5

Pennington, NJ Condos for Rent

Section Image
  • 16 N Main St, Pennington, NJ 08534
    16 N Main St, Pennington, NJ 08534
    16 N Main St, Pennington, NJ 08534
    /6

    $2,250

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • Condo for Rent

    16 N Main St, Pennington, NJ 08534

    Sitting in the heart of historic downtown Pennington, this beautiful, fully renovated 2 bedroom, 1 bath apartment offers 1000 square feet of bright, modern living space.The brand-new kitchen is the centerpiece - stunning custom cabinetry, granite countertops, and all-new stainless steel appliances including refrigerator, gas range, dishwasher, and built-in microwave. Whether you love to cook

    16 N Main St, Pennington, NJ 08534
  • 2307 Prince Hall Dr, Pennington, NJ 08534
    2307 Prince Hall Dr, Pennington, NJ 08534
    2307 Prince Hall Dr, Pennington, NJ 08534
    /57

    $2,550 Per Month

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

    2307 Prince Hall Dr, Pennington, NJ 08534

    ** MOVE-IN NOW ** Be the first to live in this beautifully crafted BRAND NEW CONSTRUCITON with ELEVATOR. PREMIUM 3rd FLOOR with MORE PRIVACY & VIEWS, 2-bedroom, 2-bathroom apartment (approx. 1,156 sq ft), located in a sought-after and well-connected community in Pennington. Designed with modern living in mind, this home offers the perfect combination of comfort, style, and convenience ideal for

    Ishita Dalal Keller Williams Village Square Realty

    2307 Prince Hall Dr, Pennington, NJ 08534
  • 20 W Franklin Ave Unit A-1, Pennington, NJ 08534
    20 W Franklin Ave Unit A-1, Pennington, NJ 08534
    20 W Franklin Ave Unit A-1, Pennington, NJ 08534
    /13

    $2,250 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    20 W Franklin Ave Unit A-1, Pennington, NJ 08534

    Located in historic Pennington, this two-bedroom, one-bathroom apartment is available for lease at $2,250.00 per month starting ~ June 1, 2026. It features a spacious interior, Convenient amenities include off-street parking, onsite laundry facilities, and additional secured storage in the basement for rent Tenants are responsible for electricity, heat, central AC, sewer, and water. The

    20 W Franklin Ave Unit A-1, Pennington, NJ 08534
  • 2306 Prince Hall Dr, Pennington, NJ 08534
    2306 Prince Hall Dr, Pennington, NJ 08534
    2306 Prince Hall Dr, Pennington, NJ 08534
    /19

    $2,800 Per Month

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

    2306 Prince Hall Dr, Pennington, NJ 08534

    Luxury features like Quartz countertops, walk in shower & a walk in closet are ready to meet the very first tenant in this brand new community built by one of the top builders in the US. The bright and open layout allows for customizable space to fit your unique lifestyle. The kitchen is equipped with modern stainless steel appliances, full size stackable washer & dryer, balcony overlooking the

    Linda Zotti Coldwell Banker Residential Brokerage - Flemington

    2306 Prince Hall Dr, Pennington, NJ 08534
  • 5202 Mary Ashby Way, Pennington, NJ 08534
    5202 Mary Ashby Way, Pennington, NJ 08534
    5202 Mary Ashby Way, Pennington, NJ 08534
    /16

    $2,650 Per Month

    • 2 Beds
    • 2 Baths
    • 1,250 Sq Ft
    • Condo for Rent

    5202 Mary Ashby Way, Pennington, NJ 08534

    Deepak Katta Realty Mark Central, LLC

    5202 Mary Ashby Way, Pennington, NJ 08534
New Jersey Mercer County

Condos for Rent in Pennington, NJ

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 $3,250 per month, though prices vary by neighborhood, size, and property type. As of August 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 $140,000 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 $3,500 per month in Pennington, NJ, renters typically need to show $10,500 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 Prospect, Chambersburg, Berkeley Square & Parkside and Downtown Trenton, each with its own character and price range.

Condo Rental Trends in Pennington, NJ

There are currently 5 condos available for rent in Pennington, NJ. The median rent is $3,250 per month, with 2-bedroom condos at $2,700 and 3-bedroom condos at $3,575.

Rental Home Trends

Number of Condos for Rent
5
Median Condo Rent
$3,250
Median 2 Bedroom Condo Rent
$2,700
Median 3 Bedroom Condo Rent
$3,575
How to Rent a Home

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Copyright © 2026 CoStar Group