Cheap Apartments for Rent in the Downtown Princeton Neighborhood of Princeton, NJ from $1,100 (7 Rentals)

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

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.

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
  • Utilities Included

Downtown Princeton, Princeton, NJ Local Guide

Cheapest Available Downtown Princeton Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Princeton Lakeview ApartmentsStudioStudio,1BA$1,395
The Alice1x11BR,1BA$3,195

Best Value Apartments for Rent in Downtown Princeton, NJ

As of October 10, 2025 the best value apartment in the Downtown Princeton area is the $2.65 price per square foot B9-B9S-1244-1249 Model at Avalon Princeton in the in the Princeton Lawrenceville neighborhood starting from $3,311. The second greatest value Downtown Princeton apartment is the Two Bedroom/Two Bath Model at Princeton Lakeview Apartments starting at $2,495 with a $2.17 price per square foot in the Cranbury Brook - The Highlands neighborhood. Here is today’s list of the best values for Downtown Princeton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Avalon PrincetonB9-B9S-1244-12492BR,2BA$2.65
Princeton Lakeview ApartmentsTwo Bedroom/Two Bath2BR,2BA$2.17
Avalon Princeton on HarrisonAM14-ALT-A1BR,1BA$3.91
Avalon Princeton CircleAM141BR,1BA$3.35
The Alice1x11BR,1BA$4.74

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Pet Friendly Lifestyle
Downtown Princeton, Princeton, NJ

Ranked #2

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Getting Around the Downtown Princeton Neighborhood in Princeton, NJ

Walk Score®

91 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

88 / 100

Very Bikeable

Biking is convenient for most trips

Frequently Asked Questions about Cheap Downtown Princeton Apartments

What is the Cheapest Studio apartment in Downtown Princeton?

Currently the most affordable Cheap Studio Apartment in Downtown Princeton is at Princeton Lakeview Apartments listed at $1,395.

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

The lowest price for a Cheap One Bedroom Downtown Princeton Apartment is $1,655 at Princeton Lakeview Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Princeton is starting from $2,495 at Princeton Lakeview Apartments.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.