Average Rent in Princeton, TX

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Current Versus Historical Princeton, TX Rents

Princeton rentals average $0 for a studio rental to $2,100 for a 4-bedroom rental. The median price of all currently available listings is $2,000, or roughly $1 per square feet.
For the apartment units and housing in November 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $34 (-55.58%) year-over-year from $61 to $27. 1-bedroom rentals prices have decreased by $30 (-2.12%) year-over-year from $1,430 to $1,400. 2-bedroom rentals prices have decreased by $55 (-3.35%) year-over-year from $1,630 to $1,575. 3-bedroom rentals prices have increased by $2 (0.08%) year-over-year from $1,988 to $1,990. 4-bedroom rentals prices have decreased by $40 (-1.85%) year-over-year from $2,139 to $2,100. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone up by 2.27% this month. 3-bedroom rents have gone up by 1.27% this month. 4-bedroom rents have gone down by 2.30% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
2 BR $1.50 $1,575 $1,630 (-3.35%) $1,050 (50.00%)
3 BR $1.20 $1,990 $1,988 (0.08%) $1,829 (8.79%)
4+ BR $1.09 $2,100 $2,139 (-1.85%) $2,050 (2.41%)

Historical Rents in Princeton, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Princeton

There are a total of 5 cities nearby Princeton. The average rent in Princeton is currently $2,500 per month. Our records show that Anna, TX, with an average rent of $2,193, is the most affordable city nearby. In contrast, the most expensive city near Princeton, TX is Allen, TX. Monthly rents here are on average $2,600 per month.

Let's compare Princeton, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in Princeton, TX is inf% more affordable than other cities nearby. Two bedrooms in Princeton, TX are about 3.03% more affordable. Finally, rent for three bedrooms are about 17.95% more affordable. Want more information? Check out the top 5 cities near Princeton, TX in the following chart.
City Studio 1 Bed 2 Bed All
Anna, TX N/A N/A N/A $2,193
Wylie, TX $1,500 N/A $1,800 $2,475
McKinney, TX $1,099 $2,100 $1,900 $2,500
Melissa, TX N/A N/A N/A $2,525
Allen, TX $2,800 $1,360 $1,700 $2,600

Top Neighborhoods Near Princeton



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Princeton

Some of these counties include Princeton, TX, Nevada, TX, and Anna, TX. The average rent for rentals in these counties is $2,263. That's roughly around $1 per sqft. The county that is the most affordable is Princeton, TX. It's average rent per month is $2,060. Vice versa, with an average rent of $2,650, Plano, TX is the most expensive county by Princeton, TX.

Typically, rent for studios in Princeton, TX is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Princeton, TX is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in Princeton, TX is 14.39% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Princeton, TX $2,214 N/A $1,800 $2,060
Nevada, TX $2,550 N/A N/A $2,200
Anna, TX $2,900 $1,725 $2,456 $2,325
Plano, TX $1,825 $1,373 $1,975 $2,650

Top Zipcodes Near Princeton

There are a total of 3 zipcodes in or near Princeton, TX. The average rent for all of these zipcodes is $2,295.

The following chart includes the top 3 zipcodes in Princeton, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
75098, Wylie, TX $1,750 N/A $1,800 $2,500
75074, Plano, TX $3,500 $1,373 $1,700 $2,295
75069, Plano, TX $444 N/A $1,795 $2,295

Frequently Asked Questions - Princeton Average Rents

What is the average rent price in Princeton, TX?
The average monthly rental price for Princeton, TX apartments for rent is approximately $2,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Princeton, TX rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Princeton, TX.
How much is a studio apartment in Princeton, TX?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 1 studio apartment listings currently available for rent in Princeton.
How much is a one bedroom apartment in Princeton, TX?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 one bedroom apartment listings currently available for rent in Princeton.
How much is a two bedroom apartment in Princeton, TX?
The average monthly rental price for two bedroom apartments is $1,650 and an average price per square feet of $1.50. There are a total of 3 two bedroom apartment listings currently available for rent in Princeton.
How have rent prices in Princeton, TX changed this year?
Rent prices for rentals in Princeton, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.56%, one bedroom rental prices have changed by -0.02%, two bedroom rental prices have changed by -0.03%, and three bedroom rental prices have changed by 0.00% year-over-year.
What is a reasonable rent price in Princeton, TX?
A reasonable rent price in Princeton, TX is around $1,600/month. You can search for these reasonably priced rental listings on RentHop.
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