Pennington, NJ rental market
Last updated August 11, 2025
Rental market summary
The average rent for all bedrooms and all property types in Pennington, NJ is $3,375.
$3,375
+$364
-$225
23
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,402 to $4,000.
| Rent price | Number of rental properties |
|---|---|
| $1,500 | 1 |
| $2,000 | 2 |
| $2,100 | 1 |
| $2,400 | 1 |
| $2,500 | 1 |
| $2,600 | 2 |
| $2,700 | 1 |
| $2,800 | 2 |
| $2,900 | 2 |
| $3,100 | 1 |
| $3,200 | 2 |
| $3,300 | 4 |
| $3,400 | 3 |
| $3,500 | 3 |
| $3,600 | 4 |
| $3,700 | 3 |
| $3,800 | 2 |
| $3,900 | 2 |
| $4,000+ | 1 |
Average rent price over time
In the last year, rent has decreased by $225 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $3,054 | $3,200 |
| Feb | $3,500 | $2,900 |
| Mar | $3,400 | $3,500 |
| Apr | $2,911 | $3,400 |
| May | $2,639 | $2,400 |
| Jun | $3,039 | $2,800 |
| Jul | $3,900 | $3,000 |
| Aug | $3,500 | $3,100 |
| Sep | $3,500 | No data |
| Oct | $3,850 | No data |
| Nov | $3,063 | No data |
| Dec | $3,600 | No data |
Market temperature
The Pennington, NJ rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Pennington, NJ is 61% higher than the national average.
$3,375
$2,100
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Frequently asked questions
1. What is the average rent in Pennington, NJ?
The average rent in Pennington, NJ is $3,375.
2. How much does it cost to rent a house in Pennington, NJ?
Houses in Pennington, NJ rent between $1,402 - $4,000 with an average rent of $3,375.
3. How has the rent in Pennington, NJ changed in the last year?
In the last year, the rent in Pennington, NJ decreased by $225
4. How much has the rent in Pennington, NJ increased/decreased in the last month?
In the last month, the rent in Pennington, NJ increased by $364
5. How many available rentals are there in Pennington, NJ?
There are currently 23 rentals available in Pennington, NJ.
6. How do rent prices in Pennington, NJ compare with the national average?
The average rent in Pennington, NJ is $3,375 — 60.71% higher the national average of $2,100.