Cheap Apartments for Rent in Princeton, MO from $400 (53 Rentals)

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

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.

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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.

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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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Maryville Meadows
2 to 3 Bedroom Apartments

Maryville Meadows

324 E Summit DrMaryville, MO 64468
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CityView Lofts
Studio to 2 Bedroom Apartments

CityView Lofts

201 S 10th StSt. Joseph, MO 64501
  • Utilities Included

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.

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1833 Curtis Ave
1 to 2 Bedroom Apartments

1833 Curtis Ave

1833 Curtis AveChariton, IA 50049
Corporate Housing
  • Utilities Included
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Tisdale Apartments
2 Bedroom Apartments

Tisdale Apartments

232 E 4th StOttumwa, IA 52501
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Indianola Park 1
1 to 2 Bedroom Apartments

Indianola Park 1

902 N 14th StIndianola, IA 50125
  • Utilities Included
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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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The Bridges
1 to 2 Bedroom Apartments

The Bridges

1111 N 8th AveWinterset, IA 50273
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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 Studio unit found at Karlton Apartments priced from $415. Parkway Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $540. Here is today’s list of the most affordable Princeton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Karlton ApartmentsStudioStudio,1BA$415
Parkway Village ApartmentsOne Bedroom1BR,1BA$540
Unicorn ApartmentsSmall Efficiency Apartment!Studio,1BA$625
Mitchell Park Plaza ApartmentS3 - Corner StudioStudio,1BA$688
Sunset ApartmentsStudio, 1 baStudio,1BA$725
HL29 Modern FlatsStudioStudio,1BA$725
Orchard MeadowsB1 Classic2BR,1BA$750
Summit House Apartments2 Bedroom 1 Bathroom2BR,1BA$755
Brittany Village1 bd1BR,1BA$790
Northern Plains by KadingCottage - 22BR,1BA$795

Best Value Apartments for Rent in Princeton, MO and Nearby

As of June 10, 2026 the best value apartment in the Princeton area is the $1.00 price per square foot 3 bed 2 bath Model at Sunset Terrace in the in the Easton Park neighborhood starting from $1,220. The second greatest value Princeton apartment is the 3 Bedroom 2 Bathroom Model at Country Club Estates starting at $950 with a $0.93 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.
Sunset Terrace3 bed 2 bath3BR,2BA$1.00
Country Club Estates3 Bedroom 2 Bathroom3BR,2BA$0.93
Cottonwood CreekTwo Bedroom2BR,2BA$0.98
Linden East ApartmentsTwo Bed2BR,1BA$1.00
Orchard LaneB1 Partially Renovated2BR,1BA$0.90
Northern PlainesCottage - 22BR,1BA$0.94
Foxwood ApartmentsB12BR,1BA$0.98
Summit House Apartments2 Bedroom 1 Bathroom2BR,1BA$0.95
Parkway Village ApartmentsTwo Bedroom (updated)2BR,1BA$0.99
Karlton ApartmentsStudioStudio ,1BA$0.83

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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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 Karlton Apartments listed at $415.

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 $690 at Parkway Village Apartments.

What is the most affordable Princeton Three Bedroom Apartment?

The best deal on a cheap Princeton Three Bedroom Apartment rental is at Northern Plaines and starts from $925.

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

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.