What's the average rent in Princeton, MN?
Rental Market Trends in Princeton, MN
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SOURCE: TRULIA DATA
Rental market highlights
As of November 2026, the average rent in Princeton, MN is $1,550 per month, which is 19% lower than the national average rent of $1,913 per month.
AVERAGE RENT
$1,550
4.0%$60 increase month-over-month
32.2%$378 increase year-over-year
AVAILABLE RENTALS
8
APARTMENTS
HOUSES
TOWNHOUSES
As of November 2026, apartments are the most affordable rental option in Princeton, MN at $1,210 per month, while houses are the most expensive at $3,200 per month. Townhomes average $1,550 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,000 |
| 2 Bedrooms | $1,880 |
| 3 Bedrooms | $3,200 |
| 4 Bedrooms | $2,995 |
| All | $1,550 |
As of November 2026, the average rent for a 1 bedroom rental in Princeton, MN is $1,000 per month, followed by $1,880 for a 2 bedroom rental, $3,200 for a 3 bedroom rental, and $2,995 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,550 |
| 4 Bedrooms | — |
| All | $1,550 |
As of November 2026, the average rent for a 3 bedroom townhome in Princeton, MN is $1,550 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $3,100 |
| 3 Bedrooms | $3,200 |
| 4 Bedrooms | $2,995 |
| All | $3,200 |
As of November 2026, the average rent for a 2 bedroom house in Princeton, MN is $3,100 per month, followed by $3,200 for a 3 bedroom house, and $2,995 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +36% compared to the previous year, which is a +$427 increase.
This year (2026)
Last year (2025)
Rent distribution
50% of rentals have rent of $3,000-$3,799/month
Rental price range
The price range for rentals is $825 to $3,200.
