
Cheap Homes for Rent in Princeton, IL from $600 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Princeton.


812 E 2nd St

1016 N Maple St

414 4th Ave

2-3 3 Michael St

809 Calhoun St

712 N Brinton Ave

611 W Matthews St

310 N Franklin St

323 S Kennedy Ave

3119 W Willow Knolls Dr

205 Sandra Ave

345 6th St

1021 Magnolia St
Princeton, IL Local Guide

How much does it cost to rent a home in Princeton?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Princeton 2 Bedroom Homes for Rent | $1,278 | $700 | $3,200 |
Princeton 3 Bedroom Homes for Rent | $1,449 | $850 | $2,350 |
Princeton 4 Bedroom Homes for Rent | $2,412 | $1,750 | $3,300 |
Princeton 5 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Browse Top Homes for Rent in Princeton
Explore Princeton
Princeton, IL Local Guide
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Cheapest Available Princeton Apartments for Rent and Nearby
 The cheapest available apartment rental in Princeton, IL is a Studio unit found at Northland Park Apartments priced from $525. Willow Knolls Apartments in the Northmoor Knolls neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $610. Here is today’s list of the most affordable Princeton apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Northland Park Apartments | Studio | Studio,1BA | $525 |
Willow Knolls Apartments | Studio | Studio,1BA | $610 |
Woods + Meadow Apartments | Studio Apartment in North Peoria | Studio,1BA | $725 |
Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $725 |
Hollow Hills | 1 bedroom | 1BR,1BA | $725 |
Best Value Apartments for Rent in Princeton, IL and Nearby
As of March 23, 2025 the best value apartment in the Princeton area is the $0.85 price per square foot 311 Park Ave E Model at 311 Park Ave E, Unit 1 in the starting from $975. The second greatest value Princeton apartment is the 3BD/3BA Model at Dixon River Apartments starting at $910 with a $0.83 price per square foot . Here is today’s list of the best values for Princeton apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
311 Park Ave E, Unit 1 | 311 Park Ave E | 2BR,1BA | $0.85 |
Dixon River Apartments | 3BD/3BA | 3BR,2BA | $0.83 |
504 S Sweetbriar Dr | Model | 2BR,1BA | $1.11 |
Hollow Hills | 1 bedroom | 1BR,1BA | $0.84 |
Hillcrest Apartments | 2 BR / 1 BA | 2BR,1BA | $1.09 |
Brighton Woods | 1Bed1Bath | 1BR,1BA | $1.06 |
225 E Peru St, Unit 2 | 225 E Peru St | 1BR,1BA | $0.94 |
Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $1.06 |
Woods + Meadow Apartments | Studio Apartment in North Peoria | Studio ,1BA | $1.12 |
204 E. Peru St, Unit 1 Bedroom Apartment | 204 E. Peru St | 1BR,1BA | $1.13 |
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Frequently Asked Questions about Princeton
What type of rentals are currently available in Princeton?
There are currently 51 Apartments for Rent in Princeton, IL with pricing that ranges from $525 to $2,225. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Princeton ranging from $650 to $3,300.
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 $650 to $3,300 with an average monthly rent of $1,765.
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.

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.

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.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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.