Cheap Apartments for Rent in the Preston Woods Neighborhood of Lake St. Louis, MO from $700 (28 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 94 Timber Creek Dr

$1,399

Total Monthly Price

Total Monthly Price

Base Rent
$1,399
Total Monthly Price
$1,399

2 Bedroom, 2 Bath Condo for Rent

Available Aug 1

94 Timber Creek Dr, Unit 94 Timber creek

94 Timber Creek Dr
O'FallonMO63368

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Pin Oak Pointe
3 to 4 Bedroom Apartments

Pin Oak Pointe

8001 Oakhaven DrO'Fallon, MO 63368

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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Showing Results 1-28, Page 1 of 1

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 2 Beds unit found at Cedar Lakes Apartments priced from $1,155. Hearthstone at Autumn Hollow has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,280. Here are the most affordable Preston Woods apartments for rent in Lake St. Louis, MO:

Apartment ListingModel NameBed/BathPriced From
Cedar Lakes ApartmentsC22BR,2BA$1,155
Hearthstone at Autumn Hollow1B/1B - ADA 1st Floor Prairie View End Cap1BR,1BA$1,280
O'Fallon Lakes ApartmentsThe Bryant2BR,2BA$1,287
Prairie EncoreStudio/1BStudio,1BA$1,325
The Waterways of Lake Saint Louis ApartmentsBrookside1BR,1BA$1,350
Thornwood ApartmentsWildrose1BR,1BA$1,350
The SolsticeTwo Bedroom2BR,2BA$1,652
Citrine ApartmentsSunray2BR,2BA$1,705
O’Fallon Hills Senior ApartmentsOne Bedroom1BR,1BA$1,740
The Prairie Luxury ApartmentsThe Sparrow 2B/2B 2nd Floor e2BR,2BA$1,770

Best Value Apartments for Rent in Preston Woods, MO

As of July 30, 2026 the best value apartment in the Preston Woods area is the $1.51 price per square foot Villas - Finished Lower Level Model at Villas on The Prairie in the in the Tysons Corner neighborhood starting from $3,000. The second greatest value Preston Woods apartment is the 4 Bedroom Home Model at The Waterways of Lake Saint Louis Apartments starting at $3,000 with a $1.66 price per square foot in the Lake St. Louis 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.
Villas on The PrairieVillas - Finished Lower Level4BR,3.5BA$1.51
The Waterways of Lake Saint Louis Apartments4 Bedroom Home4BR,2.5BA$1.66
The Waterways of Lake Saint Louis HomesRental Homes4BR,2.5BA$1.66
Creekside LandingAspen II with 2nd Floor Bay3BR,3BA$1.55
The WillowsAspen3BR,3BA$1.63
O'Fallon Lakes ApartmentsThe Carlyle3BR,2BA$1.27
The Prairie Luxury ApartmentsThe Sparrow 2B/2B 2nd Floor e2BR,2BA$1.60
The SolsticeTwo Bedroom2BR,2BA$1.49
Cedar Lakes ApartmentsC22BR,2BA$1.22
Thornwood ApartmentsWildrose1BR,1BA$1.51

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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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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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
Preston Woods, Lake St. Louis, MO

Ranked #1

Among cities in Missouri 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 $1,280 at Hearthstone at Autumn Hollow.

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 $1,155 at Cedar Lakes Apartments.

What is the most affordable Preston Woods Three Bedroom Apartment?

The best deal on a cheap Preston Woods Three Bedroom Apartment rental is at O'Fallon Lakes Apartments and starts from $1,475.

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.