States › Florida › Princeton

Is Princeton, FL expensive to live in?

ExpensiveRent takes 34 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,53645% higher than U.S. average
💵 Families earn per year (2026)$89,975about $7,498/month · 3% higher than U.S. average
🔑 House price$426,90028% higher than U.S. average

Rent is higher than in 86% of U.S. cities. A typical house costs about 4.7 years of household income. Commutes are long, about 40.5 minutes each way.

How much money do I need?

To rent here comfortably, you should earn about $101,440 a year. That is $49 an hour at a full-time job.

Is rent cheaper than other Florida cities?

No. Rent here is more expensive than in most of Florida. It is number 400 of 479 cities from cheapest to most expensive.

Princeton
$2,536
Meadow Woods
$2,279
Lake Worth Beach
$1,811
Hallandale Beach
$2,004
DeLand
$1,532
North Miami Beach
$2,035
Lakewood Ranch
$2,568

How much do households earn in Princeton?

Under $25k
10.4%
$25k–50k
18.7%
$50k–100k
40.5%
$100k–150k
18.7%
$150k+
8.9%

Share of households by yearly income. 27.6% of households earn $100,000 or more.

Rent by apartment size in Princeton

SizePrincetonU.S. average
1 bedroom$1,422$1,324
2 bedrooms$1,669$1,509
3 bedrooms$1,966$1,698
4 bedrooms$1,983$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Princeton overall?

Everyday prices in Florida overall are 3% above the U.S. average (index 103.4, U.S. = 100).

Housing
122
Goods (food, clothes…)
98
Utilities
90
Other services
101
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Princeton, so the Florida figure is shown.

Taxes and bills in Princeton

🏛️ Property tax$4,577a year · 1.07% of home value · U.S. $3,119
⚡ Electric bill$197a month (typical) · U.S. $156

Life in Princeton

Commute to work40.5 minU.S.: 26.4 min
College degree28%U.S.: 35.7%
Own their home69.3%U.S.: 65.2%
Below poverty line10.5%U.S.: 12.5%
Unemployment5.1%U.S.: 5.2%

Is it cheaper to rent or buy in Princeton?

Renting is cheaper right now: about $426 a month less.

Renting
$2,536
Owning
$2,962

Owning assumes a typical $426,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $42,690 for the down payment.

Frequently asked questions

What is the average rent in Princeton, FL?

Renting in Princeton costs a median of about $2,536 a month in 2026, including utilities. The Florida median is $1,963.

How much do I need to make to live in Princeton?

To keep rent under 30% of income, you need about $101,440 a year, or $49 an hour at a full-time job.

Is Princeton cheap or expensive?

Princeton is rated Expensive: rent takes 33.8% of the typical household income of $89,975. It ranks 400th cheapest of 479 Florida cities we track.

How much are property taxes in Princeton?

The median homeowner in Princeton pays $4,577 a year in property taxes, about 1.07% of the median home value.

Is Princeton more expensive than the national average?

Overall prices in Florida are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Princeton?

The median home value in Princeton is $426,900, about 4.7 times the typical yearly household income.

42,625 people live in Princeton. Numbers are typical (middle) values.