Cheap Apartments for Rent in Preston, CT from $400 (9 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
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Norwich Apartments
2 Bedroom Apartments

Norwich Apartments

24 Sandy LnNorwich, CT 06360
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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. Mohegan Commons Apartments in the Northeast New London Norwich neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable Preston apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The WaureganStudioStudio,1BA$443
Mohegan Commons ApartmentsThe Village - 1 Bedroom1BR,1BA$1,000
Water Street LoftsStudioStudio,1BA$1,175

Best Value Apartments for Rent in Preston, CT and Nearby

As of April 27, 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 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 ListingModel NameBed/BathPrice Per Sq.Ft.
73 Asylum St, Unit 173 Asylum St3BR,2BA$1.66
Summitwoods Apartments3 Bed3BR,2BA$1.47
Rose Hill EstatesBackus3BR,1BA$1.78
31 Penobscot St, Unit 231 Penobscot St4BR,1BA$2.00
Thamesview Apartments2 Bedroom2BR,1BA$1.83
Oak Tree Village2 Bedroom2BR,1BA$1.71
The Terraces Apartments1 Bedroom1BR,1BA$1.37
Mohegan Commons ApartmentsThe Village - 1 Bedroom1BR,1BA$1.52
Water Street LoftsStudioStudio ,1BA$2.08
Walter Street LoftsStudioStudio ,1BA$2.08

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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 $1,000 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 $1,325 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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.