Last updated on September 14, 2026

Average rent in
Princeton, MN

Median rent

Median rent in Princeton

$1,639/mo

increased by21%

vs previous year

The average rent in Princeton is $1,639 per month as of September 2026. This is 14% below the national average rent, or $261 less per month.

$1.85

average price per square foot

Total rentals

Available rentals in Princeton

13

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Princeton rentals at each price point

50%38%25%13%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 increased by 39% over the last month and have increased by 21% 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 $1,495, whereas a house costs $2,295. 1-bedroom apartments in Princeton run $1,375 on average, while 2-bedroom apartments are $1,337.

Listings

Studio

$1,245

1%

-

1 bedroom

$1,452

No Change

76%

2 bedroom

$1,517

41%

40%

3 bedroom

$1,980

4%

19%

4 bedroom

$2,195

No Change

54%

Studio

Average rent

$1,245

Last 30 days

1%

1 bedroom

Average rent

$1,452

Last year

76%

2 bedroom

Average rent

$1,517

Last 30 days

41%

Last year

40%

3 bedroom

Average rent

$1,980

Last 30 days

4%

Last year

19%

4 bedroom

Average rent

$2,195

Last year

54%

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$1,639
decreased by14%

lower than the national median

Median rent price$1,489
decreased by22%

lower than the national median

Takeaway

The median rent for all rentals in Princeton, MN is 10% higher than the median rent in Becker, MN.

Discover rentals in Princeton, MN

3d ago

8.4

Very good

1402 1st Street, Unit E

1402 1st St, Princeton, MN 55371

3 beds

1 bath

$1,595

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 $1,639 per month as of September 12, 2026.

Is rent up or down in Princeton?

Average rent prices in Princeton have increased by 39% over the last month and have increased by 21% since last year.

How does Princeton rent compare to the national average?

Rent in Princeton is 14% below the national average, which means renters are paying approximately $261 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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