Cheap Apartments for Rent in the Preston Hollow Neighborhood of Dallas, TX from $600 (96 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Preston Hollow area of Dallas.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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An Insider's Playbook: How to Live in Dallas Like You've Been Here for Years

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Preston Hollow, Dallas, TX Local Guide

Cheapest Available Preston Hollow Apartments for Rent

 

The cheapest available apartment rental in the Preston Hollow area of Dallas, TX is a Studio unit found at The Ridge on Spring Valley priced from $718. Davenport Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $723. Here are the most affordable Preston Hollow apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
The Ridge on Spring ValleyS1UStudio,1BA$718
Davenport ApartmentsPlan A21BR,1BA$723
Montfort Crossingmona11BR,1BA$726
La Fortuna ApartmentsA1Studio,1BA$755
Windridge On The ParkwayA51BR,1BA$787
LuminaA11BR,1BA$794
Century ParkEFF1BR,1BA$799
HeliosE1Studio,1BA$804
Aberdeen @ BellmarStudioStudio,1BA$805
Tides at North DallasA11BR,1BA$835

Best Value Apartments for Rent in Preston Hollow, TX

As of November 23, 2025 the best value apartment in the Preston Hollow area is the $1.48 price per square foot 3 Bedroom, 2 Bath Model at Preston Park in the in the Preston Hollow neighborhood starting from $1,705. The second greatest value Preston Hollow apartment is the Hampton Model at Huntington Townhomes starting at $1,214 with a $1.18 price per square foot in the Preston Hollow neighborhood. Here is today’s list of the best values for Preston Hollow apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Preston Park3 Bedroom, 2 Bath3BR,2BA$1.48
Huntington TownhomesHampton2BR,1.5BA$1.18
Hidden Bend TownhomesA1 WITH YARD1BR,1.5BA$1.33
Davenport ApartmentsPlan A91BR,1BA$1.33
Preston CreekRuby Hill1BR,1BA$1.34
SUMMIT PARQUE, LLCA11BR,1BA$1.41
Windridge On The ParkwayT21BR,1BA$1.47
VentanaA31BR,1BA$1.30
Noel on the ParkwayA21BR,1BA$1.51
Seville @ BellmarA21BR,1BA$1.41

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Top Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX

Learn about the best Dallas neighborhoods for student renters by our Dallas, TX Local Expert Tiffany Clark

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Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Preston Hollow, Dallas, TX

Ranked #37

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

This website compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Preston Hollow, Dallas, and the greater Dallas area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, places that make kids happy, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Preston Hollow Apartments

What is a cheap apartment in Preston Hollow?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Preston Hollow is under $835.

What is the price of a cheap apartment in Preston Hollow?

The cheapest apartment in Preston Hollow is Davenport Apartments which is listed at $723, while the average apartment in Preston Hollow costs $10,720.

What types of apartments are the cheapest in Preston Hollow?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 175 regular apartments in Preston Hollow that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Preston Hollow?

Cheap apartments in Preston Hollow have an average cost of $331 which is $10,389 cheaper than the average rent for all rentals in Preston Hollow.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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The 10 Best Affordable Neighborhoods in Dallas, TX

Written by: Tiffany Clark

Dallas is a vibrant, dynamic city that offers no shortage of opportunities and a high quality of living for young professionals, families, and retirees.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.