What is the average apartment size in Princeton?

The average size for a Princeton, NJ apartment is 1,153 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Princeton?

As of Oct / 2025, the average rent in Princeton is $3,136 per month, a 2.48% increase from last year’s average of $3,060.

How much does rent cost by apartment size in Princeton?

In Princeton, studios rent for $2,252 per month, one-bedroom units average $2,701 per month, two-bedrooms cost around $3,309 per month, and three-bedroom apartments rent for about $3,670 per month

What is the average apartment size in Princeton?

The typical apartment in Princeton offers about 1,153 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Princeton?

Studio apartments in Princeton average 484 sq. ft., one-bedrooms offer 796 sq. ft., two-bedrooms are about 1,302 sq. ft., and three-bedroom apartments average 1,551 sq. ft.

Princeton, NJ Rental Market Trends

Q: What's the typical rent budget in Princeton?

The typical rent budget in Princeton ranges from $3,000 to per month, with 54% of rentals in this range.

Q: Do most people rent or own in Princeton?

In Princeton, 39% of households rent while 61% own their homes, based on the latest U.S. Census data.

Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Princeton is $3,136, a 2.48% increase compared to the previous year, when the average rent was $3,060.

Studio Apartments at $2,252 offer the most budget-friendly option with 484 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 796 square feet for $2,701, balancing privacy and affordability.

Two-beedroom units at $3,309 offer 1,302 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,551 sq ft) for $3,670, suitable for larger households.

Average rent in Princeton, NJ

Last updated: November 18, 2025

	Average Rent	Average Apartment Size
All Rentals	$3,136	1,153 sq. ft.
Studio	$2,252	484 sq. ft.
1 Bed	$2,701	796 sq. ft.
2 Beds	$3,309	1,302 sq. ft.
3 Beds	$3,670	1,551 sq. ft.

Princeton, NJ rent trends

Rental prices in Princeton, NJ have increased by 2.48% over the past year. The average rent moved from $3,060 to $3,136.

What's the typical rent budget in Princeton, NJ?

The largest share of rentals in Princeton, NJ (54%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Princeton, NJ?

5,644 or 39% of the households in Princeton, NJ are renter-occupied while 8,868 or 61% are owner-occupied.

Access comprehensive real estate data and information on Yardi Matrix

How Princeton Compares to Other Cities

City	Average Rent
Princeton	$3,136
Jersey City	$3,786
Jersey Shore	$2,164
Newark	$1,741
East Orange	$1,868
Elizabeth	$1,871
Bayonne	$2,604
Hoboken	$4,577
Paterson	$1,718
Summit	$2,852
Camden	$1,426
New Brunswick	$2,627
Morrisville, PA	$1,812
Fairless Hills, PA	$1,614

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Princeton apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.