
Cheap Apartments for Rent in Preston, CT from $700 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Preston.


91 S 2nd Ave

Village Court

Mohegan Commons Apartments

The Terraces Apartments
Preston, CT Local Guide

How much does it cost to rent an apartment in Preston?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Preston Studio Apartments | $1,521 | $1,450 | $1,650 |
Preston 1 Bedroom Apartments | $1,453 | $1,175 | $1,650 |
Preston 2 Bedroom Apartments | $2,004 | $1,225 | $4,270 |
Preston 3 Bedroom Apartments | $2,149 | $1,400 | $5,157 |
Preston 4 Bedroom Apartments | $2,081 | $1,550 | $2,700 |
Browse Top Apartments in Preston
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Preston, CT Local Guide
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Cheapest Available Preston Apartments for Rent and Nearby
 The cheapest available apartment rental in Preston, CT is a 1 Bed unit found at The Wauregan in the Northeast New London Norwich neighborhood priced from $1,215. Mohegan Commons Apartments in the Northeast New London Norwich neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,225. Here is today’s list of the most affordable Preston apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Wauregan | 1 Bedroom | 1BR,1BA | $1,215 |
Mohegan Commons Apartments | The Village - 2 Bedroom | 2BR,1BA | $1,225 |
The Terraces Apartments | 2 Bedroom | 2BR,1BA | $1,325 |
Thamesview Apartments | 1 Bedroom | 1BR,1BA | $1,425 |
85 Main St | Studio | Studio,1BA | $1,450 |
Best Value Apartments for Rent in Preston, CT and Nearby
As of March 26, 2025 the best value apartment in the Preston area is the $0.94 price per square foot Studio Model at 85 Main St in the in the Northeast New London Norwich neighborhood starting from $1,450. The second greatest value Preston apartment is the 2 Bedroom Model at The Terraces Apartments starting at $1,325 with a $0.88 price per square foot in the Northeast New London Norwich neighborhood. Here is today’s list of the best values for Preston apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
85 Main St | Studio | Studio ,1BA | $0.94 |
The Terraces Apartments | 2 Bedroom | 2BR,1BA | $0.88 |
6 Grove Pl, Unit 6D | 6 Grove Pl | 3BR,2BA | $1.29 |
38 McKinley Ave, Unit 38 C McKinley Ave. | 38 McKinley Ave | 2BR,1BA | $1.10 |
73 Asylum St, Unit 1 | 73 Asylum St | 3BR,2BA | $1.66 |
Summitwoods Apartments | 3 Bed | 3BR,2BA | $1.47 |
Pleasant View Estates | 2 bed, 2 bath | 2BR,2BA | $2.11 |
Thamesview Apartments | 2 Bedroom | 2BR,1BA | $1.76 |
Mohegan Commons Apartments | The Village - 3 Bedroom | 3BR,1.5BA | $1.47 |
Rose Hill Estates | Leffingwell | 2BR,1BA | $2.19 |
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Getting Around Preston, CT
Walk Score®
9 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
17 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
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 85 Main St listed at $1,450.
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 $1,225 at Mohegan Commons Apartments.
What is the most affordable Preston Three Bedroom Apartment?
The best deal on a cheap Preston Three Bedroom Apartment rental is at Mohegan Commons Apartments and starts from $1,400.
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.

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.

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.

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.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.