5

Newest Homes for Rent in Penns Grove, NJ

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  • /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
  • /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
  • /8

    $1,275 Per Month

    • 1 Bed
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    15-17-17 E Main St Unit 15B, Penns Grove, NJ 08069

    Property Id: 2501528Available on 7/1! Spacious and clean 1 bedroom, 1 bathroom apartment on a second floor. The apartment offers a large separate living room and approximately 900 square feet of total living space.This updated apartment offers: Large bedroom and living room with eat-in kitchen Clean and well-maintained interior Updated finishes Huge parking lot with

    (856) 276-5763

    15-17-17 E Main St Unit 15B, 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
  • /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.

    (856) 895-2314

    79 Delaware Ave, Penns Grove, NJ 08069

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 $1,700 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 $68,000 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 $1,700 per month in Penns Grove, NJ, renters typically need to show $5,100 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 11.8, 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, Northwest Wilmington, Baynard Village and South Wilmington, each with its own character and price range.

Rental Trends in Penns Grove, NJ

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$1,700
Median Single Family Home Rent
$2,125
Median Condo Rent
$1,338
How to Rent a Home