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.
|Number Of Employees||15,231|
|Median Property Value||$809,200|
|Rent Price||Jul||vs Last Month|
|1 bed rentals||$3,500||+45.8%|
|2 bed rentals||$2,941||-15.6%|
|3 bed rentals||$4,090||+0.8%|
|4+ bed rentals||$1,793||-72%|
Over the Jul 2022, the average rent for an apartment in/near Princeton, NJ decreased by 42.5% to $2,500.
Breaking it down in details, we now see that the average price for 1-bed apartment increased by 45.8% to $3,500. Pricing for 2-bed apartment also decreased by 15.6% and a place of this size will now cost you $2,941. 3-bed apartment rent pricing starts at $4,090, it increased by 0.8% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 72% and made it down to $1,793.
|Rent Type Price||Jul||vs Last Month|
The median rent for an apartment in Princeton, NJ decreased by 60.3% to $1,286. Statistics show that house rent price decreased by 11.3% this month making it up to $5,155. The median rent for a townhouse increased by 4.8%, you’ll have to spend around $3,943 to get one.