What is the median rent in Princeton Meadows, NJ?
The median gross rent in Princeton Meadows, NJ is $2,010 (±$87) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 3,744 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Princeton Meadows, the median gross rent went from $1,653 in 2015–2019 to $2,010 in 2020–2024 (+21.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $2,010 (±$87)
- Rented homes
- 3,744 (±268)
- $2,000 or more
- 50.8%
- Since 2015–2019
- +21.6%
How much rent costs in Princeton Meadows
| Monthly gross rent | Princeton Meadows | Middlesex County | New Jersey | United States |
|---|---|---|---|---|
| Less than $500 | 0.7% (±1.1 points) | 4.4% | 6.1% | 6.3% |
| $500 to $999 | 0.0% (±1.2 points) | 4.4% | 7.9% | 20.2% |
| $1,000 to $1,499 | 4.6% (±2.6 points) | 17.3% | 23.5% | 28.1% |
| $1,500 to $1,999 | 43.9% (±7.6 points) | 32.2% | 28.5% | 21.1% |
| $2,000 to $2,499 | 38.5% (±7.1 points) | 25.7% | 17.2% | 12.0% |
| $2,500 to $2,999 | 10.6% (±4.1 points) | 10.2% | 7.9% | 5.5% |
| $3,000 or more | 1.7% (±2.1 points) | 5.7% | 8.9% | 6.8% |
The most common range is $1,500 to $1,999, paid by 43.9% of renting households.
50.8% of rented homes in Princeton Meadows cost $2,000 or more a month.
Princeton Meadows against Middlesex County, its state and the nation
| Princeton Meadows | Middlesex County | New Jersey | United States | |
|---|---|---|---|---|
| Median gross rent | $2,010 (±$87) | $1,871 (±$20) | $1,720 (±$7) | $1,413 |
| Rented homes paying rent | 3,744 (±268) | 108,756 (±1,919) | 1,230,839 (±7,912) | 42,849,984 |
In Princeton Meadows, median gross rent is higher than in Middlesex County ($1,871).
It is also higher than in New Jersey ($1,720).
It is higher than the national figure ($1,413).
In Middlesex County, Princeton Meadows ranks 9 of 26 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 74 of 201.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Princeton Meadows has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,653 (±$52) | $2,010 (±$87) | +21.6% | No measurable change after inflation |
| Households that rent | 62.1% (±3.8 points) | 62.4% (±5.1 points) | +0.3 percentage points | Not a measurable change |
| Rental vacancy rate | 7.2% (±4.3 points) | 0.3% (±0.5 points) | −6.9 percentage points | Measurable decrease |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Princeton Meadows
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Princeton Meadows | — | $2,010 (±$87) | — |
| Plainsboro Center | 1.4 mi | $2,099 (±$154) | Not measurably different |
| Cranbury | 2.8 mi | $1,581 (±$162) | Lower |
| Cranbury Township | 2.8 mi | $1,603 (±$152) | Lower |
| Monmouth Junction | 2.8 mi | $1,935 (±$127) | Not measurably different |
| Princeton Junction | 3.1 mi | $1,661 (±$1,218) | Not measurably different |
| Heathcote | 3.9 mi | $1,623 (±$414) | Not measurably different |
| South Brunswick Township | 4.0 mi | $1,935 (±$94) | Not measurably different |
| Kingston | 4.1 mi | $1,765 (±$58) | Lower |
Nearby places with a measurably lower figure: Cranbury, NJ ($1,581), Cranbury Township, NJ ($1,603), Kingston, NJ ($1,765).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Middlesex County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 3 | Rutgers University-Busch Campus | $2,197 (±$82) |
| 4 | Concordia | $2,130 (±$165) |
| 5 | Iselin | $2,113 (±$106) |
| 6 | Plainsboro Center | $2,099 (±$154) |
| 7 | Woodbridge | $2,091 (±$114) |
| 8 | Colonia | $2,047 (±$283) |
| 9 | Princeton Meadows | $2,010 (±$87) |
| 10 | Menlo Park Terrace | $1,971 (±$235) |
| 11 | Monmouth Junction | $1,935 (±$127) |
| 12 | Kendall Park | $1,928 (±$597) |
| 13 | Fords | $1,913 (±$134) |
| 14 | Avenel | $1,906 (±$151) |
| 15 | Laurence Harbor | $1,903 (±$353) |
Showing 13 of 26 places in Middlesex County, ranked from highest to lowest.
Princeton Meadows is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Plainsboro Township, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Princeton Meadows
What is the average rent in Princeton Meadows, NJ?
The Census Bureau publishes the median rather than the average: the median gross rent in Princeton Meadows is $2,010 (±$87) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Princeton Meadows?
In Princeton Meadows, the median gross rent went from $1,653 in 2015–2019 to $2,010 in 2020–2024 (+21.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Princeton Meadows cost more than $2,000 a month?
50.8% of rented homes in Princeton Meadows have a gross rent of $2,000 or more a month, and 0.7% cost less than $500.
Is rent in Princeton Meadows higher than in Middlesex County?
In Princeton Meadows, median gross rent is higher than in Middlesex County ($1,871).
It is also higher than in New Jersey ($1,720).
It is higher than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Princeton Meadows CDP, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Princeton Meadows CDP, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Princeton Meadows CDP, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Princeton Meadows CDP, New Jersey (place:60975, in state:34).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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- Population growth in Princeton Meadows
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- New Jersey landlord and tenant rules
- Housing across Middlesex County
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- Housing data for every place in New Jersey