Princeton locals go to Lake Lavon for fishing, beaches, campgrounds, boat docks & hiking trails.
Veterans Memorial Park in Princeton has pathways to walk and view the memorial monuments.
Living in Princeton provides access to both a web of highways and a central highway.
Some Princeton homes aren’t locked into a traditional suburban sprawl and stand at a distance.
Princeton is a lovely neighborhood to settle down and enjoy life.

Princeton, TX Area Guide

Avg Rent

$1,178

Population

28,335

Renter Mix

24% Rent

Experience small-town delights just outside the big city

Suburban Family-Friendly Growing

"Princeton, Texas has been on a fast track since its days as a quiet railroad stop in Collin County, and the city's momentum shows no signs of slowing. Named in honor of Prince Dowlin, a local landowner who helped establish the community back in the 1880s, Princeton carries a sense of history even as it builds toward the future. Its location in one of the fastest-growing counties in the country puts residents within striking distance of the greater Dallas-Fort Worth metro, making it an appealing base for those who want room to breathe without sacrificing access to a major economic hub.

Princeton's growth has brought a diverse housing mix to this once-small town. Renters will find everything from traditional single-family home rentals and townhomes to newer apartment communities with contemporary finishes and open layouts. The city spans about 15 square miles, offering a mix of established neighborhoods with a small-town feel and newer developments that reflect its rapid expansion.

With a growing population and a community-oriented atmosphere, Princeton delivers an approachable pace of life that feels grounded and genuine. Collin County's strong school system and proximity to employers in nearby McKinney, Allen, and Plano add to the city's draw for anyone looking to plant roots in North Texas without the congestion of a larger urban center."

Explore the City

Living in Princeton provides access to both a web of highways and a central highway.

Some Princeton homes aren’t locked into a traditional suburban sprawl and stand at a distance.

Princeton is a lovely neighborhood to settle down and enjoy life.

Living in Princeton is a pleasant experience for many homeowners.

Princeton also boasts of beautiful traditional brick homes that exude elegance and charm.

Princeton is bordered to the north by Lake Lavon.

Demographics

Median Household Income

$86,005

Average: $95,346

Education

5,769

Residents Have a Degree

Job Market

14,769

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

34 Years

Largest Age Group

35-44 Years

Approximately 16% of Residents

Under 20

30%

Over 65

11%

Housing Distribution

Princeton has more homeowners than renters.

Renters
24%
Non-Renters
76%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
16%
Other Education
84%

Rent Trends

As of July 2026, the average apartment rent in Princeton, TX is $930 for a studio, $1,177 for one bedroom, $1,509 for two bedrooms, and $2,047 for three bedrooms. Apartment rent in Princeton has decreased by -10.9% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,177/month
754 Sq Ft
House
$2,139/month
1,851 Sq Ft
Condo
$2,430/month
2,220 Sq Ft
Townhome
$1,688/month
1,588 Sq Ft
See Rental Market Trends in Princeton, TX

Learn More About Princeton

Getting Around

Somewhat Walkable

Walkability

20 / 100

Exceptionally Drivable

Drivability

90 / 100

Somewhat Bikeable

Bikeability

30 / 100

Schools

Harper Elementary School

Public

Grades PK-5

436 Students

Lowe Elementary School

Public

Grades PK-5

676 Students

Leta Horn Smith Elementary School

Public

Grades PK-5

622 Students

MAYFIELD EL

Public

Grades PK-5

666 Students

Lacy Elementary School

Public

Grades PK-5

594 Students

Clark Middle

Public

Grades 6-8

707 Students

Southard Middle

Public

Grades 6-8

1,063 Students

Lovelady High School

Public

Grades 6-12

553 Students

Mattei Middle

Public

Grades 6-8

839 Students

Huddleston Intermediate School

Public

Grades 6

342 Students

Lovelady High School

Public

Grades 6-12

553 Students

Princeton High School

Public

Grades 9-12

1,262 Students

Princeton/Farmersville Daep

Public

Grades K-12

Points of Interest

Top Apartments in Princeton

Houses for Rent in Princeton

Living in Princeton

History

-

"Princeton's origins trace back to the late 1870s, when the Wilson brothers established farming operations in the area. The arrival of the Missouri, Kansas and Texas Railroad in 1881 transformed the rural settlement, originally known as Wilson's Switch, into a railroad town. The community took its current name in honor of Prince Dowlin, a local landowner who helped promote the town's development, and a post office opened in 1888. Today, the city celebrates its agricultural heritage each spring at the Princeton Onion Festival, a nod to the crops that once defined the local economy.

While much of Princeton has grown rapidly in recent decades, visitors can still glimpse the town's small-town roots along its older streets. The nearby Heard Natural Science Museum and Wildlife Sanctuary offers insight into the region's natural history and the native Blackland Prairie landscape that shaped early settlement patterns. Princeton's location near Lake Lavon also connects to the mid-20th century development of the region's water infrastructure, creating recreational spaces that remain popular gathering spots today."

Transportation

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"Princeton is a car-dependent community where most residents rely on personal vehicles to get around. U.S. Highway 380 is the primary corridor through town, connecting Princeton to McKinney about seven miles to the west and to other Collin County communities heading east. From there, drivers can reach the Dallas-Fort Worth Metroplex in roughly 35 to 45 minutes under normal traffic conditions. Dallas Love Field is about 44 miles away, and Dallas/Fort Worth International Airport is also within reasonable driving distance. Public transit options are limited, and the nearest commuter rail stations on the A-train line are over 30 miles away in Denton County, making them impractical for most daily commuters."

Parks

-

"Lake Lavon borders Princeton and serves as the area's premier outdoor destination, offering swimming, fishing, boating, camping, and miles of shoreline to explore. Managed by the U.S. Army Corps of Engineers, the lake features multiple parks and boat ramps spread across its expansive shoreline. Closer to town, residents enjoy local parks with open green spaces ideal for picnics, walks, and relaxing outdoors. Just a short drive away, the Heard Natural Science Museum and Wildlife Sanctuary in McKinney provides scenic nature trails and immersive outdoor experiences. The nearby Blackland Prairie Raptor Center rounds out the area's commitment to preserving and celebrating the natural landscape of North Texas."

Highlights

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"Nestled in Collin County along U.S. 380, Princeton is a growing small town about 35 miles northeast of Dallas, offering easy access to Lake Lavon for fishing, boating, and camping, plus the nearby Heard Natural Science Museum and Wildlife Sanctuary. Local events like the Spring Onion Festival and Fourth of July Spectacular add to the community charm."

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.