
Cheap Apartments for Rent in the Prestonwood Neighborhood of Dallas, TX from $600 (149 Rentals)
Search the lowest-cost Apartments available for rent right now in the Prestonwood area of Dallas.


The Landing at McCallum

Trinity Village Apartments

Century Park

The Dallasonian

Montfort Crossing

The Bryant

Chatham Court and Reflections

La Fortuna Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Tides at North Dallas

Tides on Esperanza

Esperanza Apartments

Enclave at Prestonwood

AVIA Apartments On Alpha

Blue Springs Apartments

Cottonwood
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Palencia

Prestonwood Hillcrest Apartments

Suncrest

Ashwood Park Apartments

Windridge On The Parkway

Davenport Apartments

Prestonwood Trails

Alena Apartments

Meadowcrest Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Ventana

Vesper

Tides at Midtown

Helios

Preston Valley
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

SUMMIT PARQUE, LLC

Waterford at Goldmark

Vue at Knoll Trail Apartments

Preston Racquet Club Apartments

The Doral & Montfort Valley

MAA Highlands North

The Manhattan Apartments

VV&M Apartments

Verlaine on the Parkway

The Courts at Preston Oaks

The Saxony Apartments
Dallas's Best Affordable Neighborhoods
Learn about Dallas and the best places to live with original content written by our Dallas, TX Local Expert Tiffany Clark
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 | $1,472 | $750 | $6,191 |
Prestonwood 1 Bedroom Apartments | $1,544 | $735 | $10,000+ |
Prestonwood 2 Bedroom Apartments | $2,044 | $1,119 | $10,000+ |
Prestonwood 3 Bedroom Apartments | $3,421 | $1,430 | $10,000+ |
Prestonwood 4 Bedroom Apartments | $10,510 | $7,140 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 149 rentals with your search options within a 2 mile radius of the Prestonwood Neighborhood of Dallas, TX.
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Prestonwood, Dallas, TX Local Guide
- Nearby Dallas neighborhoods
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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 Northwood Heights priced from $735. Junction at 7760 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $735. Here are the most affordable Prestonwood apartments for rent in Dallas, TX:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Northwood Heights | A2 | 1BR,1BA | $735 |
Junction at 7760 | A8 | 1BR,1BA | $735 |
The Landing at McCallum | A1 | 1BR,1BA | $795 |
Trinity Village Apartments | A | 1BR,1BA | $799 |
Century Park | EFF | 1BR,1BA | $799 |
The Bryant | A1 | 1BR,1BA | $804 |
The Park on Preston | A 3 | 1BR,1BA | $826 |
La Fortuna Apartments | A1 | Studio,1BA | $830 |
Tides at North Dallas | A1 | 1BR,1BA | $835 |
Chatham Court and Reflections | A1R | 1BR,1BA | $838 |
Best Value Apartments for Rent in Prestonwood, TX
As of June 29, 2025 the best value apartment in the Prestonwood area is the $1.30 price per square foot B2R Model at La Mirada in the in the Preston Hollow neighborhood starting from $1,455. The second greatest value Prestonwood apartment is the 2 Bedroom 2 Bath Model at The Citadel starting at $1,500 with a $1.43 price per square foot in the Preston Hollow 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. |
---|---|---|---|
La Mirada | B2R | 2BR,2BA | $1.30 |
The Citadel | 2 Bedroom 2 Bath | 2BR,2BA | $1.43 |
Huntington Townhomes | Hampton | 2BR,1.5BA | $1.17 |
Amber Dawn Apartments | Radiance I | 2BR,2BA | $1.32 |
Preston Park | 2 Bedroom, 2 Bath A | 2BR,2BA | $1.36 |
Windham Chase | 2 Bedroom 1 Bathroom - B1 | 2BR,1BA | $1.39 |
Tiburon | A1 | 1BR,1BA | $1.27 |
Preston Villas | prva1 | 1BR,1BA | $1.32 |
SUMMIT PARQUE, LLC | A1 | 1BR,1BA | $1.41 |
Preston Oaks | A1 | 1BR,1BA | $1.44 |
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.
Pet Friendly LifestylePrestonwood, Dallas, TX
Ranked #12
Among neighborhoods in Dallas, TX 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!
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 $838.
What is the price of a cheap apartment in Prestonwood?
The cheapest apartment in Prestonwood is Northwood Heights which is listed at $735, while the average apartment in Prestonwood costs $17,865.
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 63 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 $142 which is $17,723 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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.