Princeton, NJ Rent History
125 months of data, 2016–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-06)
$3,461
1-year change
+8.2%
$262/mo
5-year change
+26.6%
$728/mo
10-year change
+44.8%
$1,071/mo
Monthly rent trend
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Year-by-year rent in Princeton
| Year | Median rent | YoY change | vs 2016 |
|---|---|---|---|
| 2016 | $2,395/mo | — | 0.0% |
| 2017 | $2,427/mo | +1.3% | +1.3% |
| 2018 | $2,515/mo | +3.6% | +5.0% |
| 2019 | $2,524/mo | +0.4% | +5.4% |
| 2020 | $2,590/mo | +2.6% | +8.1% |
| 2021 | $2,728/mo | +5.3% | +13.9% |
| 2022 | $3,003/mo | +10.1% | +25.4% |
| 2023 | $3,210/mo | +6.9% | +34.0% |
| 2024 | $3,280/mo | +2.2% | +37.0% |
| 2025 | $3,219/mo | -1.9% | +34.4% |
| 2026 | $3,370/mo | +4.7% | +40.7% |
Frequently asked questions
How much has rent in Princeton changed since 2016?
Median rent in Princeton, NJ was $2,436 in 2016-01 and is $3,461 as of 2026-06 — a change of $1,025 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 +26.6% ($728 per month). The current median is $3,461.
What has rent in Princeton done over the past decade?
Over the past 10 years, median rent in Princeton, NJ has changed +44.8% ($1,071 per month). It is now $3,461.
Is rent in Princeton going up or down year over year?
Year over year, median rent in Princeton, NJ has increased +8.2% ($262/mo). Current median: $3,461.