
Cheap Homes for Rent in Princeton, KY from $300 (22 Rentals)
Search the lowest-cost Homes available for rent right now in Princeton.


10-410 Thompsonville Ln

0 100 Laurel Cove Dr

307 Belew St

313 Belew St

114 Maplelawn St

404 Parker 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.

408 Parker St

112 S 5th St

301 N 7th St

1413 E 18th St

134 Zackary St

526 Chris St

146 Zackary St
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.

115 Means Ave

501 Mercedes St

117 Williams St

28 Yoakum Cir

30 Locust St

58 Locust St

307 Harahan Blvd
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.

208 E 17th St
Princeton, KY 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 | $1,047 | $725 | $2,100 |
| Princeton 3 Bedroom Homes for Rent | $1,214 | $399 | $1,900 |
| Princeton 4 Bedroom Homes for Rent | $3,400 | $3,400 | $3,400 |
Browse Top Homes for Rent in Princeton
Explore Princeton
Princeton, KY Local Guide
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Cheapest Available Princeton Apartments for Rent and Nearby
 The cheapest available apartment rental in Princeton, KY is a 1 Bed unit found at Bee Creek Crossing (Senior Apartments 55+) priced from $650. Senior Community-Franklin Place 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 |
|---|---|---|---|
| Bee Creek Crossing (Senior Apartments 55+) | 1 Bed / 1 Bath | 1BR,1BA | $650 |
| Senior Community-Franklin Place Apartments | 1 Bedroom | 1BR,1BA | $675 |
| PENNYRILE SENIOR APARTMENTS | 1 Bedroom 1 Bathroom | 1BR,1BA | $699 |
| Slate Run | One Bedroom One Bath | 1BR,1BA | $719 |
| Willow Run | The Hampton | 1BR,1BA | $730 |
Best Value Apartments for Rent in Princeton, KY and Nearby
As of April 16, 2026 the best value apartment in the Princeton area is the $0.95 price per square foot 2BR Model at Wilshire Townhomes in the starting from $1,050. The second greatest value Princeton apartment is the 2 Beds, 1.5 baths Model at Ringgold Park starting at $985 with a $0.96 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. |
|---|---|---|---|
| Wilshire Townhomes | 2BR | 2BR,1.5BA | $0.95 |
| Ringgold Park | 2 Beds, 1.5 baths | 2BR,1.5BA | $0.96 |
| Whitehall Townhouses | 2Bed-1.5Bath | 2BR,1.5BA | $1.04 |
| Morris Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $0.89 |
| Kirkman Terrace | 2 Bedroom | 2BR,1BA | $0.96 |
| Willow Run | The Sterling | 2BR,1BA | $0.92 |
| Eagle Crossing | 2 Bedroom | 2BR,1BA | $1.01 |
| Senior Community-Franklin Place Apartments | 1 BDR | 1BR,1BA | $0.84 |
| Bee Creek Crossing (Senior Apartments 55+) | 1 Bed / 1 Bath | 1BR,1BA | $0.96 |
| 225 Clara Drive | *1/1 | 1BR,1BA | $1.04 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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, KY
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Princeton, KY Rentals by Map
See the most popular apartments and homes in Princeton, KY
Frequently Asked Questions about Princeton
What type of rentals are currently available in Princeton?
There are currently 50 Apartments for Rent in Princeton, KY with pricing that ranges from $600 to $3,600. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Princeton ranging from $399 to $3,400.
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 $399 to $3,400 with an average monthly rent of $1,456.
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 $600 to $2,571, while Three Bedroom Homes, Condos, and Townhomes for rent range from $399 to $1,900. Four Bedroom Single-Family rentals are also available starting from $3,400 and Four Bedroom Apartments start at $1,600.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.