Preston Ridge
1950 Grisdale Ln,
Cary, NC 27513
$1,762 - $3,304
1-3 Beds
Located about five miles northwest of Downtown Cary, Preston is the city’s largest upscale neighborhood. Anchored by the opulent Prestonwood Country Club, Preston is Cary’s premier golf course community. This family-friendly locale has access to some of the best schools in the state, playgrounds, and pools. Along with frequenting the Prestonwood Country Club, residents enjoy spending time outdoors at Fred G. Bond Metro Park just south of the neighborhood, a massive lakeside green space with an amphitheater, rope course, and more.
Preston provides residents with a quiet, private retreat while still being close to major points of interest. Multiple shopping centers, restaurants, and entertainment options surrounded Preston while Raleigh, Durham, and Chapel Hill are all about a 30-minute drive away. Although Cary is known for its lavish single-family houses nestled on spacious lawns, there are moderately-priced rental options available as well.
As of March 2026, the average apartment rent in Preston is $1,309 for one bedroom, $1,800 for two bedrooms, and $2,362 for three bedrooms. Apartment rent in Preston has decreased by -12.8% in the past year.
1 BR
827 sq ft
Average Sq Ft
$1,309/month
Average Rent
2 BR
1,111 sq ft
Average Sq Ft
$1,800/month
Average Rent
3 BR
1,407 sq ft
Average Sq Ft
$2,362/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Preston - Cary, NC is for everyday living.
Somewhat Walkable
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Some Transit
You'll likely want a car when living in this area since it has few transit options.
Very Bikeable
This area is very bikeable. You’ll find a variety of bike paths and lanes.
3,491
Communities
958,581
Units
894
Cities
716
Communities
198,387
Units
338
Cities
631
Communities
175,806
Units
251
Cities
625
Communities
125,220
Units
245
Cities
566
Communities
126,998
Units
222
Cities
458
Communities
108,653
Units
228
Cities
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.