Cheap Apartments for Rent in the Preston Cove Neighborhood of Plano, TX from $900 (54 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Preston Cove area of Plano.

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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Old Shepard Place
Rent Specials
$1,089 - $3,169
Total Monthly Price

Total Monthly Price

Base Rent
$1,089 - $3,169
Total Monthly Price
$1,089 - $3,169
1 to 2 Bedroom Apartments Available Now

Old Shepard Place

1520 Preston RdPlano, TX 75093
Corporate Housing
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  • Customer Reviewed
  • 3D Tour
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Hunters Glen
Rent Specials
$1,092 - $2,087
Total Monthly Price

Total Monthly Price

Base Rent
$1,092 - $2,087
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Hunters Glen

6400 Independence PkyPlano, TX 75023
Corporate Housing
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  • Customer Reviewed
  • 3D Tour
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The Dayton
Rent Specials
$1,185 - $2,010
Total Monthly Price

Total Monthly Price

Base Rent
$1,185 - $2,010
Total Monthly Price
$1,185 - $2,010
1 to 2 Bedroom Apartments Available Now

The Dayton

6000 Ohio DrPlano, TX 75093
Affordability
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  • Customer Reviewed
  • 3D Tour
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Villas at Legacy
Rent Specials
$1,223 - $3,312
Total Monthly Price

Total Monthly Price

Base Rent
$1,223 - $3,312
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Villas at Legacy

5301 W Spring Creek PkyPlano, TX 75024
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Cottages at Tulane
1 to 2 Bedroom Apartments

Cottages at Tulane

2600 Preston RdPlano, TX 75093
  • Utilities Included
property at 3140 Devonshire Dr

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

1 Bedroom, 1 Bath Condo for Rent

Available Now

3140 Devonshire Dr, Unit 133, Unit 133

3140 Devonshire Dr
PlanoTX75075
property at 3140 Devonshire Dr

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

1 Bedroom, 1 Bath Condo for Rent

Available Now

3140 Devonshire Dr, Unit 143, Unit 143

3140 Devonshire Dr
PlanoTX75075
property at 2601 Preston Rd

$1,500 - $1,850

1 To 2 Bedroom Rentals

Available Now

2601 Preston Rd

PlanoTX75093

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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The Oaks at Plano
1 to 2 Bedroom Apartments

The Oaks at Plano

5000 Old Shepard PlPlano, TX 75093
Senior Living
  • Utilities Included
property at 6220 Bentwood Trl

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

1 Bedroom, 1.5 Bath Condo for Rent

Available Apr 29

6220 Bentwood Trl, Unit #804, Unit #804

6220 Bentwood Trl
DallasTX75252

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.

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Preston Cove, Plano, TX Local Guide

Cheapest Available Preston Cove Apartments for Rent

 

The cheapest available apartment rental in the Preston Cove area of Dallas, TX is a 1 Bed unit found at The Leighton priced from $914. The Fairway has the second lowest priced unit, which is a 1 Bed apartment currently listed from $915. Here are the most affordable Preston Cove apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
The LeightonA11BR,1BA$914
The FairwayBayhill1BR,1BA$915
Summers Crossing ApartmentsA1 - Income Restricted1BR,1BA$964
MAA HighwoodIndependence1BR,1BA$992
Villas of Mission Bend1 Bed, 1 bath1BR,1BA$1,021
Preston Village ApartmentsA1BR,1BA$1,030
Birchstone West PlanoA21BR,1BA$1,033
Preston BendA11BR,1BA$1,034
The Wexley ApartmentsTwo Bedroom Q12BR,1BA$1,085
Old Shepard PlaceA11BR,1BA$1,089

Best Value Apartments for Rent in Preston Cove, TX

As of April 21, 2026 the best value apartment in the Preston Cove area is the $1.64 price per square foot B2 Model at Preston Heights Apartments in the in the Far North Dallas neighborhood starting from $2,136. The second greatest value Preston Cove apartment is the Two Bedroom B2 Model at The Wexley Apartments starting at $1,336 with a $1.25 price per square foot in the Cross Creek neighborhood. Here is today’s list of the best values for Preston Cove apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Preston Heights ApartmentsB22BR,2BA$1.64
The Wexley ApartmentsTwo Bedroom B22BR,2BA$1.25
Villas of Mission Bend2 Beds, 2 baths2BR,2BA$1.58
Somerset at Spring CreekAltadena1BR,1BA$1.53
The FairwayAugusta2BR,1BA$1.52
The Hathaway At Willow BendA1 Classic1BR,1BA$1.43
Reserve at Pebble CreekBluebonnet1BR,1BA$1.61
Hunters GlenA11BR,1BA$1.54
Creekside Village ApartmentsA11BR,1BA$1.63
Preston Village ApartmentsA1BR,1BA$1.63

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 Cove, Plano, TX

Ranked #16

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Preston Cove, Plano, TX

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in cities and towns across the United States including Preston Cove, Plano, and the greater Dallas area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, pet-friendly features, multifamily communities for the kids, proximity to transit, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Preston Cove Apartments

What is a cheap apartment in Preston Cove?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Preston Cove is under $1,089.

What is the price of a cheap apartment in Preston Cove?

The cheapest apartment in Preston Cove is The Leighton which is listed at $914, while the average apartment in Preston Cove costs $8,642.

What types of apartments are the cheapest in Preston Cove?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 23 regular apartments in Preston Cove that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Preston Cove?

Cheap apartments in Preston Cove have an average cost of $159 which is $8,483 cheaper than the average rent for all rentals in Preston Cove.

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.

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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.