Princeton, located in Caldwell County, Kentucky, is a quaint city known for its rich history, friendly community, and close proximity to both natural beauty and modern amenities. The city is characterized by its charming downtown area, well-maintained parks, and a variety of local events that foster a close-knit community atmosphere. This document outlines the best residential areas in Princeton, along with detailed insights into their characteristics, housing options, and average prices.
Table of Contents
Downtown Princeton

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Downtown Princeton is the cultural hub of the city, offering a blend of historic buildings, local shops, and lively events throughout the year. It’s ideal for those who enjoy being at the center of activities and appreciate a vibrant community.
Characteristics of the Downtown Princeton
* Culture: Arts and community events, local theaters
* Transportation: Walkable area with public transport options
* Services: Restaurants, cafes, boutiques, and community services
* Environment: Lively, friendly, and engaging
Housing Options in the Downtown Princeton
Historic homes, Townhouses, Apartments
Average Home Prices in the Downtown Princeton
* Buying: $140,000 – $220,000
* Renting: $900 – $1,300/month
Caldwell Heights

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Caldwell Heights is a residential neighborhood known for its family-friendly environment and spacious properties. It offers a peaceful atmosphere while still being close to town amenities, making it perfect for families and retirees alike.
Characteristics of the Caldwell Heights
* Culture: Family-oriented, community gatherings
* Transportation: Car is recommended, local roads are well-maintained
* Services: Schools, parks, and grocery stores nearby
* Environment: Quiet, suburban, and safe
Housing Options in the Caldwell Heights
Single-family homes, Duplexes
Average Home Prices in the Caldwell Heights
* Buying: $160,000 – $250,000
* Renting: $1,000 – $1,600/month
Princeton Country Club Area

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The Princeton Country Club area is known for its picturesque scenery and upscale living. It attracts those who enjoy recreational activities such as golfing and offers larger homes with generous yards.
Characteristics of the Princeton Country Club Area
* Culture: Golfing community, upscale lifestyle
* Transportation: Car essential, with easy highway access
* Services: Country club, recreational facilities, and upscale dining
* Environment: Luxurious, serene, and spacious
Housing Options in the Princeton Country Club Area
Luxury homes, Estates
Average Home Prices in the Princeton Country Club Area
* Buying: $250,000 – $400,000
* Renting: $1,500 – $2,500/month
Lake Barkley Area

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The Lake Barkley area is perfect for nature lovers and those looking for a more tranquil environment. This area offers access to the lake for recreational activities such as fishing, boating, and hiking.
Characteristics of the Lake Barkley Area
* Culture: Outdoor activities, nature-centric community
* Transportation: Car required, remote areas accessible by local roads
* Services: Limited, primarily outdoor recreation-focused
* Environment: Peaceful, community-oriented, scenic
Housing Options in the Lake Barkley Area
Lakefront homes, Cabins
Average Home Prices in the Lake Barkley Area
* Buying: $180,000 – $300,000
* Renting: $1,000 – $1,800/month
North Princeton

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North Princeton is characterized by a suburban feel and offers a good mix of residential options. It’s a family-friendly area that is also conveniently located near schools and shopping centers.
Characteristics of the North Princeton
* Culture: Community-focused, local schools and events
* Transportation: Good access to main roads, public transport available
* Services: Shopping centers, schools, and local parks
* Environment: Friendly, accommodating, and convenient
Housing Options in the North Princeton
Single-family homes, Row houses
Average Home Prices in the North Princeton
* Buying: $150,000 – $230,000
* Renting: $950 – $1,400/month
South Princeton

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South Princeton offers a mix of residential and agricultural properties, popular among those who prefer living a little further from the hustle and bustle while still being close to essential services.
Characteristics of the South Princeton
* Culture: Rural charm, agricultural community
* Transportation: Car necessary, rural roads available
* Services: Basic amenities, close-knit local community
* Environment: Quiet, laid-back, and spacious
Housing Options in the South Princeton
Farmhouses, Single-family homes
Average Home Prices in the South Princeton
* Buying: $130,000 – $210,000
* Renting: $800 – $1,200/month
Frequently Asked Questions About the Best Residential Areas in Princeton:
The best residential areas in Princeton include Downtown Princeton, Caldwell Heights, Princeton Country Club Area, Lake Barkley Area, North Princeton, and South Princeton.
Caldwell Heights and North Princeton are often recommended for families due to their schools and community-focused environment.
The Princeton Country Club Area features larger homes and upscale living options.
Home prices vary by area, typically ranging from $130,000 to $400,000 depending on the neighborhood and home characteristics.
The Lake Barkley Area is ideal for those seeking outdoor recreation, including fishing and hiking.
Public transport is available but limited; having a car is recommended to access various parts of the city effectively.
Downtown Princeton boasts restaurants, shops, cafes, and community services, making it a vibrant area for residents.
South Princeton generally has more affordable housing options compared to other areas.
Caldwell Heights and North Princeton are close to some of the best schools in the area.
Caldwell Heights and the Princeton Country Club Area are popular among retirees for their peaceful environments and community amenities.
Conclusion on the Best Residential Areas in Princeton:
Princeton, KY offers a diverse array of residential options that cater to different preferences and lifestyles. From the vibrant cultural scene in Downtown Princeton to the serene and nature-centric Lake Barkley Area, there is something for everyone. Families will appreciate the close-knit communities of Caldwell Heights and North Princeton, while those seeking luxury can find beautiful homes in the Princeton Country Club Area. Whether you prefer the amenities of city life or the tranquility of rural living, Princeton provides a fulfilling and inviting place to call home.
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.