Cheap Apartments for Rent in the Princeton Neighborhood of Homestead, FL from $500 (14 Rentals)

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

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Casa Matias
1 to 3 Bedroom Apartments

Casa Matias

14340 SW 260th StHomestead, FL 33032
  • Utilities Included
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Sunrise Commons
1 to 3 Bedroom Apartments

Sunrise Commons

26600 SW 146th CtHomestead, FL 33032
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Malibu Gardens
1 to 4 Bedroom Apartments

Malibu Gardens

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

Orchid Estates

26400 SW 147th AveHomestead, FL 33032

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.

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Harbour Springs
1 to 3 Bedroom Apartments

Harbour Springs

26655 SW 142nd AveNaranja, FL 33032
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La Joya Estates
1 to 3 Bedroom Apartments

La Joya Estates

14261 SW 267th StNaranja, FL 33032
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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 1 Bed unit found at Madison Point Apartments priced from $1,330. Sophia Square has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,535. Here are the most affordable Princeton apartments for rent in Homestead, FL:

Apartment ListingModel NameBed/BathPriced From
Madison Point Apartments1 Bed, 1 bath1BR,1BA$1,330
Sophia SquareA1BR,1BA$1,535
Woodland Grove1 Bedrooms A1BR,1BA$1,541
Princeton Crossings1 Bedroom1BR,1BA$1,551
Lanai Landings1/11BR,1BA$1,600

Best Value Apartments for Rent in Princeton, FL

As of November 14, 2025 the best value apartment in the Princeton area is the $1.75 price per square foot 14624 SW 261st Ter Model at 14624 SW 261st Ter, Unit 2 in the in the Outer Homestead South Dade neighborhood starting from $2,800. The second greatest value Princeton apartment is the 26720 Old Dixie Hwy Model at 26720 Old Dixie Hwy, Unit 203 starting at $2,000 with a $2.00 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.
14624 SW 261st Ter, Unit 214624 SW 261st Ter3BR,2BA$1.75
26720 Old Dixie Hwy, Unit 20326720 Old Dixie Hwy2BR,2BA$2.00
The Landings at Coral Town ParkBirch2BR,2BA$2.21
Modern Towers Apartments1 Bedroom, 1 Bathroom1BR,1BA$2.20
Pine GrovesB1R2BR,1BA$2.36
Woodland Grove1 Bedrooms A1BR,1BA$2.05
South Pointe Apartments1/11BR,1BA$2.36
Princeton Crossings1 Bedroom1BR,1BA$2.15
Lanai Landings1/11BR,1BA$2.42
Madison Point Apartments1 Bed, 1 bath1BR,1BA$2.22

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Pet Friendly Lifestyle
Princeton, Homestead, FL

Ranked #3

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Princeton Neighborhood in Homestead, FL

Walk Score®

31 / 100

Car-Dependent

Most errands require a car

Bike Score®

45 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

32 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Princeton Apartments

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 $2,512.

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 29 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 $659 which is $1,853 cheaper than the average rent for all rentals in Princeton.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.