The median home in Pennington, New Jersey is valued at $662,817, up 1.3% year over year. Typical monthly rent is $2,546, producing a price-to-rent ratio of 21.7x — well above the national average of 18x. Pennington is part of the Trenton-Princeton, NJ metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Trenton-Princeton, NJ stress score, crash risk, and 12-month forecast →

Home Value$662,817

+1.3%

Rent$2,546/mo

AFFORDABILITY

Enter your income for Pennington.

Income (annual)

Down Payment

$132,563 on $662,817

Out of reach — 77.3% of income

Need $207,129/yr to afford.

PITI$4,833

P/I77.3%

Afford$240K

Gap-$423K

P&I $3,352Tax $1,364Ins $117

Renting $2,287/mo cheaper ($2,546 rent)6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in New Jersey

Compare Pennington with other housing markets across New Jersey.

Deal$4213K Alpine$2955K Loch Arbour$2880K Avalon$2630K Stone Harbor$2477K Bay Head$2362K Sea Girt$2305K Short Hills$2258K

Full Trenton-Princeton, NJ analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Trenton-Princeton, NJ metro.

View Trenton-Princeton, NJ metro →

PENNINGTON, NJ