Princeton, TX Rental Market Trends
Last updated: August 01, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Princeton is $1,783, a 6.9% decrease compared to the previous year, when the average rent was $1,915.
One-bedroom apartments provide 806 square feet for $1,365, balancing privacy and affordability.
Two-bedroom units at $1,723 offer 1,101 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,445 sq ft) for $1,982, suitable for larger households.
Average rent in Princeton, TX
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,783 | 1,221 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,365 | 806 sq. ft. |
| 2 Beds | $1,723 | 1,101 sq. ft. |
| 3 Beds | $1,982 | 1,445 sq. ft. |
Princeton, TX rent trends
Rental prices in Princeton, TX have decreased by 6.9% over the past year. The average rent moved from $1,915 to $1,783.
What's the typical rent budget in Princeton, TX?
The largest share of rentals in Princeton, TX (55%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Princeton, TX?
1,912 or 24% of the households in Princeton, TX are renter-occupied while 5,961 or 76% are owner-occupied.
How Princeton Compares to Other Cities
| City | Average Rent |
|---|---|
| Princeton | $1,783 |
| Houston | $1,345 |
| San Antonio | $1,264 |
| Dallas | $1,592 |
| Austin | $1,638 |
| Fort Worth | $1,453 |
| Killeen | $1,078 |
| El Paso | $1,131 |
| Irving | $1,501 |
| Plano | $1,689 |
| Denton | $1,531 |
| McKinney | $1,685 |
| Garland, TX | $1,417 |
| Frisco, TX | $1,788 |
| Richardson, TX | $1,684 |
| Carrollton, TX | $1,578 |
| Mesquite, TX | $1,246 |
| Greenville, TX | $1,218 |
| Forney, TX | $1,650 |
| Rowlett, TX | $1,763 |
| The Colony, TX | $1,727 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Princeton apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.