Last updated on September 27, 2026

Average rent in
Princeton, NJ

Median rent

Median rent in Princeton

$3,400/mo

increased by3%

vs previous year

The average rent in Princeton is $3,400 per month as of September 2026. This is 79% above the national average rent, or $1,500 more per month.

$2.76

average price per square foot

Total rentals

Available rentals in Princeton

84

for rent on Zumper.com as of September 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 decreased by 1% over the last month and have increased by 3% 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 $3,325, whereas a house costs $3,775. 1-bedroom apartments in Princeton run $2,854 on average, while 2-bedroom apartments are $3,679.

Listings

Studio

$2,815

4%

4%

1 bedroom

$2,854

1%

1%

2 bedroom

$3,534

No Change

4%

3 bedroom

$4,000

No Change

8%

4 bedroom

$5,600

4%

16%

Studio

Average rent

$2,815

Last 30 days

4%

Last year

4%

1 bedroom

Average rent

$2,854

Last 30 days

1%

Last year

1%

2 bedroom

Average rent

$3,534

Last 30 days

No Change

Last year

4%

3 bedroom

Average rent

$4,000

Last 30 days

No Change

Last year

8%

4 bedroom

Average rent

$5,600

Last 30 days

4%

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$3,400
increased by79%

higher than the national median

Median rent price$3,025
increased by59%

higher than the national median

Takeaway

The median rent for all rentals in Princeton, NJ is 12% higher than the median rent in Bridgewater, NJ.

Discover rentals in Princeton, NJ

127 Carter Rd #NA - Photo 1 of 1

5d+ ago

Apartment for rent in Princeton

207 Salem Ct #11 - Photo 1 of 1

5d+ ago

House for rent in Princeton

Residential Lease, PRINCETON, NJ

207 Salem Ct #11, Princeton, NJ 08540

2 beds

1 bath

$2,200

2112 Sayre Dr - Photo 1 of 1

5d+ ago

Condo for rent in Princeton

Residential Lease, PRINCETON, NJ

2112 Sayre Dr, Princeton, NJ 08540

2 beds

1 bath

$2,280

2210 Sayre Dr - Photo 1 of 1

5d+ ago

Condo for rent in Princeton

Residential Lease, PRINCETON, NJ

2210 Sayre Dr, Princeton, NJ 08540

2 beds

1 bath

$2,300

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 $3,400 per month as of September 26, 2026.

Is rent up or down in Princeton?

Average rent prices in Princeton have decreased by 1% over the last month and have increased by 3% since last year.

How does Princeton rent compare to the national average?

Rent in Princeton is 79% above the national average, which means renters are paying approximately $1,500 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 $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 Princeton?

October offers the lowest rents in Princeton, with prices running approximately 8% below August, which sees the highest rent. This seasonal pattern creates clear timing advantages for renters throughout the year.

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).

Apartments for rent in Jersey City