Princeton, NJ Rental Market Trends
What is the average rent in Princeton?
The average rent for an apartment in Princeton is $3,086. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Princeton, NJ
Last updated March 2025
Average Rent | Average Apartment Size |
---|---|
$3,086 | 1,153 sq. ft. |
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.
Princeton, NJ apartment rent ranges
Princeton, NJ Occupied Housing Units
5,644 or 39% of the households in Princeton, NJ are renter-occupied while 8,868 or 61% are owner-occupied.
Princeton, NJ rent trends

How Princeton Compares to Other Cities
State | Average Rent |
---|---|
Jersey City | $3,689 |
Jersey Shore | $2,107 |
Newark | $1,703 |
East Orange | $1,854 |
Hoboken | $4,422 |
Elizabeth | $1,853 |
Summit | $2,707 |
Bayonne | $2,570 |
Trenton | $1,441 |
Princeton | $3,086 |
Camden | $1,465 |
New Brunswick | $2,446 |
Morrisville | $1,809 |
Fairless Hills | $1,675 |