246 N Harrison St
PrincetonNJ08540
Cheap Homes for Rent in the Downtown Princeton Neighborhood of Princeton, NJ from $1,000 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Princeton area of Princeton.
13 Charlton St
PrincetonNJ08540
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.
149 N Harrison St
PrincetonNJ08540
16 Linden Ln, Unit 2A
16 Linden Ln
PrincetonNJ08542
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.
Showing Results 1-4, Page 1 of 1
Downtown Princeton, Princeton, NJ Local Guide
How much does it cost to rent a home in Downtown Princeton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Princeton 2 Bedroom Homes for Rent | $4,800 | $3,800 | $5,800 |
| Downtown Princeton 3 Bedroom Homes for Rent | $4,804 | $3,375 | $7,250 |
| Downtown Princeton 4 Bedroom Homes for Rent | $6,570 | $4,800 | $10,000+ |
| Downtown Princeton 5 Bedroom Homes for Rent | $1,050 | $1,050 | $1,050 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Downtown Princeton Neighborhood of Princeton, NJ.
Explore Princeton
Downtown Princeton, Princeton, NJ Local Guide
- Nearby Princeton neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Best Value Apartments for Rent in Downtown Princeton, NJ
As of July 27, 2026 the best value apartment in the Downtown Princeton area is the $5.71 price per square foot Washington Model at 195 Nassau in the in the Princeton Lawrenceville neighborhood starting from $7,646. The second greatest value Downtown Princeton apartment is the 2x2 Den Model at The Alice starting at $5,345 with a $4.45 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 | $5.71 |
| The Alice | 2x2 Den | 2BR,2BA | $4.45 |
| 146 Nassau St | 2Bed/2Bath | 2BR,2BA | $3.23 |
| Avalon Princeton | A2-A2A-A2S-741-841 | 1BR,1BA | $3.48 |
| Avalon Princeton Circle | AM14 | 1BR,1BA | $3.86 |
| Avalon Princeton on Harrison | AM14b | 1BR,1BA | $4.02 |
| 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.
Read Article
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.
Read ArticleQuick Rent Budget Calculator
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.
Let everyone know!
Do you know the Downtown Princeton area?
If you’re an expert on all things Downtown Princeton, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 Downtown Princeton
What type of rentals are currently available in Downtown Princeton?
There are currently 48 Apartments for Rent in Downtown Princeton, NJ with pricing that ranges from $1,695 to $8,650. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Princeton ranging from $1,050 to $10,000.
What is the current price range for Rental Homes in Downtown Princeton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Princeton ranges from $1,050 to $10,000 with an average monthly rent of $4,034.
How much are larger Three and Four Bedroom Rentals in Downtown Princeton?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Princeton range from $4,150 to $8,650, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,375 to $7,250. Four Bedroom Single-Family rentals are also available starting from $4,800 and Four Bedroom Apartments start at $7,000.
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.