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$900 - $1,400Studio to 1 Bedroom Apartments Available Now
Paramount of Prescott
135 N Montezuma StPrescott, AZ 86301
Cheap Apartments for Rent in Prescott, AZ from $700 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Prescott.
335 Pioneer Dr
PrescottAZ86303
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211 N Washington Ave
PrescottAZ86301
351 S Marina St
PrescottAZ86303
117 Cory Ave
PrescottAZ86303
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.
1022 Gail Gardner Way
PrescottAZ86305
719 Division St
PrescottAZ86301
114 Bradshaw Dr
PrescottAZ86303
820 Bryce Canyon Cir
PrescottAZ86303
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1494 Varsity Dr
PrescottAZ86301
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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Prescott, AZ Local Guide
How much does it cost to rent an apartment in Prescott?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Prescott Studio Apartments | $1,468 | $1,095 | $1,587 |
| Cheap Prescott 1 Bedroom Apartments | $1,752 | $1,000 | $2,827 |
| Cheap Prescott 2 Bedroom Apartments | $2,054 | $1,295 | $3,175 |
| Cheap Prescott 3 Bedroom Apartments | $2,944 | $1,650 | $8,874 |
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Prescott, AZ Local Guide
- Prescott Neighborhoods
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Cheapest Neighborhoods for Apartments in Prescott, AZ
Pricing Updated: 10/27/2025Current apartment rentals in the Prescott, AZ area range in price from $1,000 to $2,900 with an overall median price of $2,147. The three Prescott neighborhoods with the lowest median rent pricing are Forbing Park at $1,000, Wildwood Estates at $1,000, and Diamond Valley at $1,095. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Prescott Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Forbing Park | $1,798 | $1,000 | 36 |
| Wildwood Estates | $2,006 | $1,000 | 35 |
| Diamond Valley | $2,115 | $1,095 | 73 |
| Downtown Prescott | $2,200 | $1,000 | 31 |
| Miller Valley | $2,200 | $1,100 | 26 |
| Whiskey Row | $2,200 | $1,100 | 26 |
| Tutt | $2,510 | $1,699 | 13 |
Cheapest Available Prescott Apartments for Rent
The cheapest available apartment rental in Prescott, AZ is a 1 Bed unit found at Paramount of Prescott in the Forbing Park neighborhood priced from $1,100. Willow Creek Apartments in the Forbing Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,425. Here is today’s list of the most affordable Prescott apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Paramount of Prescott | 1 Bed | 1BR,1BA | $1,100 |
| Willow Creek Apartments | Studio | Studio,1BA | $1,425 |
| Prescott Lakes | Ironwood | 1BR,1BA | $1,450 |
| Prescott View Apartments | 1x1 | 1BR,1BA | $1,475 |
| 2051 Apartments | Lynx | Studio,1BA | $1,500 |
Best Value Apartments for Rent in Prescott, AZ
As of October 27, 2025 the best value apartment in the Prescott area is the $2.15 price per square foot 2 bedroom 2 bathroom Model at 836 Valley St in the in the Forbing Park neighborhood starting from $2,200. The second greatest value Prescott apartment is the Plan 9 Model at Havenly Prescott starting at $2,230 with a $2.62 price per square foot in the Tutt neighborhood. Here is today’s list of the best values for Prescott apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 836 Valley St | 2 bedroom 2 bathroom | 2BR,2BA | $2.15 |
| Havenly Prescott | Plan 9 | 1BR,1BA | $2.62 |
| Terraces at Glassford Hill | Prickly Pear | 1BR,1BA | $2.07 |
| The Flats at Jasper | 1A | 1BR,1BA | $2.12 |
| 1245 Stetson Rd, Unit 1 | 1245 Stetson Rd | 2BR,1BA | $2.00 |
| 134 N Willow St, Unit 1 | 134 N Willow St | 2BR,1BA | $2.13 |
| Legacy at Prescott Lakes | A1R | 1BR,1BA | $2.35 |
| Willow Creek Apartments | Studio | Studio ,1BA | $2.12 |
| Prescott View Apartments | 1x1 | 1BR,1BA | $2.40 |
| 2051 Apartments | Lynx | Studio ,1BA | $2.50 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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.
Read ArticleThe 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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Best Local Schools in Prescott, AZ
School data provided by Great Schools
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Getting Around Prescott, AZ
Walk Score®
44 / 100
Car-Dependent
Most errands require a car
Bike Score®
35 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Willow Creek Apartments listed at $1,425.
How much is rent for a Cheap One Bedroom Prescott Apartment?
The lowest price for a Cheap One Bedroom Prescott Apartment is $1,100 at Paramount of Prescott.
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 $1,650 at Prescott View Apartments.
What is the most affordable Prescott Three Bedroom Apartment?
The best deal on a cheap Prescott Three Bedroom Apartment rental is at Terraces at Glassford Hill and starts from $1,783.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.