Cheap Apartments for Rent in Princeton, MO from $500 (51 Rentals)

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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Maryville Meadows
2 to 3 Bedroom Apartments

Maryville Meadows

324 E Summit DrMaryville, MO 64468

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 105 S 12th St

105 S 12th St

SavannahMO64485
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501 S Osteopathy Ave
1 Bedroom Apartments

501 S Osteopathy Ave

501 S Osteopathy AveKirksville, MO 63501
Student Housing
  • Utilities Included
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University Point
2 Bedroom Apartments

University Point

1217 W 16th StMaryville, MO 64468
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Princeton, MO Local Guide

Cheapest Available Princeton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Princeton, MO is a 1 Bed unit found at Parkway Village Apartments priced from $540. Unicorn Apartments in the Forest Oaks neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $600. Here is today’s list of the most affordable Princeton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parkway Village Apartments1 Bedroom1BR,1BA$540
Unicorn ApartmentsSmall Efficiency Apartment!Studio,1BA$600
Forest Cove Apartments1x1 Small1BR,1BA$615
Mitchell Park PlazaS1 - Standard StudioStudio,1BA$650
Foxwood ApartmentsB12BR,1BA$676
Halls of Brookfield - 55+ Years2 Bed 1 Bath2BR,1BA$685
HL29 Modern FlatsStudioStudio,1BA$725
East Park Apartments1/2 Story Down2BR,1BA$750
Woodland TraceOne Bed One Bath-Small1BR,1BA$750
Summit House Apartments2 Bedroom 1 Bathroom2BR,1BA$755

Best Value Apartments for Rent in Princeton, MO and Nearby

As of May 28, 2025 the best value apartment in the Princeton area is the $1.00 price per square foot Two Bed Model at Linden East Apartments in the in the Easton Park neighborhood starting from $900. The second greatest value Princeton apartment is the 2BR/1.0BA Model at Orchard Lane Apartments starting at $850 with a $0.96 price per square foot . 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.
Linden East ApartmentsTwo Bed2BR,1BA$1.00
Orchard Lane Apartments2BR/1.0BA2BR,1BA$0.96
Foxwood ApartmentsB22BR,1BA$0.84
Northern Plains by KadingCottage - 22BR,1BA$1.07
Halls of Brookfield - 55+ Years2 Bed 1 Bath2BR,1BA$0.83
Forest Cove Apartments2x12BR,1BA$0.95
Next Level Apartments - Deer RunB12BR,1BA$1.03
Summit House Apartments2 Bedroom 1 Bathroom2BR,1BA$0.95
Tisdale Apartments2 Bedroom2BR,1BA$1.09
Parkway Village Apartments2 Bedroom Remodeled2BR,2BA$0.99

Quick Rent Budget Calculator

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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!

Explore Princeton, MO Rentals by Map

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See the most popular apartments and homes in Princeton, MO

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Getting Around Princeton, MO

Walk Score®

31 / 100

Car-Dependent

Most errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Princeton Apartments

What is the Cheapest Studio apartment in Princeton?

Currently the most affordable Cheap Studio Apartment in Princeton is at Unicorn Apartments listed at $600.

How much is rent for a Cheap One Bedroom Princeton Apartment?

The lowest price for a Cheap One Bedroom Princeton Apartment is $540 at Parkway Village Apartments.

What is the lowest price for a Cheap Two Bedroom Princeton Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Princeton is starting from $676 at Foxwood Apartments.

What is the most affordable Princeton Three Bedroom Apartment?

The best deal on a cheap Princeton Three Bedroom Apartment rental is at Forest Cove Apartments and starts from $899.

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.