Cheap Homes for Rent in Princeton, IN from $500 (10 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

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

Princeton, IN Local Guide

Cheapest Available Princeton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Princeton, IN is a Studio unit found at Southern Meadows priced from $625. Lakewood Flats and Townhomes in the Hilltop neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $710. Here is today’s list of the most affordable Princeton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Southern MeadowsStudioStudio,1BA$625
Lakewood Flats and Townhomes1 Bedroom Deluxe1BR,1BA$710
SPRING VALLEY FLATSThe Flowering Redbud1BR,1BA$725

Best Value Apartments for Rent in Princeton, IN and Nearby

As of March 25, 2025 the best value apartment in the Princeton area is the $1.07 price per square foot Prime Living at Its Finest: Luxurious Stand-Alo... Model at Circle Point Villas in the starting from $1,650. The second greatest value Princeton apartment is the 2BR/2.0BA Model at Apartments@41 starting at $1,400 with a $1.09 price per square foot in the Jacobsville 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.
Circle Point VillasPrime Living at Its Finest: Luxurious Stand-Alo...3BR,2BA$1.07
Apartments@412BR/2.0BA2BR,2BA$1.09
Liv at Locust CreekLuxury Dresden2BR,1.5BA$1.04
Vail Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.01
North ParkBerkshire2BR,1.5BA$1.05
Lakewood Flats and Townhomes1 Bedroom Deluxe1BR,1BA$0.90
Brooklyn PlaceAshford1BR,1BA$1.22
Mission Viejo VillasA- Antiqua1BR,1BA$1.14
Foxfire West Apartments1 Bedroom 1 Bath Fireplace1BR,1BA$1.18
Wabash Riverfront Flats2 bed 1 Bath2BR,1BA$0.95

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Princeton

What type of rentals are currently available in Princeton?

There are currently 49 Apartments for Rent in Princeton, IN with pricing that ranges from $615 to $4,399. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Princeton ranging from $525 to $3,500.

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 $525 to $3,500 with an average monthly rent of $1,181.

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 $990 to $2,214, while Three Bedroom Homes, Condos, and Townhomes for rent range from $775 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,095 and Four Bedroom Apartments start at $1,500.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

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.