Cheap Apartments for Rent in Princeton, MN from $920 (45 Rentals)

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

property at 1402 1st St
$1,595

Total Monthly Price

Base Rent$1,595

Total Monthly Price$1,595
3 Bedroom, 1 Bath Home for Rent
Available Now

1402 1st St

PrincetonMN55371
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925 West Branch St
1 to 2 Bedroom Apartments

925 West Branch St

925 W Branch StPrinceton, MN 55371

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Depot on Main
$1,085 - $2,051

Total Monthly Price

Base Rent$1,077 - $2,043
Required Monthly FeesVaries

Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Depot on Main

26125 Main StZimmerman, MN 55398
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Rum River Apartments
$1,176 - $2,041

Total Monthly Price

Base Rent$1,165 - $2,030
Required Monthly FeesVaries

Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Rum River Apartments

603 3rd Ave NWIsanti, MN 55040
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Sherburne Park Estates
$1,224 - $1,464

Total Monthly Price

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

Total Monthly Price$1,224 - $1,464
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Sherburne Park Estates

400 Fern StBig Lake, MN 55309
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The Lodge at Oak Landing
Rent Specials
$1,241 - $1,927

Total Monthly Price

Base Rent$1,196 - $1,882
Required Monthly Fees$45

Total Monthly Price$1,241 - $1,927
Studio to 2 Bedroom Apartments Available Now

The Lodge at Oak Landing

1920 Old Main St SCambridge, MN 55008
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Park Brook Apartments
Rent Specials
$1,325 - $1,550

Total Monthly Price

Base Rent$1,325 - $1,550

Total Monthly PriceVaries
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Park Brook Apartments

810 7th Ave NEIsanti, MN 55040
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Dove Tree Apartments
Rent Specials
$1,378 - $1,540

Total Monthly Price

Base Rent$1,378 - $1,540

Total Monthly PriceVaries
12 Month Lease Term
Studio to 3 Bedroom Apartments Available Now

Dove Tree Apartments

1105 Lions Park DrElk River, MN 55330
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Fairway Ridge Estates
$1,394 - $2,119

Total Monthly Price

Base Rent$1,375 - $2,100
Required Monthly Fees$19

Total Monthly Price$1,394 - $2,119
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Fairway Ridge Estates

13896 Birdie Ln SEBecker, MN 55308
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Evans Meadows
$1,654 - $3,428

Total Monthly Price

Base Rent$1,650 - $3,424
Required Monthly Fees$4

Total Monthly Price$1,654 - $3,428
1 to 2 Bedroom Apartments Available Now

Evans Meadows

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

Isanti Village II

102 Dahlin Ave SEIsanti, MN 55040
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Elk Ridge Lodge
1 to 3 Bedroom Apartments

Elk Ridge Lodge

19522 Holt St NWElk River, MN 55330
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Heartland Point, LLC
1 to 3 Bedroom Apartments

Heartland Point, LLC

13515-13625 Bradley Blvd SEBecker, MN 55308
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Legacy Townhomes
2 to 3 Bedroom Apartments

Legacy Townhomes

1227 Garland St SCambridge, MN 55008
  • Utilities Included
property at 723 5th Ave S
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
12 Month Lease Term
4 Bedroom, 2.5 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

723 5th Ave S

St. CloudMN56301
property at 28584 Lakewood Dr NW
$1,600

Total Monthly Price

Base Rent$1,600

Total Monthly Price$1,600
2 Bedroom, 2 Bath Home for Rent
Available Now
Furnished
property at 230 Leighton Dr
$1,785

Total Monthly Price

Base Rent$1,785

Total Monthly Price$1,785
3 Bedroom, 1 Bath Townhome for Rent
Available Oct 10

230 Leighton Dr

Big LakeMN55309
property at 13849 Hyacinth Dr
$1,800

Total Monthly Price

Base Rent$1,800

Total Monthly Price$1,800
2 Bedroom, 2 Bath Townhome for Rent
Available Now

13849 Hyacinth Dr

RogersMN55374

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.

Princeton, MN Local Guide

Cheapest Available Princeton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Princeton, MN is a 2 Beds unit found at Prairie Village in the Clemens Munsinger Gardens neighborhood priced from $1,160. Heritage Crossing Apartments in the Isanti Northern Suburbs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,165. Here is today’s list of the most affordable Princeton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Prairie VillageTwo Bedroom/ Two Bathroom2BR,1BA$1,160
Heritage Crossing ApartmentsOne Bedroom One Bathroom BLDG B1BR,1BA$1,165
Isanti Village IIOne Bedroom One Bathroom BLDG B1BR,1BA$1,165
Rum River ApartmentsB22BR,1BA$1,186
The Emerald Apartments & TownhomesStudio1BR,1BA$1,241
Elk Crossing ApartmentsTwo Bedroom X-Large2BR,1BA$1,295
Park Brook ApartmentsOne Bedroom with Pantry1BR,1BA$1,325
Sherburne Park Estates2 Bedroom2BR,1BA$1,364
The Commons On Whiskey Road1 bedroom 2nd floor1BR,1BA$1,375
Dove Tree Apartments1 Bedroom F1BR,1BA$1,378

Best Value Apartments for Rent in Princeton, MN and Nearby

As of September 05, 2026 the best value apartment in the Princeton area is the $1.40 price per square foot 3 Bedroom Model at Northern Star Apartments in the in the Clemens Munsinger Gardens neighborhood starting from $1,695. The second greatest value Princeton apartment is the 3 Bedroom (60%) Model at The Bridgewell Apartments starting at $1,784 with a $1.53 price per square foot in the Isanti Northern Suburbs 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.
Northern Star Apartments3 Bedroom3BR,2BA$1.40
The Bridgewell Apartments3 Bedroom (60%)3BR,1.75BA$1.53
555 Highway 23 EOpen Concept2BR,1BA$1.50
Elk Crossing ApartmentsTwo Bedroom X-Large2BR,1BA$1.22
Rum River ApartmentsB32BR,1BA$1.30
Ashbury Residential SuitesThe Snowy Owl2BR,1BA$1.58
Lions Park ApartmentsTwo Bedroom/ One Bath2BR,1BA$1.45
Prairie VillageTwo Bedroom/ Two Bathroom2BR,1.5BA$1.21
Sherburne Park Estates2 Bedroom2BR,1BA$1.44
The 601 Apartments2 Bedroom 1 Bathroom2BR,1BA$1.61

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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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.

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Real 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.

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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 $1,165 at Heritage Crossing 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 $1,160 at Prairie Village.

What is the most affordable Princeton Three Bedroom Apartment?

The best deal on a cheap Princeton Three Bedroom Apartment rental is at Dove Terrace and starts from $1,535.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.