Princeton, NJ Rent History

128 months of data, 2016–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-09)
$3,350
1-year change
+4.2%
$134/mo
5-year change
+22.8%
$622/mo
10-year change
+42.0%
$991/mo

Monthly rent trend

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Year-by-year rent in Princeton

YearMedian rentYoY changevs 2016
2016$2,302/mo—0.0%
2017$2,330/mo+1.2%+1.2%
2018$2,416/mo+3.7%+5.0%
2019$2,428/mo+0.5%+5.5%
2020$2,483/mo+2.3%+7.9%
2021$2,623/mo+5.6%+13.9%
2022$2,883/mo+9.9%+25.2%
2023$3,095/mo+7.4%+34.4%
2024$3,156/mo+2.0%+37.1%
2025$3,255/mo+3.1%+41.4%
2026$3,247/mo-0.2%+41.1%

Frequently asked questions

How much has rent in Princeton changed since 2016?

Median rent in Princeton, NJ was $2,344 in 2016-01 and is $3,350 as of 2026-09 — a change of $1,006 per month over 10 years.

How much has Princeton rent increased in the last 5 years?

Over the past 5 years, median rent in Princeton, NJ has changed +22.8% ($622 per month). The current median is $3,350.

What has rent in Princeton done over the past decade?

Over the past 10 years, median rent in Princeton, NJ has changed +42.0% ($991 per month). It is now $3,350.

Is rent in Princeton going up or down year over year?

Year over year, median rent in Princeton, NJ has increased +4.2% ($134/mo). Current median: $3,350.

See full rent data for Princeton, NJ →
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.