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Homes & Apartments for Rent in Penns Grove, NJ 08069

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What to Know About

Life in Penns Grove & Beyond

Penns Grove shares many of the great qualities that make New Jersey a desirable place to live.

New Jersey is known for its beaches along the Jersey Shore to some of the most iconic landmarks in the nation, such as the Liberty Bell, the Statue of Liberty, and Ellis Island. From the bustling streets of Newark to the picturesque shorelines of Cape May, New Jersey is a state unlike any other. Discover its dynamic culture and rich heritage by visiting iconic landmarks like Liberty State Park and the Ellis Island National Museum of Immigration. And for those seeking knowledge, New Jersey is home to renowned universities like Rutgers University and Princeton University.

Whether you're an outdoor enthusiast or a sports fan, New Jersey has plenty to offer, including the New York Giants (NFL), New York Jets (NFL), New Jersey Devils (NHL), and the New Jersey Nets (NBA). Enjoy the beautiful coastline by fishing, surfing, or sailing, and hit the slopes of nearby mountains. Make sure to visit famous attractions like the Atlantic City Boardwalk, the Camden Waterfront, and the historic town of Cape May.

A state that never stops moving, New Jersey is a melting pot of cultures, experiences, and opportunities waiting to be experienced, making it a great place to call home.

Rental Market Trends

Penns Grove, NJ

As of November 2026, Penns Grove's rental market is cooling, with rentals spending about 32 days on the market, slower than in New Jersey (24), and rents down 1.0% over the past year. Penns Grove's average rent is 39.1% ($964) lower than the New Jersey average of $2,466 and 26.2% ($534) lower than the U.S. average of $2,036.

Average Rent
$1,502
Monthly ChangeMonth Over Month Change
Decreased0.06% ($1)
Yearly ChangeYear Over Year Change
Decreased1.0% ($16)
Days on Market
32
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,210 Increased0.06% ($1) Increased1.4% ($16)
2 Beds $1,408 Decreased0.23% ($3) Decreased4.1% ($60)
3 Beds $1,537 Increased0.03% Increased1.9% ($28)
Nearby Cities Average Rent Avg. Rent vs. Penns GroveAverage Rent vs. Penns Grove Days on Market
Deepwater $1,230 Decreased18.1% ($272) 31 days
Pennsville $1,594 Increased6.1% ($92) 30 days
Claymont $1,784 Increased18.8% ($282) 31 days
Swedesboro $2,360 Increased57.1% ($858) 31 days
Wilmington $1,727 Increased15.0% ($225) 28 days
Based on rentals advertised on RentalSource in and around Penns Grove.
Frequently Asked Questions
Penns Grove Rental Market FAQs

Explore rental prices, market conditions, and affordability in Penns Grove, NJ.

The average rent in Penns Grove, NJ is about $1,502 per month.
In Penns Grove, the average rent is about $1,210 per month for a 1-bedroom home, about $1,408 for a 2-bedroom home and about $1,537 for a 3-bedroom home.
The average rent in Penns Grove is 26.2% ($534) lower than the national average of $2,036 per month.
The rental market in Penns Grove, NJ is currently cooling, with rentals spending about 32 days on the market, slower than in New Jersey (24), and rents down 1.0% over the past year.
Based on the current averages, a household would need an annual income of about $56,300 to comfortably afford a 2-bedroom home in Penns Grove.
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