Cheap Homes for Rent in Princeton, TX from $1,200 (80 Rentals)

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Search the lowest-cost Homes 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.

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.

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
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

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.

property at 320 Dewberry St

$1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,695

Total Monthly Price
$1,695

3 Bedroom, 2 Bath Home for Rent

Available Now

320 Dewberry St

PrincetonTX75407

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.

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.

Princeton, TX Local Guide

Cheapest Neighborhoods for Apartments in Princeton, TX

Pricing Updated: 07/05/2026

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$3,000$1,250211

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. Provision at Melissa in the Villages of Melissa neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $720. Here is today’s list of the most affordable Princeton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Newsome HomesA11BR,1BA$640
Provision at MelissaA1-501BR,1BA$720
Magnolia RanchA1 Essential1BR,1BA$984
Buffalo Run1 Bedroom 1 Bath1BR,1BA$1,016
OaklynA11BR,1BA$1,037
The Gables of McKinney1A1BR,1BA$1,044
WoodlynA11BR,1BA$1,067
Davis at the SquareE1Studio,1BA$1,070
Lakes of EldoradoVista1BR,1BA$1,073
McKinney VillageThe CrawfordStudio,1BA$1,080

Best Value Apartments for Rent in Princeton, TX

As of July 05, 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 B1 Model at Townhomes at Princeton Meadows starting at $1,849 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Townhomes at MonticelloJefferson3BR,3.5BA$1.27
Townhomes at Princeton MeadowsB12BR,2.5BA$1.13
Whitewing Flats3A3BR,2BA$1.13
Landing at Willow GroveVanderbilt 3rd floor3BR,2BA$1.45
Oxenfree PrincetonElevate 3 x 23BR,2BA$1.49
1701 at EldoradoB12BR,2BA$1.40
Treymore at McKinneyB3-MKT2BR,2BA$1.37
The Rustic of McKinney2 Bedroom Upgraded2BR,2BA$1.37
Eight 99 at HazelwoodOne Bedroom - Brazos1BR,1BA$1.53
WoodlynA11BR,1BA$1.51

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

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.

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

Explore Princeton, TX Rentals by Map

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Frequently Asked Questions about Princeton

What type of rentals are currently available in Princeton?

There are currently 74 Apartments for Rent in Princeton, TX with pricing that ranges from $984 to $9,523. There are also 387 Single Family Homes for rent, Condos, and Townhome rentals currently available in Princeton ranging from $1,250 to $4,200.

What is the current price range for Rental Homes in Princeton?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Princeton ranges from $1,250 to $4,200 with an average monthly rent of $2,172.

How much are larger Three and Four Bedroom Rentals in Princeton?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Princeton range from $1,307 to $9,523, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,680. Four Bedroom Single-Family rentals are also available starting from $1,520 and Four Bedroom Apartments start at $1,795.

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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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.