How much does it cost to rent an apartment in Princeton?
Princeton Apartments
Bed TypeAverage RentRange
3BR$1,260
$1,250 - $1,580
Frequently Asked Questions
How many apartments are available in Princeton, IN on Rentable.co?
Rentable.co has over 157 apartments available in Princeton.
Can I afford an apartment for rent in Princeton, IN?
Based on average rent prices in Princeton, to afford a three-bedroom apartment you would need an annual household income of $50,000 to live comfortably.
Welcome to the April 2024 Princeton Apartment Report. In this assessment of
the local rental market, Rentable data scientists and rental experts break down the
April 2024 key findings and figures for the Princeton rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in
Princeton and surrounding areas and provide comparisons to the entire metro area, nearby cities and
some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of
Princeton average rent prices in the chart below.
Monthly Rent Report
$1,050
$790
$530
$260
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR2 BR
Princeton Rent Prices Decrease From March to April
Princeton rent prices decreased over the last month. From March to April, the city experienced a -2.53% decrease for the price of a one-bedroom apartment. The rent price for a Princeton one-bedroom apartments currently stands at $500.0.
When we take a look at the two-bedroom comparison from March to April, Princeton experienced a -0.64% decrease for the price of a two-bedroom apartment. The rent price for a Princeton two-bedroom apartments currently stands at $930.0.
April Prices: Princeton vs. Surrounding Areas
Rent Prices in Princeton and Surrounding Areas
Rent prices have decreased in Princeton over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Princeton suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rents did not increase in any of the Princeton suburbs
Rents did not decrease in any of the Princeton suburbs.
April 2024 Pricing Trends: Princeton vs. National Comparisons
New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent
Princeton Rent Prices More Affordable Than Major Cities
Rent growth in Princeton over the past year has been
declining. When compared to major cities nearby, along
with some of the most expensive cities in the country, Princeton average rent prices appear to be
relatively affordable for local residents.
The price for a Princeton one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.
For more information about Princeton and surrounding area rent prices, take a look at the complete data set below.
Data set for Princeton and suburbs
1 BR April
1 BR M/M % Change
2 BR April
2 BR M/M % Change
Methodology
Each month, using over 1 million Rentable listings across the United States, we calculate the median
1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To
avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and
property count thresholds.