Cheap Apartments for Rent in Preston, MN from $700 (22 Rentals)

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The Riverview
1 to 2 Bedroom Apartments

The Riverview

211 1st St NERochester, MN 55906
  • Utilities Included
Showing Results 1-22, 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 Studio unit found at The Beacon Apartments in the Meadow Park neighborhood priced from $975. Homestead Village Townhomes in the Meadow Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,075. Here is today’s list of the most affordable Preston apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Beacon ApartmentsStudioStudio,1BA$975
Homestead Village Townhomes2 Bedroom 1 Bathroom2BR,1BA$1,075
The IdaUnfurnished 1B1B1BR,1BA$1,150
EastGate ApartmentsS1-60Studio,1BA$1,166
Civic Square ApartmentsOne Bedroom - 602 Sq.Ft.1BR,1BA$1,200

Best Value Apartments for Rent in Preston, MN and Nearby

As of March 26, 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
Avani LivingTwo Bedroom A2BR,2BA$1.43
Homestead Village Townhomes2 Bedroom 1 Bathroom2BR,1BA$1.30
318 Commons2BR/1.0BA2BR,1BA$1.94
The Vista at South BroadwayFelix1BR,1BA$2.06
The Boulders1A1BR,1BA$2.06
Eastwood RidgeSparrow1BR,1BA$2.10
The IdaUnfurnished 1B1B1BR,1BA$1.77
Civic Square ApartmentsOne Bedroom - 602 Sq.Ft.1BR,1BA$1.99

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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 The Beacon Apartments listed at $975.

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

The lowest price for a Cheap One Bedroom Preston Apartment is $1,150 at The Ida.

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 $1,075 at Homestead Village Townhomes.

What is the most affordable Preston Three Bedroom Apartment?

The best deal on a cheap Preston Three Bedroom Apartment rental is at Homestead Village Townhomes and starts from $1,275.

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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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.

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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.