Princeton, MN rental market

What is the average rent in Princeton, MN?

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Last updated November 11, 2025

Rental market summary

The average rent for all bedrooms and all property types in Princeton, MN is $1,210.

Average rent

$1,210

Month-over-month change

+$38

Year-over-year change

-$391

Available rentals

9

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $625 to $3,200.

Rent frequencies
Rent priceNumber of rental properties
$6001
$8001
$9001
$1,1001
$1,2001
$1,4001
$2,1001
$2,2001
$2,6001
$2,7001
$3,1001
$3,200+1

Average rent price over time

In the last year, rent has decreased by $391 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,680$1,800
Feb$1,635$725
Mar$1,375$813
Apr$840$1,392
May$1,595$1,253
Jun$1,595$1,463
Jul$1,350$1,500
Aug$1,346$1,400
Sep$1,409$1,695
Oct$1,545$1,178
Nov$1,595$1,173
Dec$1,300No data

Market temperature

The Princeton, MN rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

hot

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Princeton, MN is 40% lower than the national average.

Princeton, MNvs.

$1,210

$2,000

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Frequently asked questions

1. What is the average rent in Princeton, MN?

The average rent in Princeton, MN is $1,210.

2. What is the average rent for a studio apartment in Princeton, MN?

The average rent for a studio apartment in Princeton, MN is $1,095 per month.

3. What is the average rent for a one-bedroom apartment in Princeton, MN?

The average rent for a one-bedroom apartment in Princeton, MN is $1,250 per month.

4. What is the average rent for a two-bedroom apartment in Princeton, MN?

The average rent for a two-bedroom apartment in Princeton, MN is $995 per month.

5. What is the average rent for a three-bedroom apartment in Princeton, MN?

The average rent for a three-bedroom apartment in Princeton, MN is $3,200 per month.

6. What is the average rent for a four-bedroom apartment in Princeton, MN?

The average rent for a four-bedroom apartment in Princeton, MN is $2,088 per month.

7. How much does it cost to rent a house in Princeton, MN?

Houses in Princeton, MN rent between $625 - $3,200 with an average rent of $1,210.

8. How has the rent in Princeton, MN changed in the last year?

In the last year, the rent in Princeton, MN decreased by $391

9. How much has the rent in Princeton, MN increased/decreased in the last month?

In the last month, the rent in Princeton, MN increased by $38

10. How many available rentals are there in Princeton, MN?

There are currently 9 rentals available in Princeton, MN.

11. How do rent prices in Princeton, MN compare with the national average?

The average rent in Princeton, MN is $1,210 — 39.5% lower the national average of $2,000.

Zip codes in Princeton, MN