Cheap Apartments for Rent in the Prestonwood Neighborhood of Dallas, TX from $600 (139 Rentals)

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

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Prestonwood, Dallas, TX Local Guide

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 Ventana priced from $675. Northwood Heights has the second lowest priced unit, which is a 1 Bed apartment currently listed from $709. Here are the most affordable Prestonwood apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
VentanaA21BR,1BA$675
Northwood HeightsA21BR,1BA$709
Junction at 7760A81BR,1BA$735
The Ridge on Spring ValleyS1UStudio,1BA$739
La Fortuna ApartmentsA1Studio,1BA$755
Davenport ApartmentsPlan A21BR,1BA$764
Montfort Crossingmona11BR,1BA$764
Rock CreekA21BR,1BA$781
Windridge On The ParkwayA51BR,1BA$791
The Landing at McCallumA11BR,1BA$795

Best Value Apartments for Rent in Prestonwood, TX

As of November 19, 2025 the best value apartment in the Prestonwood area is the $1.29 price per square foot B1 Model at Tiburon in the in the Northwood Hills neighborhood starting from $1,504. The second greatest value Prestonwood apartment is the Two Bedroom Two Bath B1 Model at Turnberry Isle Apartment Homes starting at $1,399 with a $1.31 price per square foot in the Outer Farmers Brnch Addison Carrolton neighborhood. Here is today’s list of the best values for Prestonwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
TiburonB12BR,2BA$1.29
Turnberry Isle Apartment HomesTwo Bedroom Two Bath B12BR,2BA$1.31
Huntington TownhomesHampton2BR,1.5BA$1.18
Hidden Bend TownhomesA1 WITH YARD1BR,1.5BA$1.33
LuminaB32BR,2BA$1.36
SUMMIT PARQUE, LLCB12BR,2BA$1.29
Tides at MidtownA31BR,1BA$1.30
Covington Pointe ApartmentsAmethyst1BR,1BA$1.39
Northwood HeightsA31BR,1BA$1.39
Davenport ApartmentsPlan A21BR,1BA$1.34

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

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.

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Pet Friendly Lifestyle
Prestonwood, Dallas, TX

Ranked #15

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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!

Getting Around the Prestonwood Neighborhood in Dallas, TX

Walk Score®

66 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

53 / 100

Bikeable

Some bike infrastructure

Transit Score®

36 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $795.

What is the price of a cheap apartment in Prestonwood?

The cheapest apartment in Prestonwood is Ventana which is listed at $675, while the average apartment in Prestonwood costs $11,224.

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 235 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 $157 which is $11,067 cheaper than the average rent for all rentals in Prestonwood.

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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Written by: Christine Leonard, Esq.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

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