490 3rd St S
Waite ParkMN56387
Cheap Homes for Rent in Princeton, MN from $1,200 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Princeton.
12654 Pond View Rd
ZimmermanMN55398
591 William St
Big LakeMN55309
22167 156th St NW
Elk RiverMN55330
603 William St
Big LakeMN55309
3901 9th Ln
AnokaMN55303
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.
7224 147th Terrace NW
RamseyMN55303
11523 37th Ave SE
BeckerMN55308
11525 37th Ave SE
BeckerMN55308
11529 37th Ave SE
BeckerMN55308
11527 37th Ave SE
BeckerMN55308
860 Independence Dr
Big LakeMN55309
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.
Showing Results 1-12, 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 | $1,763 | $1,295 | $2,000 |
| Princeton 3 Bedroom Homes for Rent | $2,270 | $1,849 | $3,400 |
| Princeton 4 Bedroom Homes for Rent | $3,660 | $1,995 | $7,900 |
| Princeton 5 Bedroom Homes for Rent | $4,900 | $2,900 | $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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| River Garden Apartments | 1 Bedroom | 1BR,1BA | $1,058 |
| Isanti Village II | One Bedroom One Bathroom BLDG D | 1BR,1BA | $1,115 |
| Isanti Village Apartments | 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 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Park Brook Apartments | 2 Bedroom/2 Bath Apartment (Building B) | 2BR,2BA | $1.60 |
| Ashbury Residential Suites | The Snowy Owl | 2BR,1BA | $1.60 |
| Lions Park Apartments | Two Bedroom/ One Bath | 2BR,1BA | $1.45 |
| Station Street Apartments | 2 Bedroom/1 Bath Apartment | 2BR,1BA | $1.59 |
| Prairie Village | Two Bedroom/ Two Bathroom | 2BR,1.5BA | $1.21 |
| The 601 Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.61 |
| Sherburne Park Estates | 2 Bedroom | 2BR,1BA | $1.44 |
| Princeton Residential Suites | 1 Bedroom H & I 3/4 Bath | 1BR,1BA | $1.60 |
| Northern Star Apartments | 1 Bedroom | 1BR,1BA | $1.64 |
| River Garden Apartments | 1 Bedroom | 1BR,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.
Read Article
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 ArticleThe 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.
Read ArticleCash 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.
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 56 Apartments for Rent in Princeton, MN with pricing that ranges from $920 to $2,494. There are also 36 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 $3,148.
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
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.
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.
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.
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.