Princeton, Florida Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Princeton, Florida rental market.

Princeton, Florida

Average Apartment Rent

$2,132

Y-o-Y Change in Average
Apartment Rent

0.2%

As of May 2026

Compared to a year ago, Princeton, Florida apartments have recorded a 0.2% rent increase.

Princeton, Florida Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Princeton $2,030 $2,043 $2,045 $2,057 $2,103 $2,115 $2,133 $2,094 $2,168
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Princeton
National
Jul 2023
$2,030
$1,741
Nov 2023
$2,043
$1,732
Mar 2024
$2,045
$1,736
Jul 2024
$2,057
$1,756
Nov 2024
$2,103
$1,749
Mar 2025
$2,115
$1,755
Jul 2025
$2,133
$1,767
Nov 2025
$2,094
$1,753
Mar 2026
$2,168
$1,750

Princeton, Florida Average Apartment Rent

Princeton, Florida Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 50.06%, apartments priced $1,500 - $2,000 represent the bulk of Princeton, Florida rentals, while condos priced Over $3,000 hold the lowest share of the market – 3.24%.

Princeton, Florida Housing tenure**

Renter occupied housing units 3,229
Owner occupied housing units 7,920

Renters take up 29% of Princeton, Florida real estate, occupying a total of 3,229 units, while homeowners live in 7,920 properties.

Median number of rooms of renter-occupied housing units**

4.7

Renter median household income**

$53,058

Average household size of renter-occupied housing units**

3.19

Rental vacancy rate**

3.5%

Princeton, Florida Renter-occupied housing units by no. of bedrooms**

1 bed 521
2 beds 803
3 beds 1,415
4 beds 490

There are 1,415 rentals in Princeton, Florida with 3 beds making up the highest share of the market, at 44%. Units with 4 beds, on the other hand, hold the lowest percentage (15%), amounting to 490 units. Overall, the median number of rooms in Princeton, Florida homes for rent is 4.7.

Princeton, Florida Renter-occupied units by age of householder**

15 - 24 years 132
25 - 34 years 600
35 - 44 years 1,019
45 - 54 years 685
55 - 59 years 145
60 - 64 years 191
65 - 74 years 416
75 - 84 years 33

Most condos for rent in Princeton, Florida are occupied by residents in the 35 - 44 years age group (32%), followed by those in the 45 - 54 years age group (21%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 1%.

Princeton, Florida Renter-occupied housing units by family type**

Family households 2,329
Non-Family Households 900

Princeton, Florida Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 1,468
No related children of the householder under 18 1,761

A total of 2,329 apartments for rent in Princeton, Florida, or 72% of all rentals are family households. Additionally, 45% of rental homes include children under the age of 18 – that’s 1,468 units. All in all, the median size of a renter-occupied household in Princeton, Florida is 3.19.

Princeton, Florida Renter-occupied housing units by educational attainment**

Less than high school graduate 619
High school graduate (including equivalency) 829
Some college or associate's degree 1,060
Bachelor's degree or higher 721

In terms of education, renters holding bachelor degrees or higher make up 22% of the rental market. In contrast, residents with less than a high school degree reside in 19% of the homes for rent in Princeton, Florida.

Princeton, Florida Renter-occupied units by year structure built**

Built 2020 or later 64
Built 2010 - 2019 1,546
Built 2000 - 2009 752
Built 1990 - 1999 335
Built 1980 - 1989 362
Built 1970 - 1979 24
Built 1950 - 1959 136

The highest share of Princeton, Florida apartment rentals, namely 48% or 1,546 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (23%, 752 units), and the ones Built 1980 - 1989 (11%, 362 units).

Princeton, Florida Renter-occupied units by year householder moved in**

Moved in 2021 or later 121
Moved in 2018 to 2020 1,132
Moved in 2010 to 2017 1,797
Moved in 2000 to 2009 124
Moved in 1990 to 1999 55

Median year renter moved into unit 2016

Most Princeton, Florida renters (56%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Princeton, Florida condos for rent is 2016.

Princeton, Florida Renter-occupied housing units by vehicles available**

No vehicle available 151
1 vehicle available 1,439
2 vehicles available 1,130
3 vehicles available 303
5 or more vehicles available 206

When it comes to transportation options, 45% of Princeton, Florida renters have 1 vehicle available per household, 35% of them have 2 vehicles available, and 9% have 3 vehicles available.

Princeton, Florida Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 3,860
Car, truck, or van - carpooled 801
Public transportation (excluding taxicab) 104
Taxicab, motorcycle, bicycle, or other means 107
Worked at home 543

Princeton, Florida Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 8,386
Moved within same county 1,254
Moved from different county within same state 125
Moved from abroad 408

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Princeton, Florida apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

Check out rentals available in Princeton, Florida