Princeton, NJ has a population of 30,722, while the median age is 34. The household income in Princeton, NJ is around $125,506. The homeownership rate among the residents is 59%. The median residential property value in Princeton, NJ that you should keep in mind is $809,200.
Population | 30,722 |
Median Age | 34.3 |
Poverty Rate | 6% |
Household Income | $125,506 |
Number Of Employees | 15,231 |
Median Property Value | $809,200 |
Rent Price |
May | vs Last Month |
---|---|---|
Studio apartments | $2,420 | +10% |
1-bed apartments | $3,963 | -29.5% |
2-bed apartments | $3,940 | -36.8% |
3-bed apartments | $3,911 | -58.8% |
4+ bed apartments | $6,139 | -69.1% |
Over the May 2023, the average rent for an apartment in/near Princeton, NJ decreased by 58.7% to $4,462.
Compared to the last month, the average price for a rental studio in Princeton, NJ has increased by 10%. You can expect to rent the studio for $2,420 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 29.5% to $3,963. Pricing for 2-bed apartment also decreased by 36.8% and a place of this size will now cost you $3,940. 3-bed apartment rent pricing starts at $3,911, it decreased by 58.8% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 69.1% and made it down to $6,139.
Rent Type Price |
May | vs Last Month |
---|---|---|
Houses for rent | $5,138 | -65% |
Apartments for rent | $3,999 | -6.4% |
The median rent for an apartment in Princeton, NJ decreased by 6.4% to $3,999. Statistics show that house rent price decreased by 65% this month making it up to $5,138. Condo for rent is now available for the same pricing as previously — $7,467.