Cheap Homes for Rent in Preston, MO from $700 (18 Rentals)

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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.

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.

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.

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
Aspen Springfield4 Bedroom - Boulder A4BR,4BA$599
Oak Place1 bedroom1BR,1BA$600
The U at Park East3BR/3BA - The Andres3BR,3BA$625

Best Value Apartments for Rent in Preston, MO and Nearby

As of June 18, 2026 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 3 Beds, 2 Baths Model at Parkwood Apartments starting at $1,300 with a $1.08 price per square foot in the Northeast 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
Parkwood Apartments3 Beds, 2 Baths3BR,2BA$1.08
The 505 (MO)2 BEDROOM, 2 BATH2BR,2BA$0.75
Hillcrest 902 Bedroom2BR,1BA$0.86
Vue on Walnut | Student HousingB1 | Two Bedroom2BR,2BA$0.94
The U at Park East2BR/2BA - The Kirkenmeyer2BR,2BA$0.74
Silver Springs2.1.5 (840)2BR,1.5BA$1.07
North Terrace Apartments2 x 1 Small2BR,1BA$0.73
Cherry Plaza2 Bedroom Units Available - Close to Downtown &...2BR,2BA$1.07
Grandview Village1 bedroom1BR,1BA$1.04

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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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!

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Frequently Asked Questions about Preston

What type of rentals are currently available in Preston?

There are currently 55 Apartments for Rent in Preston, MO with pricing that ranges from $505 to $3,141. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Preston ranging from $725 to $5,000.

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 $725 to $5,000 with an average monthly rent of $1,627.

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 $609 to $2,579, while Three Bedroom Homes, Condos, and Townhomes for rent range from $725 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $550.

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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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.