Cheap Apartments for Rent in Preston, ID from $400 (28 Rentals)

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Search the lowest-cost Apartments available for rent right now in Preston.

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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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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723 W. Lewis Street
Studio to 1 Bedroom Apartments

723 W. Lewis Street

723 W Lewis StPocatello, ID 83204
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207 S Hayes
1 to 2 Bedroom Apartments

207 S Hayes

207 S Hayes AvePocatello, ID 83204
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University
Studio to 1 Bedroom Apartments

University

420 S 6th AvePocatello, ID 83201
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1160 South 4th Avenue
Studio to 1 Bedroom Apartments

1160 South 4th Avenue

1160 S 4th AvePocatello, ID 83201
  • Utilities Included

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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Pocatello Heights
1 to 3 Bedroom Apartments

Pocatello Heights

344 N 15th AvePocatello, ID 83201
Corporate Housing
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Arbor Court Apartments
Studio to 2 Bedroom Apartments

Arbor Court Apartments

1901 S 4th AvePocatello, ID 83201
  • 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.

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Showing Results 1-28, Page 1 of 1

Preston, ID Local Guide

Cheapest Available Preston Apartments for Rent and Nearby

 

The cheapest available apartment rental in Preston, ID is a Studio unit found at Rosewood priced from $645. Fargo Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $680. Here is today’s list of the most affordable Preston apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rosewood0BR/1.0BAStudio,1BA$645
Fargo ApartmentsStudio smallStudio,1BA$680
Scenic View Apartment Homes1 BED 1 BATH1BR,1BA$695
207 S Hayes2BR/1.0BA2BR,1BA$795
University1BR/1.0BA1BR,1BA$795
629 Main2BR/1.0BA2BR,1BA$895
Twin Creek Apartments1 Bedroom1BR,1BA$950
Bridger PointeThe Birch1BR,1BA$1,090
Wasatch Pointe ApartmentsUinta 1 Bed 1 Bath1BR,1BA$1,109
Matheson Apartments1 X 11BR,1BA$1,154

Best Value Apartments for Rent in Preston, ID and Nearby

As of May 28, 2026 the best value apartment in the Preston area is the $0.90 price per square foot 3 Beds, 2.5 baths Model at Jasper Loop in the starting from $1,875. The second greatest value Preston apartment is the 3 bedroom/2.5 ba Model at Nibley Towns starting at $1,899 with a $1.21 price per square foot in the Blackhawk 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.
Jasper Loop3 Beds, 2.5 baths3BR,2.5BA$0.90
Nibley Towns3 bedroom/2.5 ba3BR,2.5BA$1.21
Homestead Collection ApartmentsMagnolia 3X23BR,2BA$0.94
Maple ValleyPhase 2 - 3 Bed 2 Bath 2nd Level Granite & Upda...3BR,2BA$1.08
The FactoryManhattan3BR,3BA$0.40
Canyon Cove Apartments2 Bedroom2BR,2BA$1.18
The Orchard on Oneida239-3 rooms3BR,2BA$1.18
Brooklane ApartmentsAnnex6BR,6BA$0.90
629 Main2BR/1.0BA2BR,1BA$0.99
207 S Hayes2BR/1.0BA2BR,1BA$1.14

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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Preston, ID Rentals by Map

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See the most popular apartments and homes in Preston, ID

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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 Rosewood listed at $645.

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

The lowest price for a Cheap One Bedroom Preston Apartment is $695 at Scenic View Apartment Homes.

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 $795 at 207 S Hayes.

What is the most affordable Preston Three Bedroom Apartment?

The best deal on a cheap Preston Three Bedroom Apartment rental is at The Orchard on Oneida and starts from $1,295.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

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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.

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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.