Average Rent in Princeton, FL

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Current Versus Historical Princeton, FL Rents

Princeton rentals average $1,650 for a 1-bedroom rental to $3,900 for a 4-bedroom rental. The median price of all currently available listings is $2,900, or roughly $2 per square feet.
For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $585 (-95.12%) year-over-year from $615 to $30. 1-bedroom rentals prices have increased by $58 (3.53%) year-over-year from $1,630 to $1,688. 2-bedroom rentals prices have increased by $91 (4.01%) year-over-year from $2,260 to $2,350. 3-bedroom rentals prices have decreased by $33 (-1.20%) year-over-year from $2,783 to $2,750. 4-bedroom rentals prices have increased by $433 (12.50%) year-over-year from $3,467 to $3,900. 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 1.70% this month. 2-bedroom rents have gone up by 1.15% this month. 3-bedroom rents have gone down by 0.60% this month. 4-bedroom rents have gone up by 11.43% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.00 $1,688 $1,630 (3.53%) $1,313 (28.57%)
2 BR $1.83 $2,350 $2,260 (4.01%) $1,700 (38.24%)
3 BR $1.85 $2,750 $2,783 (-1.20%) $2,082 (32.11%)
4+ BR $1.74 $3,900 $3,467 (12.50%) $2,850 (36.84%)

Historical Rents in Princeton, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Princeton

There are a total of 3 cities nearby Princeton. The average rent in Princeton is currently $2,900 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Homestead, FL, with an average rent of $2,600, is the most affordable city nearby. In contrast, the most expensive city near Princeton, FL is Cutler Bay, FL. Monthly rents here are on average $3,000 per month.

Let's compare Princeton, FL's rent against other top cities nearby by bedroom size. One bedrooms are equivalent to other nearby cities' one bedroom rents. Two bedrooms in Princeton, FL are about 0.96% more expensive. Finally, rent for three bedrooms are about 1.75% more expensive. Want more information? Check out the top 3 cities near Princeton, FL in the following chart.
City Studio 1 Bed 2 Bed All
Homestead, FL N/A $1,350 $2,050 $2,600
Princeton, FL N/A $1,650 $2,600 $2,900
Cutler Bay, FL N/A $1,738 $2,575 $3,000

Top Neighborhoods Near Princeton

There are a total of 1 neighborhoods in or near Princeton. We've included all of these top 1 neighborhoods in or near Princeton, FL in the following chart.

The average rent for these 1 neighborhoods in or near Princeton, FL is currently around $3,000 per month. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than Princeton's average rent, which is only $2,900. Out of all the neighborhoods in or near Princeton, Cutler Bay has the most affordable average rent at $3,000 per month. Whereas, at $3,000 average rent per month, Cutler Bay is the most expensive neighborhood in or near Princeton. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Cutler Bay, FL N/A $1,738 $2,575 $3,000

Top Counties Near Princeton

There are a total of 1 counties located by Princeton, FL. The average rent for rentals in these counties is $2,825. That's roughly around $2 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Princeton-Goulds, FL. It's average rent per month is $2,825. Vice versa, with an average rent of $2,825, Princeton-Goulds, FL is the most expensive county by Princeton, FL.

Typically, rent for studios in Princeton, FL is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Princeton, FL is on par with the other counties nearby. Finally, rent for two bedrooms in Princeton, FL is 12.02% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Princeton-Goulds, FL $1,250 $1,650 $2,288 $2,825

Top Zipcodes Near Princeton

There are a total of 4 zipcodes in or near Princeton, FL. The average rent for all of these zipcodes is $2,875. A total of 3 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33033, Homestead Base, FL at $2,650 per month. In comparison, the zipcode with the most expensive average rent of $3,600 per month is 33157, Palmetto Bay, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Princeton, FL is $1,563 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,350 per month. Which comes out to $2 per sqft. The following chart includes the top 4 zipcodes in Princeton, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33032, Princeton, FL $1,350 $1,650 $2,225 $2,850
33033, Homestead Base, FL N/A $1,450 $2,400 $2,650
33177, South Miami Heights, FL N/A $1,500 $2,425 $2,900
33157, Palmetto Bay, FL N/A $1,625 $2,300 $3,600

Frequently Asked Questions - Princeton Average Rents

What is the average rent price in Princeton, FL?
The average monthly rental price for Princeton, FL apartments for rent is approximately $2,900. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Princeton, FL 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, FL.
How much is a studio apartment in Princeton, FL?
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 0 studio apartment listings currently available for rent in Princeton.
How much is a one bedroom apartment in Princeton, FL?
The average monthly rental price for one bedroom apartments is $1,650 and an average price per square feet of $2.00. There are a total of 6 one bedroom apartment listings currently available for rent in Princeton.
How much is a two bedroom apartment in Princeton, FL?
The average monthly rental price for two bedroom apartments is $2,600 and an average price per square feet of $1.83. There are a total of 3 two bedroom apartment listings currently available for rent in Princeton.
How have rent prices in Princeton, FL changed this year?
Rent prices for rentals in Princeton, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.95%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by 0.04%, and three bedroom rental prices have changed by -0.01% year-over-year.
What is a reasonable rent price in Princeton, FL?
A reasonable rent price in Princeton, FL is around $2,320/month. You can search for these reasonably priced rental listings on RentHop.
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