Cheap Apartments for Rent in Preston, KY from $600 (21 Rentals)

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

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.

property at 1590 Martha Ct

1590 Martha Ct

LexingtonKY40505
property at 1586 Martha Ct

1586 Martha Ct

LexingtonKY40505

Preston, KY Local Guide

Cheapest Available Preston Apartments for Rent and Nearby

 

The cheapest available apartment rental in Preston, KY is a 1 Bed unit found at Morrow Rentals priced from $650. McGinnis Properties has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here is today’s list of the most affordable Preston apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Morrow RentalsOne Bed1BR,1BA$650
McGinnis PropertiesTownhome2BR,1BA$700
Williamsburg TerraceOne Bedroom-Rent Based on Income1BR,1BA$724
Shawnee Trail ApartmentsOne Bedroom1BR,1BA$726
Top Notch Townhomes & StorageTop Notch Rentals2BR,1BA$900

Best Value Apartments for Rent in Preston, KY and Nearby

As of April 20, 2025 the best value apartment in the Preston area is the $0.46 price per square foot Townhome Model at McGinnis Properties in the starting from $700. The second greatest value Preston apartment is the A2 Stanton - 1 Bedrooms, 1.5 Bathroom Model at Hamburg Farms starting at $1,439 with a $1.34 price per square foot in the Liberty Area 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.
McGinnis PropertiesTownhome2BR,1.5BA$0.46
Hamburg FarmsA2 Stanton - 1 Bedrooms, 1.5 Bathroom1BR,1.5BA$1.34
SPECIALS: The Reserve & Enclave at FairholmeThe Enclave2BR,2.5BA$1.36
Williams Estates ApartmentsTwo Bedroom2BR,1BA$1.04
Top Notch Townhomes & StorageTop Notch Rentals2BR,1.5BA$0.94
The ResortOne Bedroom1BR,1BA$1.11
Legacy Lake ApartmentsOne Bedroom One Bath1BR,1BA$1.28
Vines at Saddlebrook2 x 12BR,1BA$1.18
Polo Club Park - Senior/Affordable Housing2bd2BR,1BA$1.23
Townhomes & Flats at MSUGold Flat2BR,1BA$1.22

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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 Springs At Hamburg listed at $1,317.

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

The lowest price for a Cheap One Bedroom Preston Apartment is $650 at Morrow Rentals.

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 $700 at McGinnis Properties.

What is the most affordable Preston Three Bedroom Apartment?

The best deal on a cheap Preston Three Bedroom Apartment rental is at Williamsburg Terrace and starts from $1,019.

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.