Cheap Apartments for Rent in Princeton, TX from $400 (91 Rentals)

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

property at 1022 Rosewood St

$950

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$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Townhome for Rent

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1022 Rosewood St

PrincetonTX75407
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Buffalo Run
Rent Specials
$1,019 - $1,061
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$1,019 - $1,061

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1 to 2 Bedroom Apartments Available Now

Buffalo Run

520 2nd St SPrinceton, TX 75407
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Southgate Apartments
Rent Specials
$1,144 - $1,793
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$1,144 - $1,793

Total Monthly Price
$1,144 - $1,793
1 to 3 Bedroom Apartments Available Now

Southgate Apartments

200 Cole StPrinceton, TX 75407
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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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Hazelwood Apartments
1 to 3 Bedroom Apartments

Hazelwood Apartments

500 E Hazelwood StPrinceton, TX 75407
  • Utilities Included
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Buffalo Ridge
1 to 2 Bedroom Apartments

Buffalo Ridge

133 S 4th StPrinceton, TX 75407
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Whitewing Flats
1 to 3 Bedroom Apartments

Whitewing Flats

600 W Monte Carlo BlvdPrinceton, TX 75407

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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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.

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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Princeton, TX Local Guide

Cheapest Neighborhoods for Apartments in Princeton, TX

Pricing Updated: 05/26/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Forest Grove$2,280$1,019130

Cheapest Available Princeton Apartments for Rent

 

The cheapest available apartment rental in Princeton, TX is a 1 Bed unit found at Newsome Homes in the Timber Creek neighborhood priced from $640. The Starling in the Rowlett Wylie neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $930. Here is today’s list of the most affordable Princeton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Newsome HomesA11BR,1BA$640
The StarlingA2P1BR,1BA$930
Provision at MelissaA1-501BR,1BA$994
Buffalo Run2 Bedroom 1 Bath2BR,1BA$1,019
Brixton McKinney ApartmentsA21BR,1BA$1,029
The WhitleyA1P/A1AP1BR,1BA$1,049
Whitewing Flats1A1BR,1BA$1,054
WoodlynA11BR,1BA$1,067
Davis at the SquareE1Studio,1BA$1,070
OaklynA11BR,1BA$1,077

Best Value Apartments for Rent in Princeton, TX

As of May 26, 2026 the best value apartment in the Princeton area is the $1.02 price per square foot Randolph Model at The Townhomes at Monticello in the in the Forest Grove neighborhood starting from $1,995. The second greatest value Princeton apartment is the TH1 Model at Townhomes at Princeton Meadows starting at $1,889 with a $1.16 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Townhomes at MonticelloRandolph3BR,2.5BA$1.02
Townhomes at Princeton MeadowsTH13BR,2.5BA$1.16
Whitewing Flats3A3BR,2BA$1.19
The StarlingC13BR,2BA$1.31
The WhitleyA3DA1BR,1BA$1.48
Tuscany at Wilson CreekTC 2X22BR,2BA$1.55
Buffalo Ranch ApartmentsB-12BR,1BA$1.29
Eight 99 at HazelwoodOne Bedroom - Brazos1BR,1BA$1.50
WoodlynA11BR,1BA$1.51
Newsome HomesA11BR,1BA$0.97

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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Remember the 3 Rules of Real Estate:
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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 $1,077.

What is the price of a cheap apartment in Princeton?

The cheapest apartment in Princeton is Newsome Homes which is listed at $640, while the average apartment in Princeton costs $2,280.

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 15 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 $253 which is $2,027 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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.