195 Nassau
195 Nassau St,
Princeton, NJ 08542
$4,300 - $10,500 Total Monthly Price
Studio - 3 Beds | 12 Month Lease
Downtown Princeton
Princeton, NJ
Downtown Princeton - Princeton, NJ Area Guide
A historic shopping district nearing Princeton University
Upscale
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University
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Restaurants
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Shops
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Historic
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Ever dreamed of living amidst the beautiful and historic Princeton University? Even if you haven’t, Downtown Princeton, New Jersey is a hidden gem that you’ll surely adore. On the opposite side of Nassau Street from the neighborhood’s commercial district, known as Palmer Square, you’ll discover Princeton University’s stunning campus, filled with lush lawns, towering trees, and historic architecture.
Palmer Square contains the best boutique shops and local eateries in town! Dine with farm-to-table fare at Agricola Eatery on Witherspoon Street, or find your favorite album at Princeton Record Exchange on South Tulane Street. There’s a wonderful variation of shops and restaurants to choose from in Downtown Princeton, offering a cultural diversity that’s appreciated throughout the community.
From luxurious to historic, Downtown offers numerous apartments and townhomes for rent around its safe residential streets. Though there are plenty of shopping, dining, and entertainment options, Downtown Princeton is unique in its peaceful atmosphere and suburban lifestyle. This upscale neighborhood houses historic structures such as Nassau Hall and Princeton University Art Museum, both situated on the University’s historic campus.
Rent Trends
As of April 2026, the average apartment rent in Downtown Princeton is $2,383 for a studio, $3,573 for one bedroom, $4,752 for two bedrooms, and $5,714 for three bedrooms. Apartment rent in Downtown Princeton has increased by 2.3% in the past year.
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Studio
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539 sq ft
Average Sq Ft
-
$2,383/month
Average Rent
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1 BR
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1,178 sq ft
Average Sq Ft
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$3,573/month
Average Rent
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2 BR
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1,240 sq ft
Average Sq Ft
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$4,752/month
Average Rent
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3 BR
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1,939 sq ft
Average Sq Ft
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$5,714/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Downtown Princeton - Princeton, NJ is for everyday living.
Moderately Walkable
Walkability
70
/ 100
Limited Public Transit
Transit
30
/ 100
Exceptionally Drivable
Drivability
90
/ 100
Very Bikeable
Bikeability
80
/ 100
Daily Essentials
In Downtown Princeton - Princeton, NJ, daily errands are quick and hassle-free.
Supermarket Within a 5 Minute Walk
Groceries
100
/ 100
Good Restaurant Variety Nearby
Restaurants
70
/ 100
Good Café Variety Nearby
Cafes
60
/ 100
Good Variety of Shops Nearby
Shopping
70
/ 100
Recreation
Downtown Princeton - Princeton, NJ provides green space and wellness resources in certain areas.
Very Large Amount of Park Space Nearby
Parks
80
/ 100
Fair Wellness Amenity Variety Nearby
Wellness
50
/ 100
Local Vibe
Get a sense of what it’s like to live in Downtown Princeton - Princeton, NJ from everyday activity to noise and nightlife.
Vibrant Atmosphere at Times
Vibrancy
40
/ 100
Fair Nightlife Variety Nearby
Nightlife
40
/ 100
Extremely Noisy
Quiet Score
10
/ 100
Scores provided by
Points of Interest
Shopping Centers
Parks and Recreation
- Morven Museum & Garden
- Marquand Park
- Princeton Battlefield State Park
- Mapleton Preserve
- Terhune Orchards
Military Bases
Airports
- Trenton Mercer
Top Apartments in Downtown Princeton
Houses for Rent in Downtown Princeton
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.