
Cheap Apartments for Rent in the Prestonwood Neighborhood of Dallas, TX from $600 (183 Rentals)
Search the lowest-cost Apartments available for rent right now in the Prestonwood area of Dallas.


La Fortuna Apartments

MAA Highlands North

Davenport Apartments

Century Park

5636 Apartment Homes

The Landing at McCallum

Meadowcrest Apartments

Junction at 7760

Helios
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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.

Tides at North Dallas

Windridge On The Parkway

Total Monthly Price
The Jasmine Apartments

Rock Creek

Lexington Apartment Homes

AVIA Apartments On Alpha

13740 Montfort Dr

The Park on Preston

McCallum Highlands

Trinity Village Apartments
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Enclave at Prestonwood

Preston Pointe

Vesper

Blue Springs Apartments

Lumina

Northwood Heights Apartments

Chatham Court and Reflections

Preston Oaks

Noel on the Parkway

Palencia
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Verlaine on the Parkway

Preston Creek

The Manhattan Apartments

London Park

The Doral & Montfort Valley

Total Monthly Price
Daxton

13740 Montfort Dr

Waterford at Goldmark

The Lana

Prestonwood Trails
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Esperanza Apartments

The Regent

District at Midtown

12818 Midway Rd, Unit 2068

Preston Valley

SUMMIT PARQUE, LLC

Ashwood Park Apartments

Ventana

NEO at Midtown

Suncrest
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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 | $1,277 | $799 | $2,280 |
| Prestonwood 1 Bedroom Apartments | $1,362 | $697 | $6,887 |
| Prestonwood 2 Bedroom Apartments | $1,843 | $1,077 | $9,741 |
| Prestonwood 3 Bedroom Apartments | $2,545 | $1,341 | $10,000+ |
| Prestonwood 4 Bedroom Apartments | $11,561 | $5,638 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 183 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
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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 Montfort Crossing priced from $697. La Fortuna Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $755. Here are the most affordable Prestonwood apartments for rent in Dallas, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Montfort Crossing | mona1 | 1BR,1BA | $697 |
| La Fortuna Apartments | A1 | Studio,1BA | $755 |
| MAA Highlands North | The Refuge | 1BR,1BA | $763 |
| Davenport Apartments | Plan A2 | 1BR,1BA | $781 |
| Century Park | EFF | 1BR,1BA | $799 |
| The Landing at McCallum | A1 | 1BR,1BA | $800 |
| Junction at 7760 | S2 | Studio,1BA | $800 |
| Meadowcrest Apartments | A1 | 1BR,1BA | $800 |
| Helios | E1 | Studio,1BA | $804 |
| Windridge On The Parkway | A5 | 1BR,1BA | $810 |
Best Value Apartments for Rent in Prestonwood, TX
As of April 09, 2026 the best value apartment in the Prestonwood area is the $1.27 price per square foot B2R Model at La Mirada in the in the Preston Hollow neighborhood starting from $1,424. The second greatest value Prestonwood apartment is the B1 WITH GARAGE Model at Hidden Bend Townhomes starting at $1,353 with a $1.28 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 | $1.27 |
| Hidden Bend Townhomes | B1 WITH GARAGE | 2BR,1.5BA | $1.28 |
| Huntington Townhomes | Hampton | 2BR,1.5BA | $1.18 |
| Amber Dawn Apartments | Radiance II | 2BR,2BA | $1.21 |
| Esperanza Apartments | B2 | 2BR,1BA | $1.35 |
| Morrison | 2B-R | 2BR,2BA | $1.30 |
| Vesper | B2 | 2BR,2BA | $1.40 |
| Windham Chase | 2 Bedroom 1 Bathroom - B1U | 2BR,1BA | $1.17 |
| London Park | 1-1 FLAT | 1BR,1BA | $1.36 |
| Noel on the Parkway | A2 | 1BR,1BA | $1.37 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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 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 $810.
What is the price of a cheap apartment in Prestonwood?
The cheapest apartment in Prestonwood is Montfort Crossing which is listed at $697, while the average apartment in Prestonwood costs $11,561.
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 279 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 $253 which is $11,308 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 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.

Top Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX
Written by: Tiffany Clark
According to the Dallas Regional Chamber, the DFW Metroplex is home to more than 70 accredited colleges and universities.

The Ultimate DFW Commuters Guide: Apartments Near Major Dallas Employers
Written by: Tiffany Clark
Since 1990, I've lived my best life, built a rewarding career, and raised my family in the Dallas, Texas area.

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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.