246 N Harrison St
PrincetonNJ08540
Cheap Apartments for Rent in the Downtown Princeton Neighborhood of Princeton, NJ from $1,100 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Princeton area of Princeton.
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$1,6951 Bedroom Apartments Contact Us For Availability
Princeton Lakeview Apartments
103 Lakeview TerPrinceton, NJ 08540
35 Linden Ln
PrincetonNJ08540
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$2,400
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$2,400
Total Monthly Price
$2,400
277 Snowden Ln, Unit 1
277 Snowden LnPrinceton, NJ 08540
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$2,450 - $3,600Studio to 1 Bedroom Apartments Available Now
172 Nassau St
172 Nassau StPrinceton, NJ 08544
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$2,468 - $5,9101 to 3 Bedroom Apartments Available Now
Avalon Princeton Circle
100 Thanet CirPrinceton, NJ 08540
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.
101 Claridge Ct
PrincetonNJ08540
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$2,722 - $4,7751 to 3 Bedroom Apartments Available Now
Avalon Princeton
100 Albert WayPrinceton, NJ 08540
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$2,825 - $4,560Studio to 2 Bedroom Apartments Available Now
Avalon Princeton on Harrison
275 N Harrison StPrinceton, NJ 08540
357 Nassau St
PrincetonNJ08540
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$3,290 - $5,9701 to 2 Bedroom Apartments Available Now
The Alice
365 Terhune RdPrinceton, NJ 08540
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$3,300
Total Monthly Price
2 Bedroom Apartment Available Aug 16Total Monthly Price
Base Rent
$3,300
Total Monthly Price
$3,300
14 Spring St, Unit 2F
14 Spring StPrinceton, NJ 08542
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.
149 N Harrison St
PrincetonNJ08540
16 Linden Ln
PrincetonNJ08540
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Rent Specials
$3,750 - $4,4502 to 3 Bedroom Apartments Available Now
146 Nassau St
146 Nassau StPrinceton, NJ 08542
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1 to 2 Bedroom Apartments
Princeton Senior Living
500 Thanet CirPrinceton, NJ 08540
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Studio to 1 Bedroom Apartments
41 Spring St
41 Spring StPrinceton, NJ 08542
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Studio to 2 Bedroom Apartments
276 Nassau
293 Franklin AvePrinceton, NJ 08540
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.
321 Franklin Ave
PrincetonNJ08540
156 Mercer St
PrincetonNJ08540
Showing Results 1-20, Page 1 of 1
Downtown Princeton, Princeton, NJ Local Guide
How much does it cost to rent an apartment in Downtown Princeton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Princeton Studio Apartments | $2,583 | $2,245 | $3,040 |
| Downtown Princeton 1 Bedroom Apartments | $3,509 | $1,695 | $7,740 |
| Downtown Princeton 2 Bedroom Apartments | $5,026 | $2,600 | $7,950 |
| Downtown Princeton 3 Bedroom Apartments | $6,426 | $4,150 | $10,000+ |
| Downtown Princeton 4 Bedroom Apartments | $7,000 | $7,000 | $7,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Downtown Princeton Neighborhood of Princeton, NJ.
See all Apartments in PrincetonExplore Princeton
Downtown Princeton, Princeton, NJ Local Guide
- Nearby Princeton neighborhoods
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Cheapest Available Downtown Princeton Apartments for Rent
The cheapest available apartment rental in the Downtown Princeton area of Princeton, NJ is a Studio unit found at 172 Nassau St priced from $2,600. The Alice has the second lowest priced unit, which is a 1 Bed apartment currently listed from $3,290. Here are the most affordable Downtown Princeton apartments for rent in Princeton, NJ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 172 Nassau St | Studio | Studio,1BA | $2,600 |
| The Alice | 1x1 | 1BR,1BA | $3,290 |
| 146 Nassau St | 2Bed/2Bath | 2BR,2BA | $3,750 |
| 195 Nassau | Madison | 1BR,1BA | $4,446 |
Best Value Apartments for Rent in Downtown Princeton, NJ
As of July 21, 2026 the best value apartment in the Downtown Princeton area is the $7.13 price per square foot Washington Model at 195 Nassau in the in the Princeton Lawrenceville neighborhood starting from $9,546. The second greatest value Downtown Princeton apartment is the 2Bed/2Bath Model at 146 Nassau St starting at $3,750 with a $3.23 price per square foot in the Princeton Lawrenceville neighborhood. Here is today’s list of the best values for Downtown Princeton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 195 Nassau | Washington | 3BR,2BA | $7.13 |
| 146 Nassau St | 2Bed/2Bath | 2BR,2BA | $3.23 |
| Avalon Princeton | A1-A1S-716-798 | 1BR,1BA | $3.50 |
| Avalon Princeton Circle | AM14 | 1BR,1BA | $3.76 |
| Avalon Princeton on Harrison | AM14b | 1BR,1BA | $4.20 |
| The Alice | 1x1 | 1BR,1BA | $4.88 |
| 277 Snowden Ln, Unit 1 | 277 Snowden Ln | 1BR,1BA | $4.29 |
| 172 Nassau St | Studio | Studio ,1BA | $8.67 |
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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Pet Friendly LifestyleDowntown Princeton, Princeton, NJ
Ranked #2
Among cities in New Jersey for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Downtown Princeton Apartments
What is the price of a cheap apartment in Downtown Princeton?
The cheapest apartment in Downtown Princeton is Avalon Princeton Circle which is listed at $2,468, while the average apartment in Downtown Princeton costs $7,000.
What types of apartments are the cheapest in Downtown 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 12 regular apartments in Downtown 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 Downtown Princeton?
Cheap apartments in Downtown Princeton have an average cost of $753 which is $6,247 cheaper than the average rent for all rentals in Downtown 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
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.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.