooms approximately $3,570/month. One-bedrooms are up 1.2% year over year, while two-bedrooms climbed 2.8%.

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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