
Cheap Homes for Rent in Preston, ID from $500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Preston.


126 S 100 E

1561 110

620 N 300 E

331 N 400 E

420 1/2 N 200 W

105 Penhurst Pl
Preston, ID Local Guide

How much does it cost to rent a home in Preston?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Preston 2 Bedroom Homes for Rent | $1,448 | $1,300 | $1,550 |
Preston 3 Bedroom Homes for Rent | $1,577 | $700 | $2,750 |
Preston 4 Bedroom Homes for Rent | $2,423 | $1,995 | $3,200 |
Preston 5 Bedroom Homes for Rent | $2,350 | $2,200 | $2,850 |
Preston 6 Bedroom Homes for Rent | $2,750 | $2,500 | $3,000 |
Browse Top Homes for Rent in Preston
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Preston, ID Local Guide
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Cheapest Available Preston Apartments for Rent and Nearby
 The cheapest available apartment rental in Preston, ID is a Studio unit found at 723 W. Lewis Street priced from $625. 538 N. Main Street has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Preston apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
723 W. Lewis Street | 0BR/1.0BA | Studio,1BA | $625 |
538 N. Main Street | 0BR/1.0BA | Studio,1BA | $625 |
Rosewood | 0BR/1.0BA | Studio,1BA | $695 |
Best Value Apartments for Rent in Preston, ID and Nearby
As of August 28, 2025 the best value apartment in the Preston area is the $0.43 price per square foot Denali Model at The Factory (new) in the in the Blackhawk neighborhood starting from $695. The second greatest value Preston apartment is the 3 Bedroom 2.5 Bathroom Model at The Cove at Pleasant View starting at $1,989 with a $1.36 price per square foot in the Cold Springs Village neighborhood. 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 Factory (new) | Denali | 4BR,3BA | $0.43 |
The Cove at Pleasant View | 3 Bedroom 2.5 Bathroom | 3BR,2.5BA | $1.36 |
Maple Valley | Phase 1 - 3 Bed 2 Bath 2nd Level | 3BR,2BA | $1.15 |
Homestead Collection Apartments | Magnolia 2X2 | 2BR,2BA | $1.11 |
Oak Meadows | Oak | 2BR,2BA | $1.25 |
Cambridge Court Apartments | 2 Bed | 2BR,1.5BA | $1.16 |
The Orchard on Oneida | 2 Rooms | 2BR,2BA | $1.33 |
Scenic View Apartment Homes | 2 Beds, 1 Baths | 2BR,1BA | $1.28 |
Rosewood | 0BR/1.0BA | Studio ,1BA | $1.39 |
723 W. Lewis Street | 0BR/1.0BA | Studio ,1BA | $1.25 |
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Frequently Asked Questions about Preston
What type of rentals are currently available in Preston?
There are currently 45 Apartments for Rent in Preston, ID with pricing that ranges from $500 to $2,410. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Preston ranging from $500 to $3,200.
What is the current price range for Rental Homes in Preston?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Preston ranges from $500 to $3,200 with an average monthly rent of $1,746.
How much are larger Three and Four Bedroom Rentals in Preston?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Preston range from $500 to $2,410, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $2,750. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $695.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.