Cheap Homes for Rent in Prestonwood Neighborhood of Dallas, TX from $600 (66 Rentals)

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

property at 5335 Bent Tree Forest Dr

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

1 Bedroom, 1 Bath Condo for Rent

Available Now

5335 Bent Tree Forest Dr, Unit #258

5335 Bent Tree Forest Dr
DallasTX75248

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 12816 Midway Rd

$1,199

Total Monthly Price

Total Monthly Price

Base Rent
$1,199
Total Monthly Price
$1,199

1 Bedroom, 1 Bath Condo for Rent

Available Now

12816 Midway Rd, Unit 1067

12816 Midway Rd
DallasTX75244
property at 12888 Montfort Dr

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

12888 Montfort Dr, Unit 242

12888 Montfort Dr
DallasTX75230
property at 17926 Hillcrest Rd

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

17926 Hillcrest Rd

DallasTX75252

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

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.

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property at 12810 Midway Rd

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

2 Bedroom, 1 Bath Condo for Rent

Available Now

12810 Midway Rd, Unit 2034

12810 Midway Rd
DallasTX75244

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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property at 5100 Verde Valley Ln

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495
Total Monthly Price
$1,495

1 Bedroom, 2 Bath Condo for Rent

Available Now

5100 Verde Valley Ln, Unit 189

5100 Verde Valley Ln
DallasTX75254
property at 835 Dublin Dr

$1,499

2 Bedroom Rentals

Available Now

835 Dublin Dr

RichardsonTX75080
property at 12888 Montfort Dr

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

2 Bedroom, 1 Bath Condo for Rent

Available Now

12888 Montfort Dr, Unit 230

12888 Montfort Dr
DallasTX75230

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.

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Beyond Big D: The Ultimate Renter's Guide to 5 Key Cities in the DFW Area

Your complete guide to renting in the DFW suburbs. Learn about 5 cities near Dallas—from the affordability of Duncanville to the upscale living of Southlake—to choose where to call home.

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Showing Results 1-50, Page 1 of 2

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 Studio unit found at The Ridge on Spring Valley priced from $632. Rock Creek has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Prestonwood apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
The Ridge on Spring ValleyS1UStudio,1BA$632
Rock CreekA21BR,1BA$700
Meadowcrest ApartmentsA11BR,1BA$740
Tides at North DallasA11BR,1BA$765
Creekview ApartmentsA11BR,1BA$783
Lexington Apartment HomesA11BR,1BA$789
Prestonwood Hillcrest ApartmentsAspen - 1 Bed 1 Bath1BR,1BA$790
The Jasmine ApartmentsS1Studio,1BA$793
The Landing at McCallumA11BR,1BA$795
Trinity Village ApartmentsA1BR,1BA$799

Best Value Apartments for Rent in Prestonwood, TX

As of June 09, 2026 the best value apartment in the Prestonwood area is the $1.32 price per square foot C2THR Model at La Mirada in the in the Preston Hollow neighborhood starting from $1,986. The second greatest value Prestonwood apartment is the C2 Model at The Entro At Midtown starting at $1,750 with a $1.35 price per square foot in the Northwest Dallas 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 MiradaC2THR3BR,2BA$1.32
The Entro At MidtownC22BR,2BA$1.35
The Citadel2 Bedroom 2 Bath2BR,2BA$1.35
Huntington TownhomesHampton2BR,1.5BA$1.23
Amber Dawn ApartmentsRadiance I2BR,2BA$1.23
Preston Villasprva11BR,1BA$1.34
Noel on the ParkwayA31BR,1BA$1.29
SUMMIT PARQUE, LLCA11BR,1BA$1.18
The BryantA31BR,1BA$1.40
Creekview ApartmentsA11BR,1BA$1.31

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 #13

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

Frequently Asked Questions about Prestonwood

What type of rentals are currently available in Prestonwood?

There are currently 213 Apartments for Rent in Prestonwood, TX with pricing that ranges from $697 to $24,493. There are also 209 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prestonwood ranging from $665 to $45,000.

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 $45,000 with an average monthly rent of $5,772.

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 $1,574 to $24,493, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,895 to $8,500. Four Bedroom Single-Family rentals are also available starting from $2,350 and Four Bedroom Apartments start at $10,000.

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

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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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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.

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The Ultimate DFW Commuters Guide: Apartments Near Major Dallas Employers

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Since 1990, I've lived my best life, built a rewarding career, and raised my family in the Dallas, Texas area.

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Articles, How-To's, and Tips

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.