Cheap Apartments for Rent in the Preston Woods Neighborhood of Lake St. Louis, MO from $700 (32 Rentals)

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

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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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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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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Pin Oak Parc
3 to 4 Bedroom Apartments

Pin Oak Parc

8001 Oakhaven DrO'Fallon, MO 63368

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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Showing Results 1-32, 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 1 Bed unit found at O'Fallon Lakes Apartments priced from $1,082. Cedar Lakes Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. Here are the most affordable Preston Woods apartments for rent in Lake St. Louis, MO:

Apartment ListingModel NameBed/BathPriced From
O'Fallon Lakes ApartmentsThe Adler1BR,1BA$1,082
Cedar Lakes ApartmentsA11BR,1BA$1,125
Westchester VillageBronx2BR,1BA$1,299
Hearthstone at Autumn Hollow1B/1B - ADA 1st Floor Street View End Cap1BR,1BA$1,315
Thornwood ApartmentsWildrose1BR,1BA$1,350
The Waterways of Lake Saint Louis ApartmentsBrookside1BR,1BA$1,350
The Prairie Luxury ApartmentsOne Bedroom1BR,1BA$1,365
The SolsticeOne Bedroom1BR,1BA$1,396
Vinings of O'FallonThe Meritage II2BR,2BA$1,427
Aventura at WentzvilleB12BR,2BA$1,528

Best Value Apartments for Rent in Preston Woods, MO

As of April 28, 2026 the best value apartment in the Preston Woods area is the $1.66 price per square foot 4 Bedroom Home Model at The Waterways of Lake Saint Louis Apartments in the in the Whispering Woods neighborhood starting from $3,000. The second greatest value Preston Woods apartment is the Rental Homes Model at The Waterways of Lake Saint Louis Homes starting at $3,000 with a $1.66 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.
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
The WillowsAspen3BR,3BA$1.63
Creekside LandingAspen II3BR,3BA$1.55
The Sullivan2B/2B - large 3rd Floor2BR,2BA$1.59
Vinings of O'FallonThe Meritage II2BR,2BA$1.31
Aventura at WentzvilleB12BR,2BA$1.43
Westchester VillageCourtland Townhome2BR,1.5BA$1.47
Thornwood ApartmentsWildrose1BR,1BA$1.51
O'Fallon Lakes ApartmentsThe Adler1BR,1BA$1.35

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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
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 $1,082 at O'Fallon 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 $1,155 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 The Waterways of Lake Saint Louis Apartments and starts from $1,780.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.