Preston Hollow in North Dallas is now a go-to spot for upscale, low-density apartment living. Known for its peaceful atmosphere and proximity to major business hubs, the area offers luxurious mid-rise and boutique-style apartments. Key features include spacious layouts, resort-like amenities, and easy access to dining, shopping, and the Dallas North Tollway.
Quick Highlights:
- Luxury Apartments: New developments like Hanover Preston Hollow (2025) focus on high-end finishes, private courtyards, and modern conveniences like EV charging stations.
- Target Audience: Professionals, couples, and those relocating who value space and a serene environment.
- Rent Prices: 1-bedroom starts at $2,700/month; 3-bedroom penthouses range from $15,700 to $18,300/month.
- Lifestyle Focus: Quiet, residential living with access to green spaces like the Northaven Trail.
- Downsides: Car dependency and limited nightlife options compared to urban areas like Uptown.
If you’re looking for a refined, tranquil lifestyle with modern amenities, Preston Hollow delivers.
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New Apartment Development in Preston Hollow
Preston Hollow vs Uptown Dallas Apartment Comparison: Lifestyle, Amenities and Pricing
Development Style in Preston Hollow
Preston Hollow has carved out a niche for itself in the Dallas housing market by emphasizing quality over sheer scale. Developers here lean towards creating luxury mid-rise buildings and boutique residential communities, steering clear of the towering high-rises commonly seen in other parts of Dallas. A prime example of this approach is Hanover Preston Hollow, which debuted in 2025 and showcases the area’s commitment to refined, luxury living.
This neighborhood’s reputation for exclusivity is reflected in its developments, which often feature resort-style amenities. Think private courtyards, wine lockers, and even golf simulators – all paired with high-end finishes designed to create a serene, upscale living experience. It’s this thoughtful design philosophy that makes Preston Hollow stand out from Dallas’s busier, more urbanized neighborhoods.
How Preston Hollow Compares to Uptown and Turtle Creek
The difference between Preston Hollow and Dallas’s urban core couldn’t be more pronounced – and that’s by design. Uptown and Turtle Creek thrive on high-density high-rises and a vibrant nightlife scene, while Preston Hollow offers a peaceful, residential retreat. The area is also tailored for drivers, with easy access to the Dallas North Tollway and I-635, contrasting sharply with the pedestrian-friendly streets of Uptown.
| Feature | Preston Hollow | Uptown/Turtle Creek |
|---|---|---|
| Building Style | Lower-density mid-rise and boutique | High-density high-rise |
| Lifestyle Focus | Tranquil, residential, relaxed | Energetic, urban, nightlife-focused |
| Typical Unit Sizes | Large (up to 3,370 sq. ft.) | Generally smaller, efficient |
| Walkability | Car-dependent, gated garages | Walkable, transit-oriented |
| Amenities | Private courtyards, wine lockers, trail access | Rooftop lounges, proximity to bars/clubs |
Preston Hollow caters to residents who value a sophisticated, relaxed lifestyle over the hustle and bustle of urban living. The neighborhood’s hubs, such as Preston Hollow Village and Preston Center, offer a convenient mix of high-end dining – like Hillstone and R&D Kitchen – and retail options, including Trader Joe’s. These spots provide a touch of walkability while preserving the neighborhood’s calm, laid-back vibe compared to the energetic atmosphere of Uptown.
New Apartment Buildings in Preston Hollow
Preston Hollow offers a handful of carefully chosen new apartment options, focusing on luxury and a residential feel rather than high-density urban living. Here’s a quick look at each option:
Hanover Preston Hollow
Hanover Preston Hollow, launched in 2025, stands out as the neighborhood’s luxury centerpiece. It offers hotel-style amenities, including a billiards room and electric vehicle charging stations, setting a high standard for upscale living.
The Westlyn
The Westlyn is a boutique mid-rise designed for those who value an intimate and refined atmosphere. Its smaller size makes it ideal for residents seeking a quiet, upscale community without an overload of amenities.
Elate Bent Tree
Elate Bent Tree combines modern design with a peaceful vibe, perfect for professionals. Its location provides easy access to major routes, making it a convenient choice for those commuting to North Dallas.
August Hills
August Hills offers spacious, contemporary layouts that feel more like a home than an apartment. It’s a great fit for renters moving from single-family homes or anyone looking for roomy living spaces in a tranquil North Dallas environment.
Rent Prices in Preston Hollow
The rental market in Preston Hollow reflects the neighborhood’s reputation for exclusivity and spacious living. Apartments in this area are designed with an upscale, low-density aesthetic, which is mirrored in their rental rates. For instance, one-bedroom units in newer buildings start around $2,700 per month, while two-bedroom apartments typically begin at $3,600. If you’re eyeing a three-bedroom penthouse, expect to pay anywhere from $15,700 to $18,300 per month – or even more.
These prices are significantly higher – about 100% to 125% more – than comparable new apartments in the Park Central corridor of North Dallas, where one-bedroom units start closer to $1,200. But the higher cost in Preston Hollow comes with added perks. Apartments here offer much larger floor plans, ranging from 786 square feet to over 3,370 square feet, far exceeding the size of typical urban apartments. Plus, renting in Preston Hollow provides access to one of Dallas’s most sought-after zip codes, home to high-profile residents like George W. Bush and Mark Cuban, without the financial commitment of homeownership in the area.
When compared to Uptown, Preston Hollow offers a completely different lifestyle. Uptown is known for its walkability and vibrant nightlife, while Preston Hollow emphasizes spacious layouts, a quieter atmosphere, and resort-style amenities. It’s a perfect choice for those who prioritize room to breathe over the hustle and bustle of city living.
Who Should Consider Preston Hollow Apartments
Preston Hollow’s modern apartment options are perfect for those who value a peaceful, upscale, and spacious living experience. Professionals and couples moving to North Dallas or near the Dallas North Tollway will appreciate the area’s refined, residential vibe and its reputation for elegance.
Certain lifestyles align particularly well with what Preston Hollow offers. For remote workers or anyone needing a home office, many of the newer developments feature layouts designed with flexibility and productivity in mind.
If you enjoy an active lifestyle, Preston Hollow won’t disappoint. With nearby green spaces like the Northaven Trail and Preston Hollow Park, there are plenty of opportunities for outdoor activities like hiking and biking. Plus, many of the newer apartment communities include wellness-focused amenities such as yoga studios, spin rooms, and even golf simulators.
For renters who prioritize spacious living and convenience, Preston Hollow checks all the boxes. The roomy floor plans are ideal for those downsizing from single-family homes, while the neighborhood’s proximity to Preston Hollow Village and Preston Center ensures easy access to dining, shopping, and other everyday essentials – all within a serene, residential setting.
Downsides of Living in Preston Hollow
While Preston Hollow offers a serene and upscale environment, it does come with a few drawbacks that can impact day-to-day convenience. For starters, the neighborhood isn’t built for strolling around. Instead of pedestrian-friendly streets, you’ll find retail centers surrounded by expansive parking lots. Unlike areas like Uptown or Turtle Creek, where you can easily walk to shops or restaurants, getting around Preston Hollow often means driving to specific spots, such as Preston Hollow Village.
This car dependency is a key consideration for anyone living here. The layout of the neighborhood makes owning a car almost a necessity, as walking or relying on public transit isn’t practical.
If you’re someone who enjoys vibrant nightlife or entertainment options close by, Preston Hollow might feel a bit too quiet. The area leans heavily into its tranquil, low-density charm, which means late-night dining, bars, or live music venues aren’t part of the immediate experience.
Housing options are another factor to keep in mind. Preston Hollow is known for its sprawling single-family estates and high-profile residents, leaving little room for large apartment complexes. New developments tend to be boutique-style properties with fewer units. For instance, Hanover Preston Hollow offers just 213 units.
Lastly, the neighborhood is still recovering from a 2019 tornado that damaged its mature tree canopy. While efforts to restore the greenery are ongoing, it’s a reminder of the challenges the area has faced.
Other Neighborhoods With New Apartments
Preston Hollow may set the bar high for luxurious living, but several nearby neighborhoods bring their own perks to the table. If you’re looking for new apartments, here are some areas worth considering.
North Dallas stands out with a wider variety of new construction options, often at more budget-friendly prices. Plus, its convenient access to I‑635 and US‑75 makes commuting to Richardson or Plano a breeze.
Turtle Creek, situated close to downtown and the Dallas Arts District, offers a sophisticated urban atmosphere. Here, you’ll find upscale dining, vibrant nightlife, and a touch of city charm.
Addison is a hotspot for entertainment and dining, especially along Belt Line Road. It strikes a balance between upscale living and more affordable pricing, making it an appealing choice for many.
In short, North Dallas offers affordability and easy commutes, Turtle Creek brings a lively urban vibe, and Addison is packed with dining and entertainment options – all great alternatives to Preston Hollow.
Conclusion
Preston Hollow continues to stand out as a prime destination for renters looking for upscale, modern apartments in Dallas as of 2026. Known for its peaceful, residential vibe, the neighborhood combines tranquility with easy access to major business hubs like the Dallas North Tollway and I-635. It’s an appealing choice for professionals who want a quieter lifestyle compared to the energetic atmosphere of Uptown.
Developments such as Hanover Preston Hollow highlight the area’s dedication to offering stylish, contemporary living spaces paired with resort-level amenities.
With its well-earned reputation for sophistication and spacious living, Preston Hollow remains a top pick for couples and relocation renters seeking a serene, exclusive community with all the comforts of refined residential living.
FAQs
What amenities can renters expect in new Preston Hollow apartments?
New apartments in Preston Hollow are crafted to deliver a resort-like lifestyle, blending comfort with convenience. Many complexes boast luxurious perks like sparkling pools with sundecks, cozy outdoor fireplaces, and beautifully landscaped courtyards – perfect for unwinding or gathering with friends. For those who prioritize fitness, the on-site gyms are typically open 24/7 and stocked with state-of-the-art equipment.
Step inside these apartments, and you’ll find premium finishes that elevate everyday living. Think granite or quartz countertops, stylish kitchens, and high-quality appliances. Some buildings go the extra mile with thoughtful touches like pet-friendly policies and niche features, including climate-controlled wine storage.
These offerings appeal to renters looking for a peaceful, upscale environment, making Preston Hollow a sought-after spot for professionals, couples, and newcomers to the area.
How does living in Preston Hollow compare to Uptown Dallas?
Preston Hollow provides a peaceful and upscale residential experience, perfect for those who value tranquility and spacious surroundings. The neighborhood is characterized by boutique-style apartment complexes with low population density. Plus, it offers convenient access to luxury shopping and dining at Preston Center. That said, it’s a more car-oriented area with fewer options for nightlife and less walkability.
On the other hand, Uptown Dallas delivers a lively, urban vibe. With its walkable streets and a wide selection of restaurants, bars, and entertainment venues, it’s a great choice for anyone who thrives on an active social scene and enjoys nightlife.
Bottom line: Opt for Preston Hollow if you’re seeking a quiet, suburban lifestyle with upscale perks. If you prefer a bustling, pedestrian-friendly atmosphere with plenty of dining and entertainment, Uptown is the way to go.
What are some challenges of living in Preston Hollow?
Living in Preston Hollow does come with some challenges. For one, rent prices here are on the higher side, which can make it tricky for those working with a tighter budget. Affordable housing options are also limited, narrowing the choices for many renters. While the neighborhood offers a peaceful, residential vibe, these factors might make it less attractive for those looking for more budget-friendly living arrangements.