Median rent for residential in as of Jul, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
18 Princeton, NJ, USA apartments for rent
Princeton
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 |
Housing Trends
How much is an apartment in Princeton, NJ, USA
Average rent in Princeton: $2,500 (-42.5%)
| 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 |
|---|---|---|
| Apartment rentals | $1,286 | -60.3% |
| Townhouse rentals | $3,943 | +4.8% |
| House rentals | $5,155 | -11.3% |
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.