
Cheap Apartments for Rent in Preston, CT from $700 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Preston.


The Lofts at Ponemah Mills

22 Hawthorne St

39 Elizabeth St

91 S 2nd Ave

Village Court
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 | $1,550 |
Preston 1 Bedroom Apartments | $1,301 | $1,000 | $1,650 |
Preston 2 Bedroom Apartments | $1,977 | $1,172 | $4,214 |
Preston 3 Bedroom Apartments | $2,465 | $1,600 | $4,423 |
Preston 4 Bedroom Apartments | $2,231 | $1,995 | $2,700 |
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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 Mohegan Commons Apartments in the Northeast New London Norwich neighborhood priced from $1,000. Oak Tree Village in the Northeast New London Norwich neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,172. Here is today’s list of the most affordable Preston apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Mohegan Commons Apartments | The Village - 1 Bedroom | 1BR,1BA | $1,000 |
Oak Tree Village | 2 Bedroom | 2BR,1BA | $1,172 |
85 Main St | Studio | Studio,1BA | $1,175 |
The Wauregan | 1 Bedroom | 1BR,1BA | $1,215 |
The Terraces Apartments | 1 Bedroom | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Preston, CT and Nearby
As of March 07, 2025 the best value apartment in the Preston area is the $1.44 price per square foot 33-43 S 2nd Ave Model at 33-43 S 2nd Ave, Unit 33 in the in the Northeast New London Norwich neighborhood starting from $2,600. The second greatest value Preston apartment is the 3 Bed Model at Summitwoods Apartments starting at $1,950 with a $1.47 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. |
---|---|---|---|
33-43 S 2nd Ave, Unit 33 | 33-43 S 2nd Ave | 5BR,2BA | $1.44 |
Summitwoods Apartments | 3 Bed | 3BR,2BA | $1.47 |
Pleasant View Estates | 2 bed, 2 bath | 2BR,2BA | $2.11 |
284 Prospect St, Unit C | 284 Prospect St | 1BR,1BA | $1.25 |
Oak Tree Village | 2 Bedroom | 2BR,1BA | $1.27 |
The Terraces Apartments | 1 Bedroom | 1BR,1BA | $1.47 |
63 10th St, Unit 2 | 63 10th St | 2BR,1BA | $2.35 |
85 Main St | 1 Bedrooms | 1BR,1BA | $2.50 |
Mohegan Commons Apartments | The Village - 1 Bedroom | 1BR,1BA | $1.52 |
The Wauregan | 1 Bedroom | 1BR,1BA | $2.34 |
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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 $1,175.
How much is rent for a Cheap One Bedroom Preston Apartment?
The lowest price for a Cheap One Bedroom Preston Apartment is $1,000 at Mohegan Commons Apartments.
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 $1,172 at Oak Tree Village.
What is the most affordable Preston Three Bedroom Apartment?
The best deal on a cheap Preston Three Bedroom Apartment rental is at Summitwoods Apartments and starts from $1,950.
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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.