Last updated on July 31, 2026

Average rent in
Princeton, MN

Median rent

Median rent in Princeton

$1,650/mo

increased by35%

vs previous year

The average rent in Princeton is $1,650 per month as of July 2026. This is 15% below the national average rent, or $280 less per month.

$1.68

average price per square foot

Total rentals

Available rentals in Princeton

10

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Princeton rentals at each price point

65%49%33%16%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Princeton, MN, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Princeton, MN

Average rent prices in Princeton have remained the same over the last month and have increased by 35% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Princeton, MN

Rent prices in Princeton vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Princeton is $1,415, whereas a house costs $2,447. 1-bedroom apartments in Princeton run $1,375 on average, while 2-bedroom apartments are $995.

Listings

Studio

$1,170

1%

-

1 bedroom

$1,378

No Change

-

2 bedroom

$1,395

2%

15%

3 bedroom

$1,995

3%

-

4 bedroom

$2,649

No Change

-

Studio

Average rent

$1,170

Last 30 days

1%

1 bedroom

Average rent

$1,378

2 bedroom

Average rent

$1,395

Last 30 days

2%

Last year

15%

3 bedroom

Average rent

$1,995

Last 30 days

3%

4 bedroom

Average rent

$2,649

The table above reflects average rent prices in Princeton, MN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Princeton, MN compare to other cities?

Compare median rent prices in Princeton and Becker by all bedroom counts and property types.

Princeton

Median rent price$1,650
decreased by15%

lower than the national median

Median rent price$1,720
decreased by11%

lower than the national median

Takeaway

The median rent for all rentals in Princeton, MN is 4% lower than the median rent in Becker, MN.

Discover rentals in Princeton, MN

925 West Branch St - Photo 1 of 1

1d ago

8.8

Very good

925 West Branch St

925 W Branch St, Princeton, MN 55371

2 beds

1 bath

$1,095

Apartment for rent

1d ago

8.4

Very good

1402 1st Street, Unit E

1402 1st St, Princeton, MN 55371

3 beds

1 bath

$1,650

Apartment for rent

1508 16th St N - Photo 1 of 1

3d ago

Townhouse for rent in Princeton

1508 16th ST N

1508 16th St N, Princeton, MN 55371

3 beds

1 bath

$1,700

House for rent

Stay up to date with rental market insights

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Frequently asked questions for Princeton, MN

Quick answers to common questions about the Princeton rental market.

How much is rent in Princeton?

The average rent in Princeton is $1,650 per month as of July 25, 2026.

Is rent up or down in Princeton?

Average rent prices in Princeton have remained the same over the last month and have increased by 35% since last year.

How does Princeton rent compare to the national average?

Rent in Princeton is 15% below the national average, which means renters are paying approximately $280 less per month.

What salary do I need to afford rent in Princeton?

To comfortably afford rent in Princeton, you'd need to earn approximately $66,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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