Princeton, NJ Rent History

125 months of data, 20162026. 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

YearMedian rentYoY changevs 2016
2016$2,395/mo0.0%
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.

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.