4

Penns Grove, NJ Homes for Rent

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  • /5

    $1,900 Per Month

    • 3 Beds
    • 1 Bath
    • 1,300 Sq Ft
    • House for Rent

    79 Delaware Ave, Penns Grove, NJ 08069

    Property Id: 3137183 bedroom, one bath. Fenced back yard. Near river, on Delaware ave.

    79 Delaware Ave, Penns Grove, NJ 08069
  • /31

    $2,800 Per Month

    • 5 Beds
    • 1.5 Baths
    • 1,764 Sq Ft
    • House for Rent

    122 Penn St, Penns Grove, NJ 08069

    Get ready to be IMPRESSED! This spacious CRAFTSMAN rental is far larger than it looks ---with a large eat-in kitchen, a real dining room and living room ---and space for at least FIVE BEDS! (No carpets anywhere...Perfect for roommates, work-from-home setups, or flexible living arrangements.) Step onto the WELCOMING front porch and you’ll immediately feel at home—this charming 1930's Colonial

    Larry McBryde Weichert Realtors-Mullica Hill

    122 Penn St, Penns Grove, NJ 08069
  • /12

    $1,600 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
  • /17

    $1,700 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

Why Live in Penns Grove

Penns Grove, NJ, a small community with a population of around 4,800, offers residents scenic views of the Delaware River and a peaceful, rural atmosphere. The town, once a bustling resort and the caviar capital of the world, now features a strong sense of community and family orientation. Homebuyers can find a variety of home styles, including Victorians, American Foursquares, Cape Cods, colonials, and ranch-style homes, many of which sit on larger lots with private driveways. The Delaware River Walkway provides a serene spot for fishing and enjoying views of Wilmington, Delaware, just a mile across the water. Dunn’s Park and Carney’s Point Recreational Park offer additional outdoor spaces with playgrounds and ball fields. Commercial activity is centered on Virginia Avenue, with stores like Rite Aid, Walgreens, and Dollar General, while local dining options include Di Paolo’s for Italian cuisine and Taquiera Atexquita for traditional Mexican food. Community events, such as the Penns Grove Day Parade, are held along the Delaware River Walkway. Transportation options include NJ Transit bus routes, with Wilmington, Delaware 12 miles away and Philadelphia 33 miles north.

Frequently Asked Questions

How much does it cost to rent a home in Penns Grove, NJ?
The median rent for a home in Penns Grove, NJ is $1,800 per month, though prices vary by neighborhood, size, and property type. As of June 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 $72,000 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 $1,800 per month in Penns Grove, NJ, renters typically need to show $5,400 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 11.1, 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 home?
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 home include Vandever Avenue, Downtown Wilmington, Brandywine Village, Northwest Wilmington and Baynard Village, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$1,800
Median Single Family Home Rent
$2,125
Median Condo Rent
$1,400
How to Rent a Home