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Rental Market Trends in Princeton, IN

What is the average rent in Princeton, IN?

$729/month

Average Rent

776 Sq Ft

Average Apartment Size

-5.7%

Decrease in the Last Year

As of July 2025, the average rent in Princeton, IN is $729 per month. This is 55% lower than the national average rent of $1,637/month, making renting in Princeton more affordable than most cities in the US. When you rent an apartment in Princeton, you can expect to pay about per month for a studio, $729 for a one-bedroom apartment, and around $924 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,612 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$729/month
776 Sq Ft
Two Bedroom
$924/month
961 Sq Ft
Three Bedroom
$1,612/month
1,500 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Princeton, IN?

In the past year, rent has decreased by 5.7%, which averages out to $41 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Princeton, IN
Last Updated July 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Princeton, IN
Percentage*
Rent Range
20% Below $700/month
20% $700 - $1,000/month
40% $1,001 - $1,500/month
20% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Princeton, IN?

Because the average rent in Princeton is $729, you’ll want to make about $2,430 per month or $29,160 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Princeton, IN

24 Available Apartments for Rent

Search for Nearby Apartments

How does Princeton, IN compare to other nearby cities and neighborhoods?

Use the tool below to compare Princeton, IN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Apartment communities in Princeton we think you'll love

Vail Estates Apartments

Vail Estates Apartments

2100 S Richland Creek Dr,
Princeton, IN 47670

1-2 Beds | $1,030 - $1,105

Circle Point Villas

Circle Point Villas

1615 W Tulip Blossom Ln,
Princeton, IN 47670

3 Beds | $1,645 - $1,650

Baldwin Heights

Baldwin Heights

220 W Garfield Ave,
Princeton, IN 47670

1-3 Beds | Call for Rent

1033 S Gibson St

1033 S Gibson St

1033 S Gibson St,
Princeton, IN 47670

4 Beds | $1,750

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United States Indiana Princeton Rental Trends

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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity