Princeton Meadows, New Jersey Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Princeton Meadows, New Jersey rental market.
Princeton Meadows, New Jersey
Average Apartment Rent
$2,070
Y-o-Y Change in Average
Apartment Rent
-2.5%
As of May 2026
Compared to a year ago, Princeton Meadows, New Jersey apartments have recorded a -2.5% rent decrease.
Princeton Meadows, New Jersey Average apartment rent trend
Princeton Meadows, New Jersey Average Apartment Rent
Princeton Meadows, New Jersey Apartment rent ranges
At 55.45%, apartments priced $1,500 - $2,000 represent the bulk of Princeton Meadows, New Jersey rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 9.82%.
Princeton Meadows, New Jersey Housing tenure**
Renters take up 59% of Princeton Meadows, New Jersey real estate, occupying a total of 3,647 units, while homeowners live in 2,504 properties.
Median number of rooms of renter-occupied housing units**
3.2
Renter median household income**
$98,011
Average household size of renter-occupied housing units**
2.29
Rental vacancy rate**
2.5%
Princeton Meadows, New Jersey Renter-occupied housing units by no. of bedrooms**
There are 1,728 rentals in Princeton Meadows, New Jersey with 1 bed making up the highest share of the market, at 47%. Units with 4 beds, on the other hand, hold the lowest percentage (1%), amounting to 29 units. Overall, the median number of rooms in Princeton Meadows, New Jersey homes for rent is 3.2.
Princeton Meadows, New Jersey Renter-occupied units by age of householder**
Most condos for rent in Princeton Meadows, New Jersey are occupied by residents in the 25 - 34 years age group (35%), followed by those in the 35 - 44 years age group (30%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 4%.
Princeton Meadows, New Jersey Renter-occupied housing units by family type**
Princeton Meadows, New Jersey Renter-occupied housing units by the presence of own children**
A total of 1,963 apartments for rent in Princeton Meadows, New Jersey, or 54% of all rentals are family households. Additionally, 36% of rental homes include children under the age of 18 – that’s 1,316 units. All in all, the median size of a renter-occupied household in Princeton Meadows, New Jersey is 2.29.
Princeton Meadows, New Jersey Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 74% of the rental market. In contrast, residents with less than a high school degree reside in 2% of the homes for rent in Princeton Meadows, New Jersey.
Princeton Meadows, New Jersey Renter-occupied units by year structure built**
The highest share of Princeton Meadows, New Jersey apartment rentals, namely 37% or 1,350 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (20%, 718 units), and the ones Built 1990 - 1999 (16%, 585 units).
Princeton Meadows, New Jersey Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Princeton Meadows, New Jersey renters (42%) moved in 2018 to 2020, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Princeton Meadows, New Jersey condos for rent is 2018.
Princeton Meadows, New Jersey Renter-occupied housing units by vehicles available**
When it comes to transportation options, 68% of Princeton Meadows, New Jersey renters have 1 vehicle available per household, 27% of them have 2 vehicles available, and 3% have No vehicle available.
Princeton Meadows, New Jersey Means of transportation to work of householders living in renter-occupied housing units**
Princeton Meadows, New Jersey Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Princeton Meadows, New Jersey apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
