Cheap Homes for Rent in Princeton, MN from $1,000 (13 Rentals)

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

property at 502 S Rum River Dr

502 S Rum River Dr

PrincetonMN55371
property at 5796 Mt Curve Blvd

5796 Mt Curve Blvd

MonticelloMN55362
property at 225 3rd St E

225 3rd St E

MonticelloMN55362
property at 30496 Zodiac St NE

30496 Zodiac St NE

North BranchMN55056
property at 11397 16th St NE

11397 16th St NE

Saint MichaelMN55376
property at 6846 Gingham Ct

6846 Gingham Ct

MonticelloMN55362
property at 19933 MN-25

19933 MN-25

Big LakeMN55309
property at 5777 Spirit Hills Rd

5777 Spirit Hills Rd

MonticelloMN55362
property at 11683 Alpine Dr

11683 Alpine Dr

MonticelloMN55362
property at 420 Lexington Ave

420 Lexington Ave

Big LakeMN55309

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 Meadow Creek Village priced from $931. Goldenrod Glen in the Clemens Munsinger Gardens neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,025. Here is today’s list of the most affordable Princeton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Meadow Creek Village1BD/1BA - CONTACT FOR AVAILABILITY1BR,1BA$931
Goldenrod Glen1 Bedroom, Income Restrictions1BR,1BA$1,025
Princeton Residential SuitesStudio IRStudio,1BA$1,095
Park Brook ApartmentsStudioStudio,1BA$1,095
Rum River Residential SuitesStudioStudio,1BA$1,125

Best Value Apartments for Rent in Princeton, MN and Nearby

As of October 05, 2025 the best value apartment in the Princeton area is the $1.53 price per square foot 3 Bedroom (60%) Model at The Bridgewell Apartments in the in the Isanti Northern Suburbs neighborhood starting from $1,780. The second greatest value Princeton apartment is the 3BR Model at Heartland Point, LLC starting at $1,495 with a $1.42 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 Bridgewell Apartments3 Bedroom (60%)3BR,1.75BA$1.53
Heartland Point, LLC3BR3BR,2BA$1.42
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$1.57
Birch Grove Estates2 Bedroom / 1 Bath2BR,1BA$1.48
Marketplace CrossingTwo Bedroom2BR,1BA$1.25
Northern Star Apartments3B3BR,2BA$1.49
Sherburne Park Estates1BD/1BA - HC - CONTACT FOR AVAILABILITY1BR,1BA$1.38
Meadow Creek Village1BD/1BA - CONTACT FOR AVAILABILITY1BR,1BA$1.31

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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 54 Apartments for Rent in Princeton, MN with pricing that ranges from $687 to $2,227. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Princeton ranging from $1,049 to $6,000.

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 $1,049 to $6,000 with an average monthly rent of $2,647.

How much are larger Three and Four Bedroom Rentals in Princeton?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Princeton range from $1,260 to $2,227, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,799 and Four Bedroom Apartments start at $1,770.

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.

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! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.