Cheap Apartments for Rent in Preston, CT from $400 (52 Rentals)

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The Lofts at Ponemah Mills
$1,128 - $1,339
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,128 - $1,339

Total Monthly Price
$1,128 - $1,339
1 to 2 Bedroom Apartments Available Now

The Lofts at Ponemah Mills

607 Norwich AveTaftville, CT 06380
Cost Per Sq.Ft.
  • Verified
  • Customer Reviewed
  • Low Income
property at 51-53-53 Cliff St

$1,200 - $2,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 To 4 Bedroom Rentals

Available Now

51-53-53 Cliff St

NorwichCT06360
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Blackstone Apartments
$1,295 - $1,595
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,295 - $1,595

Total Monthly Price
$1,295 - $1,595
Studio to 2 Bedroom Apartments Available Now

Blackstone Apartments

206 Washington StNorwich, CT 06360
Student Living
  • Verified
  • Utilities Included
  • Smoke Free
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Water Street Lofts
$1,325 - $1,650
Total Monthly Price

Total Monthly Price

Base Rent
$1,325 - $1,650

Total Monthly Price
$1,325 - $1,650
Studio to 1 Bedroom Apartments Available Now

Water Street Lofts

85 Main StNorwich, CT 06360
Family Friendly
  • Verified
  • Utilities Included
  • 3D Tour
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Village Court
Rent Specials
$1,357
Total Monthly Price

Total Monthly Price

Base Rent
$1,357

Total Monthly Price
$1,357
1 Bedroom Apartments Contact Us For Availability

Village Court

70 Mechanic StNorwich, CT 06360
Senior Living
  • Verified
  • Utilities Included
  • Low Income
property at 16 Spaulding St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Home for Rent

Available May 9

16 Spaulding St

NorwichCT06360

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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Norwich
$1,450 - $1,650
Total Monthly Price

Total Monthly Price

Base Rent
$1,450 - $1,650

Total Monthly Price
$1,450 - $1,650
2 to 3 Bedroom Apartments Available Now

Norwich

24 Sandy LnNorwich, CT 06360
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
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Summitwoods Apartments
$1,450 - $1,995
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,450 - $1,995

Total Monthly Price
$1,450 - $1,995
1 to 3 Bedroom Apartments Available Now

Summitwoods Apartments

3 Summitwoods DrNorwich, CT 06360
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 159 Hickory St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Now

159 Hickory St

NorwichCT06360
property at 73 Peck St

$1,525

Total Monthly Price

Total Monthly Price

Base Rent
$1,525

Total Monthly Price
$1,525

2 Bedroom, 1.5 Bath Home for Rent

Available Now

73 Peck St

NorwichCT06360
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Hamilton Park
Rent Specials
$1,599 - $1,766
Total Monthly Price

Total Monthly Price

Base Rent
$1,599 - $1,766

Total Monthly Price
$1,599 - $1,766
1 to 3 Bedroom Apartments Contact Us For Availability

Hamilton Park

281 Hamilton AveNorwich, CT 06360
Senior Living
  • Verified
  • Utilities Included
  • Low Income
property at 22 Hawthorne St

$1,675

Total Monthly Price

Total Monthly Price

Base Rent
$1,675

Total Monthly Price
$1,675

3 Bedroom, 1 Bath Home for Rent

Available May 9

22 Hawthorne St

NorwichCT06360

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property at 161 Broadway

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

1 Bedroom, 1 Bath Home for Rent

Available Now

161 Broadway

NorwichCT06360
property at 130 Platt Ave

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

3 Bedroom, 1 Bath Home for Rent

Available Now

130 Platt Ave

NorwichCT06360
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Thamesview Apartments
Rent Specials
$1,835 - $1,860
Total Monthly Price

Total Monthly Price

Base Rent
$1,835 - $1,860

Total Monthly Price
$1,835 - $1,860
2 Bedroom Apartments Available Now

Thamesview Apartments

495 Laurel Hill RdNorwich, CT 06360
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 9 Hunters Rd

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

2 Bedroom, 1 Bath Home for Rent

Available Now

9 Hunters Rd

NorwichCT06360
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The Wauregan
Studio to 2 Bedroom Apartments

The Wauregan

25 BroadwayNorwich, CT 06360
  • Utilities Included
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Ledgeview Apartments
Studio to 3 Bedroom Apartments

Ledgeview Apartments

50 Palmer StNorwich, CT 06360
  • Utilities Included

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

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Mount View Apartments
1 to 2 Bedroom Apartments

Mount View Apartments

1591 Norwich New London TpkeUncasville, CT 06382
  • Utilities Included
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Hedgewood Apartments
1 to 3 Bedroom Apartments

Hedgewood Apartments

70 Sandy LnNorwich, CT 06360
  • Utilities Included
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181 Washington St
1 Bedroom Apartments

181 Washington St

181 Washington StNorwich, CT 06360
  • Utilities Included
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62 Williams St
1 Bedroom Apartments

62 Williams St

62 Williams StNorwich, CT 06360
  • Utilities Included
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Stonington Estates
2 Bedroom Apartments

Stonington Estates

102 Stonington RdNorwich, CT 06360
  • Utilities Included
property at 901 Stonington Rd

$1,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

Studio, 1 Bath Home for Rent

Available Now

901 Stonington Rd

StoningtonCT06378
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Reid & Hughes
1 to 2 Bedroom Apartments

Reid & Hughes

201 Main StreetNorwich, CT 06360
property at 113 Palmer Rd

$1,490

Total Monthly Price

Total Monthly Price

Base Rent
$1,490

Total Monthly Price
$1,490

1 Bedroom, 1 Bath Home for Rent

Available Now

113 Palmer Rd

ScotlandCT06330
property at 204 Main St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 1 Bath Home for Rent

Available Now

204 Main St

SterlingCT06377

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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177 Broadway
2 Bedroom Apartments

177 Broadway

177 BroadwayNorwich, CT 06360
property at 405 Noank Ledyard Rd

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

2 Bedroom, 1 Bath Condo for Rent

Available Now

property at 161 Broadway

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

1 Bedroom, 1 Bath Home for Rent

Available Now

161 Broadway

NorwichCT06360
property at 154 Washington St

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

2 Bedroom, 1 Bath Condo for Rent

Available Now

154 Washington St, Unit 11, Unit 11

154 Washington St
NorwichCT06360
property at 221 Old Pond Ln

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

Studio, 1 Bath Condo for Rent

Available Now

221 Old Pond Ln

NorwichCT06360
property at 1550 CT-12

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

1 Bedroom, 1 Bath Condo for Rent

Available Now

1550 CT-12

LedyardCT06335
property at 52 Carol Ave

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

2 Bedroom, 1 Bath Townhome for Rent

Available Now

52 Carol Ave

KillinglyCT06239
property at 640 Williams St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

1 Bedroom Rentals

Available Now

640 Williams St

New LondonCT06320
property at 9 Hunters Rd

$1,850

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

2 Bedroom, 1 Bath Home for Rent

Available Now

9 Hunters Rd

NorwichCT06360
property at 86 Buddington Rd

$1,875

Total Monthly Price

Total Monthly Price

Base Rent
$1,875

Total Monthly Price
$1,875

2 Bedroom, 2 Bath Condo for Rent

Available Now

86 Buddington Rd

GrotonCT06340

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Preston, CT Local Guide

Cheapest Available Preston Apartments for Rent and Nearby

 

The cheapest available apartment rental in Preston, CT is a 1 Bed unit found at The Lofts at Ponemah Mills in the Northeast New London Norwich neighborhood priced from $1,128. The Wauregan in the Northeast New London Norwich neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,215. Here is today’s list of the most affordable Preston apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Lofts at Ponemah MillsPM1aF-T1BR,1BA$1,128
The Wauregan1 Bedroom1BR,1BA$1,215
35 Chestnut St1 Bed, 1 bath1BR,1BA$1,290
Blackstone ApartmentsStudioStudio,1BA$1,295
The Terraces Apartments1 Bedroom1BR,1BA$1,305
Water Street LoftsStudioStudio,1BA$1,325
NorwichTwo Bedroom2BR,1BA$1,450
88-98 Chestnut St2BR Townhome2BR,1BA$1,500
Wequonnoc Village ApartmentsOne Bedroom1BR,1BA$1,575
Summitwoods Apartments2 Bed2BR,1BA$1,650

Best Value Apartments for Rent in Preston, CT and Nearby

As of May 08, 2026 the best value apartment in the Preston area is the $1.47 price per square foot 327 Prospect St Model at 327 Prospect St, Unit 2 in the in the Northeast New London Norwich neighborhood starting from $2,500. The second greatest value Preston apartment is the 35 Cliff St Model at 35 Cliff St, Unit Unit 5 starting at $2,300 with a $1.53 price per square foot in the Northeast New London Norwich neighborhood. Here is today’s list of the best values for Preston apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
327 Prospect St, Unit 2327 Prospect St4BR,1BA$1.47
35 Cliff St, Unit Unit 535 Cliff St4BR,2BA$1.53
490 Boswell Ave, Unit 2490 Boswell Ave3BR,1BA$1.68
138 Laurel Hill Ave, Unit APARTMENT 2138 Laurel Hill Ave2BR,1BA$1.41
Blackstone ApartmentsLarge One Bedroom1BR,1BA$1.50
NorwichTwo Bedroom2BR,1BA$1.45
Summitwoods Apartments2 Bed2BR,1BA$1.74
35 Chestnut St1 Bed, 1 bath1BR,1BA$1.46
The Lofts at Ponemah MillsPM1aF-T1BR,1BA$1.42
The Terraces Apartments1 Bedroom1BR,1BA$1.69

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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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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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Cheap Preston Apartments

How much is rent for a Cheap One Bedroom Preston Apartment?

The lowest price for a Cheap One Bedroom Preston Apartment is $1,128 at The Lofts at Ponemah Mills.

What is the lowest price for a Cheap Two Bedroom Preston Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Preston is starting from $1,339 at The Lofts at Ponemah Mills.

What is the most affordable Preston Three Bedroom Apartment?

The best deal on a cheap Preston Three Bedroom Apartment rental is at Norwich and starts from $1,650.

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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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

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