71 Altamawr Ave
TrentonNJ08648
Cheap Homes for Rent in Pennington, NJ from $1,800 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Pennington.
24 Bank St
PrincetonNJ08542
134 Klockner Rd
Hamilton TownshipNJ08619
11 Van Buren Pl
TrentonNJ08648
331 Ellis Ave
TrentonNJ08638
927 Carteret Ave
TrentonNJ08618
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
44 Coral Tree Ct
TrentonNJ08648
517 Stuyvesant Ave
TrentonNJ08618
112 Hazelhurst Ave
Ewing TownshipNJ08638
101 Quince Ct
TrentonNJ08648
24 Trent Ave
Ewing TownshipNJ08638
725 Timberlake Dr
TrentonNJ08618
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
566 Rutherford Ave
TrentonNJ08618
Showing Results 1-13, Page 1 of 1
Pennington, NJ Local Guide
Autumn light in Pennington by nosha is licensed under CC BY 2.0
How much does it cost to rent a home in Pennington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pennington 2 Bedroom Homes for Rent | $2,400 | $1,800 | $3,600 |
| Pennington 3 Bedroom Homes for Rent | $3,201 | $2,275 | $4,950 |
| Pennington 4 Bedroom Homes for Rent | $4,292 | $2,300 | $9,000 |
| Pennington 5 Bedroom Homes for Rent | $4,912 | $2,300 | $9,000 |
| Pennington 6 Bedroom Homes for Rent | $4,233 | $3,900 | $4,900 |
Browse Top Homes for Rent in Pennington
Explore Pennington
Pennington, NJ Local Guide
- Pennington Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Pennington, NJ
Pricing Updated: 05/05/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Pennington Hopewell | $3,110 | $1,215 | 54 |
| King's Gate North and East | $4,200 | $1,375 | 92 |
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 $1,375. Woodbrook House Apartments in the Ewingville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,575. Here is today’s list of the most affordable Pennington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Birchwood at Hopewell (55+) Community | 1 Bedroom | 1BR,1BA | $1,375 |
| Woodbrook House Apartments | One Bedroom | 1BR,1BA | $1,575 |
| The Gardens at Birmingham | 2 Bedroom Townhouse | 2BR,1BA | $1,579 |
| Colonial Gardens Trenton Proud LLC | 2BR | 2BR,1BA | $1,600 |
| River's Edge Apartments | One Bedroom | 1BR,1BA | $1,650 |
Best Value Apartments for Rent in Pennington, NJ and Nearby
As of May 05, 2026 the best value apartment in the Pennington area is the $1.19 price per square foot 1 BR w/Basement 1,650 sq.ft. Model at Parkside Court in the in the East Trenton neighborhood starting from $1,970. The second greatest value Pennington apartment is the 3 Bedroom Model at Yorkshire Meadows starting at $3,450 with a $2.14 price per square foot in the Princeton Lawrenceville neighborhood. Here is today’s list of the best values for Pennington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Parkside Court | 1 BR w/Basement 1,650 sq.ft. | 1BR,1BA | $1.19 |
| Yorkshire Meadows | 3 Bedroom | 3BR,2.5BA | $2.14 |
| Carriage Park at Lawrence (55+) | Two Bedroom | 2BR,2BA | $1.74 |
| The Gardens at Birmingham | 2 Bedroom Townhouse | 2BR,1BA | $1.56 |
| River's Edge Apartments | 2 bedroom washer dryer | 2BR,1BA | $2.20 |
| Colonial Gardens Trenton Proud LLC | 2BR | 2BR,1BA | $1.73 |
| Sturwood Hamlet Apartments | One BR w/Den | 1BR,1BA | $2.07 |
| White Pine Townhomes and Apartments | 1 BEDROOM FIRST FLOOR | 1BR,1BA | $2.04 |
| Delaware Heights | 1 Bedroom | 1BR,1BA | $2.18 |
| Birchwood at Hopewell (55+) Community | 1 Bedroom | 1BR,1BA | $2.05 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Best Local Schools in Pennington, NJ
Central High School
Hopewell Valley Regional School District
Public School - Grades 9-12 (1079)
6 out of 10
Timberlane Middle School
Hopewell Valley Regional School District
Public School - Grades 6-8 (780)
6 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Pennington, NJ Rentals by Map
See the most popular apartments and homes in Pennington, NJ
Frequently Asked Questions about Pennington
What type of rentals are currently available in Pennington?
There are currently 49 Apartments for Rent in Pennington, NJ with pricing that ranges from $790 to $4,585. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pennington ranging from $1,800 to $9,000.
What is the current price range for Rental Homes in Pennington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Pennington ranges from $1,800 to $9,000 with an average monthly rent of $3,523.
Expert Rental Resources
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.
Articles, How-To's, and Tips
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.