
Cheap Homes for Rent in the Preston Woods Neighborhood of Lake St. Louis, MO from $1,395 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Preston Woods area of Lake St. Louis.


11300 Spring Creek Ln

214 Harmony Mdws Ct
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.

333 Stonewall Creek Dr

117 Harmony Mdws Ct

606 Alsmeyer Dr
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.
Preston Woods, Lake St. Louis, MO Local Guide

How much does it cost to rent a home in Preston Woods?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Preston Woods 2 Bedroom Homes for Rent | $1,543 | $1,399 | $1,650 |
| Preston Woods 3 Bedroom Homes for Rent | $2,193 | $1,395 | $2,795 |
| Preston Woods 4 Bedroom Homes for Rent | $2,827 | $2,200 | $3,100 |
| Preston Woods 5 Bedroom Homes for Rent | $3,345 | $3,250 | $3,395 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 3 mile radius of the Preston Woods Neighborhood of Lake St. Louis, MO.
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Preston Woods, Lake St. Louis, MO Local Guide
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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. Synergy at the Meadows has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,305. Here are the most affordable Preston Woods apartments for rent in Lake St. Louis, MO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| O'Fallon Lakes Apartments | The Adler | 1BR,1BA | $1,082 |
| Synergy at the Meadows | Element | 1BR,1BA | $1,305 |
| Prairie Encore | Studio/1B | Studio,1BA | $1,325 |
Best Value Apartments for Rent in Preston Woods, MO
As of August 30, 2026 the best value apartment in the Preston Woods area is the $1.51 price per square foot The Heron 4B/3.5B with finished basement a 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 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 Lake St. Louis neighborhood. Here is today’s list of the best values for Preston Woods apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Villas on the Prairie | The Heron 4B/3.5B with finished basement a | 4BR,3.5BA | $1.51 |
| The Waterways of Lake Saint Louis Homes | Rental Homes | 4BR,2.5BA | $1.66 |
| The Willows | Vail | 3BR,2.5BA | $1.79 |
| Creekside Landing | Vail III | 3BR,2.5BA | $1.70 |
| The Prairie Luxury Apartments | The Sparrow 2B/2B 1st Floor d | 2BR,2BA | $1.57 |
| Hearthstone at Autumn Hollow | 2B/2B - 2nd Floor Lake View End Cap | 2BR,2BA | $1.70 |
| Citrine Apartments | Sunray | 2BR,2BA | $1.73 |
| The Waterways of Lake Saint Louis Apartments | Brookside | 1BR,1BA | $1.51 |
| Thornwood Apartments | Wildrose | 1BR,1BA | $1.51 |
| O'Fallon Lakes Apartments | The Adler | 1BR,1BA | $1.35 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestylePreston Woods, Lake St. Louis, MO
Ranked #1
Among cities in Missouri for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Preston Woods
What type of rentals are currently available in Preston Woods?
There are currently 33 Apartments for Rent in Preston Woods, MO with pricing that ranges from $1,010 to $3,400. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Preston Woods ranging from $1,395 to $3,395.
What is the current price range for Rental Homes in Preston Woods?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Preston Woods ranges from $1,395 to $3,395 with an average monthly rent of $2,305.
How much are larger Three and Four Bedroom Rentals in Preston Woods?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Preston Woods range from $1,660 to $2,875, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $2,795. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $3,000.
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.
Articles, How-To's, and Tips

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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.

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.