Cheap Homes for Rent in Prestonwood Neighborhood of Dallas, TX from $600 (49 Rentals)

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

property at 12830 Midway Rd

12830 Midway Rd

DallasTX75244
property at 14277 Preston Rd

14277 Preston Rd

DallasTX75254
property at 5981 Arapaho Rd

5981 Arapaho Rd

DallasTX75248
property at 14333 Preston Rd

14333 Preston Rd

DallasTX75254
property at 8336 Bunche Dr

8336 Bunche Dr

DallasTX75243
property at 5055 Addison Cir

5055 Addison Cir

AddisonTX75001
property at 5015 Meridian Ln

5015 Meridian Ln

AddisonTX75001

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. Rock Creek has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here are the most affordable Prestonwood apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
Junction at 7760A81BR,1BA$735
Rock CreekA1Studio,1BA$749
Davenport ApartmentsPlan A41BR,1BA$753
La Fortuna ApartmentsA1Studio,1BA$755
The Landing at McCallumA11BR,1BA$795
The Park on PrestonA 11BR,1BA$817
Montfort Crossingmona11BR,1BA$824
Tides at North DallasA11BR,1BA$835
Trinity Village ApartmentsA1BR,1BA$850
Meadowcrest ApartmentsA11BR,1BA$860

Best Value Apartments for Rent in Prestonwood, TX

As of September 20, 2025 the best value apartment in the Prestonwood area is the $1.17 price per square foot Hartford Model at Huntington Townhomes in the in the Preston Hollow neighborhood starting from $1,527. The second greatest value Prestonwood apartment is the Jubilance Model at Amber Dawn Apartments starting at $1,615 with a $1.35 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.
Huntington TownhomesHartford3BR,1.5BA$1.17
Amber Dawn ApartmentsJubilance3BR,2BA$1.35
Creekview ApartmentsB12BR,2BA$1.27
Esperanza ApartmentsB22BR,1BA$1.24
LuminaB32BR,2BA$1.36
Bristol Apartment LivingA22BR,1BA$1.38
Covington Pointe ApartmentsAmethyst1BR,1BA$1.38
Preston Racquet Club ApartmentsA11BR,1BA$1.41
Northwood HeightsA31BR,1BA$1.40
Davenport ApartmentsPlan A21BR,1BA$1.40

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Prestonwood, Dallas, TX

Ranked #11

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Prestonwood

What type of rentals are currently available in Prestonwood?

There are currently 216 Apartments for Rent in Prestonwood, TX with pricing that ranges from $745 to $26,294. There are also 224 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prestonwood ranging from $665 to $18,000.

What is the current price range for Rental Homes in Prestonwood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Prestonwood ranges from $665 to $18,000 with an average monthly rent of $3,646.

How much are larger Three and Four Bedroom Rentals in Prestonwood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Prestonwood range from $1,341 to $20,401, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $6,495. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $3,714.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.