
Cheap Homes for Rent in Pennington Prospect Neighborhood of Trenton, NJ from $700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Pennington Prospect area of Trenton.


217 Hamilton Ave, Unit 3

1419 Princeton Ave

250 Morris Ave

457 W State St, Unit 2A
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.

256 Hills Pl

63 Spring St

255 Mercer St

3 S Olden Ave, Unit 5

705 Anderson St
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.
Pennington Prospect, Trenton, NJ Local Guide

How much does it cost to rent a home in Pennington Prospect?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pennington Prospect 2 Bedroom Homes for Rent | $1,956 | $1,600 | $2,400 |
| Pennington Prospect 3 Bedroom Homes for Rent | $2,244 | $1,700 | $3,500 |
| Pennington Prospect 4 Bedroom Homes for Rent | $2,505 | $2,000 | $3,850 |
| Pennington Prospect 5 Bedroom Homes for Rent | $2,466 | $2,200 | $2,900 |
| Pennington Prospect 6 Bedroom Homes for Rent | $3,347 | $2,700 | $3,995 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Pennington Prospect Neighborhood of Trenton, NJ.
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Pennington Prospect, Trenton, NJ Local Guide
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Cheapest Available Pennington Prospect Apartments for Rent
 The cheapest available apartment rental in the Pennington Prospect area of Trenton, NJ is a 1 Bed unit found at Luther Towers priced from $1,250. Americana Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,390. Here are the most affordable Pennington Prospect apartments for rent in Trenton, NJ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Luther Towers | Studio | 1BR,1BA | $1,250 |
| Americana Apartments | 1 Bedroom | 1BR,1BA | $1,390 |
| Morrisville Meadows | 1 Bed / 1 Bath - TA | 1BR,1BA | $1,400 |
Best Value Apartments for Rent in Pennington Prospect, NJ
As of June 23, 2026 the best value apartment in the Pennington Prospect area is the $1.19 price per square foot 1 BR w/Basement 1,650 sq.ft. Model at Parkside Court in the in the East Trenton neighborhood starting from $1,970. The second greatest value Pennington Prospect apartment is the 3 Br 1.5 Bath Model at Rush Crossing starting at $1,791 with a $1.19 price per square foot in the Mill Hill neighborhood. Here is today’s list of the best values for Pennington Prospect apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Parkside Court | 1 BR w/Basement 1,650 sq.ft. | 1BR,1BA | $1.19 |
| Rush Crossing | 3 Br 1.5 Bath | 3BR,1.5BA | $1.19 |
| Roebling Lofts | 2BR/2.0BA | 2BR,2BA | $2.04 |
| Trenton Watch Factory | 1BR/1.0BA | 1BR,1BA | $1.32 |
| Lafayette House | 1+D/1.5B | 1BR,1.5BA | $1.40 |
| Highgate Apartments | 2BR 1 BATH | 2BR,1BA | $1.90 |
| Canal House Apartments | 1 Bedroom | 1BR,1BA | $1.82 |
| Carlton Apartments | 1 Bedroom | 1BR,1BA | $2.11 |
| Colonial Gardens Trenton Proud LLC | 1BR GROUND FLOOR | 1BR,1BA | $1.77 |
| Morrisville Meadows | 2 Bed / 1 Bath - TA | 2BR,1BA | $2.06 |
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 ArticleReal 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.
Pet Friendly LifestylePennington Prospect, Trenton, NJ
Ranked #8
Among cities in New Jersey for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Pennington Prospect
What type of rentals are currently available in Pennington Prospect?
There are currently 216 Apartments for Rent in Pennington Prospect, NJ with pricing that ranges from $790 to $3,875. There are also 66 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pennington Prospect ranging from $750 to $3,995.
What is the current price range for Rental Homes in Pennington Prospect?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Pennington Prospect ranges from $750 to $3,995 with an average monthly rent of $2,307.
How much are larger Three and Four Bedroom Rentals in Pennington Prospect?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Pennington Prospect range from $1,791 to $2,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $2,006.
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

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.

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.