Cheap Apartments for Rent in Princeton, TX from $400 (26 Rentals)

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

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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Hazelwood Apartments
1 to 2 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

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.

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.

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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McKinney Village
Studio to 2 Bedroom Apartments

McKinney Village

201 McKinney Village PkyMcKinney, TX 75069

Princeton, TX Local Guide

Cheapest Neighborhoods for Apartments in Princeton, TX

Pricing Updated: 07/09/2025

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$2,463$897119

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 $614. Lakes of Eldorado in the McKinney Greens neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,017. Here is today’s list of the most affordable Princeton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Newsome HomesA11BR,1BA$614
Lakes of EldoradoVista1BR,1BA$1,017
Oaklyn Apartment HomesA11BR,1BA$1,039
Larkin Apartment HomesA1R1BR,1BA$1,046
Woodlyn Apartment HomesA11BR,1BA$1,064
McKinney VillageThe AutryStudio,1BA$1,090
The StarlingA2P1BR,1BA$1,092
Magnolia RanchA1F1BR,1BA$1,099
The Gables of McKinney1A1BR,1BA$1,105
The WaldonA11BR,1BA$1,175

Best Value Apartments for Rent in Princeton, TX

As of July 09, 2025 the best value apartment in the Princeton area is the $1.10 price per square foot TH1 Model at Townhomes at Princeton Meadows in the in the Forest Grove neighborhood starting from $1,799. The second greatest value Princeton apartment is the 3A Model at Whitewing Flats starting at $1,864 with a $1.28 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.
Townhomes at Princeton MeadowsTH13BR,2.5BA$1.10
Whitewing Flats3A3BR,2BA$1.28
Oxenfree PrincetonElevate 3 x 23BR,2BA$1.65
Mason Apartment HomesDiamond3BR,2BA$1.63
Ascend at McKinney NorthB22BR,2BA$1.61
1701 at EldoradoB12BR,2BA$1.34
Stonegate ApartmentsB22BR,2BA$1.26
Brixton McKinney ApartmentsB12BR,1BA$1.43
Woodlyn Apartment HomesA11BR,1BA$1.51
Newsome HomesA11BR,1BA$0.93

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Pet Friendly Lifestyle
Princeton, TX

Ranked #243

Among cities in Texas for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Princeton, TX Rentals by Map

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Getting Around Princeton, TX

Walk Score®

26 / 100

Car-Dependent

Most errands require a car

Bike Score®

31 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $1,175.

What is the price of a cheap apartment in Princeton?

The cheapest apartment in Princeton is 380 Villas which is listed at $581, while the average apartment in Princeton costs $2,463.

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 22 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 $440 which is $2,023 cheaper than the average rent for all rentals in Princeton.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.