What's the average rent in Princeton, MN?
Rental Market Trends in Princeton, MN
SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Princeton, MN is $1,165 per month, which is 39% lower than the national average rent of $1,910 per month.
AVERAGE RENT
$1,165
-17.9%-$254 decrease month-over-month
-8.2%-$104 decrease year-over-year
AVAILABLE RENTALS
7
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,115 |
| 2 Bedrooms | $1,215 |
| 3 Bedrooms | $2,950 |
| 4 Bedrooms | $3,550 |
| All | $1,165 |
As of May 2026, the average rent for a 1 bedroom rental in Princeton, MN is $1,115 per month, followed by $1,215 for a 2 bedroom rental, $2,950 for a 3 bedroom rental, and $3,550 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,050 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,050 |
As of May 2026, the average rent for a 2 bedroom apartment in Princeton, MN is $1,050 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $2,950 |
| 4 Bedrooms | $3,550 |
| All | $2,950 |
As of May 2026, the average rent for a 3 bedroom house in Princeton, MN is $2,950 per month, followed by $3,550 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -25% compared to the previous year, which is a $342 decrease.
This year (2026)
Last year (2025)
Rent distribution
83% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $900 to $2,950.
