Cheap Apartments for Rent in Preston, KY from $600 (16 Rentals)

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

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Preston, KY Local Guide

Cheapest Available Preston Apartments for Rent and Nearby

 

The cheapest available apartment rental in Preston, KY is a 1 Bed unit found at Morrow Rentals priced from $650. McGinnis Properties has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here is today’s list of the most affordable Preston apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Morrow Rentals1 Bed 1 Bath1BR,1BA$650
McGinnis PropertiesTownhome2BR,1BA$700
Shawnee Trail ApartmentsOne Bedroom1BR,1BA$726
Studio 28 Apartments0BR/1.0BAStudio,1BA$749
Top Notch Townhomes & StorageTop Notch Rentals2BR,1BA$750

Best Value Apartments for Rent in Preston, KY and Nearby

As of October 27, 2025 the best value apartment in the Preston area is the $1.18 price per square foot B4 Stanton - 2 Bedroom, 3 Bathroom Model at Hamburg Farms in the in the Liberty Area neighborhood starting from $1,954. The second greatest value Preston apartment is the Townhome Model at McGinnis Properties starting at $700 with a $0.46 price per square foot . 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.
Hamburg FarmsB4 Stanton - 2 Bedroom, 3 Bathroom2BR,3BA$1.18
McGinnis PropertiesTownhome2BR,1.5BA$0.46
Garden EstatesThree Bedroom3BR,2BA$1.27
Colts RunBelmont - 3 Bedroom, 2 Bath (1,398 sqft.)3BR,2BA$1.25
Parkside Heights2B 2B2BR,2BA$1.24
COMING SOON--The Lofts at Winchester3BR/1.0BA3BR,1BA$1.18
Williams Estates ApartmentsTwo Bedroom2BR,1BA$1.10
Top Notch Townhomes & StorageTop Notch Rentals2BR,1.5BA$0.78
The ResortOne Bedroom1BR,1BA$1.11
Townhomes & Flats at MSUGold Flat2BR,1BA$1.22

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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

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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 Studio 28 Apartments listed at $749.

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

The lowest price for a Cheap One Bedroom Preston Apartment is $650 at Morrow Rentals.

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 $700 at McGinnis Properties.

What is the most affordable Preston Three Bedroom Apartment?

The best deal on a cheap Preston Three Bedroom Apartment rental is at Shawnee Trail Apartments and starts from $1,032.

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.