109 Grand Ave E
Grand MeadowMN55936
Cheap Homes for Rent in Preston, MN from $900 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Preston.
111 8th Ave SE
RochesterMN55904
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.
121 Main St S
Grand MeadowMN55936
2011 Viking Dr NW
RochesterMN55901
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.
2214 18th 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 | $1,569 | $1,085 | $1,900 |
| Preston 3 Bedroom Homes for Rent | $1,926 | $1,300 | $2,900 |
| Preston 4 Bedroom Homes for Rent | $2,278 | $1,895 | $3,500 |
| Preston 5 Bedroom Homes for Rent | $2,312 | $2,000 | $2,900 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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 Studio unit found at The Graham in the Meadow Park neighborhood priced from $775. Country Valley has the second lowest priced unit, which is a 3 Beds apartment currently listed from $895. Here is today’s list of the most affordable Preston apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Graham | Studio w/ Utilities & Wifi Included | Studio,1BA | $775 |
| Country Valley | 16x72 | 3BR,2BA | $895 |
| The Beacon | Studio | Studio,1BA | $900 |
Best Value Apartments for Rent in Preston, MN and Nearby
As of January 15, 2026 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 Excelsior Model at Crystal Bay Townhomes starting at $1,820 with a $1.23 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Broadway Plaza - Mayo Clinic | 2BR | 2BR,2.5BA | $1.07 |
| Crystal Bay Townhomes | Excelsior | 3BR,2BA | $1.23 |
| Scenic View Townhomes | Three Bedroom/ One Bathroom | 3BR,1.5BA | $0.92 |
| Country Valley | 16x72 | 3BR,2BA | $0.78 |
| Cottages of Stewartville | 3 Bedroom 1 Bathroom | 3BR,1BA | $1.25 |
| TwentyFirst Ave | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.49 |
| Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.36 |
| The Riverview | 1 Bed | 1BR,1BA | $1.63 |
| 1017 21st St SE | 2 beds 1 bath | 2BR,1BA | $1.27 |
| Meadow Park Apartments | Modern One Bedroom | 1BR,1BA | $1.49 |
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 Article
The 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
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Explore Preston, MN Rentals by Map
See the most popular apartments and homes in Preston, MN
Frequently Asked Questions about Preston
What type of rentals are currently available in Preston?
There are currently 47 Apartments for Rent in Preston, MN with pricing that ranges from $875 to $3,710. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Preston ranging from $975 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 $975 to $3,500 with an average monthly rent of $1,740.
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
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.
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!