Cheap Homes for Rent in Prestonwood Neighborhood of Dallas, TX from $800 (32 Rentals)

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

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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Navigating the Rental Market: Tips for First-Time Renters

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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property at 8321 Bunche Dr

8321 Bunche Dr

DallasTX75243

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 1 Bed unit found at Northwood Heights priced from $729. La Fortuna Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $745. Here are the most affordable Prestonwood apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
Northwood HeightsA11BR,1BA$729
La Fortuna ApartmentsA1Studio,1BA$745
Junction at 7760S3Studio,1BA$750
The Landing at McCallumA11BR,1BA$795
Century ParkEFF1BR,1BA$799
Rock CreekA21BR,1BA$811
The Ridge on Spring ValleyS1UStudio,1BA$821
Davenport ApartmentsPlan A41BR,1BA$821
Montfort Crossingmona11BR,1BA$823
Tides at North DallasA11BR,1BA$835

Best Value Apartments for Rent in Prestonwood, TX

As of May 11, 2025 the best value apartment in the Prestonwood area is the $1.42 price per square foot B2 Model at Noel on the Parkway in the in the Preston Hollow neighborhood starting from $2,056. The second greatest value Prestonwood apartment is the Hartford Model at Huntington Townhomes starting at $1,527 with a $1.17 price per square foot in the Preston Hollow 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.
Noel on the ParkwayB22BR,2BA$1.42
Huntington TownhomesHartford3BR,1.5BA$1.17
Davenport ApartmentsPlan B72BR,2.5BA$1.29
La MiradaB2R2BR,2BA$1.30
SUMMIT PARQUE, LLCC13BR,2BA$1.42
Preston Racquet Club ApartmentsB2TH2BR,2BA$1.46
Lexington Apartment HomesB22BR,2BA$1.48
TiburonA11BR,1BA$1.33
Amber Dawn ApartmentsAurora I1BR,1BA$1.45
Chatham Court and ReflectionsA2C1BR,1BA$1.47

Quick Rent Budget Calculator

How much rent can you afford?

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Frequently Asked Questions about Prestonwood

What type of rentals are currently available in Prestonwood?

There are currently 221 Apartments for Rent in Prestonwood, TX with pricing that ranges from $665 to $29,841. There are also 170 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prestonwood ranging from $875 to $29,000.

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 $875 to $29,000 with an average monthly rent of $4,850.

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 $1,380 to $29,841, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $4,200. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $3,720.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

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