Cheap Apartments for Rent in Princeton, MN

8 rentals

Apartments For Rent Near Princeton, MN

We found 11 more apartments matching your filters just outside Princeton

Average Rent Trends in Princeton, MN

Rent in Princeton, MN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Nov 2026 compared to the previous month. Rent previously peaked in Jan 2025.
MonthAverage rent
Dec 2025$925
Jan 2026$1,373
Feb 2026$1,389
Mar 2026$1,437
Apr 2026$1,050
May 2026$1,165
Jun 2026$1,161
Jul 2026$1,343
Aug 2026$1,366
Sep 2026$1,595
Oct 2026$1,495
Nov 2026$1,600
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Average Rent By Bedroom and Home Type

In November 2026, Townhomes were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$900$1,600$1,835$2,995$1,550
Townhomes——$1,550—$1,550
Houses—$3,100$3,200$2,995$3,200

Frequently Asked Questions about Rentals in Princeton, MN

  • What is the average rent of an apartment in Princeton, MN?
    The average rent of an apartment in Princeton, MN is $1,196 per month. This is about 38% lower than the national average.
  • What are the cheapest months to find an apartment to rent in Princeton, MN?
    Last year, the cheapest month to find an apartment to rent was Feb 2025 when it was $725 per month.
  • How many cheap apartments are available in Princeton, MN?
    There are 5 apartments to rent that are cheaper than the city’s average rent of $1,550.
  • When is the average rent most expensive in Princeton, MN?
    In the last year, the average rent in Princeton, MN was highest in Jan 2025 when it was $1,800 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Princeton, MN?
    The average rent of a 1 bedroom apartment in Princeton, MN is $900 per month. That is about $350 less than the cost of a studio apartment.
  • What are some zip codes in Princeton, MN?
    Princeton, MN includes zip codes such as: 55371.
  • What are some cities near Princeton, MN?
    Some nearby cities include: Pease, Zimmerman, Dalbo, Milaca, Foreston. These cities may have more rental options to explore.