503 W North St
WalnutIL61376
Cheap Homes for Rent in Princeton, IL from $500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Princeton.
514 Galt Ave
Rock FallsIL61071
506-530 Main St
MarseillesIL61341
503 E 5th St
Rock FallsIL61071
537 1/2 Bucklin St
La SalleIL61301
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.
412 W 4th St
SterlingIL61081
826 N Spalding St
Spring ValleyIL61362
26756 North St
PrincetonIL61356
1324 Mary Ave
Rock FallsIL61071
3207 W Willow Knolls Dr
PeoriaIL61614
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.
Showing Results 1-10, Page 1 of 1
Princeton, IL Local Guide
New Crops by StevenW. is licensed under CC BY 2.0
How much does it cost to rent a home in Princeton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Princeton 2 Bedroom Homes for Rent | $1,353 | $850 | $2,900 |
| Princeton 3 Bedroom Homes for Rent | $2,308 | $1,450 | $3,500 |
| Princeton 4 Bedroom Homes for Rent | $2,065 | $1,200 | $2,500 |
| Princeton 6 Bedroom Homes for Rent | $3,900 | $3,900 | $3,900 |
Browse Top Homes for Rent in Princeton
Explore Princeton
Princeton, IL Local Guide
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Cheapest Available Princeton Apartments for Rent and Nearby
The cheapest available apartment rental in Princeton, IL is a Studio unit found at Northland Park Apartments priced from $625. MEADOWS OF LUKE RIDGE has the second lowest priced unit, which is a 2 Beds apartment currently listed from $670. Here is today’s list of the most affordable Princeton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Northland Park Apartments | Studio | Studio,1BA | $625 |
| MEADOWS OF LUKE RIDGE | 2 BED 1 BATH | 2BR,1BA | $670 |
| Dixon River Apartments | 1BD/1BA | 1BR,1BA | $675 |
Best Value Apartments for Rent in Princeton, IL and Nearby
As of May 07, 2026 the best value apartment in the Princeton area is the $1.18 price per square foot 3 Bedroom 2 Bath Model at Eagle Point Apartments in the in the Northmoor Knolls neighborhood starting from $1,600. The second greatest value Princeton apartment is the HCIV2D2FB Model at Hollow Creek IV Apartments starting at $1,400 with a $1.15 price per square foot in the Windchime neighborhood. Here is today’s list of the best values for Princeton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Eagle Point Apartments | 3 Bedroom 2 Bath | 2BR,2BA | $1.18 |
| Hollow Creek IV Apartments | HCIV2D2FB | 2BR,2BA | $1.15 |
| Camden Hills Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.23 |
| MEADOWS OF LUKE RIDGE | 2 BED 1 BATH | 2BR,1BA | $0.71 |
| 503 S Main St, Unit Unit 3 | 503 S Main St | 2BR,1BA | $1.02 |
| Hillcrest Apartments | 2 BR / 1 BA | 2BR,1BA | $1.15 |
| Nordic Villa Apartments | Loft | 1BR,1BA | $1.18 |
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $1.06 |
| Willis Senior Lofts | 1 Bedroom - Subsidized | 1BR,1BA | $1.24 |
| Dixon River Apartments | 1BD/1BA | 1BR,1BA | $1.03 |
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.
Read Article
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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How much rent can you afford?
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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Explore Princeton, IL Rentals by Map
See the most popular apartments and homes in Princeton, IL
Frequently Asked Questions about Princeton
What type of rentals are currently available in Princeton?
There are currently 55 Apartments for Rent in Princeton, IL with pricing that ranges from $625 to $2,367. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Princeton ranging from $500 to $3,900.
What is the current price range for Rental Homes in Princeton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Princeton ranges from $500 to $3,900 with an average monthly rent of $2,251.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.