Homes for Rent in Princeton, TX

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What to Know About

Life in Princeton & Beyond

Princeton shares many of the great qualities that make Texas a desirable place to live.

Texas is a state known for its rich history, diverse culture, and abundant natural beauty. Learn the history and tradition of this place by visiting iconic sites like the Alamo, San Jacinto Monument, and the Texas State Capitol. Texas is also home to top-notch universities like the University of Texas at Austin, Texas A&M University, and Rice University. In addition, a blend of the energy, technology, and agriculture industries sustains a robust economy in Texas.

Texas offers a range of adventures, from scenic drives in the Hill Country to the beautiful beaches of South Padre Island. Sports fans can enjoy the Dallas Cowboys (NFL), Houston Texans (NFL), Dallas Stars (NHL), Houston Astros (MLB), Texas Rangers (MLB), Houston Rockets (NBA), San Antonio Spurs (NBA), and Dallas Mavericks (NBA) at venues like AT&T Stadium or Minute Maid Park, or cheer on the state's many fantastic college sports teams. In addition, make sure to take advantage of famous attractions like the Space Center Houston, the San Antonio Riverwalk, or the Fort Worth Stockyards.

With its thriving economy, affordable living, and welcoming communities, embrace the Lone Star State and see why Texas is such a great place to live.

Rental Market Trends

Princeton, TX

As of March 2026, Princeton's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Princeton's average rent is 0.3% ($4) lower than the Texas average of $1,419 and 20.0% ($354) lower than the U.S. average of $1,769.

Average Rent
$1,415
Monthly ChangeMonth Over Month Change
Increased1.7% ($24)
Yearly ChangeYear Over Year Change
Decreased4.1% ($60)
Avg. Days on MarketAverage Days on Market
27
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,068 Increased0.1% ($1) Decreased7.2% ($83)
2 Beds $1,306 Increased0.5% ($6) Decreased5.3% ($73)
3 Beds $1,814 Increased3% ($52) Decreased1.4% ($25)
Nearby Cities Average Rent Avg. Rent vs. PrincetonAverage Rent vs. Princeton Avg. Days on MarketAverage Days on Market
Farmersville $1,527 Increased7.9% ($112) 42 days
Wylie $1,550 Increased9.5% ($135) 43 days
Lavon $2,056 Increased45.3% ($641) 42 days
Allen $1,739 Increased22.9% ($324) 48 days
McKinney $1,720 Increased21.6% ($305) 41 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Princeton Rental Market FAQs

Explore rental prices, market trends, and availability in Princeton, TX.

The average rent in Princeton, TX is $1,415 per month.
Homes in Princeton typically rent for between $748 and $2,358 per month, with an average of $1,415 per month.
In Princeton, the average rent for a 1-bedroom home is $1,068 per month, for a 2-bedroom home, $1,306 per month, and a 3-bedroom home is $1,814 per month.
The average rent in Princeton is 20% ($354) lower than the national average of $1,769 per month.
The average rent in Princeton has increased by 1.7% ($24) in the last month and decreased by 4.1% ($60) over the past year.
The rental market in Princeton, TX, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Princeton, TX, the average rental stays on the market for approximately 27 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 122 rental properties available in Princeton, TX.
Based on the current averages, a household would need an annual income of $52,240 to comfortably afford a 2-bedroom home in Princeton.
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