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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$1,400
Total Monthly Price
1 Bedroom Apartment Available Aug 15Total Monthly Price
Base Rent
$1,400
Total Monthly Price
$1,400
215 Birch Ave, Unit 1F
215 Birch AvePrinceton, NJ 08542
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$1,6951 Bedroom Apartments Available Now
Princeton Lakeview Apartments
103 Lakeview TerPrinceton, NJ 08540
9 Palmer Square W
PrincetonNJ08540
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$2,400
Total Monthly Price
1 Bedroom Apartment Available Jul 1Total 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
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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Rent Specials
$2,570 - $4,095Studio to 2 Bedroom Apartments Available Now
Avalon Princeton on Harrison
275 N Harrison StPrinceton, NJ 08540
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Rent Specials
$2,583 - $5,400Studio to 3 Bedroom Apartments Available Now
Avalon Princeton
100 Albert WayPrinceton, NJ 08540
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$2,795 - $5,9251 to 3 Bedroom Apartments Available Now
Avalon Princeton Circle
100 Thanet CirPrinceton, NJ 08540
10 Bayard Ln
PrincetonNJ08540
357 Nassau St
PrincetonNJ08540
35 Linden Ln
PrincetonNJ08542
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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Rent Specials
$3,195 - $6,4751 to 2 Bedroom Apartments Available Now
The Alice
365 Terhune RdPrinceton, NJ 08540
203-205-205 Nassau St
PrincetonNJ08542
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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
13 Charlton St
PrincetonNJ08540
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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2 Bedroom Apartments
146 Nassau St
146 Nassau StPrinceton, NJ 08542
44 Markham Rd
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 | $2,590 | $2,000 | $2,845 |
| Downtown Princeton 1 Bedroom Apartments | $3,339 | $1,400 | $6,850 |
| Downtown Princeton 2 Bedroom Apartments | $5,584 | $3,100 | $8,150 |
| Downtown Princeton 3 Bedroom Apartments | $7,052 | $4,815 | $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.
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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 1 Bed unit found at Princeton Lakeview Apartments priced from $1,695. 172 Nassau St has the second lowest priced unit, which is a Studio apartment currently listed from $2,600. Here are the most affordable Downtown Princeton apartments for rent in Princeton, NJ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Princeton Lakeview Apartments | One Bedroom | 1BR,1BA | $1,695 |
| 172 Nassau St | Studio | Studio,1BA | $2,600 |
| The Alice | 1X1 Den | 1BR,1BA | $3,595 |
| 195 Nassau | Madison | 1BR,1BA | $4,746 |
Best Value Apartments for Rent in Downtown Princeton, NJ
As of June 02, 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 2x2 Corner Model at The Alice starting at $5,795 with a $4.83 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 |
| The Alice | 2x2 Corner | 2BR,2BA | $4.83 |
| Avalon Princeton | A6D-968 | 1BR,1BA | $4.22 |
| Princeton Lakeview Apartments | One Bedroom | 1BR,1BA | $2.12 |
| Avalon Princeton on Harrison | AM14 | 1BR,1BA | $3.93 |
| Avalon Princeton Circle | A2-002-131 | 1BR,1BA | $3.78 |
| 172 Nassau St | Studio | Studio ,1BA | $8.67 |
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 Princeton Lakeview Apartments which is listed at $1,695, 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 6 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 $707 which is $6,293 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
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
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.
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.