Cheap Apartments for Rent in Preston, MD from $400 (17 Rentals)

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

Preston, MD Local Guide

Cheapest Available Preston Apartments for Rent and Nearby

 

The cheapest available apartment rental in Preston, MD is a 2 Beds unit found at Riverwoods at Denton in the Savannah Overlook neighborhood priced from $448. Federal Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $630. Here is today’s list of the most affordable Preston apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Riverwoods at Denton2 BR- Phase I & II2BR,1BA$448
Federal Manor1 Bed, 1 bath1BR,1BA$630
Leonard's Grove Apartments1 Bed, 1 bath1BR,1BA$765
Center Park Apartments1 Bed, 1 bath1BR,1BA$770
Dunbarton Estates Apartments1 Bed, 1 bath1BR,1BA$776

Best Value Apartments for Rent in Preston, MD and Nearby

As of March 26, 2025 the best value apartment in the Preston area is the $0.60 price per square foot C2 - Three Bedroom Townhome Model at The Village at Slippery Hill II in the starting from $799. The second greatest value Preston apartment is the 2 Model at The Reserve at Cypress Hall starting at $1,695 with a $1.35 price per square foot in the Orchard Hill 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.
The Village at Slippery Hill IIC2 - Three Bedroom Townhome3BR,2.5BA$0.60
The Reserve at Cypress Hall22BR,2BA$1.35
The Reserve at Ponds Edge2 Bedroom2BR,2BA$1.27
Ponds EdgeThe Mallard2BR,2BA$1.32
Mulberry Estatestwo bedroom2BR,1BA$1.26
Stone Grove Crossing1 Bedroom1BR,1BA$1.14
Dunbarton Estates Apartments1 Bed, 1 bath1BR,1BA$1.05
Caroline Apartmentsone bedroom1BR,1BA$1.21
Riverwoods at Denton1 BR- Phase I & II1BR,1BA$1.23
Federal Manor1 Bed, 1 bath1BR,1BA$1.09

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

Explore Preston, MD Rentals by Map

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Getting Around Preston, MD

Walk Score®

16 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

30 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Bay Manor Apartments listed at $2,000.

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

The lowest price for a Cheap One Bedroom Preston Apartment is $630 at Federal Manor.

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 $448 at Riverwoods at Denton.

What is the most affordable Preston Three Bedroom Apartment?

The best deal on a cheap Preston Three Bedroom Apartment rental is at The Village at Slippery Hill II and starts from $799.

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 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.

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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.