Cheap Apartments for Rent near Prescott, AR from $475 (48 Rentals)

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Search the lowest-cost Apartments available for rent right now in Prescott.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Ouachita Commons
Studio to 1 Bedroom Apartments

Ouachita Commons

150 Valley StCaddo Valley, AR 71923
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Woodbridge
1 to 3 Bedroom Apartments

Woodbridge

502 Belt RdTexarkana, TX 75501
  • Utilities Included
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Sedona Hills
1 to 3 Bedroom Apartments

Sedona Hills

4615 Summerhill RdTexarkana, TX 75503
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Pineview
1 to 3 Bedroom Apartments

Pineview

2000 E 24th StTexarkana, AR 71854
  • Utilities Included
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Orleans
1 to 3 Bedroom Apartments

Orleans

2400 E 24th StTexarkana, AR 71854
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Magnolia Garden
1 to 3 Bedroom Apartments

Magnolia Garden

3801 Magnolia StTexarkana, TX 75503
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The Peaks at Hope
1 to 3 Bedroom Apartments

The Peaks at Hope

2206 Bill Clinton DrHope, AR 71801
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Sandalwood
2 to 3 Bedroom Apartments

Sandalwood

300 Babb LnTexarkana, TX 75501
  • Utilities Included
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Peaks at Hot Springs
1 to 3 Bedroom Apartments

Peaks at Hot Springs

431 Lake Hamilton DrHot Springs National Park, AR 71913
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911 Pecorella St E
2 Bedroom Apartments

911 Pecorella St E

911 Pecorella St ETexarkana, AR 71854
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Showing Results 1-48, Page 1 of 1

Prescott, AR Local Guide

Cheapest Available Prescott Apartments for Rent and Nearby

 

The cheapest available apartment rental in Prescott, AR is a Studio unit found at The Dels Magnolia priced from $475. The Dels Hope has the second lowest priced unit, which is a Studio apartment currently listed from $525. Here is today’s list of the most affordable Prescott apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Dels MagnoliaStudio, 1 bathStudio,1BA$475
The Dels HopeStudioStudio,1BA$525
Gran Creûx EstateSTUDIOStudio,1BA$550
ArTex CommonsStudioStudio,1BA$600
Sedona Hills2bed Upgrade2BR,1BA$680
The Links at TexarkanaClassic1BR,1BA$695
Aspen Villa1BD 1BA1BR,1BA$695
OrleansApts 1BR/1BA1BR,1BA$725
700 S 11th St700 S 11th Street2BR,1BA$725
Patriot ApartmentsPremium Classic 1/11BR,1BA$755

Best Value Apartments for Rent in Prescott, AR and Nearby

As of August 27, 2026 the best value apartment in the Prescott area is the $0.91 price per square foot 3Bed2Bath Model at Earl’s Point Condominiums in the starting from $1,325. The second greatest value Prescott apartment is the 3BD 2BTH Model at Preston Apartments starting at $950 with a $0.81 price per square foot . Here is today’s list of the best values for Prescott apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Earl’s Point Condominiums3Bed2Bath3BR,2BA$0.91
Preston Apartments3BD 2BTH3BR,2BA$0.81
The Pointe at TexarkanaPhase 1- 2/22BR,2BA$0.94
700 S 11th St700 S 11th Street2BR,1.5BA$0.69
Beacon Point Apartments2 Bedroom 2 Bathroom2BR,2BA$1.02
Chapel Ridge of Hot Springs2/22BR,2BA$1.04
Pines at Richmond2bed 1 bath2BR,1BA$0.89
Chapel Ridge of Texarkana2 Bed (B) 60%2BR,2BA$0.98
Jefferson Terrace Apartments2 Beds, 1 bath2BR,1BA$1.01
The Dels HopeStudioStudio ,1BA$0.81

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Prescott, AR Rentals by Map

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See the most popular apartments and homes in Prescott, AR

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Frequently Asked Questions about Cheap Prescott Apartments

What is the Cheapest Studio apartment in Prescott?

Currently the most affordable Cheap Studio Apartment in Prescott is at The Dels Magnolia listed at $475.

How much is rent for a Cheap One Bedroom Prescott Apartment?

The lowest price for a Cheap One Bedroom Prescott Apartment is $650 at Gran Creûx Estate.

What is the lowest price for a Cheap Two Bedroom Prescott Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Prescott is starting from $680 at Sedona Hills.

What is the most affordable Prescott Three Bedroom Apartment?

The best deal on a cheap Prescott Three Bedroom Apartment rental is at Gran Creûx Estate and starts from $795.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.