Cheap Homes for Rent in the Preston Meadows Neighborhood of Plano, TX from $500 (10 Rentals)

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

property at 3140 Devonshire Dr

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Condo for Rent

Available Now

3140 Devonshire Dr, Unit 133

3140 Devonshire Dr
PlanoTX75075

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 2601 Preston Rd

$1,500 - $2,250

1 To 2 Bedroom Rentals

Available Now

2601 Preston Rd

PlanoTX75093
property at 1700 Amelia Ct

$1,700 - $1,750

2 Bedroom Rentals

Available Now

1700 Amelia Ct

PlanoTX75075

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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.

Preston Meadows, Plano, TX Local Guide

Cheapest Available Preston Meadows Apartments for Rent

 

The cheapest available apartment rental in the Preston Meadows area of Dallas, TX is a 1 Bed unit found at The Lydian Apartments priced from $1,009. The Fairway has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,020. Here are the most affordable Preston Meadows apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
The Lydian ApartmentsA11BR,1BA$1,009
The FairwayBayhill1BR,1BA$1,020
Reserve at Pebble CreekPrimrose1BR,1BA$1,045

Best Value Apartments for Rent in Preston Meadows, TX

As of July 16, 2026 the best value apartment in the Preston Meadows area is the $1.66 price per square foot B1R Model at Langdon at Spring Creek in the in the Plano neighborhood starting from $1,765. The second greatest value Preston Meadows apartment is the Altadena Model at Somerset at Spring Creek starting at $1,295 with a $1.51 price per square foot in the Plano neighborhood. Here is today’s list of the best values for Preston Meadows apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Langdon at Spring CreekB1R2BR,1BA$1.66
Somerset at Spring CreekAltadena1BR,1BA$1.51
The FairwayAugusta2BR,1BA$1.64
WinstonA1R1BR,1BA$1.72
Fox Trails ApartmentsAzara1BR,1BA$1.63
MAA HighwoodBungalow2BR,1BA$1.62
Hunters GlenA21BR,1BA$1.56
Birchstone West PlanoA51BR,1BA$1.73
Reserve at Pebble CreekBluebonnet1BR,1BA$1.59
Creekside Village ApartmentsA11BR,1BA$1.67

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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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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Frequently Asked Questions about Preston Meadows

What type of rentals are currently available in Preston Meadows?

There are currently 46 Apartments for Rent in Preston Meadows, TX with pricing that ranges from $1,009 to $13,065. There are also 63 Single Family Homes for rent, Condos, and Townhome rentals currently available in Preston Meadows ranging from $500 to $20,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Preston Meadows ranges from $500 to $20,000 with an average monthly rent of $4,063.

How much are larger Three and Four Bedroom Rentals in Preston Meadows?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Preston Meadows range from $1,591 to $7,770, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $6,300. Four Bedroom Single-Family rentals are also available starting from $1,525 and Four Bedroom Apartments start at $3,073.

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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