Cheap Homes for Rent in Pennington Hopewell Neighborhood of Pennington, NJ from $2,200 (7 Rentals)

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

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.

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.

property at 5302 Mary Ashby Way

$2,900

Total Monthly Price

Total Monthly Price

Base Rent
$2,900

Total Monthly Price
$2,900

2 Bedroom, 2 Bath Condo for Rent

Available Now

5302 Mary Ashby Way, Unit 2301

5302 Mary Ashby Way
PenningtonNJ08534

Pennington Hopewell, Pennington, NJ Local Guide

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 ListingModel NameBed/BathPriced From
Heritage Village at Lambertville, 55+1 Bedroom1BR,1BA$1,215
Birchwood at Hopewell (55+) Community1 Bedroom1BR,1BA$1,375
Delaware Heights1 Bedroom1BR,1BA$1,730

Best Value Apartments for Rent in Pennington Hopewell, NJ

As of June 04, 2026 the best value apartment in the Pennington Hopewell area is the $2.60 price per square foot 46 Jean St Model at 46 Jean St, Unit 46B Jean Street in the in the Pennington Hopewell neighborhood starting from $2,600. The second greatest value Pennington Hopewell apartment is the One BR w/Den Model at Sturwood Hamlet Apartments starting at $1,905 with a $2.07 price per square foot in the King's Gate North and East neighborhood. Here is today’s list of the best values for Pennington Hopewell apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
46 Jean St, Unit 46B Jean Street46 Jean St2BR,1BA$2.60
Sturwood Hamlet ApartmentsOne BR w/Den1BR,1BA$2.07
White Pine Townhomes and Apartments1 BEDROOM FIRST FLOOR1BR,1BA$2.04
Stewards Crossing2 Bedroom 1 Bathroom2BR,1BA$2.46
Greene 750 at Bear Tavern (NEW)Birmingham1BR,1BA$2.78
One Hundred ForgeDelaware1BR,1BA$2.81
Delaware Heights1 Bedroom1BR,1BA$2.18
7 Mountain Rd, Unit 27 Mountain Rd1BR,1BA$2.40
Birchwood at Hopewell (55+) Community1 Bedroom1BR,1BA$2.05
Heritage Village at Lambertville, 55+1 Bedroom1BR,1BA$1.98

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.

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Real 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

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.

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Pet Friendly Lifestyle
Pennington Hopewell, Pennington, NJ

Ranked #2

Among cities in New Jersey for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Pennington Hopewell

What type of rentals are currently available in Pennington Hopewell?

There are currently 56 Apartments for Rent in Pennington Hopewell, NJ with pricing that ranges from $1,215 to $11,084. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pennington Hopewell ranging from $2,250 to $6,000.

What is the current price range for Rental Homes in Pennington Hopewell?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Pennington Hopewell ranges from $2,250 to $6,000 with an average monthly rent of $3,684.

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

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.