
Cheap Apartments for Rent in Preston, MD from $400 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in Preston.


Hudson Townhomes

Riverview Gardens

Elizabeth Cornish Landing

Dunbarton Estates Apartments

Stone Grove Crossing
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.

Chestnut Manor Apartments

Mulberry Estates

Little Creek Apartments

Hollybrook Farms Apartments

Sunset Hargraves Ridgely

County Seat Apartments, LLC.
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.

Woods Crossing Apartments

Chatham Village Apartments

Bradford House

Diamond Court I & II

Center Park Apartments

Harrison Ferry
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.

Leonard's Grove Apartments

Federal Manor

Caroline Apartments

Golden Meadows

Crusader Arms Apartments

The Village at Slippery Hill Senior Apartments- 62+
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.

628 High St

Prospect Heights Apartments
Preston, MD Local Guide

How much does it cost to rent an apartment in Preston?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Preston Studio Apartments | $1,975 | $1,850 | $2,100 |
| Preston 1 Bedroom Apartments | $1,414 | $640 | $3,000 |
| Preston 2 Bedroom Apartments | $1,730 | $465 | $3,500 |
| Preston 3 Bedroom Apartments | $2,252 | $843 | $3,750 |
| Preston 4 Bedroom Apartments | $3,186 | $1,109 | $4,090 |
Browse Top Apartments in Preston
See all Apartments in PrestonExplore Preston
Preston, MD Local Guide
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Cheapest Available Preston Apartments for Rent and Nearby
 The cheapest available apartment rental in Preston, MD is a 2 Beds unit found at Hudson Townhomes in the Blackwater Landing neighborhood priced from $626. Riverview Gardens in the Savannah Overlook neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $670. Here is today’s list of the most affordable Preston apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hudson Townhomes | 2 bed / 2 bath | 2BR,2BA | $626 |
| Riverview Gardens | 1 Bed, 1 bath | 1BR,1BA | $670 |
| Dunbarton Estates Apartments | 1 Bed, 1 bath | 1BR,1BA | $776 |
| Stone Grove Crossing | 1 Bedroom | 1BR,1BA | $878 |
| Riverwoods at Denton | 2 BR- Phase III | 2BR,1BA | $900 |
| Chestnut Manor Apartments | 1 Bed, 1 bath | 1BR,1BA | $915 |
| The Village at Slippery Hill Senior Apartments- 62+ | A3 - One Bedroom | 1BR,1BA | $975 |
| Mulberry Estates | two bedroom | 2BR,1BA | $1,054 |
| Hollybrook Farms Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,062 |
| Sunset Hargraves Ridgely | One Bedroom | 1BR,1BA | $1,165 |
Best Value Apartments for Rent in Preston, MD and Nearby
As of February 05, 2026 the best value apartment in the Preston area is the $1.14 price per square foot Three Bedroom Model at The Reserves At Belle Ayre in the in the Mearfield neighborhood starting from $1,749. The second greatest value Preston apartment is the 2 Bedroom Model at The Reserve at Ponds Edge starting at $1,595 with a $1.27 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 Reserves At Belle Ayre | Three Bedroom | 3BR,2.5BA | $1.14 |
| The Reserve at Ponds Edge | 2 Bedroom | 2BR,2BA | $1.27 |
| Riverwoods at Denton | 2 BR- Phase III | 2BR,1BA | $0.78 |
| Watergate Townhomes | 2 Bed 2 Bath Townhome | 2BR,2BA | $1.46 |
| Ponds Edge | The Mallard Pond View | 2BR,2BA | $1.35 |
| Mulberry Estates | two bedroom | 2BR,1BA | $1.26 |
| Stone Grove Crossing | 1 Bedroom | 1BR,1BA | $1.14 |
| Riverview Gardens | 1 Bed, 1 bath | 1BR,1BA | $0.87 |
| Hollybrook Farms Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.43 |
| Dunbarton Estates Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.05 |
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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Preston, MD Rentals by Map
See the most popular apartments and homes in Preston, MD
Frequently Asked Questions about Cheap Preston Apartments
How much is rent for a Cheap One Bedroom Preston Apartment?
The lowest price for a Cheap One Bedroom Preston Apartment is $670 at Riverview Gardens.
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 $626 at Hudson Townhomes.
What is the most affordable Preston Three Bedroom Apartment?
The best deal on a cheap Preston Three Bedroom Apartment rental is at Hollybrook Farms Apartments and starts from $1,172.
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.