Cheap Homes for Rent near Preston, MN from $1,000 (6 Rentals)

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

property at 121 Main St S

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

Studio, 1 Bath Condo for Rent

Available Now

121 Main St S

Grand MeadowMN55936
property at 28 6th Ave SE

$1,050

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

1 Bedroom, 1 Bath Townhome for Rent

Available Now

28 6th Ave SE

RochesterMN55904
property at 2094 11th Ave SE

$1,250

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Now

2094 11th Ave SE

RochesterMN55904

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 32 11th St NW

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Townhome for Rent

Available Now

32 11th St NW

RochesterMN55901
property at 220 Broadway Ave S

$1,395 - $1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

1 To 2 Bedroom Rentals

Available Now

220 Broadway Ave S

RochesterMN55904
property at 101 8th Ave SE

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Home for Rent

Available Sep 4

101 8th Ave SE

RochesterMN55904

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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 Clover Patch Apartments priced from $815. Sutton Place in the Meadow Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here is today’s list of the most affordable Preston apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Clover Patch ApartmentsOne Bedroom1BR,1BA$815
Sutton Place1 bed 1 bath1BR,1BA$925
Chester Estates2 Bed2BR,1BA$985

Best Value Apartments for Rent in Preston, MN and Nearby

As of August 05, 2026 the best value apartment in the Preston area is the $0.95 price per square foot Three Bedroom/ One Bathroom Model at Scenic View Townhomes in the starting from $1,236. The second greatest value Preston apartment is the Lafayette Model at Crystal Bay Townhomes starting at $1,725 with a $1.38 price per square foot in the Historic Southwest 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.
Scenic View TownhomesThree Bedroom/ One Bathroom3BR,1.5BA$0.95
Crystal Bay TownhomesLafayette2BR,1.5BA$1.38
Eastwood RidgeSwan2BR,2BA$1.68
Cottages of Stewartville3 Bedroom 1 Bathroom3BR,1BA$1.25
STEWARTVILLE FLATS1 BED 1 BATH CORNER1BR,1BA$1.38
Homestead Village Townhomes2 Bedroom 1 Bathroom2BR,1BA$1.36
Meadow Park ApartmentsModern Two Bedroom2BR,1BA$1.73
Sutton Place1 bed 1 bath1BR,1BA$1.41
The IdaFurnished 1 bedroom1BR,1BA$1.85
Clover Patch ApartmentsOne Bedroom1BR,1BA$1.52

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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

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Frequently Asked Questions about Preston

What type of rentals are currently available in Preston?

There are currently 53 Apartments for Rent in Preston, MN with pricing that ranges from $695 to $3,807. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Preston ranging from $1,000 to $4,400.

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 $1,000 to $4,400 with an average monthly rent of $2,131.

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 $895 to $3,807, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $695.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.