490 3rd St S
Waite ParkMN56387
Cheap Homes for Rent in Princeton, MN from $1,200 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Princeton.
723 5th Ave S
St. CloudMN56301
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.
240 2nd Ave
FoleyMN56329
301 3rd St E
MonticelloMN55362
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.
860 Independence Dr
Big LakeMN55309
Showing Results 1-5, Page 1 of 1
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 | $1,939 | $1,295 | $2,395 |
| Princeton 3 Bedroom Homes for Rent | $2,387 | $1,895 | $3,400 |
| Princeton 4 Bedroom Homes for Rent | $3,654 | $1,500 | $7,900 |
| Princeton 5 Bedroom Homes for Rent | $4,333 | $2,600 | $6,900 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Princeton
Explore Princeton
Princeton, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 |
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 Article
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.
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 Public School District
Public School - Grades PK-5 (720)
0 out of 10
Princeton Senior High School
Princeton Public School District
Public School - Grades 9-12 (979)
6 out of 10
Princeton Intermediate School
Princeton Public School District
Public School - Grades K-5 (746)
7 out of 10
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
Do you know the Princeton area?
Let everyone know!
Write a Review
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 58 Apartments for Rent in Princeton, MN with pricing that ranges from $920 to $2,494. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Princeton ranging from $1,295 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 $1,295 to $7,900 with an average monthly rent of $3,078.
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.