Average Rent in Princeton, NJ

Princeton rentals average $2,100 for a studio rental to $7,500 for a 4-bedroom rental. The median price of all currently available listings is $3,525, or roughly $42 per square feet.

For the apartment units and housing in October 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $233 (-10.00%) year-over-year from $2,333 to $2,100. 1-bedroom rentals prices have decreased by $417 (-15.92%) year-over-year from $2,617 to $2,200. 2-bedroom rentals prices have increased by $546 (14.35%) year-over-year from $3,804 to $4,350. 3-bedroom rentals prices have decreased by $992 (-21.60%) year-over-year from $4,592 to $3,600. 4-bedroom rentals prices have decreased by $33 (-0.44%) year-over-year from $7,533 to $7,500. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 1.56% this month. 1-bedroom rents have gone down by 4.10% this month. 2-bedroom rents have gone up by 13.48% this month. 3-bedroom rents have gone down by 21.65% this month. 4-bedroom rents have gone up by 2.51% this month.