Cheap Homes for Rent in Princeton, TX from $700 (103 Rentals)

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

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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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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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
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

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 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

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 6739 Fairview Ave

$1,650

3 Bedroom, 2 Bath Rentals

Available Now

Unit

6739 Fairview Ave
PrincetonTX75407
property at 5609 Timber Point Dr

$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 Sep 1

5609 Timber Point Dr

PrincetonTX75407

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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Showing Results 1-50, Page 1 of 3

Princeton, TX Local Guide

Cheapest Neighborhoods for Apartments in Princeton, TX

Pricing Updated: 08/19/2026

Current apartment rentals in the Princeton, TX area range in price from $770 to $5,900 with an overall median price of $2,098. Here is today’s list neighborhoods with the lowest median pricing for Princeton Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Forest Grove$2,098$770209

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$972
The Gables of McKinney1A1BR,1BA$989
Magnolia RanchA1 Essential Signature1BR,1BA$1,014
Brixton McKinney ApartmentsA21BR,1BA$1,027
Collin SquareA11BR,1BA$1,036
Eight 99 at HazelwoodOne Bedroom - Brazos (Income-Restricted)1BR,1BA$1,040
McKinney VillageThe Foxx1BR,1BA$1,065
OaklynA21BR,1BA$1,067

Best Value Apartments for Rent in Princeton, TX

As of August 19, 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$1.47
1701 at EldoradoB12BR,2BA$1.40
Whitewing Flats1B1BR,1BA$1.20
El Lago2 Bed 1 Bth 1006sf (926 Net)2BR,1BA$1.56
McKinney VillageThe Henley1BR,1BA$1.51
Eight 99 at HazelwoodOne Bedroom - Brazos1BR,1BA$1.51
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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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

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Frequently Asked Questions about Princeton

What type of rentals are currently available in Princeton?

There are currently 76 Apartments for Rent in Princeton, TX with pricing that ranges from $989 to $9,132. There are also 399 Single Family Homes for rent, Condos, and Townhome rentals currently available in Princeton ranging from $770 to $18,000.

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 $770 to $18,000 with an average monthly rent of $2,188.

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 $1,465 to $9,132, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,695.

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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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.

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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.

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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.