4

Princeton, IL Houses for Rent

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  • 827 S 1st St, Princeton, IL 61356
    827 S 1st St, Princeton, IL 61356
    827 S 1st St, Princeton, IL 61356
    /19

    $1,100

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,368 Sq Ft
    • House for Rent

    827 S 1st St, Princeton, IL 61356

    AVAILABLE AUGUST 10TH. Beautiful quaint historic home situated perfectly in a quiet neighborhood near Princeton's highly sought after South Main Street. This 2 bedroom 1 bathroom home is ideal for single individuals, couples or young families just starting out. This home offers a covered porch with swing, bonus room, 3/4 fenced in back yard + garden shed, deck overlooking the backyard, large

    827 S 1st St, Princeton, IL 61356
  • 9 N Randolph St, Princeton, IL 61356
    9 N Randolph St, Princeton, IL 61356
    9 N Randolph St, Princeton, IL 61356
    /13

    $900 Per Month

    • 2 Beds
    • 1 Bath
    • 710 Sq Ft
    • House for Rent

    9 N Randolph St, Princeton, IL 61356

    Come check out this cozy main level 2-bedroom 1 bath unit. Conveniently located just a couple blocks off Princeton's Main St. The unit has a nice sized bathroom with laundry hookups if tenant wishes to provide their own washer and or dryer. Online application paid by prospective tenants, all adults must complete app.

    Kendra Gentry Landmark Realty of Illinois LLC

    9 N Randolph St, Princeton, IL 61356
  • 1016 N Maple St Unit B, Princeton, IL 61356
    1016 N Maple St Unit B, Princeton, IL 61356
    1016 N Maple St Unit B, Princeton, IL 61356
    /8

    $775 Per Month

    • 1 Bed
    • 1 Bath
    • House for Rent

    1016 N Maple St Unit B, Princeton, IL 61356

    Large one bedroom apartment in Princeton. The apartment includes kitchen appliances, AC and off-street parking. Large living room, bedroom, kitchen and deck.

    Adam Finley Illinois Valley Property Management

    1016 N Maple St Unit B, Princeton, IL 61356
  • 301 N 1st St, Princeton, IL 61356
    301 N 1st St, Princeton, IL 61356
    301 N 1st St, Princeton, IL 61356
    /20

    $1,200 Per Month

    • 2 Beds
    • 1 Bath
    • 890 Sq Ft
    • House for Rent

    301 N 1st St, Princeton, IL 61356

    Come check out this cute 2 bedroom 1 bath home. The home offers ample closet space, laundry room, an enclosed front porch, and an oversized 1 car garage. Just minutes from Princeton's vibrant downtown area, maybe it's just what you are looking for! Tenants are responsible for all utilities and lawn maintenance. There is an online application required for each adult.

    Kendra Gentry Landmark Realty of Illinois LLC

    301 N 1st St, Princeton, IL 61356
Illinois Bureau County

Houses for Rent in Princeton, IL

Frequently Asked Questions

How much does it cost to rent a single-family home in Princeton, IL?
The median rent for a single-family home in Princeton, IL is $950 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Princeton, IL?
To comfortably afford the median rent in Princeton, IL, a household needs to earn roughly $43,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,095 per month in Princeton, IL, renters typically need to show $3,285 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Princeton, IL?
In Princeton, IL, the price-to-rent ratio is 12.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Princeton, IL

There are currently 4 single-family homes available for rent in Princeton, IL. The median rent is $950 per month, with 3-bedroom houses renting at $900.

Rental Home Trends

Number of Houses for Rent
4
Median Single Family Home Rent
$950
Median 3 Bedroom Single Family Home Rent
$900
How to Rent a Home

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