
Cheap Homes for Rent in Pennington, NJ from $1,800 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Pennington.


7 Nordacs

28 Nordacs

41 Edgemere Ave

362 1/2 Reservoir St
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

331 Oakland St

62 NJ-31

156 Hoffman Ave

18 Crest Ave
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.

48 Laurel Pl
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 | $2,214 | $1,850 | $3,500 |
| Pennington 3 Bedroom Homes for Rent | $3,559 | $2,200 | $5,900 |
| Pennington 4 Bedroom Homes for Rent | $3,875 | $1,975 | $7,500 |
| Pennington 5 Bedroom Homes for Rent | $4,000 | $4,000 | $4,000 |
Browse Top Homes for Rent in Pennington
Explore Pennington
Pennington, NJ Local Guide
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Cheapest Neighborhoods for Apartments in Pennington, NJ
Pricing Updated: 10/27/2025Current 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 |
|---|---|---|---|
| King's Gate North and East | $3,787 | $2,100 | 15 |
| Pennington Hopewell | $5,550 | $1,800 | 20 |
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 $1,203. 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 | $1,203 |
| Birchwood at Hopewell (55+) Community | 1 Bedroom | 1BR,1BA | $1,345 |
| Parkside Manor | One Bedroom | 1BR,1BA | $1,375 |
| Highgate Apartments | 1 BR | 1BR,1BA | $1,425 |
| The Gardens at Birmingham | 2 Bedroom Townhouse | 2BR,1BA | $1,549 |
Best Value Apartments for Rent in Pennington, NJ and Nearby
As of October 27, 2025 the best value apartment in the Pennington area is the $1.92 price per square foot 3 Bedroom Model at Yorkshire Meadows in the in the Princeton Lawrenceville neighborhood starting from $3,095. The second greatest value Pennington apartment is the 2 BEDROOM TOWNHOUSE Model at White Pine Townhomes and Apartments starting at $2,180 with a $1.93 price per square foot in the Mercerville 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. |
|---|---|---|---|
| Yorkshire Meadows | 3 Bedroom | 3BR,2.5BA | $1.92 |
| White Pine Townhomes and Apartments | 2 BEDROOM TOWNHOUSE | 2BR,1.5BA | $1.93 |
| Carlton Apartments | 2 Bedroom Willow | 2BR,1BA | $1.95 |
| 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 BR w/Den | 1BR,1BA | $2.07 |
| Parkside Manor | One Bedroom | 1BR,1BA | $1.96 |
| Birchwood at Hopewell (55+) Community | 1 Bedroom | 1BR,1BA | $2.01 |
| Lafayette House | 1 BR/1BaS | 1BR,1BA | $1.99 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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 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.
Best Local Schools in Pennington, NJ
Central High School
Timberlane Middle School
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 $5,090. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pennington ranging from $1,800 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 $1,800 to $7,500 with an average monthly rent of $3,089.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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.