
Cheap Homes for Rent near Princeville, IL from $581 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Princeville.


1107 W Gilbert Ave

1824 N Gale Ave

3119 W Willow Knolls Dr

1102 W McClure Ave

611 W Matthews St
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.

814 W McClure Ave

1404 N Broadway St

903 W Purtscher Dr

1431 E Paris Ave

1311 W Maywood Ave

3438 Villa Ridge, Unit A
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.

103 Hollyhock Ln

2022 W Richwoods Blvd

3617 W Richwoods Blvd

622 W Laclaire Ln

913 W McClure Ave

3409 N California Ave
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.

1085 Spring Bay Rd
Princeville, IL Local Guide

How much does it cost to rent a home in Princeville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Princeville 2 Bedroom Homes for Rent | $1,275 | $581 | $2,500 |
| Princeville 3 Bedroom Homes for Rent | $1,816 | $1,025 | $3,500 |
| Princeville 4 Bedroom Homes for Rent | $2,357 | $1,395 | $3,000 |
| Princeville 5 Bedroom Homes for Rent | $2,400 | $1,800 | $3,000 |
| Princeville 6 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Top Homes for Rent in Princeville
Explore Princeville
Princeville, IL Local Guide
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Cheapest Available Princeville Apartments for Rent and Nearby
 The cheapest available apartment rental in Princeville, IL is a 1 Bed unit found at Winkler Village Apartments in the Woodford County neighborhood priced from $725. Willow Knolls Apartments in the Northmoor Knolls neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here is today’s list of the most affordable Princeville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $725 |
| Willow Knolls Apartments | Studio / 1 Bath | Studio,1BA | $799 |
| Hollybrook Apartments | 1 bedroom | 1BR,1BA | $825 |
| Hollow Hills Apartments | 1 Bed / 1 Bath (615 sqft) | 1BR,1BA | $849 |
| Forest Hills Apartments | 1x1 | 1BR,1BA | $854 |
Best Value Apartments for Rent in Princeville, IL and Nearby
As of August 25, 2026 the best value apartment in the Princeville area is the $1.18 price per square foot 3 Bedroom 2 Bath Model at Eagle Point Apartments in the in the Northmoor Knolls neighborhood starting from $1,600. The second greatest value Princeville apartment is the 2 Bedroom, 2 Bath Model at Camden Hills Apartments starting at $1,300 with a $1.23 price per square foot in the Northmoor Knolls neighborhood. Here is today’s list of the best values for Princeville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Eagle Point Apartments | 3 Bedroom 2 Bath | 2BR,2BA | $1.18 |
| Camden Hills Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.23 |
| Covington Court Apartments | CC2BR | 2BR,2BA | $1.26 |
| Nordic Villa Apartments | Townhouse | 2BR,1.5BA | $1.28 |
| Glen Willows | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.06 |
| Kellogg Place Apartments | 2 Bed / 1 Bath | 2BR,1BA | $1.23 |
| Forest Hills Apartments | 1x1 | 1BR,1BA | $1.00 |
| Hillcrest Apartments | 2 BR / 1 BA | 2BR,1BA | $1.15 |
| Hollybrook Apartments | 1 bedroom | 1BR,1BA | $1.06 |
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $1.06 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Princeville, IL Rentals by Map
See the most popular apartments and homes in Princeville, IL
Frequently Asked Questions about Princeville
What type of rentals are currently available in Princeville?
There are currently 39 Apartments for Rent in Princeville, IL with pricing that ranges from $725 to $2,067. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Princeville ranging from $581 to $4,500.
What is the current price range for Rental Homes in Princeville?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Princeville ranges from $581 to $4,500 with an average monthly rent of $1,751.
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

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.

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.

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.

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.