
Cheap Apartments for Rent in the Prestonwood Neighborhood of Dallas, TX from $700 (232 Rentals)
Search the lowest-cost Apartments available for rent right now in the Prestonwood area of Dallas.


Meadowcrest Apartments

Rock Creek

The Park on Preston

Montfort Crossing

Total Monthly Price
The Jasmine Apartments

Palencia

AVIA Apartments On Alpha

The Landing at McCallum

Trinity Village Apartments
The Real Cost of Living in Dallas: Straight Talk From Your Local Expert
Planning a move to Dallas? Get the inside track on the true cost of living, from housing and electricity to commuting, from a 30-year local expert.

Total Monthly Price
Junction at 7760

Preston Pointe

Century Park

6905 Mill Falls Dr

SUMMIT PARQUE, LLC

The Emily Apartments at North Dallas

13740 Montfort Dr, Unit Doral & Montfort Valley - Studio

Chatham Court and Reflections

Enclave at Prestonwood

Lexington Apartment Homes
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Total Monthly Price
Villas of Bent Trails

McCallum Highlands

Northwood Heights Apartments

Vesper

14117 Montfort Dr

Suncrest

Total Monthly Price
Daxton

Verlaine on the Parkway

Windridge On The Parkway

5636 Apartment Homes
Beyond Big D: The Ultimate Renter's Guide to 5 Key Cities in the DFW Area
Your complete guide to renting in the DFW suburbs. Learn about 5 cities near Dallas—from the affordability of Duncanville to the upscale living of Southlake—to choose where to call home.

District at Midtown

Preston Park

The Doral & Montfort Valley

Ashwood Park Apartments

Preston Creek

13740 Montfort Dr, Unit Doral & Montfort Valley - 1 Bedroom

The Regent

Northwood Hills Apartments

The Manhattan Apartments

Preston Valley
The 4-Step Checklist for Moving to Dallas: A Local Expert's Guide to Utilities, Licenses, and Housing
Your ultimate DFW Moving Guide: From finding the perfect Dallas neighborhood (Downtown, Oak Lawn, Casa View) to setting up utilities.

Total Monthly Price
Tiburon

Ventana

Z - Waterford at Goldmark

MAA Highlands North

The Dorchester Apartments

Blue Springs Apartments

Preston Racquet Club Apartments

The Saxony Apartments

The Courts at Preston Oaks

Total Monthly Price
Esperanza Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Prestonwood, Dallas, TX Local Guide

How much does it cost to rent an apartment in Prestonwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prestonwood Studio Apartments | $1,307 | $799 | $4,965 |
| Prestonwood 1 Bedroom Apartments | $1,466 | $740 | $10,000+ |
| Prestonwood 2 Bedroom Apartments | $1,927 | $1,101 | $10,000+ |
| Prestonwood 3 Bedroom Apartments | $2,234 | $1,500 | $7,295 |
| Prestonwood 4 Bedroom Apartments | $16,095 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 232 rentals with your search options within a 2 mile radius of the Prestonwood Neighborhood of Dallas, TX.
See all Apartments in DallasExplore Dallas
Prestonwood, Dallas, TX Local Guide
- Nearby Dallas neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Prestonwood Apartments for Rent
 The cheapest available apartment rental in the Prestonwood area of Dallas, TX is a 1 Bed unit found at Rock Creek priced from $778. Montfort Crossing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $789. Here are the most affordable Prestonwood apartments for rent in Dallas, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rock Creek | A2 | 1BR,1BA | $778 |
| Montfort Crossing | mona2 | 1BR,1BA | $789 |
| The Jasmine Apartments | A3 | 1BR,1BA | $790 |
| AVIA Apartments On Alpha | The Brookhaven ADA | 1BR,1BA | $799 |
| Palencia | E2 | Studio,1BA | $799 |
| Trinity Village Apartments | A | 1BR,1BA | $801 |
| The Landing at McCallum | A3 | 1BR,1BA | $825 |
| Meadowcrest Apartments | A3 | 1BR,1BA | $825 |
| Preston Pointe | A1 | 1BR,1BA | $829 |
Best Value Apartments for Rent in Prestonwood, TX
As of August 19, 2026 the best value apartment in the Prestonwood area is the $0.47 price per square foot 1200 Plaza Way Model at 1200 Plaza Way, Unit 1200 Plaza in the in the Richardson neighborhood starting from $795. The second greatest value Prestonwood apartment is the Hartford Model at Huntington Townhomes starting at $1,527 with a $1.17 price per square foot in the Richardson neighborhood. Here is today’s list of the best values for Prestonwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1200 Plaza Way, Unit 1200 Plaza | 1200 Plaza Way | 1BR,1.5BA | $0.47 |
| Huntington Townhomes | Hartford | 3BR,1.5BA | $1.17 |
| Preston Racquet Club Apartments | B2TH | 2BR,2BA | $1.15 |
| La Mirada | B1R | 2BR,2BA | $1.33 |
| Cottonwood | B4 | 2BR,2BA | $1.31 |
| SUMMIT PARQUE, LLC | B1 | 2BR,2BA | $1.29 |
| Preston Creek | Sapphire Hill | 1BR,1.5BA | $1.33 |
| Tiburon | A2 | 1BR,1BA | $1.33 |
| Amber Dawn Apartments | Aurora II | 1BR,1BA | $1.28 |
| Noel on the Parkway | A2 | 1BR,1BA | $1.27 |
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.
Read ArticleTop 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
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestylePrestonwood, Dallas, TX
Ranked #13
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Prestonwood, Dallas, TX
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in areas across the United States and customized analysis for Northern Dallas. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Prestonwood Apartments
What is a cheap apartment in Prestonwood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Prestonwood is under $829.
What is the price of a cheap apartment in Prestonwood?
The cheapest apartment in Prestonwood is Rock Creek which is listed at $778, while the average apartment in Prestonwood costs $1,470.
What types of apartments are the cheapest in Prestonwood?
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 121 regular apartments in Prestonwood 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 Prestonwood?
Cheap apartments in Prestonwood have an average cost of $206 which is $1,264 cheaper than the average rent for all rentals in Prestonwood.
Expert Rental Resources
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.
Helpful Local Expert Guides

The Real Cost of Living in Dallas: Straight Talk From Your Local Expert
Written by: Tiffany Clark
Getting a job offer to move to an exciting city like Dallas is a big deal. Who wouldn't be excited about that, right.

Beyond Big D: The Ultimate Renter's Guide to 5 Key Cities in the DFW Area
Written by: Tiffany Clark
Living in a huge metropolitan city like Dallas is amazing. You never run out of things to do, and opportunities abound.

The 4-Step Checklist for Moving to Dallas: A Local Expert's Guide to Utilities, Licenses, and Housing
Written by: Tiffany Clark
The idea of moving somewhere new sounds fun and exciting. At first. Then you start thinking about all that's involved with it. Finding a place to live. Setting up utilities. Getting the kids in school. And who has the best wi-fi?

An Insider's Playbook: How to Live in Dallas Like You've Been Here for Years
Written by: Tiffany Clark
My ancestors on both sides were some of the earliest Texas settlers, and I have that big Texas pride that we Texans are famous for. While I've lived in other places, Texas always has been and always will be home.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.