Cheap Homes for Rent in Prestonwood Neighborhood of Dallas, TX from $800 (29 Rentals)

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Search the lowest-cost Homes available for rent right now in the Prestonwood area of Dallas.

Dallas's Best Affordable Neighborhoods

Learn about Dallas and the best places to live with original content written by our Dallas, TX Local Expert Tiffany Clark

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Prestonwood, Dallas, TX Local Guide

Cheapest Available Prestonwood Apartments for Rent

 

The cheapest available apartment rental in the Prestonwood area of Dallas, TX is a Studio unit found at La Fortuna Apartments priced from $705. Junction at 7760 has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Prestonwood apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
La Fortuna ApartmentsA1Studio,1BA$705
Junction at 7760S3Studio,1BA$750
The Landing at McCallumA11BR,1BA$765
Esperanza ApartmentsTiger Lily1BR,1BA$785
Preston OaksA11BR,1BA$803
Northwood HeightsA11BR,1BA$808
Tides at North DallasA11BR,1BA$810
5636 Apartment HomesEfficiencyStudio,1BA$825
Davenport ApartmentsPlan A21BR,1BA$829

Best Value Apartments for Rent in Prestonwood, TX

As of March 27, 2025 the best value apartment in the Prestonwood area is the $1.34 price per square foot 15860 El Estado Dr Model at 15860 El Estado Dr in the in the Northwood Hills neighborhood starting from $2,145. The second greatest value Prestonwood apartment is the B1 Model at Tiburon starting at $1,557 with a $1.33 price per square foot in the Northwood Hills neighborhood. Here is today’s list of the best values for Prestonwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
15860 El Estado Dr15860 El Estado Dr3BR,2BA$1.34
TiburonB12BR,2BA$1.33
Esperanza ApartmentsSunflower3BR,2BA$1.23
Preston Racquet Club ApartmentsB1TH2BR,2BA$1.29
Hidden Bend TownhomesB1 WITH GARAGE2BR,1.5BA$1.39
La MiradaB1R2BR,2BA$1.34
Amber Dawn ApartmentsRadiance II2BR,2BA$1.41
Preston OaksB12BR,1BA$1.46
Davenport ApartmentsPlan A21BR,1BA$1.46
La Fortuna ApartmentsA1Studio ,1BA$1.41

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Frequently Asked Questions about Prestonwood

What type of rentals are currently available in Prestonwood?

There are currently 229 Apartments for Rent in Prestonwood, TX with pricing that ranges from $705 to $29,474. There are also 140 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prestonwood ranging from $877 to $15,000.

What is the current price range for Rental Homes in Prestonwood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Prestonwood ranges from $877 to $15,000 with an average monthly rent of $4,592.

How much are larger Three and Four Bedroom Rentals in Prestonwood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Prestonwood range from $1,290 to $29,474, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $7,970.

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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The 10 Best Affordable Neighborhoods in Dallas, TX

Written by: Tiffany Clark

Dallas is a vibrant, dynamic city that offers no shortage of opportunities and a high quality of living for young professionals, families, and retirees.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.