Cheap Apartments for Rent in Preston, MO from $500 (42 Rentals)

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

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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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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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 Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Wyota Commons
Studio Apartments

Wyota Commons

1221 Millcreek RdLebanon, MO 65536
  • Utilities Included
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Wyota Commons West
Studio Apartments

Wyota Commons West

2071 W Elm StLebanon, MO 65536
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 710 Hwy O

710 Hwy O

Gravois MillsMO65037
Showing Results 1-42, 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 2 Beds unit found at North Terrace Apartments in the Northeast neighborhood priced from $575. Eldorado Springs has the second lowest priced unit, which is a 1 Bed apartment currently listed from $595. Here is today’s list of the most affordable Preston apartments for rent:

Apartment ListingModel NameBed/BathPriced From
North Terrace Apartments2 x 1 Small2BR,1BA$575
Eldorado Springs1 Bed, 1 bath1BR,1BA$595
Eldo Suites Apartments1 BR 1 BA1BR,1BA$600
Oak Place1 bedroom1BR,1BA$625
English Village1 Bedroom, 1 Bathroom1BR,1BA$650
El MadridEl Madrid StudioStudio,1BA$675
Hillcrest 901 Bedroom1BR,1BA$695
Embassy Apartments1 Bed/1 Bath! Embassy Apartments - Close to MS...1BR,1BA$699
Cherry Plaza2 Bedroom Units Available - Close to Downtown &...2BR,2BA$775
Spirit of St. LouisStudio1BR,1BA$795

Best Value Apartments for Rent in Preston, MO and Nearby

As of October 24, 2025 the best value apartment in the Preston area is the $0.97 price per square foot 3x2 Model at Summit Park in the starting from $1,595. The second greatest value Preston apartment is the 2 bed 2 bath, Aug 1st Model at 1325 E Cherry St starting at $1,150 with a $0.96 price per square foot in the Central 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.
Summit Park3x23BR,2BA$0.97
1325 E Cherry St2 bed 2 bath, Aug 1st2BR,2BA$0.96
The 505 (MO)2 BEDROOM, 2 BATH2BR,2BA$0.74
Aspen Heights Springfield2x2 Frisco A/B2BR,2BA$0.91
North Terrace Apartments2 x 1 Small2BR,1BA$0.73
Cherry Plaza2 Bedroom Units Available - Close to Downtown &...2BR,2BA$1.03
English Village1 Bedroom, 1 Bathroom1BR,1BA$0.96
Embassy Apartments1 Bed/1 Bath! Embassy Apartments - Close to MS...1BR,1BA$1.04
Eldorado Springs1 Bed, 1 bath1BR,1BA$0.99
Eldo Suites Apartments1 BR 1 BA1BR,1BA$1.00

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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.

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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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Getting Around Preston, MO

Walk Score®

1 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

19 / 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 El Madrid listed at $675.

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

The lowest price for a Cheap One Bedroom Preston Apartment is $595 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 Orchard Park Apartments and starts from $1,179.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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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.