Median Age
47 Years
Largest Age Group
50-59 Years
Approximately 14% of Residents
Under 20
24%
Over 65
24%
Pennington, NJ Area Guide
Avg Rent
$2,642
Population
2,762
Renter Mix
19% Rent
Charming small-town atmosphere just minutes from Trenton and Princeton.
Suburb
•
Commuter
•
Location
Pennington is a one-square-mile borough in Mercer County where the downtown has held the line against chain stores, keeping its block of indie shops and local eateries refreshingly intact. Sitting roughly halfway between Philadelphia and New York City, this small town puts both Princeton and Trenton within a 20-minute drive, making it a smart base for commuters who still want to come home to tree-lined streets and a genuine sense of place. Every May, Pennington Day fills the downtown district with neighbors, music, and local vendors — a street festival that’s become a beloved community tradition. The borough’s name itself carries history: once called Queenstown in honor of Queen Anne, it gradually evolved into Pennington by the mid-1700s.
Outdoor enthusiasts will find plenty to explore at the sprawling Rosedale Park and Mercer Meadow just outside town, where trails wind through open land ideal for hiking, biking, and horseback riding. The rental landscape here tends toward cozy townhomes and smaller apartment communities that reflect the borough’s intimate scale, with one- and two-bedroom floor plans being the most common options for renters looking to settle into this close-knit corner of central New Jersey.
Explore the City
Baldwin Lake is a great fishing spot in Pennington.
Paradox, found at the Pennington Library, was created by artist Andrew Wilkinson.
Kunkel Park hosts a basketball court, playground, and the Pennington Loop Nature Trail head.
The Penninging Loop Nature Trail starts at Kunkel Park and leads directly to Baldwin Lake.
The Pennington School was founded in 1838 and ranks among the best in the country.
Rows of historic homes line the quaint streets of Pennington.
Demographics
Median Household Income
$145,088
Average: $165,222
Education
1,604
Residents Have a Degree
Job Market
1,431
Workers Employed
Age Distribution
Get a sense of this area's population profile.
Housing Distribution
Pennington has more homeowners than renters.
Renters
19%
Non-Renters
81%
Education Distribution
Review this city's overall education levels.
Bachelor's or Higher
54%
Other Education
46%
Rent Trends
As of September 2026, the average apartment rent in Pennington, NJ is $2,642 for one bedroom, and $3,069 for two bedrooms. Apartment rent in Pennington has increased by 7.8% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$2,642/month
965 Sq Ft
Learn More About Pennington
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Pennington, NJ is for everyday living.
Somewhat Walkable
Walkability
30
/ 100
Minimal Public Transit
Transit
10
/ 100
Exceptionally Drivable
Drivability
100
/ 100
Moderately Bikeable
Bikeability
60
/ 100
Scores provided by
Schools
Public
Grades PK-5
395 Students
Toll Gate/Grammar Elementary School
Public
Grades PK-5
299 Students
Public
Grades 6-8
803 Students
Mercer County Technical School Stem Academy
Public
Grades 9-12
119 Students
Public
Grades 9-12
1,068 Students
Mercer County Technical School Culinary Arts Academy
Public
Grades 9-12
111 Students
MCTS Sypek Center Vocational School
Public
Grades 9-12
21 Students
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Parks and Recreation
- Watershed Center & Reserve
- Stony Brook Millstone Watershed Association
- Terhune Orchards
- Washington Crossing State Park
- Simpson Observatory
Transit / Subway
Commuter Rail
Airports
- Trenton Mercer
Top Apartments in Pennington
Houses for Rent in Pennington
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Nearby City Rentals
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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 September 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.