Cheap Homes for Rent in Princeton, KY from $500 (6 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

Cheap Homes in Princeton.

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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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
Eagle CrossingOne Bedroom | One Bathroom1BR,1BA$699

Best Value Apartments for Rent in Princeton, KY and Nearby

As of May 03, 2025 the best value apartment in the Princeton area is the $0.95 price per square foot 3 Bedroom Model at Miller Town Apartments in the starting from $1,090. 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.
Miller Town Apartments3 Bedroom3BR,2BA$0.95
Canterbury ApartmentsPhase 22BR,2BA$0.90
Wilshire Townhomes2BR2BR,1.5BA$1.00
Ringgold Park2 Beds, 1.5 baths2BR,1.5BA$1.05
1631 S Main StOne Bed1BR,1BA$0.75
Morris Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$0.98
Emma's Rose Senior Apartments2 BR Typical Emma's Rose2BR,1BA$0.96
PENNYRILE SENIOR APARTMENTS2 Bedroom 1 Bathroom2BR,1BA$1.06
Eagle CrossingOne Bedroom | One Bathroom1BR,1BA$1.04
225 Clara’s1-bedroom1BR,1BA$0.91

Quick 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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Princeton

What type of rentals are currently available in Princeton?

There are currently 45 Apartments for Rent in Princeton, KY with pricing that ranges from $525 to $3,600. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Princeton ranging from $625 to $2,600.

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 $625 to $2,600 with an average monthly rent of $1,154.

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 $725 to $2,117, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $1,500.

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.