Cheap Apartments for Rent in Preston, KY from $600 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Preston.

Shawnee Trail Apartments

Williamsburg Terrace

Ty Lane Apartments

Vines at Saddlebrook

Townhomes & Flats at MSU

Polo Club Park - Senior/Affordable Housing

Steeplechase Apartments

Top Notch Townhomes & Storage

Williams Estates Apartments

The Resort

Gleneagles Apartments

103 Rice Ct

1589 Pennington Flat Rd
Preston, KY Local Guide

How much does it cost to rent an apartment in Preston?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Preston Studio Apartments | $1,472 | $1,236 | $1,573 |
Preston 1 Bedroom Apartments | $1,309 | $650 | $2,318 |
Preston 2 Bedroom Apartments | $1,575 | $700 | $3,174 |
Preston 3 Bedroom Apartments | $1,958 | $1,012 | $3,326 |
Browse Top Apartments in Preston
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Preston, KY Local Guide
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Cheapest Neighborhoods for Apartments in Preston, KY
Pricing Updated: 03/21/2025Current apartment rentals in the Preston, KY area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Preston Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Morrow Rentals | One Bed | 1BR,1BA | $650 |
McGinnis Properties | Townhome | 2BR,1BA | $700 |
Shawnee Trail Apartments | One Bedroom | 1BR,1BA | $712 |
Williamsburg Terrace | One Bedroom-Rent Based on Income | 1BR,1BA | $724 |
Vines at Saddlebrook | 2 x 1 | 2BR,1BA | $855 |
Best Value Apartments for Rent in Preston, KY and Nearby
As of March 21, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
McGinnis Properties | Townhome | 2BR,1.5BA | $0.46 |
Hamburg Farms | A2 Stanton - 1 Bedrooms, 1.5 Bathroom | 1BR,1.5BA | $1.34 |
Garden Estates | One Bedroom | 1BR,1BA | $1.26 |
Williams Estates Apartments | Two Bedroom | 2BR,1BA | $1.04 |
Top Notch Townhomes & Storage | Top Notch Rentals | 2BR,1.5BA | $0.94 |
Colts Run | Calumet - 2 Bedroom, 2 Bath (950 sqft.) | 2BR,2BA | $1.30 |
The Resort | One Bedroom | 1BR,1BA | $1.11 |
Legacy Lake Apartments | One Bedroom One Bath | 1BR,1BA | $1.28 |
Vines at Saddlebrook | 2 x 1 | 2BR,1BA | $1.02 |
Townhomes & Flats at MSU | Gold Flat | 2BR,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 $1,455.
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 Shawnee Trail Apartments and starts from $1,012.
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.