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Affordable
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These days, finding an affordable place to live in the Princeton area can be challenging. Home prices in Princeton are now at a median cost of $439,282, higher than the Florida average of $396,783.
The average cost of rent is $1,756/mo in Princeton, primarily driven by the current value of real estate in the Princeton area. In Princeton, 33.29% of households rent, and 25.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Princeton is $6,760 per month. Households that rent pay about 25.98% of their income on rent here. Princeton’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Naranja, FL: less expensive homes
- Goulds, FL: equally priced homes
- Leisure City, FL: less expensive homes
- South Miami Heights, FL: equally priced homes
- Cutler Bay, FL: higher priced homes
- Perrine, FL: less expensive homes
- West Perrine, FL: equally priced homes
- Homestead, FL: equally priced homes
- Richmond West, FL: higher priced homes
- Palmetto Estates, FL: equally priced homes
Cities with Similar Populations
- Draper, UT: higher priced homes
- Morrisville, PA: higher priced homes
- Quincy, IL: less expensive homes
- Haltom City, TX: less expensive homes
- Grovetown, GA: less expensive homes
- Florin, CA: less expensive homes
- Florence, KY: less expensive homes
- East Lansing, MI: less expensive homes
- East Hartford, CT: less expensive homes
- Cypress, CA: higher priced homes
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