Cheap Homes for Rent in Preston Lakes Neighborhood of Owasso, OK from $1,100 (6 Rentals)

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Search the lowest-cost Homes available for rent right now in the Preston Lakes area of Owasso.

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.

property at 407 N Cedar St

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

3 Bedroom, 1 Bath Home for Rent

Available Now

407 N Cedar St

OwassoOK74055

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Preston Lakes, Owasso, OK Local Guide

Cheapest Available Preston Lakes Apartments for Rent

 

The cheapest available apartment rental in the Preston Lakes area of Tulsa, OK is a 1 Bed unit found at The Greens at Owasso I/II priced from $870. The Greens at Owasso III/IV has the second lowest priced unit, which is a 1 Bed apartment currently listed from $930. Here are the most affordable Preston Lakes apartments for rent in Tulsa, OK:

Apartment ListingModel NameBed/BathPriced From
The Greens at Owasso I/IIClassic Phase II1BR,1BA$870
The Greens at Owasso III/IVClassic Deluxe II1BR,1BA$930
Legacy @La Hacienda1B/1B Renovated1BR,1BA$975

Best Value Apartments for Rent in Preston Lakes, OK

As of April 28, 2026 the best value apartment in the Preston Lakes area is the $1.41 price per square foot 3x3.5 1561sqft 2 car garage Model at Copper Trail Townhomes in the in the North Tulsa neighborhood starting from $2,200. The second greatest value Preston Lakes apartment is the 308 Model at SEVEN6MAIN starting at $1,800 with a $1.75 price per square foot in the North Tulsa neighborhood. Here is today’s list of the best values for Preston Lakes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Copper Trail Townhomes3x3.5 1561sqft 2 car garage3BR,3.5BA$1.41
SEVEN6MAIN3082BR,2BA$1.75
Cypress Crossing1 Bed 1 Bath with Optional Fireplace1BR,1BA$1.57
Villas at Preston Lakes Apartment HomesThe Daisy Renovated1BR,1BA$1.42
Legacy @La Hacienda1B/1B Renovated1BR,1BA$1.31
98 ApartmentsA11BR,1BA$1.51
Park 107A21BR,1BA$1.85
The Greens at Owasso I/IICustom/Custom Deluxe1BR,1BA$1.62
The Greens at Owasso III/IVClassic Deluxe II1BR,1BA$1.71

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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

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

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Quick Rent Budget Calculator

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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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Frequently Asked Questions about Preston Lakes

What type of rentals are currently available in Preston Lakes?

There are currently 33 Apartments for Rent in Preston Lakes, OK with pricing that ranges from $870 to $2,210. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Preston Lakes ranging from $1,125 to $3,200.

What is the current price range for Rental Homes in Preston Lakes?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Preston Lakes ranges from $1,125 to $3,200 with an average monthly rent of $1,640.

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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Top Neighborhoods to Rent Near Major Colleges and Universities in Tulsa

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I am Mike, your ApartmentHomeLiving.com guide in the Greater Tulsa, Oklahoma, area. Tulsa is a terrific city with a population of more than 415,000 within the city limits and more than a million in the greater metropolitan area.

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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.

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

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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.