Cheap Homes for Rent in Princeton, KY from $500 (11 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, KY Local Guide

Cheapest Available Princeton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Princeton, KY is a 1 Bed unit found at 225 Clara’s priced from $525. PENNYRILE SENIOR APARTMENTS has the second lowest priced unit, which is a 2 Beds apartment currently listed from $750. Here is today’s list of the most affordable Princeton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
225 Clara’s1-bedroom1BR,1BA$525
PENNYRILE SENIOR APARTMENTS2 Bedroom 1 Bathroom2BR,1BA$750
1631 S Main StOne Bed1BR,1BA$750
Emma's Rose Senior Apartments2 BR Typical Emma's Rose2BR,1BA$800
Lone Oak VillasPremium Townhouse2BR,1BA$824

Best Value Apartments for Rent in Princeton, KY and Nearby

As of March 25, 2025 the best value apartment in the Princeton area is the $0.75 price per square foot 4 Beds, 2 baths Model at Cottonwood in the starting from $1,500. The second greatest value Princeton apartment is the 2BR/1.5BA Model at West Fairfield Place starting at $1,000 with a $0.87 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.
Cottonwood4 Beds, 2 baths4BR,2BA$0.75
West Fairfield Place2BR/1.5BA2BR,1.5BA$0.87
Miller Town Apartments3 Bedroom3BR,2BA$0.95
Canterbury ApartmentsPhase 22BR,2BA$0.90
Wilshire Townhomes2BR2BR,1.5BA$1.00
Ringgold Park2 Beds, 1.5 baths2BR,1.5BA$1.05
1631 S Main StOne Bed1BR,1BA$0.75
Morris Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$0.97
Emma's Rose Senior Apartments2 BR Typical Emma's Rose2BR,1BA$0.96
225 Clara’s1-bedroom1BR,1BA$0.91

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 43 Apartments for Rent in Princeton, KY with pricing that ranges from $525 to $3,500. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Princeton ranging from $500 to $2,500.

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 $500 to $2,500 with an average monthly rent of $1,119.

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.