Cheap Apartments for Rent in Princeton, NJ from $400 (46 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 May 10

35 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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property at 108 Wrangel Ct

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400
Total Monthly Price
$2,400

2 Bedroom, 1 Bath Condo for Rent

Available Jun 1

108 Wrangel Ct, Unit 9, Unit 9

108 Wrangel Ct
PrincetonNJ08540

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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41 Spring St
Studio to 1 Bedroom Apartments

41 Spring St

41 Spring StPrinceton, NJ 08542
Student Housing
  • Utilities Included

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.

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property at 119 Commonwealth Ct

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500
Total Monthly Price
$2,500

2 Bedroom, 2 Bath Condo for Rent

Available Now

119 Commonwealth Ct, Unit 1, Unit 1

119 Commonwealth Ct
PrincetonNJ08540
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Avalon Princeton
Studio to 3 Bedroom Apartments

Avalon Princeton

100 Albert WayPrinceton, NJ 08540

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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-46, Page 1 of 1

Princeton, NJ Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Princeton, NJ

Pricing Updated: 04/27/2026

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$10,744$1,70021
Princeton Lawrenceville$10,975$790293
Downtown Princeton$19,500$1,40052

Cheapest Available Princeton Apartments for Rent

 

The cheapest available apartment rental in Princeton, NJ is a 1 Bed unit found at Princeton Lakeview Apartments in the Cranbury Brook - The Highlands neighborhood priced from $1,695. Yorkshire Village Senior 55+ in the Princeton Lawrenceville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,695. Here is today’s list of the most affordable Princeton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Princeton Lakeview ApartmentsOne Bedroom1BR,1BA$1,695
Yorkshire Village Senior 55+1 Bedroom1BR,1BA$1,695
The Willows at Orchard RoadTwo Bedroom2BR,1BA$1,799
Kingston Terrace1 Bedroom1BR,1BA$1,979
Princeton GardensSpring Season Special - Ends April 30 !! Spacio...1BR,1BA$2,200
The Artisan at Lawrenceville1 Bedroom 1 Bathroom1BR,1BA$2,256
The Mews at Princeton JunctionA1B-HC1BR,1BA$2,265
Windsor Woods$3.14/sq.ft. - The Darnington1BR,1BA$2,309
Lofts at Princeton$3.20/sq.ft. - ME-1B1BR,1BA$2,449
Icon Riverwalk 55+ Active Adult Apartment HomesGreene1BR,1BA$2,467

Best Value Apartments for Rent in Princeton, NJ

As of April 27, 2026 the best value apartment in the Princeton area is the $1.91 price per square foot Canary Model at Princeton Terrace At West Windsor in the in the Princeton Lawrenceville neighborhood starting from $3,195. 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$1.91
Yorkshire Meadows3 Bedroom3BR,2.5BA$2.14
Barclay Square at Princeton ForrestalDevon II (Upgraded Appliances Lighting - Premiu...2BR,2.5BA$2.62
Princeton GardensSpring Season Special - Ends April 30 !!3BR,2BA$2.39
The Willows at Orchard RoadTwo Bedroom2BR,1BA$1.59
Avalon W SquaredBM06-Upgrade2BR,2BA$2.96
The Artisan at Lawrenceville1 Bedroom 1 Bathroom1BR,1BA$2.63
Princeton Lakeview ApartmentsOne Bedroom1BR,1BA$2.12
Kingston Terrace1 Bedroom1BR,1BA$2.91
Yorkshire Village Senior 55+1 Bedroom1BR,1BA$2.87

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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See the most popular apartments and homes in Princeton, NJ

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Frequently Asked Questions about Cheap Princeton Apartments

What is a cheap apartment in Princeton?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Princeton is under $2,467.

What is the price of a cheap apartment in Princeton?

The cheapest apartment in Princeton is Princeton Lakeview Apartments which is listed at $1,695, while the average apartment in Princeton costs $13,739.

What types of apartments are the cheapest in Princeton?

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 10 regular apartments in Princeton 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 Princeton?

Cheap apartments in Princeton have an average cost of $495 which is $13,244 cheaper than the average rent for all rentals in Princeton.

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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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.