Penns Grove, NJ Condos for Rent

/11
$1,499 Per Month
- 2 Beds
- 1 Bath
- Condo for Rent
99 Regional Dr Unit 2, Penns Grove, NJ 08069

Property Id: 2731333 Bright & Newly Renovated 2-Bedroom Apartment - Move-In Ready! Welcome home to this beautifully renovated 2-bedroom, 1-bath apartment in Penns Grove, NJ. Designed with modern finishes and a fresh, inviting atmosphere, this home features a brand-new kitchen with sleek cabinetry and updated appliances, freshly painted walls, plush new carpeting, elegant vinyl flooring,

99 Regional Dr Unit 2, Penns Grove, NJ 08069
Explore Penns Grove
/13
$1,400 Per Month
- 1 Bed
- 1 Bath
- Condo for Rent
266 Shell Rd Unit B1, Penns Grove, NJ 08069

This 2nd floor unit has 1 bedroom and 1 bath. No pets. No smoking. Landlord will pay sewer and water. Tenant pays electric. A Rent Spree credit & background check application is required for any potential tenant that is 18+. Tenant qualifications: no evictions, no bankruptcies, 2 months paystubs, 2 months bank statements showing first months rent and security deposit. All documentation is to be

Kimberly Murray American Dream Realty of South Jersey

266 Shell Rd Unit B1, Penns Grove, NJ 08069
/12
$1,475 Per Month
- 2 Beds
- 1.5 Baths
- Condo for Rent
138 Denny Ave Unit 2, Penns Grove, NJ 08069

138 Denny Ave Unit 2, Penns Grove, NJ 08069
/7
$1,100 Per Month
- 1 Bed
- 1 Bath
- 1,562 Sq Ft
- Condo for Rent
31 W Main St, Penns Grove, NJ 08069

Second-floor 1-bedroom, 1-bathroom apartment available for lease. Landlord will pay sewer and water. Tenant pays electric and gas. A Rent Spree credit & background check application is required for any potential tenant that is 18+. Tenant qualifications: no evictions, no bankruptcies, 2 months paystubs, 2 months bank statements showing first months rent and security deposit. All documentation is

Victoria Sullivan American Dream Realty of South Jersey

31 W Main St, Penns Grove, NJ 08069
/17
$1,475 Per Month
- 2 Beds
- 2 Baths
- Condo for Rent
138 Denny Ave Unit 1, Penns Grove, NJ 08069

138 Denny Ave Unit 1, Penns Grove, NJ 08069

New Jersey Salem County

Frequently Asked Questions

How much does it cost to rent a condo in Penns Grove, NJ?

The median rent for a condo in Penns Grove, NJ is $1,400 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.

How much do you need to make to afford rent in Penns Grove, NJ?

To comfortably afford the median rent in Penns Grove, NJ, a household needs to earn roughly $59,960 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 $1,499 per month in Penns Grove, NJ, renters typically need to show $4,497 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 Penns Grove, NJ?

In Penns Grove, NJ, the price-to-rent ratio is 13.7, 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 Penns Grove, NJ are best for renting a condo?

The best neighborhood for renting in Penns Grove, NJ depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Brandywine Village, Downtown Wilmington, South Wilmington, Cool Spring-Tilton Park and Delaware Avenue, each with its own character and price range.

Condo Rental Trends in Penns Grove, NJ

There are currently 5 condos available for rent in Penns Grove, NJ. The median rent is $1,400 per month, with 1-bedroom condos renting at $1,325 and 2-bedroom condos at $1,475.

Rental Home Trends

Number of Condos for Rent 5	Median Condo Rent $1,400
Median 1 Bedroom Condo Rent $1,325	Median 2 Bedroom Condo Rent $1,475

How to Rent a Home

Condos for Rent by Price in Penns Grove

Penns Grove Condos for Rent under $1,500

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