Cheap Apartments for Rent in Pennington, NJ from $700 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in Pennington.

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Pennington, NJ Local Guide

Cheapest Neighborhoods for Apartments in Pennington, NJ

Pricing Updated: 02/27/2025

Current apartment rentals in the Pennington, NJ area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Pennington Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Pennington Hopewell$2,840$1,2151384
King's Gate North and East$3,850$1,4113277

Cheapest Available Pennington Apartments for Rent and Nearby

 

The cheapest available apartment rental in Pennington, NJ is a 1 Bed unit found at Birchwood at Hopewell (55+) Community in the King's Gate North and East neighborhood priced from $1,411. Lafayette House in the Mill Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,422. Here is today’s list of the most affordable Pennington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Birchwood at Hopewell (55+) Community1 Bedroom1BR,1BA$1,411
Lafayette House1+D/1.5B1BR,1BA$1,422
Highgate Apartments1 BR1BR,1BA$1,455
The Gardens at Birmingham2 Bedroom Townhouse2BR,1BA$1,549
Woodbrook House ApartmentsOne Bedroom1BR,1BA$1,575
Colonial Gardens Trenton ProudLarge 2 Bedroom2BR,1BA$1,600
River's Edge ApartmentsOne Bedroom1BR,1BA$1,650
Brookfield Gardens$2.13/sq.ft. - 1 bedroom1BR,1BA$1,650
Parkside ManorTwo Bedrooms2BR,1BA$1,735
Versailles Apartments2 BEDROOMS2BR,1BA$1,775

Best Value Apartments for Rent in Pennington, NJ and Nearby

As of February 27, 2025 the best value apartment in the Pennington area is the $2.17 price per square foot The New "Banbury" - Fully Renovated Two Bedroom... Model at Yardley Crossing Luxury Apt and Townhomes in the in the Central West neighborhood starting from $2,400. The second greatest value Pennington apartment is the 3 bedroom Model at River's Edge Apartments starting at $2,400 with a $2.18 price per square foot in the Outer Trenton Hamilton Ewing neighborhood. Here is today’s list of the best values for Pennington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Yardley Crossing Luxury Apt and TownhomesThe New "Banbury" - Fully Renovated Two Bedroom...2BR,1.5BA$2.17
River's Edge Apartments3 bedroom3BR,2BA$2.18
Carriage Park at Lawrence (55+)1x11BR,1BA$1.90
The Gardens at Birmingham2 Bedroom Townhouse2BR,1BA$1.53
Lafayette House1+D/1.5B1BR,1.5BA$1.42
Colonial Gardens Trenton ProudLarge 2 Bedroom2BR,1BA$1.73
Versailles Apartments2 BEDROOMS2BR,1BA$1.97
Parkside ManorTwo Bedrooms2BR,1BA$1.93
Carlton Apartments1 Bedroom1BR,1BA$2.11
Birchwood at Hopewell (55+) Community1 Bedroom1BR,1BA$2.11

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Best Local Schools in
Pennington, NJ

School data provided by Great Schools

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Getting Around Pennington, NJ

Walk Score®

33 / 100

Car-Dependent

Most errands require a car

Bike Score®

36 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Pennington Apartments

How much is rent for a Cheap One Bedroom Pennington Apartment?

The lowest price for a Cheap One Bedroom Pennington Apartment is $1,411 at Birchwood at Hopewell (55+) Community.

What is the lowest price for a Cheap Two Bedroom Pennington Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Pennington is starting from $1,549 at The Gardens at Birmingham.

What is the most affordable Pennington Three Bedroom Apartment?

The best deal on a cheap Pennington Three Bedroom Apartment rental is at River's Edge Apartments and starts from $2,200.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.