Cheap Apartments for Rent in the Princeton Neighborhood of Homestead, FL from $800 (82 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Princeton area of Homestead.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Casa Princeton
Rent Specials
$1,759 - $3,022
Total Monthly Price

Total Monthly Price

Base Rent
$1,759 - $3,022

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Casa Princeton

12835 SW 246th TerHomestead, FL 33032
Affordability
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Malibu Gardens
1 to 4 Bedroom Apartments

Malibu Gardens

13800 SW 268th StHomestead, FL 33032
  • Utilities Included
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Orchid Estates
1 to 3 Bedroom Apartments

Orchid Estates

26400 SW 147th AveHomestead, FL 33032
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Mirabella
1 to 3 Bedroom Apartments

Mirabella

12801 SW 252nd StHomestead, FL 33032
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Windmill Farms
1 to 3 Bedroom Apartments

Windmill Farms

12871 SW 242nd StHomestead, FL 33032
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Casa Matias
1 to 3 Bedroom Apartments

Casa Matias

14340 SW 260th StHomestead, FL 33032
  • Utilities Included
property at 26615 SW 137th Ave

$1,340

Total Monthly Price

Total Monthly Price

Base Rent
$1,340

Total Monthly Price
$1,340

1 Bedroom, 1 Bath Condo for Rent

Available Now

26615 SW 137th Ave, Unit 4

26615 SW 137th Ave
HomesteadFL33032
property at 13651 SW 268th St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 Bedroom, 1 Bath Condo for Rent

Available Now

13651 SW 268th St, Unit 8

13651 SW 268th St
HomesteadFL33032
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Tuscany Place
1 to 3 Bedroom Apartments

Tuscany Place

25400 SW 137th AveHomestead, FL 33032
  • Utilities Included
property at 26615 SW 137th Ave

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

2 Bedroom, 1 Bath Condo for Rent

Available Now

26615 SW 137th Ave, Unit 15

26615 SW 137th Ave
HomesteadFL33032
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Keys Crossing
2 to 4 Bedroom Apartments

Keys Crossing

14311 SW 258th LnHomestead, FL 33032
  • Utilities Included
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Sunrise Commons
1 to 3 Bedroom Apartments

Sunrise Commons

26600 SW 146th CtHomestead, FL 33032
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Princeton, Homestead, FL Local Guide

Cheapest Available Princeton Apartments for Rent

 

The cheapest available apartment rental in the Princeton area of Homestead, FL is a 2 Beds unit found at Malibu Gardens priced from $1,145. Madison Point Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,330. Here are the most affordable Princeton apartments for rent in Homestead, FL:

Apartment ListingModel NameBed/BathPriced From
Malibu GardensUNIT B2BR,1BA$1,145
Madison Point Apartments1 Bed, 1 bath1BR,1BA$1,330
Harbour Springs1 Bedroom1BR,1BA$1,448
The Preserve at Coral Town ParkAngeles1BR,1BA$1,570
Circle Creek Apartments2 Beds, 2 baths2BR,2BA$1,571
Sunrise Commons2 Bedroom 2 Bath2BR,2BA$1,591
The Heights at Coral Town ParkAlberta1BR,1BA$1,625
Redland CrossingsThe Ruby2BR,2BA$1,646
The Landings at Coral Town ParkAspen1BR,1BA$1,670

Best Value Apartments for Rent in Princeton, FL

As of August 20, 2026 the best value apartment in the Princeton area is the $1.71 price per square foot The Ruby Model at Redland Crossings in the in the Outer Homestead South Dade neighborhood starting from $1,646. The second greatest value Princeton apartment is the 2 Bedroom 2 Bath Model at Sunrise Commons starting at $1,591 with a $1.69 price per square foot in the Outer Homestead South Dade neighborhood. Here is today’s list of the best values for Princeton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Redland CrossingsThe Ruby2BR,2BA$1.71
Sunrise Commons2 Bedroom 2 Bath2BR,2BA$1.69
Circle Creek Apartments2 Beds, 2 baths2BR,2BA$1.81
Malibu GardensUNIT B2BR,1BA$1.33
Woodland Grove1 Bedrooms A1BR,1BA$2.26
South Pointe Apartments1/11BR,1BA$2.36
Harbour Springs1 Bedroom1BR,1BA$2.01
The Heights at Coral Town ParkAlberta1BR,1BA$2.41
The Preserve at Coral Town ParkAngeles1BR,1BA$2.33
Madison Point Apartments1 Bed, 1 bath1BR,1BA$2.22

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Princeton, Homestead, FL

Ranked #5

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Princeton Apartments

What is a cheap apartment in Princeton?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Princeton is under $1,670.

What is the price of a cheap apartment in Princeton?

The cheapest apartment in Princeton is Madison Point Apartments which is listed at $1,330, while the average apartment in Princeton costs $1,990.

What types of apartments are the cheapest in Princeton?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 43 regular apartments in Princeton that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Princeton?

Cheap apartments in Princeton have an average cost of $513 which is $1,477 cheaper than the average rent for all rentals in Princeton.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.