Cheap Homes for Rent in Princeton, MN from $1,700 (10 Rentals)

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

property at 220 Leighton Dr

$1,770

Total Monthly Price

Total Monthly Price

Base Rent
$1,770

Total Monthly Price
$1,770

2 Bedroom, 1 Bath Townhome for Rent

Available Now

220 Leighton Dr

Big LakeMN55309
property at 9219 Overlook Ln

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

3 Bedroom, 2.5 Bath Townhome for Rent

Available Feb 1

9219 Overlook Ln

MonticelloMN55362
property at 5538 153rd Ct NW

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

3 Bedroom, 2 Bath Condo for Rent

Available Now

5538 153rd Ct NW

RamseyMN55303

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.

property at 12806 43rd St NE

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895

2 Bedroom, 2 Bath Townhome for Rent

Available Now

12806 43rd St NE

Saint MichaelMN55376
property at 11683 Alpine Dr

$1,985

Total Monthly Price

Total Monthly Price

Base Rent
$1,985

Total Monthly Price
$1,985

3 Bedroom, 3 Bath Home for Rent

Available Now

11683 Alpine Dr

MonticelloMN55362
property at 26785 Fremont Dr

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom, 2 Bath Home for Rent

Available Feb 15

26785 Fremont Dr

ZimmermanMN55398
property at 14583 Olivine Terrace NW

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

3 Bedroom, 3 Bath Townhome for Rent

Available Now

property at 26315 111th Street NW

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

3 Bedroom, 3 Bath Home for Rent

Available Now

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.

Princeton, MN Local Guide

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 $948. Park Brook Apartments in the Isanti Northern Suburbs neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,095. Here is today’s list of the most affordable Princeton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
River Garden Apartments1 Bedroom1BR,1BA$948
Park Brook ApartmentsStudioStudio,1BA$1,095
Isanti Village ApartmentsOne Bedroom One Bathroom BLDG D1BR,1BA$1,115

Best Value Apartments for Rent in Princeton, MN and Nearby

As of January 19, 2026 the best value apartment in the Princeton area is the $1.38 price per square foot Three Bedroom 2.5 Bath Townhome Model at The Emerald Apartments & Townhomes in the in the Isanti Northern Suburbs neighborhood starting from $2,180. The second greatest value Princeton apartment is the 2A Model at Northern Star Apartments starting at $1,525 with a $1.49 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Emerald Apartments & TownhomesThree Bedroom 2.5 Bath Townhome3BR,2.5BA$1.38
Northern Star Apartments2A2BR,2BA$1.49
Birch Grove Estates2 Bedroom / 2 Bath2BR,2BA$1.62
Lions Park ApartmentsTwo Bedroom/ One Bath2BR,1BA$1.45
Prairie Village TownhomesTwo Bedroom/ Two Bathroom2BR,1.5BA$1.21
Station Street Apartments2 Bedroom/1 Bath Apartment2BR,1BA$1.58
Goldenrod Glen2 Bedroom, Income Restrictions2BR,1BA$1.44
Princeton Residential Suites1 Bedroom IR H & I 3/4 Bath1BR,1BA$1.54
Rum River Residential Suites1 Bedroom and 1 bath-IR1BR,1BA$1.60
River Garden Apartments1 Bedroom1BR,1BA$1.26

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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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.

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Cash 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.

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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.

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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 Princeton

What type of rentals are currently available in Princeton?

There are currently 55 Apartments for Rent in Princeton, MN with pricing that ranges from $910 to $2,272. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Princeton ranging from $1,770 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 $1,770 to $7,900 with an average monthly rent of $3,280.

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

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

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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.

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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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!