By Contre Management | Published November 4, 2026

 

Quick answer: Princeton, TX was named the fastest-growing city in the U.S. by the Census Bureau, growing 30.6% between July 2023 and July 2024 to more than 37,000 residents. Homes cost far less than in nearby McKinney and Frisco, which is drawing buyers, renters and investors.

 

If you’re thinking about buying, renting or investing in Princeton real estate, here’s what’s behind the boom.

 

Why Is Princeton, TX Growing So Fast?

The draw is affordability. Princeton is in the path of growth north of Dallas, but homes cost far less than in neighboring cities. That lower price is bringing in families who’ve been priced out of McKinney, Frisco and other North Dallas suburbs.

 

Princeton, TX by the Numbers

• Population growth: 30.6%, July 2023 to July 2024 (U.S. Census Bureau estimates, via the City of Princeton)
• Population: about 28,000 to more than 37,000
• Median list price, April 2025: about $337,000 (Realtor.com)
• Compared with: McKinney at about $550,000 and Frisco at about $727,000 (Realtor.com, April 2025)
• Median household income: about $90,800 (Realtor.com)

 

Is Princeton, TX a Good Place to Invest in Rental Property?

When a city grows this quickly, new residents need somewhere to live. A lower entry price in a market where people keep arriving makes Princeton worth a close look for anyone considering rental property in North Texas.

Growth this fast also brings change. Realtor.com reported that the city paused new residential construction in 2024 so roads and utilities could catch up, with about 10,000 homes still in the pipeline. As with any market, review the numbers carefully and talk with a local property manager before you buy.

 

Homes for Lease in Princeton, TX

Looking to rent in Princeton? See our current homes for lease across Princeton, Argyle, Keller and the rest of the Dallas-Fort Worth area.

 

Property Management in Princeton, TX

Contre Management handles leasing, tenants and day-to-day management for property owners across Texas. If you own or are considering a rental in Princeton, we can help you make the most of it.

Interested? Reach out to learn more:
📞 817-798-9118
📧 admin@contremanagement.com

 

Frequently Asked Questions

 

Is Princeton, TX the fastest-growing city in the U.S.?
According to Census Bureau estimates released in 2025, yes. Princeton grew 30.6% between July 2023 and July 2024.

Why is Princeton, TX growing so fast?
Affordability. Homes cost much less than in nearby North Dallas suburbs like McKinney and Frisco.

Is Princeton, TX a good place to buy rental property?
Population growth means ongoing demand for housing, and the lower entry price is a draw. Every investment carries risk, so review the numbers carefully or talk with a local property manager.

Does Contre Management have homes for lease in Princeton?
Yes. See our current listings.

Sources: City of Princeton | Realtor.com