Cheap Apartments for Rent in Preston, MN from $700 (26 Rentals)

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

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property at 121 Main St S

121 Main St S

Grand MeadowMN55936
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The Ida
1 Bedroom Apartments

The Ida

1226-1232 4th Ave SWRochester, MN 55902
  • Utilities Included
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The Riverview
1 to 2 Bedroom Apartments

The Riverview

211 1st St NERochester, MN 55906
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Showing Results 1-26, Page 1 of 1

Preston, MN Local Guide

Cheapest Available Preston Apartments for Rent and Nearby

 

The cheapest available apartment rental in Preston, MN is a 1 Bed unit found at Meadow Park Apartments in the Meadow Park neighborhood priced from $800. Country Valley has the second lowest priced unit, which is a 3 Beds apartment currently listed from $995. Here is today’s list of the most affordable Preston apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Meadow Park ApartmentsOne Bedroom1BR,1BA$800
Country Valley16x723BR,2BA$995
EastGate ApartmentsA1-501BR,1BA$1,024
Homestead Village Townhomes2 Bedroom 1 Bathroom2BR,1BA$1,075
The IdaFurnished 1B1B1BR,1BA$1,175
The Manor at Med City1 Bedroom - Deluxe1BR,1BA$1,225
Red44VentureStudio,1BA$1,229
TwentyFirst Ave2 Bedroom 1 Bathroom2BR,1BA$1,260
SoRoc On MaineAborgienStudio,1BA$1,310
The RosewaterSedge1BR,1BA$1,319

Best Value Apartments for Rent in Preston, MN and Nearby

As of April 20, 2025 the best value apartment in the Preston area is the $1.07 price per square foot 2BR Model at Broadway Plaza - Mayo Clinic in the in the Meadow Park neighborhood starting from $1,700. The second greatest value Preston apartment is the 2 Bed, 2.5 Bath, Plus Den Model at Falcon Heights Townhomes starting at $2,200 with a $1.57 price per square foot in the East Rochester 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.
Broadway Plaza - Mayo Clinic2BR2BR,2.5BA$1.07
Falcon Heights Townhomes2 Bed, 2.5 Bath, Plus Den2BR,2.5BA$1.57
Country Valley16x723BR,2BA$0.86
TwentyFirst Ave2 Bedroom 1 Bathroom2BR,1BA$1.40
Civic Square ApartmentsTwo Bedroom - 883 Sq. Ft.2BR,2BA$1.66
Homestead Village Townhomes2 Bedroom 1 Bathroom2BR,1BA$1.30
The Vista at South BroadwayFelix1BR,1BA$1.77
EastGate ApartmentsA1-701BR,1BA$1.89
The IdaFurnished 1B1B1BR,1BA$1.81
Meadow Park ApartmentsOne Bedroom1BR,1BA$1.38

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Getting Around Preston, MN

Walk Score®

36 / 100

Car-Dependent

Most errands require a car

Bike Score®

41 / 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 Red44 listed at $1,229.

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

The lowest price for a Cheap One Bedroom Preston Apartment is $800 at Meadow Park 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 $1,000 at Meadow Park Apartments.

What is the most affordable Preston Three Bedroom Apartment?

The best deal on a cheap Preston Three Bedroom Apartment rental is at Country Valley and starts from $995.

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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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.

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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.