salaryRent is higher than in 86% of U.S. cities. Household incomes are higher than in 87% of U.S. cities. A typical house costs about 4.7 years of household income. Commutes are long, about 33.8 minutes each way. Most households rent (62%), so there are plenty of rental options. It is a highly educated city: 79.5% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $100,400 a year. That is $48 an hour at a full-time job.
Is rent cheaper than other New Jersey cities?
No. Rent here is more expensive than in most of New Jersey. It is number 194 of 291 cities from cheapest to most expensive.
How much do households earn in Princeton Meadows?
Share of households by yearly income. 54.2% of households earn $100,000 or more.
Rent by apartment size in Princeton Meadows
| Size | Princeton Meadows | U.S. average |
|---|---|---|
| Studio | $2,066 | $1,338 |
| 1 bedroom | $2,045 | $1,324 |
| 2 bedrooms | $2,509 | $1,509 |
| 3 bedrooms | $2,111 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Princeton Meadows overall?
Everyday prices in New Jersey overall are 9% above the U.S. average (index 108.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Princeton Meadows, so the New Jersey figure is shown.
Taxes and bills in Princeton Meadows
Life in Princeton Meadows
Is it cheaper to rent or buy in Princeton Meadows?
Renting is cheaper right now: about $2,109 a month less.
Owning assumes a typical $665,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $66,570 for the down payment.
Frequently asked questions
What is the average rent in Princeton Meadows, NJ?
Renting in Princeton Meadows costs a median of about $2,510 a month in 2026, including utilities. The New Jersey median is $2,240.
How much do I need to make to live in Princeton Meadows?
To keep rent under 30% of income, you need about $100,400 a year, or $48 an hour at a full-time job.
Is Princeton Meadows cheap or expensive?
Princeton Meadows is rated OK: rent takes 21.3% of the typical household income of $141,513. It ranks 194th cheapest of 291 New Jersey cities we track.
How much are property taxes in Princeton Meadows?
The median homeowner in Princeton Meadows pays $10,000+ a year in property taxes, about 1.50% of the median home value.
Is Princeton Meadows more expensive than the national average?
Overall prices in New Jersey are 9% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Princeton Meadows?
The median home value in Princeton Meadows is $665,700, about 4.7 times the typical yearly household income.
15,561 people live in Princeton Meadows. Numbers are typical (middle) values.