Cheap Apartments for Rent in Preston, MD from $500 (17 Rentals)

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

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Preston, MD Local Guide

Cheapest Available Preston Apartments for Rent and Nearby

 

The cheapest available apartment rental in Preston, MD is a 1 Bed unit found at Federal Manor priced from $630. Riverwoods at Denton in the Savannah Overlook neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $640. Here is today’s list of the most affordable Preston apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Federal Manor1 Bed, 1 bath1BR,1BA$630
Riverwoods at Denton1 BR w/Den- Phase III1BR,1BA$640
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 February 28, 2025 the best value apartment in the Preston area is the $1.10 price per square foot Townhomes Model at The Reserves at Belle Ayre in the in the Mearfield neighborhood starting from $1,689. The second greatest value Preston apartment is the C2 - Three Bedroom Townhome Model at The Village at Slippery Hill II starting at $799 with a $0.60 price per square foot . 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 Reserves at Belle AyreTownhomes3BR,2.5BA$1.10
The Village at Slippery Hill IIC2 - Three Bedroom Townhome3BR,2.5BA$0.60
The Reserve at Ponds Edge2 Bedroom2BR,2BA$1.27
Ponds EdgeThe Mallard Pond View2BR,2BA$1.35
Stone Grove Crossing1 Bedroom1BR,1BA$1.14
Mulberry Hill1 Bed, 1 bath1BR,1BA$1.24
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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Explore Preston, MD Rentals by Map

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See the most popular apartments and homes in Preston, MD

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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

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 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 $790 at Leonard's Grove Apartments.

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.

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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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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.

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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.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.