Cheap Apartments for Rent in Princeton, KY from $500 (30 Rentals)

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Princeton Manor
1 Bedroom Apartments

Princeton Manor

655 Grace CtPrinceton, KY 42445
  • 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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Maple Valley Townhomes
2 Bedroom Apartments

Maple Valley Townhomes

618 E Waverly StMorganfield, KY 42437
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Little River Landings
1 to 3 Bedroom Apartments

Little River Landings

1101 Pyle LnHopkinsville, KY 42240
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Princeton, KY Local Guide

Cheapest Available Princeton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Princeton, KY is a 1 Bed unit found at 225 Clara’s priced from $525. Willow Run has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Princeton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
225 Clara’s1-bedroom1BR,1BA$525
Willow RunThe BristolStudio,1BA$625
PENNYRILE SENIOR APARTMENTS2 Bedroom 1 Bathroom2BR,1BA$750
1631 S Main StOne Bed1BR,1BA$750
Jackson House1 Bedroom - Jackson House1BR,1BA$781
Lone Oak VillasPremium Townhouse2BR,1BA$799
Eagle Crossing2 Bedroom2BR,1BA$799
Slate RunOne Bedroom One Bath1BR,1BA$834
Liberty HomesLarge 2 Bedroom2BR,1BA$849
Canterbury ApartmentsPhase 12BR,1BA$850

Best Value Apartments for Rent in Princeton, KY and Nearby

As of June 24, 2025 the best value apartment in the Princeton area is the $0.96 price per square foot 2BR/2.5BA Model at West Fairfield Place in the starting from $1,100. The second greatest value Princeton apartment is the Phase 2 Model at Canterbury Apartments starting at $950 with a $0.90 price per square foot . 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.
West Fairfield Place2BR/2.5BA2BR,2.5BA$0.96
Canterbury ApartmentsPhase 22BR,2BA$0.90
Ringgold Park2 Beds, 1.5 baths2BR,1.5BA$1.05
Morris Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$0.94
Kirkman Terrace2 Bedroom2BR,1BA$1.07
1631 S Main StTwo Bed 1 Bath2BR,1BA$1.09
Eagle Crossing2 Bedroom2BR,1BA$0.95
Liberty HomesLarge 2 Bedroom2BR,1BA$1.06
PENNYRILE SENIOR APARTMENTS2 Bedroom 1 Bathroom2BR,1BA$1.06
225 Clara’s1-bedroom1BR,1BA$0.91

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Best Local Schools in
Princeton, KY

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Princeton, KY Rentals by Map

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See the most popular apartments and homes in Princeton, KY

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Getting Around Princeton, KY

Walk Score®

35 / 100

Car-Dependent

Most errands require a car

Bike Score®

32 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Princeton Apartments

How much is rent for a Cheap One Bedroom Princeton Apartment?

The lowest price for a Cheap One Bedroom Princeton Apartment is $525 at 225 Clara’s.

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 $750 at PENNYRILE SENIOR APARTMENTS.

What is the most affordable Princeton Three Bedroom Apartment?

The best deal on a cheap Princeton Three Bedroom Apartment rental is at 225 Clara’s and starts from $725.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.