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Pennington, NJ Condos for Rent

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  • /16

    $2,550 Per Month

    • 2 Beds
    • 2 Baths
    • 1,156 Sq Ft
    • Condo for Rent

    2306 Prince Hall Dr, Pennington, NJ 08534

    Discover an exquisite living experience in the heart of Hopewell Parc, where modern elegance meets comfort in this stunning 2-bedroom, 2-bathroom unit. Built in 2026, this architectural gem showcases a contemporary unit/flat design that invites you to indulge in a lifestyle of luxury and convenience. Step inside to find an open floor plan that seamlessly blends the dining and living areas,

    Linda Zotti Coldwell Banker Residential Brokerage - Flemington

    2306 Prince Hall Dr, Pennington, NJ 08534
  • /39

    $2,950 Per Month

    • 2 Beds
    • 2 Baths
    • 1,300 Sq Ft
    • Condo for Rent

    161 Leona Stewart Ln, Pennington, NJ 08534

    2 Bed / 2 Bath New Construction Townhome – 1,300 Sq Ft**Collection at Hopewell | EV-Ready Garage | Top-Rated Schools**Welcome to this brand-new 2026 bi-level townhome in the highly desirable Collection at Hopewell community in Pennington, NJ. Offering approximately 1,300 sq ft of thoughtfully designed living space**, this 2-bedroom, 2-full-bath home combines modern comfort,

    Deepak Katta Realty Mark Central, LLC

    161 Leona Stewart Ln, Pennington, NJ 08534

Frequently Asked Questions

How much does it cost to rent a condo in Pennington, NJ?
The median rent for a condo in Pennington, NJ is $3,325 per month, though prices vary by neighborhood, size, and property type. As of September 2026, single-family homes tend to be the most affordable option while condos and townhouses are currently more expensive.
How much do you need to make to afford rent in Pennington, NJ?
To comfortably afford the median rent in Pennington, NJ, a household needs to earn roughly $139,960 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,499 per month in Pennington, NJ, renters typically need to show $10,497 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Pennington, NJ?
In Pennington, NJ, the price-to-rent ratio is 14.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Pennington, NJ are best for renting a condo?
The best neighborhood for renting in Pennington, NJ depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Ewingville, Downtown Trenton, Chambersburg, Berkeley Square & Parkside and Prospect, each with its own character and price range.

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$3,325
Median 2 Bedroom Condo Rent
$2,750
Median 3 Bedroom Condo Rent
$3,500
How to Rent a Home