Cheap Apartments for Rent in Prescott, AR from $400 (47 Rentals)

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

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Ouachita Commons
Studio to 1 Bedroom Apartments

Ouachita Commons

150 Valley StCaddo Valley, AR 71923
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Woodbridge
1 to 3 Bedroom Apartments

Woodbridge

502 Belt RdTexarkana, TX 75501
  • Utilities Included
property at 1402 Phillips St

$675

Total Monthly Price

Total Monthly Price

Base Rent
$645
Required Monthly Fees
$30
Total Monthly Price
$675

2 Bedroom, 1 Bath Home for Rent

Available Now

1402 Phillips St

ArkadelphiaAR71923
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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
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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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Peaks at Hot Springs
1 to 3 Bedroom Apartments

Peaks at Hot Springs

431 Lake Hamilton DrHot Springs National Park, AR 71913
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-47, 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 1 Bed unit found at Aspen Villa priced from $675. The Links at Texarkana has the second lowest priced unit, which is a 1 Bed apartment currently listed from $680. Here is today’s list of the most affordable Prescott apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Aspen Villa1BD 1BA1BR,1BA$675
The Links at TexarkanaStandard1BR,1BA$680
Sedona Hills1bed1BR,1BA$695
Chapel Ridge of Texarkana1 Bedroom Apartment Home - Income Restricted1BR,1BA$710
OrleansApts 1BR/1BA1BR,1BA$725
Magnolia Garden1/11BR,1BA$729
Patriot ApartmentsPremium 1/11BR,1BA$735
Summerhill Woods ApartmentsStudioStudio,1BA$770
Gran Creûx Estate3BR 1.5BA3BR,1BA$795
Jefferson Terrace Apartments2 Beds, 1 bath2BR,1BA$800

Best Value Apartments for Rent in Prescott, AR and Nearby

As of April 07, 2026 the best value apartment in the Prescott area is the $1.06 price per square foot 3 BR Model at Lakeridge Villas in the starting from $1,795. The second greatest value Prescott apartment is the 3Bed2Bath Model at Earl’s Point Condominiums starting at $1,325 with a $0.91 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.
Lakeridge Villas3 BR3BR,2BA$1.06
Earl’s Point Condominiums3Bed2Bath3BR,2BA$0.91
The Pointe! at Hot SpringsTwo Bedroom2BR,2BA$1.11
The Pointe at TexarkanaPhase 2- 2/22BR,2BA$0.93
Westridge Apartments2 Bed 2 Bath2BR,2BA$1.08
Chapel Ridge of Hot Springs2/22BR,2BA$1.04
Pines at Richmond2bed 1 bath2BR,1BA$0.89
Jefferson Terrace Apartments2 Beds, 1 bath2BR,1BA$0.90
911 Pecorella St E2 Bed / 2 Bath2BR,2BA$1.06
Sedona Hills1bed W/D Connections1BR,1BA$1.07

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

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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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 Summerhill Woods Apartments listed at $770.

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

The lowest price for a Cheap One Bedroom Prescott Apartment is $675 at Aspen Villa.

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 $775 at The Links at Texarkana.

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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.