Cheap Apartments for Rent near Preston, MO from $505 (45 Rentals)

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

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.

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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.

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SoEl District Lofts
Rent Specials
$899 - $1,999

Total Monthly Price

Base Rent$899 - $1,999
Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

SoEl District Lofts

430 E Elm StSpringfield, MO 65806
Student Housing
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  • Utilities Included
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Wyota Commons
Studio Apartments

Wyota Commons

1221 Millcreek RdLebanon, MO 65536
  • Utilities Included
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Oak Place
1 Bedroom Apartments

Oak Place

1141-1157 E Norton RdSpringfield, MO 65803
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Eldo Suites Apartments
1 to 2 Bedroom Apartments

Eldo Suites Apartments

311 U.S. 54El Dorado Springs, MO 64744
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Embassy Apartments
Studio to 2 Bedroom Apartments

Embassy Apartments

927-937 E Elm StSpringfield, MO 65806

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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The Willows
Studio to 3 Bedroom Apartments

The Willows

413 Doxey StStrafford, MO 65757
  • Utilities Included
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Cherry Plaza
2 Bedroom Apartments

Cherry Plaza

1210 E Cherry StSpringfield, MO 65802

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.

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Showing Results 1-45, Page 1 of 1

Preston, MO Local Guide

Cheapest Available Preston Apartments for Rent and Nearby

 

The cheapest available apartment rental in Preston, MO is a Studio unit found at Wyota Commons West priced from $550. North Terrace Apartments in the Northeast neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $575. Here is today’s list of the most affordable Preston apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wyota Commons WestStudiosStudio, 1BA$550
North Terrace Apartments2 x 1 Small2BR, 1BA$575
The U at Park East4BR/4BA - The Drake4BR, 4BA$630
Eldorado SpringsForest Grove1BR, 1BA$660
El MadridEl Madrid 1 Bedroom, 1 Bathroom1BR, 1BA$725
The Greens at SpringfieldClassic1BR, 1BA$755
Orchard Park ApartmentsStudio BStudio, 1BA$780
Hillcrest 902 Bedroom2BR, 1BA$795
SankofaStudioStudio, 1BA$795
Cherry Plaza2 Bedroom Units Available - Close to Downtown &...2BR, 2BA$800

Best Value Apartments for Rent in Preston, MO and Nearby

As of September 19, 2026 the best value apartment in the Preston area is the $0.61 price per square foot C2 | Three Bedroom Model at Vue on Walnut | Student Housing in the Central neighborhood starting from $839. The second greatest value Preston apartment is the 3 Bed 2 Bath Model at Parkway Townhouses in the Central neighborhood starting at $1,595 with a $1.18 price per square foot. 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.
Vue on Walnut | Student HousingC2 | Three Bedroom3BR, 3BA$0.61
Parkway Townhouses3 Bed 2 Bath3BR, 2BA$1.18
Artifacts Warehouse3BR/2.0BA3BR, 2BA$1.13
Parkwood Apartments3 Beds, 2 Baths3BR, 2BA$1.08
Hillcrest 902 Bedroom2BR, 1BA$0.86
North Terrace Apartments2 x 1 Small2BR, 1BA$0.73
Sky Eleven2BR/2BA - Gillioz2BR, 2BA$0.90
Cherry Plaza2 Bedroom Units Available - Close to Downtown &...2BR, 2BA$1.07
The U at Park East2BR/2BA - The Sixty-One2BR, 2BA$0.92
Eldorado SpringsForest Grove1BR, 1BA$1.10

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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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.

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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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Quick 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.

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Pet Friendly Lifestyle

Ranked #

Among cities in Missouri for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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

Explore Preston, MO Rentals by Map

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See the most popular apartments and homes in Preston, MO

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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 Wyota Commons West listed at $550.

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

The lowest price for a Cheap One Bedroom Preston Apartment is $660 at Eldorado Springs.

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 $575 at North Terrace Apartments.

What is the most affordable Preston Three Bedroom Apartment?

The best deal on a cheap Preston Three Bedroom Apartment rental is at The U at Park East and starts from $645.

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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.