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Rent in Princeton, TX

A 2-bedroom in Princeton, TX (ZIP 75407) typically rents for about $1,733 a month, with a range of $1,235–$2,230. Owner-occupied homes in Collin County pay about 1.58% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in Princeton, TX by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$1,488$1,135–$1,8401
1 bed$1,900$1,536–$1,9001
2 beds$1,733$1,235–$2,2301
3 beds$2,514$2,218–$2,8101
4 beds$2,992$2,413–$3,5701

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Princeton ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Princeton, TX?
About $1,733 a month: the median of the typical rents in 1 ZIP code, which range from $1,235–$2,230. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Princeton, TX?
About $1,900 a month: the median of the typical rents in 1 ZIP code, which range from $1,536–$1,900. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Princeton, TX?
About $2,514 a month: the median of the typical rents in 1 ZIP code, which range from $2,218–$2,810. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Princeton, TX?
About $1,488 a month: the median of the typical rents in 1 ZIP code, which range from $1,135–$1,840. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Princeton, TX?
About $2,992 a month: the median of the typical rents in 1 ZIP code, which range from $2,413–$3,570. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Princeton, TX?
Owner-occupied homes in Collin County pay a typical 1.58% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Princeton rent figures come from?
HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).