Cheap Apartments for Rent in the Preston Woods Neighborhood of Lake St. Louis, MO from $700 (9 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Preston Woods area of Lake St. Louis.

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.

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Pin Oak Parc
3 Bedroom Apartments

Pin Oak Parc

8001 Oakhaven DrO'Fallon, MO 63368

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.

Preston Woods, Lake St. Louis, MO Local Guide

Cheapest Available Preston Woods Apartments for Rent

 

The cheapest available apartment rental in the Preston Woods area of Lake St. Louis, MO is a 1 Bed unit found at Cedar Lakes Apartments priced from $1,025. Westchester Village has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,105. Here are the most affordable Preston Woods apartments for rent in Lake St. Louis, MO:

Apartment ListingModel NameBed/BathPriced From
Cedar Lakes ApartmentsA31BR,1BA$1,025
Westchester VillageBronx2BR,1BA$1,105
O'Fallon Lakes ApartmentsThe Bryant2BR,2BA$1,287

Best Value Apartments for Rent in Preston Woods, MO

As of May 31, 2025 the best value apartment in the Preston Woods area is the $1.67 price per square foot Rental Homes Model at Waterways Apartments in the in the Whispering Woods neighborhood starting from $4,000. The second greatest value Preston Woods apartment is the Estate Homes Model at The Estates at The Waterways starting at $4,000 with a $1.67 price per square foot in the Whispering Woods neighborhood. Here is today’s list of the best values for Preston Woods apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Waterways ApartmentsRental Homes4BR,2.5BA$1.67
The Estates at The WaterwaysEstate Homes4BR,2.5BA$1.67
Vinings of O'FallonThe Meritage II2BR,2BA$1.24
Aventura at WentzvilleB12BR,2BA$1.44
O'Fallon Lakes ApartmentsThe Bryant2BR,2BA$1.25
Westchester VillageCourtland Townhome2BR,1.5BA$1.39
The SullivanOne Bedroom1BR,1BA$1.72
Cedar Lakes ApartmentsA31BR,1BA$1.35
The Prairie Luxury ApartmentsOne Bedroom1BR,1BA$1.83
The SolsticeOne Bedroom1BR,1BA$1.75

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Pet Friendly Lifestyle
Preston Woods, Lake St. Louis, MO

Ranked #1

Among neighborhoods in Lake St. Louis, MO for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Preston Woods Apartments

How much is rent for a Cheap One Bedroom Preston Woods Apartment?

The lowest price for a Cheap One Bedroom Preston Woods Apartment is $1,025 at Cedar Lakes Apartments.

What is the lowest price for a Cheap Two Bedroom Preston Woods Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Preston Woods is starting from $1,105 at Westchester Village.

What is the most affordable Preston Woods Three Bedroom Apartment?

The best deal on a cheap Preston Woods Three Bedroom Apartment rental is at Waterways Apartments and starts from $2,000.

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 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.

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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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.