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Preston, ID Homes for Rent

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  • 237-239 W Oneida St, Preston, ID 83263
    237-239 W Oneida St, Preston, ID 83263
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    Starting at $1,295 Per Month

    • 3 Beds

    237-239 W Oneida St, Preston, ID 83263

    Welcome to our spacious newly built apartment complex located in the charming town of Preston, ID. This modern unit features stainless steel appliances, central air conditioning, and parking available for your convenience. With a prime location, you'll have easy access to local shops, restaurants, and entertainment options.We have several brand new units also available with similar

    The Orchard on Oneida

    (435) 210-6162

    237-239 W Oneida St, Preston, ID 83263
  • 14 S State St Unit Main, Preston, ID 83263
    14 S State St Unit Main, Preston, ID 83263
    14 S State St Unit Main, Preston, ID 83263
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    $1,400 Per Month

    • 2 Beds
    • 1 Bath
    • 1,500 Sq Ft
    • Condo for Rent

    14 S State St Unit Main, Preston, ID 83263

    All Utilities Included | Fully Furnished Downtown Preston RentalEnjoy comfortable, hassle-free living in the heart of downtown Preston! This spacious 1,500 sq. ft. furnished rental is move-in ready and includes everything you need.Features: 1,500 sq. ft. of living space Two sleeping areas:Private back bedroomMain living area with built-in pull-down beds and sleeper sofas Fully furnished – just

    14 S State St Unit Main, Preston, ID 83263
Idaho Franklin County Preston

Homes for Rent in Preston, ID

Why Live in Preston

Preston, located in Cache Valley, ID, is a small community known for its rural charm and scenic mountain views. The city gained fame as the filming location for the movie "Napoleon Dynamite," but its history dates back to 1868 as a farming community. Preston City Park is a central hub featuring athletic courts, a playground, a skate park, and a splash pad. Nearby, the historic Oneida State Academy Community & Historical Center is undergoing renovations to become an event space. Residents enjoy outdoor activities like paddling and tubing on Bear River and fishing at Oneida Narrows Reservoir. Preston Golf & Country Club offers an 18-hole public course for golf enthusiasts. The residential landscape includes homes on quarter-acre lots in the center and larger properties in the outskirts, with architectural styles ranging from saltbox and ranch to New Traditional homes. State Street is the main commercial area with grocery stores, boutiques, and restaurants like Mis Amores Mexican Restaurant and Tattles Bar & Grill. Preston Farmers Market operates at Preston City Park during summer and early fall. The community hosts annual events such as That Famous Preston Night Rodeo and Franklin County Fair. Commuting to Logan is convenient with a 27-mile drive on US Route 91.

Learn more about living in Preston

Frequently Asked Questions

How much does it cost to rent a home in Preston, ID?
The median rent for a home in Preston, ID is $1,400 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Preston, ID?
To comfortably afford the median rent in Preston, ID, a household needs to earn roughly $56,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,400 per month in Preston, ID, renters typically need to show $4,200 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Preston, ID?
In Preston, ID, the price-to-rent ratio is 33.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Trends in Preston, ID

There are currently 2 homes available for rent in Preston, ID. The median rent is $1,400 per month, with condos at $1,400.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$1,400
Median Condo Rent
$1,400
How to Rent a Home

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