Cheap Apartments for Rent in Princeton, NJ from $575 (55 Rentals)

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Search the lowest-cost Apartments available for rent right now in Princeton.

property at 35 Linden Ln
$2,245 - $3,150
Studio To 2 Bedroom Rentals
Available Now
Affordability

35 Linden Ln

PrincetonNJ08540

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.

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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.

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property at 109 N Barrow Pl
$3,000

Total Monthly Price

Base Rent$3,000
Total Monthly Price$3,000
2 Bedroom, 2.5 Bath Townhome for Rent
Available Now

109 N Barrow Pl

PrincetonNJ08540
property at 32B Foxboro Ct
$3,150

Total Monthly Price

Base Rent$3,150
Total Monthly Price$3,150
2 Bedroom, 2.5 Bath Townhome for Rent
Available Now

32B Foxboro Ct

PrincetonNJ08540

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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41 Spring St
Studio to 1 Bedroom Apartments

41 Spring St

41 Spring StPrinceton, NJ 08542
Student Housing
  • Utilities Included
property at 16 Linden Ln
$3,350

Total Monthly Price

Base Rent$3,350
Total Monthly Price$3,350
2 Bedroom, 2 Bath Condo for Rent
Available Now
Cost Per Sq.Ft.

16 Linden Ln, Unit 2A

16 Linden Ln
PrincetonNJ08542

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.

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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.

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Princeton, NJ Local Guide

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Cheapest Neighborhoods for Apartments in Princeton, NJ

Pricing Updated: 09/10/2026

Current apartment rentals in the Princeton, NJ area range in price from $1,000 to $6,500 with an overall median price of $3,644. Here is today’s list neighborhoods with the lowest median pricing for Princeton Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Princeton Manor$2,825$2,2002
Princeton Lawrenceville$3,600$1,00052
Downtown Princeton$4,000$2,95011

Cheapest Available Princeton Apartments for Rent

 

The cheapest available apartment rental in Princeton, NJ is a 1 Bed unit found at The Landing at Skillman Place priced from $863. Yorkshire Village Senior 55+ in the Princeton Lawrenceville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,925. Here is today’s list of the most affordable Princeton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Landing at Skillman Place1 BR (30% AMI)1BR,1BA$863
Yorkshire Village Senior 55+1 Bedroom1BR,1BA$1,925
Kingston Terrace1 Bedroom1BR,1BA$1,929
86 Spruce Street, Princeton1BR/1.0BA1BR,1BA$2,000
The Artisan at Lawrenceville1 Bedroom 1 Bathroom1BR,1BA$2,028
Icon Riverwalk 55+ Active Adult Apartment HomesGreene1BR,1BA$2,204
Windsor Woods$2.45/sq.ft. - The Ashton2BR,1BA$2,273
The Mercer at Lawrence StationWindsor1BR,1BA$2,310
Parc at Princeton Junction1F1BR,1BA$2,313
Princeton GardensRenovated 1 Bed 1 Bath Flat w/ W/D1BR,1BA$2,350

Best Value Apartments for Rent in Princeton, NJ

As of September 10, 2026 the best value apartment in the Princeton area is the $2.03 price per square foot Canary Model at Princeton Terrace At West Windsor in the in the Princeton Lawrenceville neighborhood starting from $3,395. The second greatest value Princeton apartment is the 3 Bedroom Model at Yorkshire Meadows starting at $3,450 with a $2.14 price per square foot in the Princeton Lawrenceville neighborhood. Here is today’s list of the best values for Princeton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Princeton Terrace At West WindsorCanary2BR,2.5BA$2.03
Yorkshire Meadows3 Bedroom3BR,2.5BA$2.14
Barclay Square at Princeton ForrestalDevon II (Upgraded Appliances Lighting)2BR,2.5BA$2.67
The Somerset at MontgomeryD2BR,2BA$2.60
Princeton GardensRenovated 2 Bed 1.5 & Bath w/ W/D2BR,1.5BA$2.41
Copperwood in PrincetonHickory2BR,1BA$3.09
The Artisan at Lawrenceville1 Bedroom 1 Bathroom1BR,1BA$2.37
The Mercer at Lawrence StationWindsor1BR,1BA$2.92
Kingston Terrace1 Bedroom1BR,1BA$2.84
The Landing at Skillman Place1 BR (58% AMI)1BR,1BA$2.57

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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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.

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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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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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Princeton Overview

Princeton, New Jersey, is a household name across America and much of the globe for good reason. It has produced some of the brightest and best. Albert Einstein himself had strong ties to Princeton University. But for those interested in Princeton apartments, the college town’s great history may have only gotten better. Its rich multicultural arts and outstanding dining are only equaled by the safety its residents enjoy. You can walk to shopping and the town has excellent and inexpensive modes of transportation. As places to live go, you get a big bang for your buck with Princeton apartments considering everything it has to offer.

Why live in Princeton, NJ?

Princeton apartments offer a wonderful college-town lifestyle that is rich in arts, culture, education, music. It’s one of the few places that has a pub like Triumph Brewing Company that makes its own beer on the premises. It’s a hip little town to say the least.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Princeton, NJ Rentals by Map

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Frequently Asked Questions about Cheap Princeton Apartments

What is the Cheapest Studio apartment in Princeton?

Currently the most affordable Cheap Studio Apartment in Princeton is at 172 Nassau St listed at $2,400.

How much is rent for a Cheap One Bedroom Princeton Apartment?

The lowest price for a Cheap One Bedroom Princeton Apartment is $863 at The Landing at Skillman Place.

What is the lowest price for a Cheap Two Bedroom Princeton Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Princeton is starting from $2,273 at Windsor Woods.

What is the most affordable Princeton Three Bedroom Apartment?

The best deal on a cheap Princeton Three Bedroom Apartment rental is at The Artisan at Lawrenceville and starts from $2,848.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

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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.

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.