Cheap Apartments for Rent in Preston, CT from $400 (6 Rentals)

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Search the lowest-cost Apartments available for rent right now in Preston.

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The Wauregan
Studio to 1 Bedroom Apartments

The Wauregan

25 BroadwayNorwich, CT 06360
  • Utilities Included
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Ledgeview Apartments
1 to 3 Bedroom Apartments

Ledgeview Apartments

50 Palmer StNorwich, CT 06360
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Cedar Glen Apartments
1 to 2 Bedroom Apartments

Cedar Glen Apartments

99 Cedar StNorwich, CT 06360
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Mount View Apartments
1 to 2 Bedroom Apartments

Mount View Apartments

1591 Norwich New London TpkeUncasville, CT 06382
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Blackstone Apartments
1 to 2 Bedroom Apartments

Blackstone Apartments

206 Washington StNorwich, CT 06360
  • Utilities Included

Preston, CT Local Guide

Cheapest Available Preston Apartments for Rent and Nearby

 

The cheapest available apartment rental in Preston, CT is a Studio unit found at The Wauregan in the Northeast New London Norwich neighborhood priced from $443. Water Street Lofts in the Northeast New London Norwich neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. Here is today’s list of the most affordable Preston apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The WaureganStudioStudio,1BA$443
Water Street LoftsStudioStudio,1BA$1,175
Walter Street LoftsStudioStudio,1BA$1,175

Best Value Apartments for Rent in Preston, CT and Nearby

As of April 06, 2025 the best value apartment in the Preston area is the $1.66 price per square foot 73 Asylum St Model at 73 Asylum St, Unit 1 in the in the Northeast New London Norwich neighborhood starting from $2,400. The second greatest value Preston apartment is the 38 McKinley Ave Model at 38 McKinley Ave, Unit 38 C McKinley Ave. starting at $1,600 with a $1.10 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 ListingModel NameBed/BathPrice Per Sq.Ft.
73 Asylum St, Unit 173 Asylum St3BR,2BA$1.66
38 McKinley Ave, Unit 38 C McKinley Ave.38 McKinley Ave2BR,1BA$1.10
Summitwoods Apartments3 Bed3BR,2BA$1.47
Rose Hill EstatesBackus3BR,1BA$1.78
Thamesview Apartments2 Bedroom2BR,1BA$1.76
Mohegan Commons ApartmentsThe Village - 3 Bedroom3BR,1.5BA$1.47
The Terraces Apartments1 Bedroom1BR,1BA$1.37
Walter Street Lofts1 Bedrooms1BR,1BA$2.18
196 Central Ave, Unit 3196 Central Ave1BR,1BA$2.15
Water Street LoftsStudioStudio ,1BA$2.08

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Explore Preston, CT Rentals by Map

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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

Frequently Asked Questions about Cheap Preston Apartments

How much is rent for a Cheap One Bedroom Preston Apartment?

The lowest price for a Cheap One Bedroom Preston Apartment is $1,215 at The Wauregan.

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 $1,325 at The Terraces 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.

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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.

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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.