Princeville, a small village located in Peoria County, Illinois, presents a unique and quaint environment for families, retirees, and individuals seeking a tight-knit community feel. Known for its beautiful landscapes and rural ambiance, Princeville offers a peaceful rural lifestyle with the convenience of urban amenities nearby. This article explores the best residential areas in Princeville, emphasizing their cultural significance, transportation options, available services, neighborhood ambiance, housing options, and average pricing, to help prospective residents make informed decisions.
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Downtown Princeville

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Downtown Princeville serves as the village's commercial and cultural hub, showcasing local shops, restaurants, and community events. This area is perfect for those who desire to be at the heart of village life, with easy access to parks and public services.
Characteristics of the Downtown Princeville
* Culture: Rich local history and community events
* Transportation: Public transport available, easy to walk around
* Services: Local grocery stores, small businesses, post office
* Environment: Community-oriented and lively
Housing Options in the Downtown Princeville
Single-family homes, townhouses
Average Home Prices in the Downtown Princeville
* Buying: $150,000 – $220,000
* Renting: $1,200 – $1,600/month
Princeville Heights

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Princeville Heights is a residential area characterized by spacious lots and a family-friendly atmosphere. It offers great views of the surrounding countryside, making it ideal for those looking for more space and a relaxed environment.
Characteristics of the Princeville Heights
* Culture: Family-oriented community activities and events
* Transportation: Car required for commuting, although pedestrian-friendly
* Services: Nearby schools, parks, and recreational facilities
* Environment: Quiet and suburban
Housing Options in the Princeville Heights
Single-family homes, split-level homes
Average Home Prices in the Princeville Heights
* Buying: $180,000 – $250,000
* Renting: $1,300 – $1,800/month
North Princeville

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North Princeville boasts a more rural setting, offering larger properties and a greater distance from urban settings. It's ideal for those who prefer a more serene environment while still being just a short drive from local amenities.
Characteristics of the North Princeville
* Culture: Agricultural and rural lifestyle, local farms
* Transportation: Car essential, limited public transportation
* Services: Local markets and farms, limited retail
* Environment: Scenic and tranquil
Housing Options in the North Princeville
Farmhouses, large parcels of land
Average Home Prices in the North Princeville
* Buying: $200,000 – $300,000
* Renting: $1,400 – $2,000/month
South Princeville

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South Princeville features a blend of residential areas and agricultural zones. Residents enjoy the benefits of living in a quiet community with strong neighbors and supportive local organizations.
Characteristics of the South Princeville
* Culture: Community-driven initiatives and local farming
* Transportation: Car required, local roads well-maintained
* Services: Nearby schools and local parks, access to outdoor activities
* Environment: Cozy and supportive community
Housing Options in the South Princeville
Ranch-style homes, small farms
Average Home Prices in the South Princeville
* Buying: $170,000 – $240,000
* Renting: $1,250 – $1,700/month
Princeville Estates

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Princeville Estates offers a more upscale living experience, featuring newer homes and well-maintained streets. It’s suited for families looking for a modern living space close to nature and community amenities.
Characteristics of the Princeville Estates
* Culture: Contemporary style homes, active neighborhood associations
* Transportation: Easy access to main roads, car necessary for commuting
* Services: Proximity to schools, shopping areas, and recreational parks
* Environment: Family-friendly and active
Housing Options in the Princeville Estates
Modern single-family homes, townhouses
Average Home Prices in the Princeville Estates
* Buying: $250,000 – $400,000
* Renting: $1,600 – $2,200/month
Princeville Lake Area

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The Lake Area in Princeville surrounds a picturesque lake, ideal for nature lovers and those who enjoy outdoor activities. It features recreational opportunities and is often seen as a getaway spot for families.
Characteristics of the Princeville Lake Area
* Culture: Outdoor recreation, nature-oriented lifestyle
* Transportation: Car needed, scenic drives available
* Services: Access to parks, fishing spots, local cafes
* Environment: Relaxed and nature-focused
Housing Options in the Princeville Lake Area
Lakefront homes, vacation homes
Average Home Prices in the Princeville Lake Area
* Buying: $300,000 – $450,000
* Renting: $1,800 – $2,500/month
Frequently Asked Questions About the Best Residential Areas in Princeville:
The top residential areas in Princeville include Downtown Princeville, Princeville Heights, North Princeville, South Princeville, Princeville Estates, and the Princeville Lake Area.
Princeville Heights is particularly recommended for families due to its spacious lots, schools, and community-oriented activities.
Yes, Princeville has public transportation options primarily in downtown, but having a car is advisable for more convenient commuting.
The average home price in Princeville varies by area, ranging from $150,000 to $450,000 depending on the neighborhoods and property types.
Best parks are generally found around the Princeville Lake Area, where families can enjoy nature and outdoor activities.
Yes, Princeville has several educational institutions ranging from elementary to high school, providing accessible options for families.
The cost of living in Princeville is relatively low compared to urban areas, with affordable housing and living expenses. However, prices may vary depending on the residential area.
Princeville offers a variety of housing options including single-family homes, townhouses, ranch-styles, and lakefront properties.
Yes, Princeville is considered a safe community with a low crime rate and a strong sense of neighborhood watch programs.
Princeville has a friendly, close-knit community atmosphere where residents often engage in community activities and local events.
Conclusion on the Best Residential Areas in Princeville:
Princeville is a charming village that offers a variety of residential options catering to different lifestyles and preferences. Whether you are looking for a vibrant community feel in Downtown Princeville, the serene environment of North Princeville, or the upscale conveniences of Princeville Estates, you will find a suitable home that meets your needs. With reliable access to schools, outdoor activities, and local amenities, Princeville stands out as an excellent choice for families, retirees, and anyone seeking the tranquility of rural living combined with urban advantages. The diverse range of residential neighborhoods ensures that all residents can find their ideal home in this picturesque setting.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.