Cheap Homes for Rent in Princeton, MA from $1,600 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in Princeton.

property at 740 Central St

$1,600 - $1,825

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

1 To 2 Bedroom Rentals

Available Now

740 Central St

LeominsterMA01453
property at 39 Dinan Dr

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

2 Bedroom, 1 Bath Condo for Rent

Available Now

39 Dinan Dr

GardnerMA01440
property at 11 Olga Ave

$1,890

Total Monthly Price

Total Monthly Price

Base Rent
$1,890

Total Monthly Price
$1,890

2 Bedroom, 1 Bath Condo for Rent

Available May 15

11 Olga Ave

WorcesterMA01605
property at 152 Green St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom, 1 Bath Townhome for Rent

Available Now

152 Green St

ClintonMA01510

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.

property at 71 Edgeworth St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom, 1 Bath Condo for Rent

Available Now

71 Edgeworth St

WorcesterMA01605
property at 44 Elm St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

1 Bedroom, 1 Bath Condo for Rent

Available Now

44 Elm St

WorcesterMA01609
property at 653 Plantation St

$2,050

Total Monthly Price

Total Monthly Price

Base Rent
$2,050

Total Monthly Price
$2,050

2 Bedroom, 1 Bath Condo for Rent

Available Now

653 Plantation St

WorcesterMA01605
property at 66 Myrtle Ave

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

3 Bedroom, 1 Bath Condo for Rent

Available Jun 1

66 Myrtle Ave

FitchburgMA01420

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.

property at 20 Graham St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

3 Bedroom, 1 Bath Condo for Rent

Available Now

20 Graham St

GardnerMA01440

Princeton, MA Local Guide

Cheapest Available Princeton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Princeton, MA is a 1 Bed unit found at Anwelt Heritage - A 55+ Community in the West Fitchburg neighborhood priced from $1,262. 40 & 50 Great Brook Valley Ave in the Greendale neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,446. Here is today’s list of the most affordable Princeton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Anwelt Heritage - A 55+ Community1 Bedroom Affordable/Income Restriction1BR,1BA$1,262
40 & 50 Great Brook Valley Ave1 Bedroom 1 Bathroom - Income Restricted1BR,1BA$1,446
Moran Square2 Beds 1 Bath2BR,1BA$1,510

Best Value Apartments for Rent in Princeton, MA and Nearby

As of April 24, 2026 the best value apartment in the Princeton area is the $1.19 price per square foot 2 Bed 1 Bath Model at Lofts at Lancaster Mills in the starting from $2,045. The second greatest value Princeton apartment is the The Chestnut - 2BR with Loft Model at Birchwood Hills starting at $3,300 with a $2.08 price per square foot in the Outer Greater Merrimack Valley neighborhood. 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.
Lofts at Lancaster Mills2 Bed 1 Bath2BR,1BA$1.19
Birchwood HillsThe Chestnut - 2BR with Loft2BR,1.5BA$2.08
Town and Country ApartmentsTwo Bedroom, Two Bathroom2BR,2BA$1.83
92 on North MainA2252BR,1BA$1.60
Meadowbrook Village2-TDL2BR,1.5BA$1.71
Highland WestAuburn1BR,1BA$2.00
Anwelt Heritage - A 55+ Community2 Bedroom Affordable2BR,1BA$1.52
Towne Lyne Village2x1 10002BR,1BA$2.10
Liberty Place Apartments2 Bed/ 1 Bath2BR,1BA$1.91
Moran Square1 Bed 1 Bath1BR,1BA$2.02

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.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash 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.

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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.

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

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Frequently Asked Questions about Princeton

What type of rentals are currently available in Princeton?

There are currently 50 Apartments for Rent in Princeton, MA with pricing that ranges from $1,125 to $4,105. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Princeton ranging from $1,600 to $4,900.

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 $1,600 to $4,900 with an average monthly rent of $2,948.

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

decorative image for Local Secrets: Finding the Top Affordable Neighborhoods for Renting in Worcester article

Local Secrets: Finding the Top Affordable Neighborhoods for Renting in Worcester

Written by: Kevin Wesley

Worcester is a vibrant, culturally rich and diverse city at the heart of central Massachusetts.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.