
Cheap Apartments for Rent in Preston, IA from $300 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Preston.


Jersey Meadows

Redstone Commons

Pine View

Nottingham West Apartments

Candlelight Park

Oak Valley Apartments

Village at Sheridan Meadows
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.

Total Monthly Price
Washington Senior Apartments

Maplewood Apartments

The Villas at Devils Glen

2510 E 50th St

725 Duggan Dr

Ashford Apartments

Windsor Crest Apartments

Total Monthly Price
Prestwick Senior Living
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.

Iowa Mutual Lofts

Super 20 Mobile Home Park

Cross Creek Apartment Homes

Park Place Apartments

Chateau Knoll

Winding Hills Apartments

1182 Locust St

Valley Bluff Townhomes
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.

Tallgrass Townhomes

Roosevelt School Apartments

770 University Ave

416 7th Ave S

18 Parkview Dr

285 Cardiff St

289 Cardiff St

458 S 14th St
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.

626 University Ave

850 Nevada St

73 Manor Dr

1131 Main St

Crow Creek Apartments

610 8th Ave

904 Park St

Highland Meadows
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.

2751 W 72nd St

101 W Spring St

1216 9th Ave S
Preston, IA Local Guide

How much does it cost to rent an apartment in Preston?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Preston Studio Apartments | $1,062 | $525 | $1,363 |
| Preston 1 Bedroom Apartments | $1,032 | $643 | $1,700 |
| Preston 2 Bedroom Apartments | $1,309 | $720 | $2,100 |
| Preston 3 Bedroom Apartments | $1,828 | $943 | $4,990 |
| Preston 4 Bedroom Apartments | $2,625 | $2,025 | $3,500 |
Browse Top Apartments in Preston
See all Apartments in PrestonExplore Preston
Preston, IA Local Guide
- Nearby Cities
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Cheapest Available Preston Apartments for Rent and Nearby
 The cheapest available apartment rental in Preston, IA is a Studio unit found at Riverside Apartments and Townhomes priced from $525. Jersey Meadows in the North Side neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $643. Here is today’s list of the most affordable Preston apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Riverside Apartments and Townhomes | Studio | Studio,1BA | $525 |
| Jersey Meadows | One Bedroom Large (Top Floor) | 1BR,1BA | $643 |
| Pine View | 1 Bedroom 1 Bath Efficiency | 1BR,1BA | $669 |
| Candlelight Park | Ellington | Studio,1BA | $705 |
| Village at Sheridan Meadows | Studio - Phase 2 | Studio,1BA | $750 |
| Washington Senior Apartments | Studio | Studio,1BA | $750 |
| Maplewood Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $755 |
| 725 Duggan Dr | 2x1 | 2BR,1BA | $800 |
| Ashford Apartments | One Bedroom | 1BR,1BA | $806 |
| Prestwick Senior Living | One Bedroom | 1BR,1BA | $850 |
Best Value Apartments for Rent in Preston, IA and Nearby
As of April 24, 2026 the best value apartment in the Preston area is the $1.27 price per square foot The Brownstone 3475-1 car garage Model at The Brownstones in the in the Outer Davenport Bettendorf neighborhood starting from $2,025. The second greatest value Preston apartment is the 3 Bed 2 Bath Model at Super 20 Mobile Home Park starting at $945 with a $0.74 price per square foot . Here is today’s list of the best values for Preston apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Brownstones | The Brownstone 3475-1 car garage | 4BR,2BA | $1.27 |
| Super 20 Mobile Home Park | 3 Bed 2 Bath | 3BR,2BA | $0.74 |
| 799 Main St | 2x1 | 2BR,1BA | $1.26 |
| 725 Duggan Dr | 2x1 | 2BR,1BA | $0.71 |
| The Landing of Clinton | 1 Bedroom 1 Bath | 1BR,1BA | $1.21 |
| Cottage Bluff Apartments | 2-Bedroom | 2BR,1BA | $1.10 |
| Cross Creek Apartment Homes | Phase II | 1BR,1BA | $1.14 |
| Maplewood Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.03 |
| Iowa Mutual Lofts | Studio | Studio ,1BA | $1.24 |
| Pine View | 1 Bedroom 1 Bath Efficiency | 1BR,1BA | $1.12 |
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.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestylePreston, IA
Ranked #27
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Preston, IA Rentals by Map
See the most popular apartments and homes in Preston, IA
Frequently Asked Questions about Cheap Preston Apartments
What is the Cheapest Studio apartment in Preston?
Currently the most affordable Cheap Studio Apartment in Preston is at Riverside Apartments and Townhomes listed at $525.
How much is rent for a Cheap One Bedroom Preston Apartment?
The lowest price for a Cheap One Bedroom Preston Apartment is $643 at Jersey Meadows.
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 $775 at Maplewood Apartments.
What is the most affordable Preston Three Bedroom Apartment?
The best deal on a cheap Preston Three Bedroom Apartment rental is at Super 20 Mobile Home Park and starts from $945.
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

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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.

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.