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- 2BR, 2BAHome
- $1,700
- 849Square Feet
- Available NowAvailability
Unit Rent and Fees
Unit Price
- $1,700
Deposit
- $1,700 deposit
About 242 Preston Ave
Property Id: 2328767 This charming 2-bedroom, 2-bathroom ranch in Waterford, Michigan, offers a perfect blend of modern updates and cozy comfort. Extensively remodeled in 2025, the home features approximately 1,394 square feet of total living space, including a partially finished basement and high-end finishes throughout. Interior Highlights: Modern Kitchen: A fully remodeled kitchen featuring sleek white cabinetry, newer appliances (dishwasher, gas range, refrigerator, and microwave), and stylish vinyl plank flooring. Both bathrooms feature jacuzzi tubs. Elegant Living Spaces: Enjoy the warmth of original hardwood floors throughout the living room and bedrooms, complemented by recessed lighting and ceiling fans for year-round comfort. Versatile Basement: The 890 -square-foot partially finished lower level provides a second full bathroom, a dedicated laundry area, and ample room for storage, home office, gym, etc. Year-Round Comfort: Equipped with ceiling fans, central air conditioning and forced air natural gas heating. Ample Parking: Includes an extra deep 2-car detached garage and a private driveway. Prime Location: Minutes from Otter Lake and Sylvan Lake, and walking distance to Donelson Hills Elementary. Renter Criteria & Requirements To ensure a high standard of living for all residents, applicants must meet the following criteria: Rent-to-Income Ratio: A gross monthly income of at least 3x the monthly rent is required. Credit Score: Applicants should have a minimum credit score of 600 to 650 to be considered. Background Check: A comprehensive background check will be conducted for all adult applicants, including criminal history, eviction records, and credit reports. Other Factors: Positive references from previous landlords and proof of stable employment are highly encouraged.
242 Preston Ave is located in the 48328 Zip code of Waterford Township, MI.
Property Contact Info
Features and Amenities
On-Site Services
- Garden Style
Outdoor Features
- Fenced Lot
- Lawn
Recreation and Fitness
- Spa
Interior Features
- Cable Ready
- Washer/Dryer
Kitchen Amenities
- Dishwasher
- Microwave
- Oven
- Refrigerator
- Freezer
- Disposal
Living Area Features
- Tile Floors
- Vinyl Flooring
- Hardwood Floors
Unique Amenities
- Garage Available

Map
- Shopping
- Colleges
- Grocery
- Medical
- Parks

Map
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 242 Preston Ave
What type of rental is available at 242 Preston Ave?
There is currently a 2 Bed 2 Bath Home for rent with 849 sq ft listed at 242 Preston Ave. It is Available Now.
How much is the rent at 242 Preston Ave?
The rental at 242 Preston Ave is currently listed at $1,700.
What area of town is 242 Preston Ave located in?
242 Preston Ave is in the 48328 Zip Code of Waterford Township, MI.
Nearby Schools
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from 242 Preston Ave.
Big Box and Retail
Jcpenney
Meijer
Aldi
Colleges and Universities
Baker College of Auburn Hills - Auburn Hills Campus
Oakland Community College - Highland Lakes Campus
Oakland Community College - Auburn Hills Campus
Groceries
Meijer
Aldi
Kroger
Hospitals
Parks and Recreation
242 Preston Ave has 1 park within 7.0 miles, including Cranbrook House and Gardens.
Restaurants and Dining
Shopping Centers
242 Preston Ave has 5 shopping centers within 0.7 miles.
Nearby Neighborhoods
Nearby Apartments
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterford Township Studio Apartments | $838 | $693 | $1,122 |
| Waterford Township 1 Bedroom Apartments | $1,173 | $750 | $1,700 |
| Waterford Township 2 Bedroom Apartments | $1,584 | $850 | $2,975 |
| Waterford Township 3 Bedroom Apartments | $1,640 | $1,425 | $2,105 |
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