Cheap Apartments for Rent in Prescott, AR from $300 (16 Rentals)

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

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.

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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The Peaks at Hope
1 to 3 Bedroom Apartments

The Peaks at Hope

2206 Bill Clinton DrHope, AR 71801

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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Ouachita Commons
Studio Apartments

Ouachita Commons

150 Valley StCaddo Valley, AR 71923
  • Utilities Included
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Lofts at the Grim
Studio to 2 Bedroom Apartments

Lofts at the Grim

301 N State Line AveTexarkana, TX 75501
  • Utilities Included

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 Westlawn Apartments priced from $525. Railway Commons has the second lowest priced unit, which is a Studio apartment currently listed from $545. Here is today’s list of the most affordable Prescott apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Westlawn Apartments1 Bedroom 1 Bathroom1BR,1BA$525
Railway CommonsStudioStudio,1BA$545
Gran Creûx Estate1BR 1BA1BR,1BA$550
ArTex CommonsStudioStudio,1BA$600
Parkside Apartments of Texarkana1 Bed, 1 Bath Standard1BR,1BA$629

Best Value Apartments for Rent in Prescott, AR and Nearby

As of June 11, 2025 the best value apartment in the Prescott area is the $1.00 price per square foot 3Bed2Bath Model at 1203 Marion Anderson Rd in the starting from $1,500. The second greatest value Prescott apartment is the 3/2 Model at Woodbridge starting at $870 with a $0.87 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.
1203 Marion Anderson Rd3Bed2Bath3BR,2BA$1.00
Woodbridge3/23BR,2BA$0.87
Beacon Point ApartmentsDeluxe 2 Bedroom Apartment Home2BR,2BA$1.07
Sedona Hills2bed 2 bath2BR,2BA$0.89
The Pointe! at Hot SpringsOne Bedroom1BR,1BA$1.10
Magnolia Garden2/12BR,1BA$1.13
Dwell at the Arbor1 Bed 1 Bath1BR,1BA$1.13
Chapel Ridge of Texarkana1 Bedroom Apartment Home - Income Restricted1BR,1BA$1.04
Parkside Apartments of Texarkana1 Bed, 1 Bath Standard1BR,1BA$0.97
Westlawn Apartments1 Bedroom 1 Bathroom1BR,1BA$1.09

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

Explore Prescott, AR Rentals by Map

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Getting Around Prescott, AR

Walk Score®

12 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

27 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Prescott Apartments

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

The lowest price for a Cheap One Bedroom Prescott Apartment is $525 at Westlawn Apartments.

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 $685 at Gran Creûx Estate.

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

Helpful Apartment Articles, How-To's and Tips

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.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.