The visitors had won their last six games to storm to the top of the Championship, but they were held by the Millers, with former North End man Jordan Hugill netting for the home side.
Liam Lindsay ensured Preston left with a point with an equaliser on the stroke of half-time.
Lowe said: “It’s a fantastic point for us.
“We know coming here was always going to be tough. We would have loved three points, of course, but we say if you can’t win it, don’t lose it.
“We thought we opened them up quite a bit to get the winner, but it wasn’t to be. We were disappointed to concede, but it’s a great goal from Jordan. Credit where it’s due.
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