844 Lower Ferry Rd
Ewing TownshipNJ08628
Cheap Homes for Rent in Pennington, NJ from $1,500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Pennington.
167 Kirkbride Ave
TrentonNJ08638
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.
53 Kelsey Ave
TrentonNJ08618
86 Linvale Rd
RingoesNJ08551
805 Prospect St
TrentonNJ08618
357 Oakland St
TrentonNJ08618
7 Nordacs
TrentonNJ08618
1449 Edgewood Ave
TrentonNJ08618
28 Nordacs
TrentonNJ08618
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
11 Hayes Ave
TrentonNJ08618
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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 | $2,022 | $1,600 | $2,550 |
| Pennington 3 Bedroom Homes for Rent | $3,452 | $2,225 | $5,900 |
| Pennington 4 Bedroom Homes for Rent | $4,175 | $1,975 | $7,500 |
| Pennington 5 Bedroom Homes for Rent | $6,850 | $6,850 | $6,850 |
| Pennington 7 Bedroom Homes for Rent | $3,800 | $3,800 | $3,800 |
Browse Top Homes for Rent in Pennington
Explore Pennington
Pennington, NJ Local Guide
- Pennington Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Pennington, NJ
Pricing Updated: 09/08/2025Current 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 | $3,210 | $1,215 | 51 |
| King's Gate North and East | $3,395 | $1,345 | 83 |
Cheapest Available Pennington Apartments for Rent and Nearby
The cheapest available apartment rental in Pennington, NJ is a 1 Bed unit found at Lafayette House in the Mill Hill neighborhood priced from $1,257. Birchwood at Hopewell (55+) Community in the King's Gate North and East neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,345. Here is today’s list of the most affordable Pennington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lafayette House | 1 BR/1BaS | 1BR,1BA | $1,257 |
| Birchwood at Hopewell (55+) Community | 1 Bedroom | 1BR,1BA | $1,345 |
| Versailles Apartments | 1 BEDROOM | 1BR,1BA | $1,415 |
Best Value Apartments for Rent in Pennington, NJ and Nearby
As of September 08, 2025 the best value apartment in the Pennington area is the $1.90 price per square foot 1x1 Model at Carriage Park at Lawrence (55+) in the in the Hutchinson Mills neighborhood starting from $1,950. The second greatest value Pennington apartment is the 2 Bedroom Townhouse Model at The Gardens at Birmingham starting at $1,549 with a $1.53 price per square foot in the King's Gate North and East 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. |
|---|---|---|---|
| Carriage Park at Lawrence (55+) | 1x1 | 1BR,1BA | $1.90 |
| The Gardens at Birmingham | 2 Bedroom Townhouse | 2BR,1BA | $1.53 |
| 564 Grand Ave | 2 Bedroom 1 Bath | 2BR,1BA | $1.93 |
| Sturwood Hamlet Apartments | One Bedroom | 1BR,1BA | $1.99 |
| Brookfield Gardens | $2.08/sq.ft. - 2 Bedroom | 2BR,1BA | $2.08 |
| Carlton Apartments | 1 Bedroom | 1BR,1BA | $2.05 |
| Delaware Heights | 1 Bedroom | 1BR,1BA | $2.10 |
| Parkside Manor | One Bedroom | 1BR,1BA | $2.06 |
| Birchwood at Hopewell (55+) Community | 1 Bedroom | 1BR,1BA | $2.01 |
| Lafayette House | 1 BR/1BaS | 1BR,1BA | $2.08 |
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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 47 Apartments for Rent in Pennington, NJ with pricing that ranges from $790 to $4,890. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pennington ranging from $1,550 to $7,500.
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 $1,550 to $7,500 with an average monthly rent of $3,662.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.