
Cheap Apartments for Rent near Princeton, IN from $300 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Princeton.


Fairway Plaza

Southern Meadows Senior Living

Valoré at Hidden Hills

Bradford Pointe Apartments

Foxfire West Apartments

Woodbridge Place Apartments

The Timbers Apartments

Lakewood Flats and Townhomes
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.

Market Street Apartments

North Park

The Forge on Main

The Westcott

Weinbach Manor Apartments

Kimber Green Apartments

Sugar Mill Creek

Mission Viejo Villas

Central Lofts
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.

Terra Trace Apartments

Wabash Riverfront Flats

Liv at Locust Creek

Indian Trail Apartments

1012 Mary St

SPRING VALLEY FLATS

1900 N Willow Rd

1103 Broadway St

1520 Main St
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.

Princeton Court

108 E Main St

Valore at Pine Hills

Eastland Apartments

527 N Lemcke Ave

2555 Stanley Ct

1306 W Missouri St

5015 Upper Mt Vernon Rd

3509 N Kentucky Ave
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.
Princeton, IN Local Guide

How much does it cost to rent an apartment in Princeton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Princeton Studio Apartments | $1,403 | $820 | $2,350 |
| Princeton 1 Bedroom Apartments | $1,300 | $625 | $2,513 |
| Princeton 2 Bedroom Apartments | $1,551 | $805 | $4,449 |
| Princeton 3 Bedroom Apartments | $1,712 | $1,260 | $3,212 |
| Princeton 4 Bedroom Apartments | $1,849 | $1,849 | $1,849 |
Browse Top Apartments in Princeton
See all Apartments in PrincetonExplore Princeton
Princeton, IN Local Guide
- Nearby Cities
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Cheapest Available Princeton Apartments for Rent and Nearby
 The cheapest available apartment rental in Princeton, IN is a 1 Bed unit found at SPRING VALLEY FLATS in the Oakhill neighborhood priced from $599. Anchor Court in the Howell neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Princeton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| SPRING VALLEY FLATS | The Redbud | 1BR,1BA | $599 |
| Anchor Court | 1BR/1.0BA | 1BR,1BA | $625 |
| Fairway Plaza | 1 Bedroom | 1BR,1BA | $640 |
| Southern Meadows Senior Living | 1 Bed Apt | 1BR,1BA | $650 |
| Valoré at Hidden Hills | The Dogwood - One Bedroom Apartment Home | 1BR,1BA | $675 |
| Princeton Court | 1 Bed 1 Bath | 1BR,1BA | $700 |
| Bradford Pointe Apartments | INBFP 2x1 675sqft - Classic | 2BR,1BA | $725 |
| Woodbridge Place Apartments | 1x1-700 | 1BR,1BA | $799 |
| Market Street Apartments | Studio Apartment Home in Historic Building | Studio,1BA | $820 |
| The Forge on Main | Studio | Studio,1BA | $845 |
Best Value Apartments for Rent in Princeton, IN and Nearby
As of July 30, 2026 the best value apartment in the Princeton area is the $1.07 price per square foot Prime Living at Its Finest: Luxurious Stand-Alo... Model at Circle Point Villas in the in the Gibson County neighborhood starting from $1,650. The second greatest value Princeton apartment is the The Willow Townhome Model at Kimber Green Apartments starting at $1,149 with a $1.10 price per square foot in the Lant Manor 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. |
|---|---|---|---|
| Circle Point Villas | Prime Living at Its Finest: Luxurious Stand-Alo... | 3BR,2BA | $1.07 |
| Kimber Green Apartments | The Willow Townhome | 2BR,1.5BA | $1.10 |
| Apartments@41 | 1BR/1.0BA | 1BR,1BA | $1.19 |
| Baldwin Heights | 2 Bedroom | 2BR,1BA | $1.13 |
| Vail Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.10 |
| North Park | Berkshire | 2BR,1.5BA | $1.05 |
| Mission Viejo Villas | B- Barcelona | 1BR,1BA | $1.16 |
| Fairway Plaza | 1 Bedroom | 1BR,1BA | $0.91 |
| Princeton Court | 1 Bed 1 Bath | 1BR,1BA | $1.19 |
| Southern Meadows Senior Living | 1 Bed Apt | 1BR,1BA | $1.19 |
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 ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
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.
Best Local Schools in Princeton, IN
Princeton Community Primary School
Princeton Comm Intermediate School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Princeton, IN Rentals by Map
See the most popular apartments and homes in Princeton, IN
Frequently Asked Questions about Cheap Princeton Apartments
What is the Cheapest Studio apartment in Princeton?
Currently the most affordable Cheap Studio Apartment in Princeton is at Market Street Apartments listed at $820.
How much is rent for a Cheap One Bedroom Princeton Apartment?
The lowest price for a Cheap One Bedroom Princeton Apartment is $599 at SPRING VALLEY FLATS.
What is the lowest price for a Cheap Two Bedroom Princeton Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Princeton is starting from $725 at Bradford Pointe Apartments.
What is the most affordable Princeton Three Bedroom Apartment?
The best deal on a cheap Princeton Three Bedroom Apartment rental is at Lakewood Flats and Townhomes and starts from $1,260.
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

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.

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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.