
Cheap Apartments for Rent in the Pennington Hopewell Neighborhood of Pennington, NJ from $800 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Pennington Hopewell area of Pennington.


20 W Franklin Ave

One Hundred Forge

Freedom Village at Hopewell

Heritage Village at Lambertville, 55+

Delaware Heights

White Pine Townhomes and Apartments

Sturwood Hamlet Apartments
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.

The Crossings at Ewing

Stewards Crossing

Total Monthly Price
7 Mountain Rd, Unit 2, Unit 2

River Links

Greene 750 at Bear Tavern (NEW)

611 Masterson Ct

141 Masterson Ct

36 Magnolia Ct
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Total Monthly Price
46 Jean St, Unit 46B Jean Street, Unit 46B Jean Street

26 John Ringo Rd

17 N Franklin St

41 Bridge St

44 Coral Tree Ct

725 Timberlake Dr

54 Coryell St

67 Ferry St
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Pennington Hopewell, Pennington, NJ Local Guide

How much does it cost to rent an apartment in Pennington Hopewell?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pennington Hopewell 1 Bedroom Apartments | $2,096 | $1,215 | $2,795 |
| Pennington Hopewell 2 Bedroom Apartments | $2,698 | $1,460 | $3,437 |
| Pennington Hopewell 3 Bedroom Apartments | $3,164 | $3,045 | $3,295 |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 2 mile radius of the Pennington Hopewell Neighborhood of Pennington, NJ.
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Pennington Hopewell, Pennington, NJ Local Guide
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Cheapest Available Pennington Hopewell Apartments for Rent
 The cheapest available apartment rental in the Pennington Hopewell area of Pennington, NJ is a 1 Bed unit found at Heritage Village at Lambertville, 55+ priced from $1,215. Birchwood at Hopewell (55+) Community has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,375. Here are the most affordable Pennington Hopewell apartments for rent in Pennington, NJ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Heritage Village at Lambertville, 55+ | 1 Bedroom | 1BR,1BA | $1,215 |
| Birchwood at Hopewell (55+) Community | 1 Bedroom | 1BR,1BA | $1,375 |
| Delaware Heights | 1 Bedroom | 1BR,1BA | $1,730 |
| Sturwood Hamlet Apartments | One Bedroom | 1BR,1BA | $1,835 |
| White Pine Townhomes and Apartments | 1 BEDROOM SECOND FLOOR | 1BR,1BA | $1,835 |
Best Value Apartments for Rent in Pennington Hopewell, NJ
As of April 29, 2026 the best value apartment in the Pennington Hopewell area is the $2.07 price per square foot One BR w/Den Model at Sturwood Hamlet Apartments in the in the King's Gate North and East neighborhood starting from $1,905. The second greatest value Pennington Hopewell apartment is the 1 BEDROOM FIRST FLOOR Model at White Pine Townhomes and Apartments starting at $1,835 with a $2.04 price per square foot in the Mercerville neighborhood. Here is today’s list of the best values for Pennington Hopewell apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sturwood Hamlet Apartments | One BR w/Den | 1BR,1BA | $2.07 |
| White Pine Townhomes and Apartments | 1 BEDROOM FIRST FLOOR | 1BR,1BA | $2.04 |
| Greene 750 at Bear Tavern (NEW) | Birmingham | 1BR,1BA | $2.78 |
| River Links | The Hudson | 1BR,1BA | $2.72 |
| One Hundred Forge | Delaware | 1BR,1BA | $2.82 |
| Delaware Heights | 1 Bedroom | 1BR,1BA | $2.18 |
| Stewards Crossing | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.53 |
| 7 Mountain Rd, Unit 2 | 7 Mountain Rd | 1BR,1BA | $2.67 |
| Birchwood at Hopewell (55+) Community | 1 Bedroom | 1BR,1BA | $2.05 |
| Heritage Village at Lambertville, 55+ | 1 Bedroom | 1BR,1BA | $1.98 |
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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.
Pet Friendly LifestylePennington Hopewell, Pennington, NJ
Ranked #2
Among cities in New Jersey for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Pennington Hopewell, Pennington, NJ
Central High School
Timberlane Middle School
School data provided by Great Schools
Frequently Asked Questions about Cheap Pennington Hopewell Apartments
What is the price of a cheap apartment in Pennington Hopewell?
The cheapest apartment in Pennington Hopewell is Heritage Village at Lambertville, 55+ which is listed at $1,215, while the average apartment in Pennington Hopewell costs $3,158.
What types of apartments are the cheapest in Pennington Hopewell?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 11 regular apartments in Pennington Hopewell that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Pennington Hopewell?
Cheap apartments in Pennington Hopewell have an average cost of $936 which is $2,222 cheaper than the average rent for all rentals in Pennington Hopewell.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.