Cheap Homes for Rent in Princeton, NJ from $2,200 (12 Rentals)

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Search the lowest-cost Homes available for rent right now in Princeton.

property at 3123 Sayre Dr
$2,350
2 Bedroom Rentals
Available Now

3123 Sayre Dr

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.

property at 109 N Barrow Pl
$3,000

Total Monthly Price

Base Rent$3,000

Total Monthly Price$3,000
2 Bedroom, 2.5 Bath Townhome for Rent
Available Now

109 N Barrow Pl

PrincetonNJ08540
property at 32B Foxboro Ct
$3,150

Total Monthly Price

Base Rent$3,150

Total Monthly Price$3,150
2 Bedroom, 2.5 Bath Townhome for Rent
Available Now

32B Foxboro Ct

PrincetonNJ08540

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.

Princeton, NJ Local Guide

Cheapest Neighborhoods for Apartments in Princeton, NJ

Pricing Updated: 09/11/2026

Current apartment rentals in the Princeton, NJ area range in price from $790 to $9,650 with an overall median price of $2,754. Here is today’s list neighborhoods with the lowest median pricing for Princeton Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Princeton Manor$2,612$1,85018
Princeton Lawrenceville$2,676$790290
Downtown Princeton$3,475$1,69535

Cheapest Available Princeton Apartments for Rent

 

The cheapest available apartment rental in Princeton, NJ is a 1 Bed unit found at The Landing at Skillman Place priced from $863. Yorkshire Village Senior 55+ in the Princeton Lawrenceville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,925. Here is today’s list of the most affordable Princeton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Landing at Skillman Place1 BR (30% AMI)1BR,1BA$863
Yorkshire Village Senior 55+1 Bedroom1BR,1BA$1,925
Kingston Terrace1 Bedroom1BR,1BA$1,929
86 Spruce Street, Princeton1BR/1.0BA1BR,1BA$2,000
The Artisan at Lawrenceville1 Bedroom 1 Bathroom1BR,1BA$2,028

Best Value Apartments for Rent in Princeton, NJ

As of September 11, 2026 the best value apartment in the Princeton area is the $2.03 price per square foot Canary Model at Princeton Terrace At West Windsor in the in the Princeton Lawrenceville neighborhood starting from $3,395. The second greatest value Princeton apartment is the 3 Bedroom Model at Yorkshire Meadows starting at $3,450 with a $2.14 price per square foot in the Princeton Lawrenceville neighborhood. Here is today’s list of the best values for Princeton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Princeton Terrace At West WindsorCanary2BR,2.5BA$2.03
Yorkshire Meadows3 Bedroom3BR,2.5BA$2.14
Barclay Square at Princeton ForrestalDevon II (Upgraded Appliances Lighting)2BR,2.5BA$2.67
The Somerset at MontgomeryD2BR,2BA$2.60
Princeton GardensRenovated 2 Bed 1.5 & Bath w/ W/D2BR,1.5BA$2.41
Avalon W SquaredA22-L-UpgradeStudio ,2BA$2.66
The Artisan at Lawrenceville1 Bedroom 1 Bathroom1BR,1BA$2.37
The Mercer at Lawrence StationWindsor1BR,1BA$2.89
Kingston Terrace1 Bedroom1BR,1BA$2.84
The Landing at Skillman Place1 BR (58% AMI)1BR,1BA$2.57

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Princeton

What type of rentals are currently available in Princeton?

There are currently 90 Apartments for Rent in Princeton, NJ with pricing that ranges from $575 to $17,268. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Princeton ranging from $2,200 to $8,500.

What is the current price range for Rental Homes in Princeton?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Princeton ranges from $2,200 to $8,500 with an average monthly rent of $4,276.

How much are larger Three and Four Bedroom Rentals in Princeton?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Princeton range from $2,848 to $8,650, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,950 to $6,250. Four Bedroom Single-Family rentals are also available starting from $4,300 and Four Bedroom Apartments start at $9,650.

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

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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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.