The Alice
365 Terhune Rd,
Princeton, NJ 08540
$3,010 - $6,729 | 1-3 Beds
Princeton University
Princeton, NJ
Princeton University - Princeton, NJ
Area Guide
The best university in the country is also one of the oldest
Ivy League
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Private
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Colonial College
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Prestigious
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Historic
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Walkable
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Mass Transit
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Tigers
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Consistently ranking as the best university in the country, Princeton University is a private, Ivy League institution that was founded in 1746. The faculty includes 26 Nobel Prize winners, and the graduates are equally impressive: two US Presidents, three Supreme Court Justices, 16 Nobel Prize winners, Pulitzer-Prize winning novelists, and world-famous scientists and mathematicians. Famous alumni include President Woodrow Wilson, President James Madison, General David Petraeus, former First Lady Michelle Obama, Supreme Court Justice Sonia Sotomayor, Senator Ted Cruz, author F. Scott Fitzgerald, comic book artist Jim Lee, actress Brooke Shields, and actor Jimmy Stewart.
Princeton University is considered most selective, accepting just seven percent of applicants. The university has a 90 percent graduation rate and a student-faculty ratio of five to one. Princeton is a Colonial College, a group of nine universities established before the American Revolution. Popular programs at this prestigious research university include the Woodrow Wilson School of Public and International Affairs and the School of Engineering and Applied Science.
Situated on 600 acres in Princeton, New Jersey, the beautiful campus includes Nassau Hall, the oldest building on campus and a National Historic Landmark. Nassau Hall was built in 1754, and at the time was the largest building in the colonies. It suffered extensive damage during the Revolutionary War, especially during the 1777 Battle of Princeton. The Princeton Tigers -- along with Rutgers University -- have one of the nation's oldest football programs, first facing each other in 1869. Princeton is part of the Ivy League Conference and they play at Princeton Stadium.
Since most freshmen live on-campus, you shouldn't have much trouble finding an apartment near Princeton University. Look in the Princeton North neighborhood, especially along State Road and Ewing Street. Stockton Street is also a terrific option -- this street offers easy access to the Princeton University Art Museum and the Richardson Auditorium at Princeton University. Just across the river, Princeton Junction provides a great location just a few minutes away from campus.
Explore the College
The Colonial Club was established in 1891
Princeton University's historic architecture
Bicycles outside the Bendheim Center for Finance
Nassau Hall, the oldest building on campus, dates back to 1754
Rent Trends
As of March 2025, the average apartment rent in Princeton, NJ is $2,879 for a studio, $2,717 for one bedroom, $3,369 for two bedrooms, and $3,909 for three bedrooms. Apartment rent in Princeton has increased by 2.3% in the past year.
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Studio
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868 sq ft
Average Sq Ft
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$2,879/month
Average Rent
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1 BR
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888 sq ft
Average Sq Ft
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$2,717/month
Average Rent
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2 BR
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1,202 sq ft
Average Sq Ft
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$3,369/month
Average Rent
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3 BR
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1,508 sq ft
Average Sq Ft
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$3,909/month
Average Rent
Transportation
45
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
59
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Schools
Public
Grades PK-5
293 Students
9
Public
Grades PK-5
387 Students
7
Public
Grades PK-5
409 Students
6
Community Park Elementary School
Public
Grades PK-5
286 Students
6
Public
Grades 6-8
816 Students
7
Public
Grades 9-12
1,532 Students
6
School data provided by
GreatSchools
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
Points of Interest
Shopping Centers
Parks and Recreation
- Morven Museum & Garden
- Marquand Park
- Princeton Battlefield State Park
- Mapleton Preserve
- Terhune Orchards
Transit / Subway
Military Bases
Airports
- Trenton Mercer
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.