Apartments for rent in Preston, MN

Preston is a small town in Minnesota with a population of slightly more than 1,000. It's a nice place to raise a family, as young children account for a larger portion of the population here (9%) than nationally (6%), while young adults account for a smaller percentage of the town. Overall, the town's population, with an average age of just under 39, is younger than most cities in Minnesota. Only 27% of residents rent in Preston, as most own their homes. Renting remains an affordable option, though, as the town boasts a relatively low average rent of $635 per month. Over the course of a year, renters in Preston will save around $4,300 compared to the state average.

Preston residents have an average commute of about 29 minutes, longer than the Minnesota average of about 25 minutes. Many residents (39%) commute to work by car or truck, while public transit is not used much. Walking (2%) isn't a common method of commuting to work, though the number is higher than the national average.

Many Preston residents work in one of three industries: healthcare, manufacturing, and retail. Together, these industries account for 23% of the town's workforce. Meanwhile, in terms of job function, many of the town's residents work in sales, as 7% of the town's population reports this as their field of work, the highest number of any field. Preston workers bring in an average annual income of nearly $64,000, less than the average Minnesota resident. Preston's average income also trails the national average of $73,345. Preston has a large concentration of residents over the age of 25 who have earned an Associate's degree (10%) compared to the national average (5%). Further, 12% possess a Bachelor's degree and 4% have earned a Master's degree or Doctorate.