
Cheap Apartments for Rent in Princeton, TX from $400 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in Princeton.


Buffalo Run

Total Monthly Price
The Starling

Hazelwood Apartments

1022 Rosewood St

Buffalo Ridge

Whitewing Flats

Provision at Melissa
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.

Newsome Homes

Lakes of Eldorado

Total Monthly Price
The Gables of McKinney

The Rustic of McKinney

Brixton McKinney Apartments

Magnolia Ranch

Grand Texan

The Bridge at McKinney
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.

Total Monthly Price
Heritage McKinney Square

Total Monthly Price
FarmHouse121

Total Monthly Price
El Lago

Larkin Apartment Homes

McKinney Village

Sorrel Fairview

Stonegate Apartments

1701 at Eldorado
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.

Total Monthly Price
Oaklyn

Total Monthly Price
Woodlyn

Buffalo Ranch Apartments

Fountainview at Farmersville

Total Monthly Price
The Waldon

Total Monthly Price
Landing at Willow Grove

Gala at Melissa

380 Villas
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.

Davis at the Square
Princeton, TX Local Guide

How much does it cost to rent an apartment in Princeton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Princeton Studio Apartments | $1,315 | $995 | $1,775 |
| Cheap Princeton 1 Bedroom Apartments | $1,421 | $554 | $2,434 |
| Cheap Princeton 2 Bedroom Apartments | $1,790 | $1,050 | $3,714 |
| Cheap Princeton 3 Bedroom Apartments | $2,450 | $753 | $4,949 |
| Cheap Princeton 4 Bedroom Apartments | $3,249 | $1,750 | $6,456 |
Browse Top Apartments in Princeton
See all Apartments in PrincetonExplore Princeton
Princeton, TX Local Guide
- Princeton Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Princeton, TX
Pricing Updated: 02/24/2026Current apartment rentals in the Princeton, TX area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Princeton Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Forest Grove | $2,445 | $1,015 | 107 |
Cheapest Available Princeton Apartments for Rent
 The cheapest available apartment rental in Princeton, TX is a 1 Bed unit found at Provision at Melissa in the Villages of Melissa neighborhood priced from $554. Newsome Homes in the Timber Creek neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $640. Here is today’s list of the most affordable Princeton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Provision at Melissa | A1-30 | 1BR,1BA | $554 |
| Newsome Homes | A1 | 1BR,1BA | $640 |
| Lakes of Eldorado | Vista | 1BR,1BA | $899 |
| Gala at Melissa | A1-50 | 1BR,1BA | $994 |
| Heritage McKinney Square | E1 | Studio,1BA | $995 |
| Buffalo Run | 1 Bedroom 1 Bath | 1BR,1BA | $1,015 |
| Brixton McKinney Apartments | A2 | 1BR,1BA | $1,031 |
| The Gables of McKinney | 1A Renovation 2 | 1BR,1BA | $1,034 |
| Magnolia Ranch | A1 | 1BR,1BA | $1,049 |
| The Starling | A1P | 1BR,1BA | $1,057 |
Best Value Apartments for Rent in Princeton, TX
As of February 24, 2026 the best value apartment in the Princeton area is the $1.58 price per square foot C2 Model at Townhomes at Sam Rayburn in the in the Villages of Melissa neighborhood starting from $2,622. The second greatest value Princeton apartment is the TH1 Model at Townhomes at Princeton Meadows starting at $1,850 with a $1.13 price per square foot in the Forest Grove 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. |
|---|---|---|---|
| Townhomes at Sam Rayburn | C2 | 3BR,2.5BA | $1.58 |
| Townhomes at Princeton Meadows | TH1 | 3BR,2.5BA | $1.13 |
| Oxenfree Princeton | Elevate 3 x 2 | 3BR,2BA | $1.55 |
| Whitewing Flats | 2B | 2BR,2BA | $1.35 |
| Country Lane Seniors McKinney | B | 2BR,1BA | $1.49 |
| Newsome Homes | B1 | 2BR,1BA | $1.36 |
| Buffalo Ranch Apartments | B-1 | 2BR,1BA | $1.42 |
| Larkin Apartment Homes | B1R | 2BR,2BA | $1.55 |
| Brixton McKinney Apartments | A2 | 1BR,1BA | $1.59 |
| Lakes of Eldorado | Vista | 1BR,1BA | $1.56 |
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 ArticleThe 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 ArticleCash 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.
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, TX
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Princeton, TX Rentals by Map
See the most popular apartments and homes in Princeton, TX
Frequently Asked Questions about Cheap Princeton Apartments
What is a cheap apartment in Princeton?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Princeton is under $1,057.
What is the price of a cheap apartment in Princeton?
The cheapest apartment in Princeton is Provision at Melissa which is listed at $554, while the average apartment in Princeton costs $2,445.
What types of apartments are the cheapest in Princeton?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 18 regular apartments in Princeton that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Princeton?
Cheap apartments in Princeton have an average cost of $130 which is $2,315 cheaper than the average rent for all rentals in Princeton.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.

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.