Cheap Apartments for Rent in Princeton, MN from $700 (49 Rentals)

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

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925 W Branch St
1 to 2 Bedroom Apartments

925 W Branch St

925 W Branch StPrinceton, MN 55371
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Meadow Creek Village
$932 - $1,042
Total Monthly Price

Total Monthly Price

Base Rent
$913 - $1,023
Required Monthly Fees
$19

Total Monthly Price
$932 - $1,042
1 to 2 Bedroom Apartments Available Jan 1, 2099

Meadow Creek Village

160-170 Main StFoley, MN 56329
Cost Per Sq.Ft.
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Depot on Main
Rent Specials
$1,105 - $2,099
Total Monthly Price

Total Monthly Price

Base Rent
$1,063 - $2,057
Required Monthly Fees
$42

Total Monthly Price
$1,105 - $2,099
1 to 3 Bedroom Apartments Available Now

Depot on Main

26125 Main StZimmerman, MN 55398
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  • Utilities Included

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.

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Sherburne Park Estates
$1,224 - $1,464
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,205 - $1,445
Required Monthly Fees
$19

Total Monthly Price
$1,224 - $1,464
1 to 3 Bedroom Apartments Available Now

Sherburne Park Estates

400 Fern StBig Lake, MN 55309
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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.

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Dove Tree Apartments
Rent Specials
$1,350 - $1,750
Total Monthly Price

Total Monthly Price

Base Rent
$1,350 - $1,750

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Dove Tree Apartments

1105 Lions Park DrElk River, MN 55330
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  • 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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Evans Meadows
$1,719 - $4,320
Total Monthly Price

Total Monthly Price

Base Rent
$1,715 - $4,316
Required Monthly Fees
$4

Total Monthly Price
$1,719 - $4,320
1 to 3 Bedroom Apartments Available Now

Evans Meadows

341 Evans Ave NWElk River, MN 55330
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Isanti Village II
1 to 3 Bedroom Apartments

Isanti Village II

102 Dahlin Ave SEIsanti, MN 55040
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Marketplace Crossing
1 to 3 Bedroom Apartments

Marketplace Crossing

16940 Marketplace DrBig Lake, MN 55309
  • Utilities Included
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Elk Ridge Lodge
1 to 3 Bedroom Apartments

Elk Ridge Lodge

19522 Holt St NWElk River, MN 55330
  • Utilities Included
property at 490 3rd St S

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom, 2 Bath Townhome for Rent

Available Now

490 3rd St S

Waite ParkMN56387

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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Legacy Townhomes
2 to 3 Bedroom Apartments

Legacy Townhomes

1227 Garland St SCambridge, MN 55008
  • Utilities Included
property at 12654 Pond View Rd

$1,849

Total Monthly Price

Total Monthly Price

Base Rent
$1,849

Total Monthly Price
$1,849

3 Bedroom, 2 Bath Home for Rent

Available May 1

12654 Pond View Rd

ZimmermanMN55398
property at 591 William St

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895

3 Bedroom, 3 Bath Home for Rent

Available Now

591 William St

Big LakeMN55309
property at 22167 156th St NW

$1,899

Total Monthly Price

Total Monthly Price

Base Rent
$1,899

Total Monthly Price
$1,899

3 Bedroom, 1 Bath Home for Rent

Available May 1

22167 156th St NW

Elk RiverMN55330
property at 603 William St

$1,925

Total Monthly Price

Total Monthly Price

Base Rent
$1,925

Total Monthly Price
$1,925

3 Bedroom, 3 Bath Home for Rent

Available Jun 1

603 William St

Big LakeMN55309
property at 3901 9th Ln

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

4 Bedroom, 2 Bath Home for Rent

Available Now

3901 9th Ln

AnokaMN55303
property at 7224 147th Terrace NW

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

2 Bedroom, 2 Bath Home for Rent

Available May 1

property at 11523 37th Ave SE

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

3 Bedroom, 2.5 Bath Home for Rent

Available Now

11523 37th Ave SE

BeckerMN55308

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.

property at 11525 37th Ave SE

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

3 Bedroom, 2.5 Bath Townhome for Rent

Available Now

11525 37th Ave SE

BeckerMN55308
property at 11529 37th Ave SE

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

3 Bedroom, 2.5 Bath Home for Rent

Available Now

11529 37th Ave SE

BeckerMN55308
property at 11527 37th Ave SE

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

3 Bedroom, 2.5 Bath Home for Rent

Available Now

11527 37th Ave SE

BeckerMN55308
property at 860 Independence Dr

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom Rentals

Available Now

860 Independence Dr

Big LakeMN55309

Princeton, MN Local Guide

Cheapest Available Princeton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Princeton, MN is a 1 Bed unit found at River Garden Apartments in the Twin Lakes Estates neighborhood priced from $1,058. Isanti Village II in the Isanti Northern Suburbs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,115. Here is today’s list of the most affordable Princeton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
River Garden Apartments1 Bedroom1BR,1BA$1,058
Isanti Village IIOne Bedroom One Bathroom BLDG D1BR,1BA$1,115
Isanti Village ApartmentsOne Bedroom One Bathroom BLDG D1BR,1BA$1,115
Prairie VillageTwo Bedroom/ Two Bathroom2BR,1BA$1,160
Jackson Hills ApartmentsThe Bunker - CONTACT FOR AVAILABILITYStudio,1BA$1,189
Princeton Residential Suites1 Bedroom H & I 3/4 Bath1BR,1BA$1,300
The Emerald Apartments & TownhomesOne Bedroom One Bath1BR,1BA$1,310
Northern Star Apartments1 Bedroom1BR,1BA$1,315
Sherburne Park Estates2 Bedroom Deluxe2BR,1BA$1,318
The Lodge at Oak LandingStudio 1 bathroom plus denStudio,1BA$1,326

Best Value Apartments for Rent in Princeton, MN and Nearby

As of April 21, 2026 the best value apartment in the Princeton area is the $1.60 price per square foot 2 Bedroom/2 Bath Apartment (Building B) Model at Park Brook Apartments in the in the Isanti Northern Suburbs neighborhood starting from $1,550. The second greatest value Princeton apartment is the The Snowy Owl Model at Ashbury Residential Suites starting at $1,550 with a $1.60 price per square foot in the Clemens Munsinger Gardens 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.
Park Brook Apartments2 Bedroom/2 Bath Apartment (Building B)2BR,2BA$1.60
Ashbury Residential SuitesThe Snowy Owl2BR,1BA$1.60
Lions Park ApartmentsTwo Bedroom/ One Bath2BR,1BA$1.45
Station Street Apartments2 Bedroom/1 Bath Apartment2BR,1BA$1.59
Prairie VillageTwo Bedroom/ Two Bathroom2BR,1.5BA$1.21
The 601 Apartments2 Bedroom 1 Bathroom2BR,1BA$1.61
Sherburne Park Estates2 Bedroom2BR,1BA$1.44
Princeton Residential Suites1 Bedroom H & I 3/4 Bath1BR,1BA$1.60
Northern Star Apartments1 Bedroom1BR,1BA$1.64
River Garden Apartments1 Bedroom1BR,1BA$1.41

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

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.

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

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Princeton, MN Area Reviews

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NoMan4+ years in Princeton

June 8, 2025

It is okay if ur not gonna live here for 10+ years

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 $1,058 at River Garden Apartments.

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 $1,158 at River Garden Apartments.

What is the most affordable Princeton Three Bedroom Apartment?

The best deal on a cheap Princeton Three Bedroom Apartment rental is at Northern Star Apartments and starts from $1,695.

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 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.

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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.

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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.

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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.