Cheap Apartments for Rent in Preston, KY from $600 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Preston.

McGinnis Properties

East Ridge Apartments

Shawnee Trail Apartments

Williamsburg Terrace

Vines at Saddlebrook
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.

Summit Apartments

Townhomes & Flats at MSU

Polo Club Park - Senior/Affordable Housing

Ty Lane Apartments

Top Notch Townhomes & Storage

Flats at 2875
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.

Steeplechase Apartments

Gleneagles Apartments

The Resort

194 Bratton Lp

325 Clearwater Way

3387 Ficklin Rd

106 Sharon Dr
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.

1118 Richmond Green Dr

532 Hanson St
Preston, KY Local Guide

How much does it cost to rent an apartment in Preston?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Preston Studio Apartments | $1,272 | $749 | $1,738 |
| Preston 1 Bedroom Apartments | $1,289 | $650 | $2,272 |
| Preston 2 Bedroom Apartments | $1,592 | $700 | $2,872 |
| Preston 3 Bedroom Apartments | $1,860 | $935 | $2,664 |
Browse Top Apartments in Preston
See all Apartments in PrestonExplore Preston
Preston, KY Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Preston Apartments for Rent and Nearby
 The cheapest available apartment rental in Preston, KY is a 2 Beds unit found at McGinnis Properties priced from $700. East Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Preston apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| McGinnis Properties | Townhome | 2BR,1BA | $700 |
| East Ridge Apartments | One Bedroom | 1BR,1BA | $725 |
| Shawnee Trail Apartments | One Bedroom | 1BR,1BA | $726 |
| Studio 28 Apartments | 0BR/1.0BA | Studio,1BA | $749 |
| Williamsburg Terrace | One Bedroom-Rent Based on Income | 1BR,1BA | $755 |
Best Value Apartments for Rent in Preston, KY and Nearby
As of December 12, 2025 the best value apartment in the Preston area is the $0.46 price per square foot Townhome Model at McGinnis Properties in the starting from $700. The second greatest value Preston apartment is the B3 Burton - 2 Bedroom, 1.5 Bathroom Model at Hamburg Farms starting at $1,595 with a $1.19 price per square foot in the Liberty Area 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. |
|---|---|---|---|
| McGinnis Properties | Townhome | 2BR,1.5BA | $0.46 |
| Hamburg Farms | B3 Burton - 2 Bedroom, 1.5 Bathroom | 2BR,1.5BA | $1.19 |
| The Lofts at Winchester! 2 BR, 1 Bath, Off-Street Parking, Small Pets Ok! | 3BR/1.0BA | 3BR,1BA | $1.18 |
| Top Notch Townhomes & Storage | Top Notch Rentals | 2BR,1.5BA | $0.94 |
| Williams Estates Apartments | Two Bedroom | 2BR,1BA | $1.12 |
| Gleneagles Apartments | Two Bedroom | 2BR,2BA | $1.32 |
| The Resort | One Bedroom | 1BR,1BA | $1.11 |
| East Ridge Apartments | One Bedroom | 1BR,1BA | $0.81 |
| Legacy Lake Apartments | One Bedroom One Bath | 1BR,1BA | $1.29 |
| Townhomes & Flats at MSU | Gold Flat | 2BR,1BA | $1.22 |
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.
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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Preston, KY Rentals by Map
See the most popular apartments and homes in Preston, KY
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
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

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.


