246 N Harrison St
PrincetonNJ08540
Cheap Homes for Rent in Downtown Princeton Neighborhood of Princeton, NJ from $1,000 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Princeton area of Princeton.
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.
13 Charlton St
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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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 | $3,925 | $3,650 | $4,200 |
| Downtown Princeton 3 Bedroom Homes for Rent | $4,883 | $3,900 | $6,750 |
| Downtown Princeton 4 Bedroom Homes for Rent | $6,100 | $4,800 | $7,800 |
| 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 2 rentals with your search options within a 2 mile radius of the Downtown Princeton Neighborhood of Princeton, NJ.
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Best Value Apartments for Rent in Downtown Princeton, NJ
As of June 12, 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 |
| 146 Nassau St | 2Bed/2Bath | 2BR,2BA | $3.31 |
| Princeton Lakeview Apartments | One Bedroom | 1BR,1BA | $2.12 |
| 172 Nassau St | Studio | Studio ,1BA | $8.67 |
Frequently Asked Questions about Downtown Princeton
What type of rentals are currently available in Downtown Princeton?
There are currently 47 Apartments for Rent in Downtown Princeton, NJ with pricing that ranges from $1,695 to $10,650. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Princeton ranging from $1,050 to $7,800.
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 $7,800 with an average monthly rent of $3,781.
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 $5,000 to $10,650, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,900 to $6,750. 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
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.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
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.