Cheap Apartments for Rent in the Prestonwood Neighborhood of Dallas, TX from $600 (144 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article

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

Read Article
Showing Results 1-50, Page 1 of 3

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 Junction at 7760 priced from $735. La Fortuna Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $745. Here are the most affordable Prestonwood apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
Junction at 7760A81BR,1BA$735
La Fortuna ApartmentsA1Studio,1BA$745
Montfort Crossingmona21BR,1BA$773
The Landing at McCallumA11BR,1BA$775
The Park on PrestonA 21BR,1BA$795
Century ParkEFF1BR,1BA$799
The BryantA11BR,1BA$819
Trinity Village ApartmentsA1BR,1BA$826
Tides at North DallasA11BR,1BA$835
Tides at MidtownE1Studio,1BA$854

Best Value Apartments for Rent in Prestonwood, TX

As of June 06, 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 $1,450. The second greatest value Prestonwood apartment is the B2TH Model at Preston Racquet Club Apartments starting at $1,600 with a $1.46 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 ListingModel NameBed/BathPrice Per Sq.Ft.
La MiradaB2R2BR,2BA$1.30
Preston Racquet Club ApartmentsB2TH2BR,2BA$1.46
The Citadel2 Bedroom 2 Bath2BR,2BA$1.47
Huntington TownhomesHampton2BR,1.5BA$1.17
SUMMIT PARQUE, LLCB12BR,2BA$1.51
Preston CreekSapphire Hill1BR,1.5BA$1.48
TiburonA11BR,1BA$1.38
Lexington Apartment HomesA91BR,1BA$1.42
Esperanza ApartmentsA21BR,1BA$1.51
LuminaA11BR,1BA$1.51

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Prestonwood, Dallas, TX

Ranked #12

Among neighborhoods in Dallas, TX for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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 $854.

What is the price of a cheap apartment in Prestonwood?

The cheapest apartment in Prestonwood is Junction at 7760 which is listed at $735, while the average apartment in Prestonwood costs $12,060.

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 50 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 $101 which is $11,959 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.

decorative image for The 10 Best Affordable Neighborhoods in Dallas, TX article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.