Cheap Homes for Rent in Pennington, NJ from $1,800 (9 Rentals)

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

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Pennington, NJ Local Guide

Cheapest Neighborhoods for Apartments in Pennington, NJ

Pricing Updated: 07/21/2025

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
King's Gate North and East$4,245$2,00015
Pennington Hopewell$4,325$2,37516

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 $1,280. 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 ListingModel NameBed/BathPriced From
Lafayette House1 BR/1BaS1BR,1BA$1,280
Birchwood at Hopewell (55+) Community1 Bedroom1BR,1BA$1,345
Highgate Apartments1 BR1BR,1BA$1,495

Best Value Apartments for Rent in Pennington, NJ and Nearby

As of July 22, 2025 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 2 Bedroom 2 Bathroom Model at The Artisan at Lawrenceville starting at $2,810 with a $1.96 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Parkside Court1 BR w/Basement 1,650 sq.ft.1BR,1BA$1.19
The Artisan at Lawrenceville2 Bedroom 2 Bathroom2BR,2BA$1.96
Carriage Park at Lawrence (55+)1x11BR,1BA$1.90
The Gardens at Birmingham2 Bedroom Townhouse2BR,1BA$1.53
Franklin Arms2 Bed 1 Bath2BR,1BA$2.15
Versailles Apartments2 BEDROOMS2BR,1BA$2.12
Carlton Apartments1 Bedroom1BR,1BA$2.05
Delaware Heights1 Bedroom1BR,1BA$2.10
Birchwood at Hopewell (55+) Community1 Bedroom1BR,1BA$2.01
Lafayette House1 BR/1BaS1BR,1BA$2.12

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Frequently Asked Questions about Pennington

What type of rentals are currently available in Pennington?

There are currently 46 Apartments for Rent in Pennington, NJ with pricing that ranges from $790 to $12,278. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pennington ranging from $1,800 to $5,900.

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 $5,900 with an average monthly rent of $3,288.

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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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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.