Cheap Apartments for Rent in Princeton, NJ from $700 (8 Rentals)

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

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.

Princeton, NJ Local Guide

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Cheapest Neighborhoods for Apartments in Princeton, NJ

Pricing Updated: 06/13/2025

Current apartment rentals in the Princeton, 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 Princeton Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Princeton Manor$5,000$1,915110
Downtown Princeton$5,900$1,395193
Princeton Lawrenceville$5,900$710337

Cheapest Available Princeton Apartments for Rent

 

The cheapest available apartment rental in Princeton, NJ is a 1 Bed unit found at Residences at Herrontown in the Princeton Lawrenceville neighborhood priced from $710. Princeton Lakeview Apartments in the Turnpike West neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,395. Here is today’s list of the most affordable Princeton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Residences at Herrontown30% AMI1BR,1BA$710
Princeton Lakeview ApartmentsStudioStudio,1BA$1,395
Yorkshire Village Senior 55+1 Bedroom1BR,1BA$1,825

Best Value Apartments for Rent in Princeton, NJ

As of June 13, 2025 the best value apartment in the Princeton area is the $2.26 price per square foot Canary Model at Princeton Terrace At West Windsor in the in the Princeton Lawrenceville neighborhood starting from $3,780. The second greatest value Princeton apartment is the 3 Bedroom Model at Yorkshire Meadows starting at $3,490 with a $2.17 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$2.26
Yorkshire Meadows3 Bedroom3BR,2.5BA$2.17
The Artisan at Lawrenceville3 Bedroom 2 Bathroom3BR,2BA$2.29
Barclay Square at Princeton ForrestalCoventry I Enhanced2BR,2BA$2.62
The Mercer at Lawrence StationNottingham3BR,2BA$2.39
Windsor Woods$2.51/sq.ft. - The Farrington3BR,2BA$2.77
Princeton Lakeview ApartmentsTwo Bedroom/Two Bath2BR,2BA$2.17
The Willows at Orchard RoadTwo Bedroom2BR,1BA$1.73
Princeton Gardens*$1,000 off the 1st full month if lease signed ...2BR,1.5BA$2.41
Copperwood in PrincetonAspen 51BR,1BA$2.89

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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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Getting Around Princeton, NJ

Walk Score®

45 / 100

Car-Dependent

Most errands require a car

Bike Score®

59 / 100

Bikeable

Some bike infrastructure

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 Princeton Lakeview Apartments listed at $1,395.

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

The lowest price for a Cheap One Bedroom Princeton Apartment is $710 at Residences at Herrontown.

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 $852 at Residences at Herrontown.

What is the most affordable Princeton Three Bedroom Apartment?

The best deal on a cheap Princeton Three Bedroom Apartment rental is at Residences at Herrontown and starts from $984.

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.