Cheap Apartments for Rent in Preston, MN from $600 (35 Rentals)

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

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Chester Estates
Rent Specials
$905 - $960
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$895 - $950
Required Monthly Fees
$10
Total Monthly Price
$905 - $960
1 to 2 Bedroom Apartments Available Sep 10

Chester Estates

1463-1537 6th Ave SERochester, MN 55904
Affordability
  • Verified
  • Utilities Included

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Civic Square Apartments
$1,092 - $3,006
Total Monthly Price

Total Monthly Price

Base Rent
$1,092 - $3,006
Total Monthly Price
$1,092 - $3,006
1 to 2 Bedroom Apartments Available Now

Civic Square Apartments

101 Civic Center Dr NERochester, MN 55906
Affordability
  • Verified
  • Customer Reviewed
  • Matterport 3D Tour

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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The Manor at Med City
$1,285 - $1,690
Total Monthly Price

Total Monthly Price

Base Rent
$1,225 - $1,630
Required Monthly Fees
$60
Total Monthly Price
$1,285 - $1,690
1 to 3 Bedroom Apartments Available Now

The Manor at Med City

1505 Marion Rd SERochester, MN 55904
Affordability
  • Verified
  • Utilities Included
  • Low Income

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The Rosewater
Rent Specials
$1,378 - $2,589
Total Monthly Price

Total Monthly Price

Base Rent
$1,289 - $2,500
Required Monthly Fees
$89
Total Monthly Price
$1,378 - $2,589
1 to 3 Bedroom Apartments Available Now

The Rosewater

1155 Felty Ave SERochester, MN 55904
Affordability
  • Verified
  • Customer Reviewed
  • Matterport 3D Tour
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The Beacon
Studio Apartments

The Beacon

431 3rd Ave SERochester, MN 55904
  • 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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The Riverview
1 to 3 Bedroom Apartments

The Riverview

211 1st St NERochester, MN 55906
  • Utilities Included
Showing Results 1-35, Page 1 of 1

Preston, MN Local Guide

Cheapest Available Preston Apartments for Rent and Nearby

 

The cheapest available apartment rental in Preston, MN is a 1 Bed unit found at 105 Main St S priced from $675. Meadow Park Apartments in the Meadow Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Preston apartments for rent:

Apartment ListingModel NameBed/BathPriced From
105 Main St S1-bedroom1BR,1BA$675
Meadow Park ApartmentsClassic One Bedroom1BR,1BA$850
Eastwood Manors1BR/1.0BA1BR,1BA$900
Lobb Field ApartmentsB2BR,1BA$995
Country Valley16x803BR,2BA$1,095
Homestead Village Townhomes2 Bedroom 1 Bathroom2BR,1BA$1,125
EastGate ApartmentsS1-60Studio,1BA$1,166
Civic Square ApartmentsOne Bedroom - 602 Sq.Ft.1BR,1BA$1,200
Cottages of Stewartville2 Bedroom 1 Bathroom2BR,1BA$1,215
Residence at Discovery SquareAlcoveStudio,1BA$1,220

Best Value Apartments for Rent in Preston, MN and Nearby

As of September 08, 2025 the best value apartment in the Preston area is the $1.14 price per square foot 4 Beds, 2 baths Model at 1420 3rd Ave SW in the in the Meadow Park neighborhood starting from $2,400. The second greatest value Preston apartment is the 2BR Model at Broadway Plaza - Mayo Clinic starting at $1,700 with a $1.07 price per square foot in the Meadow Park 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.
1420 3rd Ave SW4 Beds, 2 baths4BR,2BA$1.14
Broadway Plaza - Mayo Clinic2BR2BR,2.5BA$1.07
Country Valley16x803BR,2BA$0.86
The Riverview3bed/2bathroom3BR,2BA$1.27
Falcon Heights Townhomes1 Bed, 1.5 Bath, Plus Den2BR,1.5BA$1.61
Cottages of Stewartville2 Bedroom 1 Bathroom2BR,1BA$1.22
TwentyFirst Ave2 Bedroom 1 Bathroom2BR,1BA$1.40
Homestead Village Townhomes2 Bedroom 1 Bathroom2BR,1BA$1.36
Lobb Field ApartmentsA2BR,1BA$1.42
Eastwood Manors1BR/1.0BA1BR,1BA$1.29

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

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Getting Around Preston, MN

Walk Score®

36 / 100

Car-Dependent

Most errands require a car

Bike Score®

41 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 EastGate Apartments listed at $1,166.

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

The lowest price for a Cheap One Bedroom Preston Apartment is $675 at 105 Main St S.

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 $900 at 105 Main St S.

What is the most affordable Preston Three Bedroom Apartment?

The best deal on a cheap Preston Three Bedroom Apartment rental is at Meadow Park Apartments and starts from $995.

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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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.

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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.

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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.

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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.