Cheap Apartments for Rent in Prescott, AZ from $700 (49 Rentals)

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

property at 716 1st St

$1,244

2 Bedroom Rentals

Available Now

716 1st St

PrescottAZ86301

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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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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property at 701 Campbell St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

2 Bedroom, 1 Bath Townhome for Rent

Available Now

701 Campbell St, Unit C

701 Campbell St
PrescottAZ86301
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623-629 Dameron Dr
1 to 2 Bedroom Apartments

623-629 Dameron Dr

623-629 Dameron DrPrescott, AZ 86301
  • Utilities Included
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Paramount of Prescott
Studio to 1 Bedroom Apartments

Paramount of Prescott

135 N Montezuma StPrescott, AZ 86301
  • Utilities Included

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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1004 E Goodwin St
2 Bedroom Apartments

1004 E Goodwin St

1004 E Goodwin StPrescott, AZ 86303
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The Pines at Prescott
2 to 3 Bedroom Apartments

The Pines at Prescott

1053 Sandretto DrPrescott, AZ 86305
  • Utilities Included
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620 1st St
1 Bedroom Apartments

620 1st St

620 1st StPrescott, AZ 86301
  • Utilities Included

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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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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Showing Results 1-49, Page 1 of 1

Prescott, AZ Local Guide

Cheapest Neighborhoods for Apartments in Prescott, AZ

Pricing Updated: 06/21/2026

Current apartment rentals in the Prescott, AZ area range in price from $894 to $6,814 with an overall median price of $2,530. The three Prescott neighborhoods with the lowest median rent pricing are Miller Valley at $950, Whiskey Row at $950, and Forbing Park at $950. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Prescott Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Miller Valley$1,272$9506
Whiskey Row$1,650$95016
Forbing Park$1,675$95022
Wildwood Estates$1,675$95012
Diamond Valley$2,080$89472
Tutt$2,545$1,19511
Downtown Prescott$6,814$95017

Cheapest Available Prescott Apartments for Rent

 

The cheapest available apartment rental in Prescott, AZ is a 1 Bed unit found at Willow Ridge Apartments in the Forbing Park neighborhood priced from $998. 1004 E Goodwin St in the Forbing Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,340. Here is today’s list of the most affordable Prescott apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Willow Ridge ApartmentsPrivate Room/Private Bath1BR,1BA$998
1004 E Goodwin St2BR/1.0BA2BR,1BA$1,340
Willow Creek ApartmentsStudioStudio,1BA$1,425
Granite Creek ApartmentsOne Bedroom/One Bath Classic1BR,1BA$1,450
2051 ApartmentsLynxStudio,1BA$1,475
Terraces at Glassford HillPrickly Pear1BR,1BA$1,510
Winfield at the Ranch1 Bed1BR,1BA$1,675
Havenly PrescottPlan 11BR,1BA$1,695
Legacy at Prescott LakesA1R1BR,1BA$1,789

Best Value Apartments for Rent in Prescott, AZ

As of June 21, 2026 the best value apartment in the Prescott area is the $2.40 price per square foot Plan 9 Model at Havenly Prescott in the in the Tutt neighborhood starting from $2,049. The second greatest value Prescott apartment is the Prickly Pear Model at Terraces at Glassford Hill starting at $1,510 with a $1.80 price per square foot in the Diamond Valley neighborhood. 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.
Havenly PrescottPlan 91BR,1BA$2.40
Terraces at Glassford HillPrickly Pear1BR,1BA$1.80
1004 E Goodwin St2BR/1.0BA2BR,1BA$1.61
Legacy at Prescott LakesA1R1BR,1BA$2.41
Winfield at the Ranch1 Bed1BR,1BA$2.33
Bungalows on Market StreetCholla1BR,1BA$2.71
Willow Ridge Apartments1BR/1BA1BR,1BA$1.98
Willow Creek ApartmentsStudioStudio ,1BA$2.12
Granite Creek ApartmentsOne Bedroom/One Bath Renovated1BR,1BA$2.71
2051 ApartmentsLynxStudio ,1BA$2.46

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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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 $998 at Willow Ridge 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 $1,340 at 1004 E Goodwin St.

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 $1,782.

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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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.