Cheap Apartments for Rent in Princeton, IL from $400 (27 Rentals)

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

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Parkway Apartments
1 to 3 Bedroom Apartments

Parkway Apartments

419 Anderson StPrinceton, IL 61356
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Rock Falls Apartments
Studio Apartments

Rock Falls Apartments

1608 E Rock Falls RdRock Falls, IL 61071
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414 4th Ave
$7251 Bedroom, 1 Bath RentalsAvailable Now

414 4th Ave

Rock Falls, IL 61071
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Showing Results 1-27, Page 1 of 1

Princeton, IL Local Guide

Cheapest Available Princeton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Princeton, IL is a Studio unit found at Willow Knolls Apartments in the Northmoor Knolls neighborhood priced from $610. Northland Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Princeton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Willow Knolls ApartmentsStudioStudio,1BA$610
Northland Park Apartments1 BR/ 1 BA1BR,1BA$700
Woods + Meadow ApartmentsStudio Apartment in North PeoriaStudio,1BA$725
Winkler Village Apartments1BD 1BTH1BR,1BA$725
Hollow Hills1 bedroom1BR,1BA$725
The Grove Apartments1 Bed 1 Bath Classic1BR,1BA$800
The Village on UniversityTucker at Village North1BR,1BA$805
Nordic Villa ApartmentsLoft2BR,1BA$825
Versailles ApartmentsTradition - 1BR / 1BA1BR,1BA$845

Best Value Apartments for Rent in Princeton, IL and Nearby

As of February 27, 2025 the best value apartment in the Princeton area is the $0.83 price per square foot 3BD/3BA Model at Dixon River Apartments in the starting from $910. The second greatest value Princeton apartment is the Model Model at 504 S Sweetbriar Dr starting at $1,000 with a $1.11 price per square foot . 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.
Dixon River Apartments3BD/3BA3BR,2BA$0.83
504 S Sweetbriar DrModel2BR,1BA$1.11
Hollow Hills1 bedroom1BR,1BA$0.84
315 N Main St, Unit 2315 N Main St2BR,1BA$0.88
Hillcrest Apartments2 BR / 1 BA2BR,1BA$1.09
Brighton Woods1Bed1Bath1BR,1BA$1.06
Versailles ApartmentsTradition - 1BR / 1BA1BR,1BA$1.08
Northland Park Apartments1 BR/ 1 BA1BR,1BA$0.99
Winkler Village Apartments1BD 1BTH1BR,1BA$1.06
Woods + Meadow ApartmentsStudio Apartment in North PeoriaStudio ,1BA$1.12

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Getting Around Princeton, IL

Walk Score®

33 / 100

Car-Dependent

Most errands require a car

Bike Score®

39 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Princeton Apartments

What is the Cheapest Studio apartment in Princeton?

Currently the most affordable Cheap Studio Apartment in Princeton is at Willow Knolls Apartments listed at $610.

How much is rent for a Cheap One Bedroom Princeton Apartment?

The lowest price for a Cheap One Bedroom Princeton Apartment is $675 at Willow Knolls Apartments.

What is the lowest price for a Cheap Two Bedroom Princeton Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Princeton is starting from $750 at Northland Park Apartments.

What is the most affordable Princeton Three Bedroom Apartment?

The best deal on a cheap Princeton Three Bedroom Apartment rental is at Dixon River Apartments and starts from $910.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.