172-252-252 Scotch Rd
Ewing TownshipNJ08628
Cheap Homes for Rent in Pennington, NJ from $1,450 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Pennington.
1456 Pennington Rd
EwingNJ08628
238 Rosemont Ave
TrentonNJ08618
716 Mulberry St
TrentonNJ08638
41 Model Ave
HopewellNJ08525
39 Diverty Rd
PenningtonNJ08534
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
257 Highland Ave
TrentonNJ08618
1344 Princeton Ave
TrentonNJ08638
103 Newell Ave
TrentonNJ08618
1133 Halifax Pl
TrentonNJ08619
846 Stuyvesant Ave
TrentonNJ08618
1145 Lower Ferry Rd
Ewing TownshipNJ08618
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Showing Results 1-12, Page 1 of 1
Pennington, NJ Local Guide
How much does it cost to rent a home in Pennington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pennington 2 Bedroom Homes for Rent | $2,900 | $1,800 | $5,800 |
| Pennington 3 Bedroom Homes for Rent | $3,120 | $2,100 | $4,500 |
| Pennington 4 Bedroom Homes for Rent | $4,575 | $2,500 | $8,500 |
| Pennington 5 Bedroom Homes for Rent | $2,807 | $2,100 | $3,350 |
Browse Top Homes for Rent in Pennington
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Pennington, NJ Local Guide
- Pennington Neighborhoods
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Cheapest Neighborhoods for Homes in Pennington, NJ
Pricing Updated: 09/21/2026Current rental homes in the Pennington, NJ area range in price from $1,450 to $4,750 with an overall median price of $3,250. Here is today’s list neighborhoods with the lowest median pricing for Pennington Homes for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| King's Gate North and East | $3,250 | $1,450 | 17 |
| Pennington Hopewell | $3,250 | $1,450 | 18 |
Best Value Homes for Rent in Pennington, NJ
As of September 22, 2026 the best value rental home in the Pennington area is the $1.86 price per square foot 412 Denow Rd Model at 412 Denow Rd in the King's Gate North and East neighborhood starting from $3,499. The second greatest value Pennington rental home is the 139 Coburn Rd Model at 139 Coburn Rd in the King's Gate North and East neighborhood starting at $3,000 with a $1.64 price per square foot. Here is today’s list of the best values for Pennington homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 412 Denow Rd | 412 Denow Rd | 3BR, 2.5BA | $1.86 |
| 139 Coburn Rd | 139 Coburn Rd | 2BR, 3BA | $1.64 |
Don'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 Article
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Quick Rent Budget Calculator
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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 (1068)
6 out of 10
Timberlane Middle School
Hopewell Valley Regional School District
Public School - Grades 6-8 (803)
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 50 Apartments for Rent in Pennington, NJ with pricing that ranges from $790 to $4,640. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pennington ranging from $1,450 to $8,500.
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 $1,450 to $8,500 with an average monthly rent of $3,217.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.