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Rental Market Trends in Cranbury, NJ

What is the average rent in Cranbury, NJ?

$1,326/month

Average Rent

750 Sq Ft

Average Apartment Size

+4.7%

Increase in the Last Year

As of August 2025, the average rent in Cranbury, NJ is $1,326 per month. This is 19% lower than the national average rent of $1,637/month, making renting in Cranbury more affordable than most cities in the US. When you rent an apartment in Cranbury, you can expect to pay about per month for a studio, $1,326 for a one-bedroom apartment, and around $1,652 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,684 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,326/month
750 Sq Ft
Two Bedroom
$1,652/month
1,040 Sq Ft
Three Bedroom
$1,684/month
1,325 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,916/month
568 Sq Ft
Two Bedroom
$2,397/month
678 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$4,140/month
1,478 Sq Ft

How much has average rent changed in Cranbury, NJ?

In the past year, rent has increased by 4.7%, which averages out to $63 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated August 2025
Legend
2024 2025
Market Trends Over Time

What salary do I need to live comfortably in Cranbury, NJ?

Because the average rent in Cranbury is $1,326, you’ll want to make about $4,420 per month or $53,040 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Cranbury, NJ

258 Available Apartments for Rent

Search for Nearby Apartments

How does Cranbury, NJ compare to other nearby cities and neighborhoods?

Use the tool below to compare Cranbury, NJ to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Nearby City Rent Trends

  • Hightstown Average Rent
  • Dayton Average Rent
  • Monroe Township Average Rent

Apartment communities in Cranbury we think you'll love

Hunters Glen

Hunters Glen

1000 Hunters Glen Dr,
Plainsboro, NJ 08536

1-2 Beds | $1,740 - $2,650

The Crest at Princeton Meadows

The Crest at Princeton Meadows

3217 Ravenscrest Dr,
Plainsboro, NJ 08536

1-2 Beds | $1,807 - $4,066

Deer Creek

Deer Creek

305 Deer Creek Dr,
Plainsboro, NJ 08536

1-2 Beds | $1,999 - $3,045

Addison at Princeton Meadows

Addison at Princeton Meadows

2821 Pheasant Hollow Dr,
Plainsboro, NJ 08536

Studio - 2 Beds | $2,014 - $2,876

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United States New Jersey Cranbury Rental Trends

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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity