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Princeton, IN Condos for Rent

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    $995 Per Month

    • 1 Bed
    • 1 Bath
    • 820 Sq Ft
    • Condo for Rent

    108 N Main St Unit 201, Princeton, IN 47670

    High Efficiency 1 Bedroom Apartment Now Available!1 bedroom 1 bath high efficiency apartment on the square in Princeton, Indiana. Apartment will feature granite countertops in kitchen and bathroom, heated tile floor in bathroom, luxury vinyl flooring, stove, refrigerator, microwave, dishwasher, washer and dryer included. The building, originally constructed in 1910, stands as a

    108 N Main St Unit 201, Princeton, IN 47670
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    $1,295 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    108 N Main St Unit 203, Princeton, IN 47670

    1 Bedroom • 1 Bath • High-Efficiency Apartment on the Princeton SquareEnjoy modern living in the heart of downtown Princeton. This newly finished, energy-efficient 1-bedroom apartment offers comfort, style, and convenience just steps from the square.Features include:Granite countertops in both the kitchen and bathroomHeated tile flooring in the

    108 N Main St Unit 203, Princeton, IN 47670

Frequently Asked Questions

How much does it cost to rent a condo in Princeton, IN?
The median rent for a condo in Princeton, IN is $1,145 per month, though prices vary by neighborhood, size, and property type. As of July 2026, townhouses tend to be the most affordable option while single-family homes and condos are currently more expensive.
How much do you need to make to afford rent in Princeton, IN?
To comfortably afford the median rent in Princeton, IN, a household needs to earn roughly $48,800 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 $1,220 per month in Princeton, IN, renters typically need to show $3,660 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, IN?
In Princeton, IN, the price-to-rent ratio is 11.4, 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

Number of Condos for Rent
2
Median Condo Rent
$1,145
Median 1 Bedroom Condo Rent
$1,145
How to Rent a Home