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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 July 2025, Princeton's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Princeton's average rent is 3.0% ($43) higher than the Texas average of $1,424 and 17.4% ($308) lower than the U.S. average of $1,775.
Average Rent
$1,467
Monthly ChangeMonth Over Month Change
0.2% ($3)
Yearly ChangeYear Over Year Change
11.4% ($189)
Avg. Days on MarketAverage Days on Market
27
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,120 | 1.4% ($16) | 19.2% ($266) |
| 2 Beds | $1,402 | 1.6% ($22) | 16.1% ($269) |
| 3 Beds | $1,921 | 1.9% ($36) | 1.6% ($31) |
| Nearby Cities | Average Rent | Avg. Rent vs. PrincetonAverage Rent vs. Princeton | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Farmersville | $1,734 | 18.2% ($267) | 42 days |
| Wylie | $1,622 | 10.6% ($155) | 43 days |
| Lavon | $2,045 | 39.4% ($578) | 42 days |
| Allen | $1,831 | 24.8% ($364) | 48 days |
| McKinney | $1,784 | 21.6% ($317) | 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 $1,467 per month.
Houses in Princeton typically rent for between $784 and $2,497 per month, with an average of $1,467 per month.
In Princeton, the average rent for a 1-bedroom house is $1,120 per month, for a 2-bedroom house, $1,402 per month, and a 3-bedroom house is $1,921 per month.
The average rent in Princeton is 17.4% ($308) lower than the national average of $1,775 per month.
The average rent in Princeton has decreased by 0.2% ($3) in the last month and decreased by 11.4% ($189) 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 69 rental properties available in Princeton, TX.
Based on the current averages, a household would need an annual income of $56,080 to comfortably afford a 2-bedroom house in Princeton.
