Apartments for Rent in Penns Grove, NJ

Prices and availability in Penns Grove, NJ were last updated on 12 Sep 2026.

The best apartments in Penns Grove, NJ are: River's Bend Apartments and 20 Pearl St.

The average rent in Penns Grove, NJ is $1,323.

In Penns Grove, 65% of the residents are renting compared to 35% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 18% of Penns Grove's rentals, 68% are small-scale complexes with under 50 units, and 14% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Penns Grove are about 49 years old, on average. Of these, 10% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 2 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Penns Grove come in a range of sizes and floorplans. Studio apartments represent 0.6% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 56% of the total apartments in the city, while 2-bedroom floorplans represent around 34% of all rentals in Penns Grove. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.