Median Age
39 Years
Largest Age Group
20-29 Years
Approximately 16% of Residents
Under 20
23%
Over 65
19%
Princeton
Princeton, NJ Area Guide
Avg Rent
$2,755
Population
28,012
Renter Mix
42% Rent
Ivy-League elegance in central New Jersey
College
•
Amtrak
•
Schools
•
Public Transportation
•
Princeton, New Jersey combines historic architecture with small-town charm, all centered around its namesake Ivy League university. The campus's Gothic buildings and tree-lined pathways create a distinctive backdrop for the community. Current rental trends show steady growth, with one-bedroom apartments averaging $2,701 and two-bedroom units at $3,416, reflecting increases of 1.73% and 1.57% respectively over the past year.
Housing options range from historic properties near Nassau Street to contemporary apartment communities throughout the area. Downtown's Palmer Square features independent shops and local eateries, while the Princeton Shopping Center offers everyday conveniences. The Delaware and Raritan Canal State Park provides miles of trails for outdoor recreation, and Carnegie Lake welcomes rowing enthusiasts. The McCarter Theatre Center hosts theatrical productions and concerts throughout the year. History buffs can explore Morven Museum and Garden, a National Historic Landmark, and Princeton Battlefield State Park, site of a significant Revolutionary War battle. Located halfway between New York City and Philadelphia, Princeton offers convenient transit options, including the Princeton Shuttle (locally known as the "Dinky") connecting to NJ Transit's Northeast Corridor line.
Explore the City
The Residences at Palmer Square in Downtown Princeton NJ
Tree lined streets are sprawled throughout Downtown Princeton NJ
Tree lined streets are sprawled throughout Downtown Princeton NJ
The shops at Palmer Square offer many restaurants
The shops at Palmer Square offer many restaurants
Students can be seen going in and out of Princeton University.
Demographics
Median Household Income
$163,678
Average: $184,821
Education
17,106
Residents Have a Degree
Job Market
14,478
Workers Employed
Age Distribution
Get a sense of this area's population profile.
Housing Distribution
Princeton has more homeowners than renters.
Renters
42%
Non-Renters
58%
Education Distribution
Review this city's overall education levels.
Bachelor's or Higher
59%
Other Education
41%
Rent Trends
As of April 2026, the average apartment rent in Princeton, NJ is $2,101 for a studio, $2,754 for one bedroom, $3,533 for two bedrooms, and $3,957 for three bedrooms. Apartment rent in Princeton has increased by 3.1% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$2,754/month
701 Sq Ft
House
$6,524/month
1,983 Sq Ft
Condo
$2,814/month
784 Sq Ft
Townhome
$3,760/month
579 Sq Ft
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Princeton, NJ is for everyday living.
Fairly Walkable
Walkability
50
/ 100
Limited Public Transit
Transit
30
/ 100
Very Drivable
Drivability
80
/ 100
Moderately Bikeable
Bikeability
60
/ 100
Scores provided by
Schools
Public
Grades PK-5
387 Students
Public
Grades K-8
424 Students
Public
Grades PK-5
293 Students
Community Park Elementary School
Public
Grades PK-5
286 Students
Public
Grades PK-5
409 Students
Public
Grades 6-8
816 Students
Public
Grades K-8
424 Students
Public
Grades 9-12
1,532 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
Shopping Centers
Parks and Recreation
- Morven Museum & Garden
- Marquand Park
- Princeton Battlefield State Park
- Terhune Orchards
- Mapleton Preserve
Airports
- Trenton Mercer
Top Apartments in Princeton
Houses for Rent in Princeton
Property Management Companies in Princeton, NJ
Greystar
-
3,486
Communities
-
959,251
Units
-
891
Cities
2 Communities in Princeton
Atlantic Realty Development Corp.
-
52
Communities
-
15,474
Units
-
29
Cities
2 Communities in Princeton
AvalonBay
-
208
Communities
-
74,042
Units
-
142
Cities
1 Community in Princeton
Winn Companies
-
157
Communities
-
27,182
Units
-
112
Cities
1 Community in Princeton
Cammeby's
-
75
Communities
-
20,184
Units
-
52
Cities
1 Community in Princeton
Garden Communities
-
68
Communities
-
20,227
Units
-
42
Cities
1 Community in Princeton
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.