Cheap Homes for Rent in Princeton, NJ from $1,500 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in Princeton.

property at 85 Birch Ave

85 Birch Ave

PrincetonNJ08542
property at 361 Ewing St

361 Ewing St

PrincetonNJ08540
property at 4271 NJ-27

4271 NJ-27

PrincetonNJ08540

Princeton, NJ Local Guide

Cheapest Neighborhoods for Apartments in Princeton, NJ

Pricing Updated: 04/11/2025

Current apartment rentals in the Princeton, 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 Princeton Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Princeton Lawrenceville$4,207$710259
Downtown Princeton$4,467$1,395116
Princeton Manor$4,505$1,88042

Cheapest Available Princeton Apartments for Rent

 

The cheapest available apartment rental in Princeton, NJ is a Studio unit found at Princeton Lakeview Apartments in the Turnpike West neighborhood priced from $1,395. Icon Riverwalk 55+ Active Adult Apartment Homes in the Cranbury Brook - The Highlands neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,849. Here is today’s list of the most affordable Princeton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Princeton Lakeview ApartmentsStudioStudio,1BA$1,395
Icon Riverwalk 55+ Active Adult Apartment HomesJuliaStudio,1BA$1,849
The Willows at Orchard RoadTwo Bedroom2BR,1BA$1,880

Best Value Apartments for Rent in Princeton, NJ

As of April 11, 2025 the best value apartment in the Princeton area is the $2.17 price per square foot 3 Bedroom 2 Bathroom Model at The Artisan at Lawrenceville in the in the Combs Farm neighborhood starting from $2,822. The second greatest value Princeton apartment is the 2nd level Model at 146 Nassau St starting at $3,975 with a $3.12 price per square foot in the Princeton Lawrenceville neighborhood. Here is today’s list of the best values for Princeton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Artisan at Lawrenceville3 Bedroom 2 Bathroom3BR,2BA$2.17
146 Nassau St2nd level2BR,2BA$3.12
Barclay Square at Princeton ForrestalCoventry I Enhanced2BR,2BA$2.62
Princeton Lakeview ApartmentsTwo Bedroom/Two Bath2BR,2BA$2.17
The Willows at Orchard RoadTwo Bedroom2BR,1BA$1.66
Windsor Woods$2.55/sq.ft. - The Arlington2BR,2BA$2.82
Copperwood in PrincetonAspen1BR,1BA$3.13
126 John St, Unit 3126 John St2BR,2BA$3.09
The Somerset at MontgomeryA1BR,1BA$3.03
The Mercer at Lawrence StationWindsor1BR,1BA$2.85

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Frequently Asked Questions about Princeton

What type of rentals are currently available in Princeton?

There are currently 76 Apartments for Rent in Princeton, NJ with pricing that ranges from $710 to $6,729. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Princeton ranging from $1,500 to $10,000.

What is the current price range for Rental Homes in Princeton?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Princeton ranges from $1,500 to $10,000 with an average monthly rent of $4,673.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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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.