Apartments in 08540

1 - 8 of 8 Results
43
$2,845 - 7,770
Deal
5.0
100 Albert Way Princeton, NJ
Studio - 3 BR | Available Now
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Luxury
Townhome
Dishwasher
32
$2,344 - 4,200
100 Thanet Circle Princeton, NJ
Studio - 3 BR | Available Now
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49
$2,369
3450 Brunswick Pike Princeton, NJ
Studio | Available Now
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Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
5
$3,125 - 3,911
1900 Barclay Blvd Princeton, NJ
2 BR | Jun. 5, 2024
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Balcony/Deck/Patio
Storage
Disability Access
5
$2,300 - 2,650
101 Blue Spring Rd Princeton, NJ
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
11
$2,300
Princeton, NJ
2 BR | Jul. 1, 2024
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Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Storage
$6,950
Princeton, NJ
4 BR | Jun. 1, 2024
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Dog Friendly
House
Storage
Dishwasher
$1,299
Princeton, NJ
1 BR | Available Now
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Dog Friendly
Cat Friendly
1 - 8 of 8 Results
  1. Home
  2. Trenton, NJ Area Apartments
  3. Princeton
  4. 08540

How much does it cost to rent an apartment in 08540?

08540 apartments
Bed Type Average Rent Range
Studio $2,850 $2,340 - $3,170
1BR $2,890 $1,600 - $3,570
2BR $3,520 $2,620 - $5,050
3BR $6,020 $4,000 - $7,770
Find an Apartment in 08540
Looking for apartments near 08540 in Princeton, NJ? Rentable currently has 54 units available for rent in this area. The average rent for these apartments is $3,360, and the most affordable option starts at $1,599 for a 1-bedroom unit.

Princeton, NJ is a vibrant and desirable location to call home. With its prestigious university and beautiful surroundings, it offers a unique and enriching experience. Whether you're a student, a professional, or a family looking for a place to settle down, the 08540 zip code has a range of apartments to suit your needs.

Living in the 08540 area provides convenient access to all that Princeton has to offer. From the renowned university to charming downtown areas, you'll find plenty of amenities, restaurants, and shops nearby. This location also offers easy access to transportation options and major highways, making it ideal for commuters.

If you're looking for apartments for rent in 08540 Princeton, NJ, explore Rentable's listings to find your perfect match. Discover the comfort and convenience of living in this desirable area today.

Princeton:
May Rent Report

Welcome to the May 2024 Princeton Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Princeton rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Princeton and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Princeton average rent prices in the chart below.

Monthly Rent Report

$4,150
$3,110
$2,080
$1,040
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Princeton Rent Prices Decrease From April to May

Princeton rent prices decreased over the last month. From April to May, the city experienced a -4.71% decrease for the price of a one-bedroom apartment. The rent price for a Princeton one-bedroom apartments currently stands at $2,450.0.

When we take a look at the two-bedroom comparison from April to May, Princeton experienced a -3.22% decrease for the price of a two-bedroom apartment. The rent price for a Princeton two-bedroom apartments currently stands at $3,310.0.

May Prices: Princeton vs. Surrounding Areas

Rent Prices in Princeton and Surrounding Areas

Rent prices have decreased in Princeton over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Princeton suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Princeton suburbs

  • Rents did not decrease in any of the Princeton suburbs.

May 2024 Pricing Trends: Princeton vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Princeton Rent Prices More Affordable Than Major Cities

Rent growth in Princeton over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Princeton average rent prices appear to be relatively affordable for local residents.

The price for a Princeton one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Princeton and surrounding area rent prices, take a look at the complete data set below.

Data set for Princeton and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.