Cheap Apartments for Rent in Preston, CT from $400 (6 Rentals)

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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

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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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
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181 Washington St
1 Bedroom Apartments

181 Washington St

181 Washington StNorwich, CT 06360
  • Utilities Included

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.

Preston, CT Local Guide

Cheapest Available Preston Apartments for Rent and Nearby

 

The cheapest available apartment rental in Preston, CT is a 2 Beds unit found at Oak Tree Village in the Northeast New London Norwich neighborhood priced from $1,172. 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
Oak Tree Village2 Bedroom2BR,1BA$1,172
The Wauregan1 Bedroom1BR,1BA$1,215
Mohegan Commons ApartmentsThe Village - 2 Bedroom2BR,1BA$1,225

Best Value Apartments for Rent in Preston, CT and Nearby

As of February 04, 2026 the best value apartment in the Preston area is the $1.79 price per square foot 3 bed, 2 bath Model at Pleasant View Estates in the in the Northeast New London Norwich neighborhood starting from $2,486. The second greatest value Preston apartment is the PM2cF-T Model at The Lofts at Ponemah Mills starting at $1,346 with a $1.18 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.
Pleasant View Estates3 bed, 2 bath 3BR,2BA$1.79
The Lofts at Ponemah MillsPM2cF-T2BR,2BA$1.18
NorwichTwo Bedroom2BR,1BA$1.45
The Terraces Apartments2 Bedroom2BR,1BA$1.71
Summitwoods Apartments2 Bed2BR,1BA$1.74
258 Broad St, Unit 2258 Broad St2BR,1BA$1.74
256 Broad St, Unit 2256 Broad St2BR,1BA$1.66
Oak Tree Village2 Bedroom2BR,1BA$1.27
35 Chestnut St1 Bed, 1 bath1BR,1BA$1.46
Mohegan Commons ApartmentsThe Park - 2 Bedroom2BR,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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $1,215 at The Wauregan.

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 $1,172 at Oak Tree Village.

What is the most affordable Preston Three Bedroom Apartment?

The best deal on a cheap Preston Three Bedroom Apartment rental is at Mohegan Commons Apartments and starts from $1,400.

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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.