Cheap Apartments for Rent in Princeton, TX from $997 (83 Rentals)

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

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The Starling
Rent Specials
$1,068 - $9,460
Total Monthly Price

Total Monthly Price

Base Rent
$1,068 - $9,460
Total Monthly Price
$1,068 - $9,460
1 to 3 Bedroom Apartments Available Now

The Starling

149 Princeton CrossroadPrinceton, TX 75407
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516 E Hazelwood St, Unit A
$1,495
Total Monthly Price

Total Monthly Price

Base Rent
$1,495
Total Monthly Price
$1,495
3 Bedroom Apartment Available Now

516 E Hazelwood St, Unit A

516 E Hazelwood StPrinceton, TX 75407
Affordability
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 525 Oxford Loop

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595
Total Monthly Price
$1,595

3 Bedroom, 2 Bath Home for Rent

Available Now

525 Oxford Loop

PrincetonTX75407
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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 Run
1 to 2 Bedroom Apartments

Buffalo Run

520 2nd St SPrinceton, TX 75407
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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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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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property at 6220 Sandpiper Ln

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595
Total Monthly Price
$1,595

4 Bedroom, 3 Bath Home for Rent

Available Now

6220 Sandpiper Ln

PrincetonTX75407

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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property at 9857 Co Rd 745

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

2 Bedroom, 2 Bath Home for Rent

Available Now

9857 Co Rd 745

PrincetonTX75407
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Oaklyn
Rent Specials
$997 - $1,572
Total Monthly Price

Total Monthly Price

Base Rent
$997 - $1,572
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Oaklyn

1600 Heritage DrMcKinney, TX 75069
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The Gables of McKinney
Rent Specials
$997 - $2,627
Total Monthly Price

Total Monthly Price

Base Rent
$997 - $2,627
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

The Gables of McKinney

1500 W Eldorado PkyMcKinney, TX 75069
Corporate Housing
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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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Princeton, TX Local Guide

Cheapest Neighborhoods for Apartments in Princeton, TX

Pricing Updated: 08/25/2026

Current apartment rentals in the Princeton, TX area range in price from $1,040 to $9,119 with an overall median price of $1,799. Here is today’s list neighborhoods with the lowest median pricing for Princeton Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Forest Grove$1,799$1,040112

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 $606. 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 ListingModel NameBed/BathPriced From
Provision at MelissaA1-301BR,1BA$606
Newsome HomesA11BR,1BA$640
Buffalo Run1 Bedroom 1 Bath1BR,1BA$884
The Gables of McKinney1A1BR,1BA$997
OaklynA11BR,1BA$997
Brixton McKinney ApartmentsA21BR,1BA$1,012
Magnolia RanchA1 Essential Signature1BR,1BA$1,014
Mason Apartment HomesAmethyst1BR,1BA$1,025
Eight 99 at HazelwoodOne Bedroom - Brazos (Income-Restricted)1BR,1BA$1,040
Buffalo Ranch ApartmentsA-11BR,1BA$1,047

Best Value Apartments for Rent in Princeton, TX

As of August 25, 2026 the best value apartment in the Princeton area is the $1.27 price per square foot Jefferson Model at The Townhomes at Monticello in the in the Forest Grove neighborhood starting from $2,500. The second greatest value Princeton apartment is the 516 E Hazelwood St Model at 516 E Hazelwood St, Unit A starting at $1,495 with a $1.08 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 MonticelloJefferson3BR,3.5BA$1.27
516 E Hazelwood St, Unit A516 E Hazelwood St3BR,2BA$1.08
Landing at Willow GroveVanderbilt 3rd floor3BR,2BA$1.45
Oxenfree PrincetonElevate 3 x 23BR,2BA$1.52
1701 at EldoradoB12BR,2BA$1.40
Whitewing Flats1B1BR,1BA$1.19
Buffalo RidgeB-12BR,1BA$1.53
Eight 99 at HazelwoodOne Bedroom - Brazos1BR,1BA$1.50
WoodlynA11BR,1BA$1.51
McKinney VillageThe Fawcett1BR,1BA$1.50

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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Princeton, TX

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Princeton Apartments

What is the price of a cheap apartment in Princeton?

The cheapest apartment in Princeton is Provision at Melissa which is listed at $606, while the average apartment in Princeton costs $1,799.

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 23 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 $268 which is $1,531 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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.