
Cheap Homes for Rent in Princeton, IL from $700 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Princeton.


214 S Bloomington St

320 W St Paul St

611 W Matthews St

304 E Main St
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.

707 E 15th St

205 Sandra Ave

658 6th St

717 E Gift Ave

3119 W Willow Knolls Dr
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.

103 Hollyhock Ln
Princeton, IL Local Guide

How much does it cost to rent a home in Princeton?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Princeton 2 Bedroom Homes for Rent | $1,429 | $900 | $2,500 |
Princeton 3 Bedroom Homes for Rent | $2,076 | $850 | $4,500 |
Princeton 4 Bedroom Homes for Rent | $2,430 | $1,325 | $3,600 |
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. Dixon River Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. 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 |
Dixon River Apartments | 1BD/1BA | 1BR,1BA | $675 |
Willow Knolls Apartments | Studio | Studio,1BA | $700 |
Hollow Hills | Studio | Studio,1BA | $700 |
Woods + Meadow Apartments | Studio Apartment in North Peoria | Studio,1BA | $725 |
Best Value Apartments for Rent in Princeton, IL and Nearby
As of October 13, 2025 the best value apartment in the Princeton area is the $0.66 price per square foot 3 Bed 1 Bath Model at 1512 E Gardner Ln in the in the Northmoor Knolls neighborhood starting from $795. The second greatest value Princeton apartment is the 2Bed2Bath Model at Brighton Woods starting at $1,050 with a $0.95 price per square foot in the Oakbrook 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. |
---|---|---|---|
1512 E Gardner Ln | 3 Bed 1 Bath | 3BR,1BA | $0.66 |
Brighton Woods | 2Bed2Bath | 2BR,2BA | $0.95 |
504 S Sweetbriar Dr | Model | 2BR,1BA | $1.11 |
Hillcrest Apartments | 2 BR / 1 BA | 2BR,1BA | $1.12 |
Versailles Apartments | Jewel - 1BR / 1BA | 1BR,1BA | $1.10 |
Nordic Villa Apartments | Loft | 1BR,1BA | $1.18 |
Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $1.06 |
Dixon River Apartments | 1BD/1BA | 1BR,1BA | $1.03 |
Hollow Hills | Studio | Studio ,1BA | $1.08 |
Woods + Meadow Apartments | Studio Apartment in North Peoria | Studio ,1BA | $1.12 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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 50 Apartments for Rent in Princeton, IL with pricing that ranges from $625 to $1,937. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Princeton ranging from $725 to $4,500.
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 $725 to $4,500 with an average monthly rent of $1,533.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.