
Cheap Homes for Rent in Princeton, IN from $600 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Princeton.


1520 Main St

610 N Main St

933 Stanley Ave

658 E Louisiana St

1313 N 2nd Ave

1503 E Franklin St
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.

927 Harmony Way

2001 Stringtown Rd

1103 Broadway St

1671 Enlow Ave

202 Herndon Dr

102 N Seminary St

1111 Stanley Ave
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, IN 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 | $984 | $700 | $1,200 |
| Princeton 3 Bedroom Homes for Rent | $1,648 | $825 | $2,500 |
| Princeton 4 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Browse Top Homes for Rent in Princeton
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Princeton, IN Local Guide
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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 |
| Valoré at Hidden Hills | The Dogwood - One Bedroom Apartment Home | 1BR,1BA | $675 |
| Lakewood Flats and Townhomes | 1sm wd | 1BR,1BA | $765 |
| The Timbers Apartments | The Oak 1 BR 1 BA | 1BR,1BA | $770 |
Best Value Apartments for Rent in Princeton, IN and Nearby
As of May 09, 2026 the best value apartment in the Princeton area is the $1.19 price per square foot 2 Bed, 2 Bath Model at The Westcott in the in the Fielding Court neighborhood starting from $1,283. The second greatest value Princeton apartment is the Two Bedroom One Bathroom Model at Vail Estates Apartments starting at $1,050 with a $1.09 price per square foot . 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. |
|---|---|---|---|
| The Westcott | 2 Bed, 2 Bath | 2BR,2BA | $1.19 |
| Vail Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.09 |
| North Park | Berkshire | 2BR,1.5BA | $1.12 |
| Princeton Court | 2 Bed 1 Bath | 2BR,1BA | $1.03 |
| Mission Viejo Villas | B- Barcelona | 1BR,1BA | $1.16 |
| Brooklyn Place | Ashford | 1BR,1BA | $1.31 |
| Foxfire West Apartments | 2.1f cab bl | 2BR,1BA | $1.26 |
| TERRA TRACE | The Eastern Redbud | 1BR,1BA | $1.32 |
| Woodbridge Place | The Dogwood | 1BR,1BA | $1.14 |
| Valoré at Hidden Hills | The Pine - One Bedroom Apartment Home | 1BR,1BA | $1.25 |
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 Princeton
What type of rentals are currently available in Princeton?
There are currently 53 Apartments for Rent in Princeton, IN with pricing that ranges from $625 to $4,449. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Princeton ranging from $650 to $2,800.
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 $650 to $2,800 with an average monthly rent of $1,540.
How much are larger Three and Four Bedroom Rentals in Princeton?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Princeton range from $1,249 to $2,309, while Three Bedroom Homes, Condos, and Townhomes for rent range from $825 to $2,500. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $1,849.
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.