204 W Jefferson St
Spring ValleyMN55975
Cheap Homes for Rent in Preston, MN from $700 (5 Rentals)
Cheap Homes in Preston.
1201 1st St SW
RochesterMN55902
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
28 6th Ave SE
RochesterMN55904
121 Main St S
Grand MeadowMN55936
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
1207 8th Ave SE
RochesterMN55904
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Preston, MN Local Guide
Snow Geese Migrating by USFWS Midwest Region is licensed under CC BY 2.0
How much does it cost to rent a home in Preston?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Preston 2 Bedroom Homes for Rent | $1,726 | $1,295 | $2,300 |
| Preston 3 Bedroom Homes for Rent | $2,169 | $1,450 | $3,500 |
| Preston 4 Bedroom Homes for Rent | $2,334 | $1,950 | $3,350 |
| Preston 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Top Homes for Rent in Preston
Explore Preston
Preston, MN Local Guide
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Cheapest Available Preston Apartments for Rent and Nearby
The cheapest available apartment rental in Preston, MN is a 1 Bed unit found at Meadow Park Apartments in the Meadow Park neighborhood priced from $750. Country Valley has the second lowest priced unit, which is a 3 Beds apartment currently listed from $995. Here is today’s list of the most affordable Preston apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadow Park Apartments | One Bedroom | 1BR,1BA | $750 |
| Country Valley | 16x72 | 3BR,2BA | $995 |
| EastGate Apartments | A1-60 | 1BR,1BA | $995 |
Best Value Apartments for Rent in Preston, MN and Nearby
As of May 06, 2025 the best value apartment in the Preston area is the $1.07 price per square foot 2BR Model at Broadway Plaza - Mayo Clinic in the in the Meadow Park neighborhood starting from $1,700. The second greatest value Preston apartment is the 2 Bed, 2.5 Bath, Plus Den Model at Falcon Heights Townhomes starting at $2,200 with a $1.57 price per square foot in the East Rochester 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. |
|---|---|---|---|
| Broadway Plaza - Mayo Clinic | 2BR | 2BR,2.5BA | $1.07 |
| Falcon Heights Townhomes | 2 Bed, 2.5 Bath, Plus Den | 2BR,2.5BA | $1.57 |
| Maven on Broadway | C1 | 2BR,2BA | $2.04 |
| Country Valley | 16x72 | 3BR,2BA | $0.86 |
| TwentyFirst Ave | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.40 |
| Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.30 |
| 318 Commons | 2BR/1.0BA | 2BR,1BA | $1.87 |
| EastGate Apartments | A1-70 | 1BR,1BA | $1.89 |
| The Ida | Furnished 1B1B | 1BR,1BA | $1.81 |
| Meadow Park Apartments | One Bedroom | 1BR,1BA | $1.30 |
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Frequently Asked Questions about Preston
What type of rentals are currently available in Preston?
There are currently 37 Apartments for Rent in Preston, MN with pricing that ranges from $750 to $7,801. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Preston ranging from $700 to $3,500.
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 $700 to $3,500 with an average monthly rent of $1,998.
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 $995 to $3,034, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $1,950.
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 Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.