223 S Main St
CambridgeMN55008
Cheap Homes for Rent near Princeton, MN from $895 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Princeton.
723 5th Ave S
St. CloudMN56301
28584 Lakewood Dr NW
IsantiMN55040
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.
122 5th Ave SE
St. CloudMN56304
230 Leighton Dr
Big LakeMN55309
13174 Meadowood Curve
Coon RapidsMN55448
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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Princeton, MN Local Guide
Trail track into the distance by Nick Ortloff is licensed under CC BY 2.0
How much does it cost to rent a home in Princeton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Princeton 2 Bedroom Homes for Rent | $1,967 | $1,600 | $2,295 |
| Princeton 3 Bedroom Homes for Rent | $2,314 | $1,785 | $3,495 |
| Princeton 4 Bedroom Homes for Rent | $3,715 | $1,500 | $7,900 |
| Princeton 5 Bedroom Homes for Rent | $3,648 | $1,850 | $6,900 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Princeton, MN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Prairie Village | Two Bedroom/ Two Bathroom | 2BR,1BA | $1,160 |
| Heritage Crossing Apartments | One Bedroom One Bathroom BLDG B | 1BR,1BA | $1,165 |
| Isanti Village II | One Bedroom One Bathroom BLDG B | 1BR,1BA | $1,165 |
Best Value Apartments for Rent in Princeton, MN and Nearby
As of September 12, 2026 the best value apartment in the Princeton area is the $1.25 price per square foot C2 Model at Rum River Apartments in the in the Isanti Northern Suburbs neighborhood starting from $1,606. The second greatest value Princeton apartment is the 3 Bedroom Model at Northern Star Apartments starting at $1,695 with a $1.40 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Rum River Apartments | C2 | 3BR,2BA | $1.25 |
| Northern Star Apartments | 3 Bedroom | 3BR,2BA | $1.40 |
| The Bridgewell Apartments | 3 Bedroom (60%) | 3BR,1.75BA | $1.53 |
| Marketplace Crossing | Three Bedroom | 3BR,2BA | $1.18 |
| 555 Highway 23 E | Open Concept | 2BR,1BA | $1.50 |
| Elk Crossing Apartments | Two Bedroom X-Large | 2BR,1BA | $1.22 |
| Ashbury Residential Suites | The Snowy Owl | 2BR,1BA | $1.58 |
| Lions Park Apartments | Two Bedroom/ One Bath | 2BR,1BA | $1.45 |
| Prairie Village | Two Bedroom/ Two Bathroom | 2BR,1.5BA | $1.21 |
| Sherburne Park Estates | 2 Bedroom | 2BR,1BA | $1.44 |
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 Article
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.
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.
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Best Local Schools in Princeton, MN
Princeton Primary School
Princeton Public School District
Public School - Grades PK-5 (639)
0 out of 10
Princeton Senior High School
Princeton Public School District
Public School - Grades 9-12 (940)
6 out of 10
Princeton Intermediate School
Princeton Public School District
Public School - Grades K-5 (675)
7 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Princeton, MN Area Reviews
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NoMan • 4+ years in Princeton
June 8, 2025It is okay if ur not gonna live here for 10+ years
Frequently Asked Questions about Princeton
What type of rentals are currently available in Princeton?
There are currently 59 Apartments for Rent in Princeton, MN with pricing that ranges from $920 to $2,494. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Princeton ranging from $1,500 to $7,900.
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 $1,500 to $7,900 with an average monthly rent of $2,763.
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
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.
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.
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.
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.