
Cheap Apartments for Rent in Princeton, MN from $700 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Princeton.


Princeton Residential Suites

Rum River Residential Suites

925 West Branch St

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Milaca Apartments

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Meadow Creek Village

Pinewood Estates

Goldenrod Glen

River Garden Apartments
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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Depot on Main

The 601 Apartments

Isanti Village Apartments

Ridgewood Manor Partnership

Prairie Village

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Jackson Hills Apartments

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Dove Tree Apartments

Elk Crossing Apartments

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Sherburne Park Estates
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.

The Emerald Apartments & Townhomes

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Station Street Apartments

Birch Grove Estates

Northern Star Apartments

The Commons On Whiskey Road

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The Lodge at Oak Landing

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Fairway Ridge Estates

Lions Park Apartments

Dove Terrace
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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Park Brook Apartments

Courtyard Apartments

Ashbury Residential Suites

Town Square Residential Suites

555 Highway 23 E

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Evans Meadows

Sunrise Court Apartments

Isanti Village II

The Bridgewell Apartments
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.

Marketplace Crossing

Elk Ridge Lodge

490 3rd St S

Heartland Point, LLC

Legacy Townhomes

723 5th Ave S

240 2nd Ave

301 3rd St E

860 Independence Dr
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.
Princeton, MN Local Guide

How much does it cost to rent an apartment in Princeton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Princeton Studio Apartments | $1,255 | $1,115 | $1,455 |
| Princeton 1 Bedroom Apartments | $1,408 | $994 | $1,854 |
| Princeton 2 Bedroom Apartments | $1,555 | $920 | $2,115 |
| Princeton 3 Bedroom Apartments | $1,637 | $1,290 | $2,494 |
Browse Top Apartments in Princeton
See all Apartments in PrincetonExplore Princeton
Princeton, MN Local Guide
- Nearby Cities
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Cheapest Available Princeton Apartments for Rent and Nearby
 The cheapest available apartment rental in Princeton, MN is a 1 Bed unit found at Isanti Village Apartments in the Isanti Northern Suburbs neighborhood priced from $1,115. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Isanti Village Apartments | One Bedroom One Bathroom BLDG D | 1BR,1BA | $1,115 |
| Isanti Village II | One Bedroom One Bathroom BLDG D | 1BR,1BA | $1,115 |
| Prairie Village | Two Bedroom/ Two Bathroom | 2BR,1BA | $1,160 |
| Jackson Hills Apartments | The Bunker - CONTACT FOR AVAILABILITY | Studio,1BA | $1,189 |
| Dove Tree Apartments | 1 Bedroom C | 1BR,1BA | $1,195 |
| Rum River Residential Suites | Studio | Studio,1BA | $1,195 |
| The Emerald Apartments & Townhomes | Studio | 1BR,1BA | $1,241 |
| Princeton Residential Suites | 1 Bedroom H & I 3/4 Bath | 1BR,1BA | $1,300 |
| The 601 Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,320 |
| The Lodge at Oak Landing | One Bedroom One Bathroom | 1BR,1BA | $1,392 |
Best Value Apartments for Rent in Princeton, MN and Nearby
As of June 05, 2026 the best value apartment in the Princeton area is the $1.78 price per square foot Pineview Available NOW! Model at Fairway Ridge Estates in the in the Clemens Munsinger Gardens neighborhood starting from $2,115. The second greatest value Princeton apartment is the Open Concept Model at 555 Highway 23 E starting at $1,650 with a $1.50 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. |
|---|---|---|---|
| Fairway Ridge Estates | Pineview Available NOW! | 2BR,2BA | $1.78 |
| 555 Highway 23 E | Open Concept | 2BR,1BA | $1.50 |
| Park Brook Apartments | 2 Bedroom/2 Bath Apartment (Building B) | 2BR,2BA | $1.60 |
| Ashbury Residential Suites | The Snowy Owl | 2BR,1BA | $1.55 |
| Lions Park Apartments | Two Bedroom/ One Bath | 2BR,1BA | $1.45 |
| Prairie Village | Two Bedroom/ Two Bathroom | 2BR,1.5BA | $1.21 |
| Dove Terrace | 2 Bedroom A - 871 | 2BR,1BA | $1.64 |
| Princeton Residential Suites | 1 Bedroom H & I 3/4 Bath | 1BR,1BA | $1.60 |
| Isanti Village II | One Bedroom One Bathroom BLDG D | 1BR,1BA | $1.59 |
| Isanti Village Apartments | One Bedroom One Bathroom BLDG D | 1BR,1BA | $1.59 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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, MN
Princeton Primary School
Princeton Senior High School
Princeton Intermediate School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Princeton, MN Rentals by Map
See the most popular apartments and homes in Princeton, MN
Princeton, MN Area Reviews
NoMan • 4+ years in Princeton
June 8, 2025It 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 $1,115 at Isanti Village II.
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 $1,160 at Prairie Village.
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

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.