109 19th Ave SE
CambridgeMN55008
Cheap Homes for Rent in Princeton, MN from $1,500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Princeton.
11448 Town Center Dr
Saint MichaelMN55376
2100 4th Ln SE
CambridgeMN55008
2200 4th Ln SE
CambridgeMN55008
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.
9283 Oriole Ln
MonticelloMN55362
11683 Alpine Dr
MonticelloMN55362
12806 43rd St NE
Saint MichaelMN55376
26315 111th Street NW
ZimmermanMN55398
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.
14583 Olivine Terrace NW
RamseyMN55303
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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 | $1,986 | $1,500 | $2,727 |
| Princeton 3 Bedroom Homes for Rent | $2,375 | $1,950 | $3,400 |
| Princeton 4 Bedroom Homes for Rent | $3,606 | $2,250 | $7,900 |
| Princeton 5 Bedroom Homes for Rent | $5,425 | $2,800 | $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
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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 Meadow Creek Village priced from $932. River Garden Apartments in the Twin Lakes Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $948. Here is today’s list of the most affordable Princeton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadow Creek Village | 1BD/1BA - CONTACT FOR AVAILABILITY | 1BR,1BA | $932 |
| River Garden Apartments | 1 Bedroom | 1BR,1BA | $948 |
| Goldenrod Glen | 1 Bedroom, Income Restrictions | 1BR,1BA | $1,025 |
Best Value Apartments for Rent in Princeton, MN and Nearby
As of December 05, 2025 the best value apartment in the Princeton area is the $1.50 price per square foot Two Bedroom Two Bath Model at The Emerald Apartments & Townhomes in the in the Isanti Northern Suburbs neighborhood starting from $1,723. The second greatest value Princeton apartment is the Two Bedroom/ One Bath Model at Lions Park Apartments starting at $1,395 with a $1.45 price per square foot in the Twin Lakes Estates 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. |
|---|---|---|---|
| The Emerald Apartments & Townhomes | Two Bedroom Two Bath | 2BR,2BA | $1.50 |
| Lions Park Apartments | Two Bedroom/ One Bath | 2BR,1BA | $1.45 |
| Prairie Village Townhomes | Two Bedroom/ Two Bathroom | 2BR,1.5BA | $1.21 |
| Station Street Apartments | 2 Bedroom/1 Bath Apartment | 2BR,1BA | $1.57 |
| Sherburne Park Estates | 2 Bedroom | 2BR,1BA | $1.38 |
| Northern Star Apartments | 3B | 3BR,2BA | $1.49 |
| Princeton Residential Suites | 1 Bedroom IR H & I 3/4 Bath | 1BR,1BA | $1.54 |
| Elk Crossing Apartments | One Bedroom | 1BR,1BA | $1.46 |
| River Garden Apartments | 1 Bedroom | 1BR,1BA | $1.26 |
| Meadow Creek Village | 1BD/1BA - CONTACT FOR AVAILABILITY | 1BR,1BA | $1.32 |
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
The 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 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-2 (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 3-5 (746)
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 54 Apartments for Rent in Princeton, MN with pricing that ranges from $910 to $2,115. There are also 42 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 $3,348.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.