Rentometer, Inc. | Data as of 10/23/2025
Princeton, Texas offers a vibrant rental landscape that balances small‑town charm with convenient access to the greater Dallas‑Fort Worth metro area. Tenants can choose from a mix of modern apartments and spacious single‑family homes, making it easy to find a residence that fits both lifestyle and budget. One‑bedroom apartments typically sit in the $1200 range, while larger three‑ and four‑plus bedroom units move toward the $2000‑$2400 bracket, reflecting the variety of options available for young professionals and growing families alike.
For those seeking a house, two‑bedroom homes average close to $1800, with three‑bedroom properties around $2100 and larger family homes approaching $2500. These figures highlight Princeton’s competitive pricing compared to neighboring markets, especially for renters desiring more square footage and private yards. The city’s residential neighborhoods, such as the historic Downtown district and the newer Greenfield Estates, provide a blend of classic Texas architecture and contemporary amenities, catering to a diverse tenant base.
Beyond the walls of a home, Princeton’s appeal is bolstered by its proximity to outdoor attractions like Lake Lavon and Martin Creek Lake State Park, offering ample recreation for nature enthusiasts. Easy access to major highways, shopping centers, and local dining ensures that residents enjoy both convenience and a strong sense of community. Whether you’re a first‑time renter or looking to relocate for work, Princeton’s rental market delivers a welcoming environment with a range of housing choices suited to every stage of life.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,177 | $1,195 | $1,065 - $1,280 | $1,163 - $1,225 |
| Apartment | 2 Bedroom | $1,544 | $1,510 | $1,200 - $1,899 | $1,491 - $1,600 |
| Apartment | 3 Bedroom | $2,009 | $1,975 | $1,425 - $2,570 | $1,846 - $2,200 |
| Apartment | 4+ Bedroom | $2,409 | $2,463 | $1,829 - $2,982 | $1,950 - $2,825 |
| House | 2 Bedroom | $1,786 | $1,672 | $1,350 - $2,450 | $1,550 - $2,450 |
| House | 3 Bedroom | $2,095 | $2,050 | $1,595 - $4,038 | $1,900 - $2,250 |
| House | 4+ Bedroom | $2,474 | $2,349 | $1,495 - $6,500 | $2,119 - $2,650 |
In the current period, the average rent in Princeton was
$1,114 for 1 Bedroom,
$1,601 for 2 Bedroom,
$2,090 for 3 Bedroom, and
$2,363 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.