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Apartments for rent - Preston Hollow, Dallas, TX

47 Properties

Dallas Apartment Options

Avg. RentAnnual Change
Studio - $1,445+15%
1 Bed - $1,517+12%
2 Beds - $2,050+25%
3 Beds - $2,587+51%
Last updated 9/26/2022

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Overview of Preston Hollow

Renting an apartment in Preston Hollow, TX, will have you rubbing elbows with the elites of Dallas. The neighborhood is among the wealthiest in Texas, and in the country. Preston Hollow is in Northwest Dallas, about six miles from the city center. Originally farm land, home development began in the 1930s. It became part of Dallas in 1945. For years, the Preston Road was the only connection to downtown Dallas. Today, the Dallas Tollway has speeded that commute. The area was name for the woods, creeks and hollows west of Preston Road, something unique to Dallas. To ensure it remained, home builders were required to preserve it.

Preston Hollow Lifestyle and Entertainment

The high-powered shopping areas of North Dallas surround Preston Hollow, making it a shopper's paradise. You can shop high-end designer stores at the historic Highland Park Village, or browse to your heart's content at Galleria Dallas or NorthPark Center. High-powered can also be used to describe some of the area's well known residents, among them former President George W. Bush, T. Boone Pickens, Ross Perot, and Dallas Mavericks owner Mark Cuban, among others. Not unexpectedly, the cost of living in Preston Hollow is above the average for Dallas, and subsequently, the area attracts established professionals and their families.

The Preston Hollow Rental Market

Rentals in Preston Hollow vary widely depending on the type of apartment building, location and amenities desired. A typical one-bedroom, 600 square-foot apartment ranges from $600-$700 a month. On the other hand, reflecting the Preston Hollow address, a one-bedroom unit of nearly 2,000 feet in a luxury high-rise is $3,000 a month. Apartments of all kinds are by far the most common type of rental in Preston Hollow, but condos, townhomes and single-family homes are available as well.

Preston Hollow Resources

Preston Hollow is located in the Northwest section of the Dallas. To learn more about Dallas city government and council districts, visit Dallas City Hall. Public transportation in the area is provided by Dallas Area Rapid Transit or DART with both bus and light rail. The closest rail station is the Bachman, north of Love Field. The area is served by the Preston Royal Branch of the Dallas Public Library. Two local parks, Netherland Park and Preston Hollow Park, offer outdoor recreation opportunities.

Preston Hollow Zip Codes

Zip codes serving the Preston Hollow area include: 75229, 75230, 75244, 75220.

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