
Cheap Apartments for Rent in Prescott, AZ from $700 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in Prescott.


459 W Merritt St

117 Cory Ave
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.

116 E Leroux St

145 S Penn Ave

129 N Pleasant St
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.

1494 Varsity Dr
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 | $1,489 | $1,095 | $1,820 |
Cheap Prescott 1 Bedroom Apartments | $1,947 | $1,100 | $4,500 |
Cheap Prescott 2 Bedroom Apartments | $2,249 | $1,165 | $4,950 |
Cheap Prescott 3 Bedroom Apartments | $2,886 | $1,865 | $8,970 |
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Prescott, AZ Local Guide
- Prescott Neighborhoods
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Cheapest Neighborhoods for Apartments in Prescott, AZ
Pricing Updated: 09/09/2025Current apartment rentals in the Prescott, AZ area range in price from $1,095 to $8,970 with an overall median price of $2,242. The three Prescott neighborhoods with the lowest median rent pricing are Diamond Valley at $1,095, Downtown Prescott at $1,100, and Forbing Park at $1,100. 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 |
---|---|---|---|
Diamond Valley | $2,170 | $1,095 | 78 |
Downtown Prescott | $2,200 | $1,100 | 30 |
Forbing Park | $2,200 | $1,100 | 33 |
Miller Valley | $2,200 | $1,100 | 25 |
Whiskey Row | $2,200 | $1,100 | 26 |
Wildwood Estates | $2,200 | $1,100 | 31 |
Tutt | $2,525 | $1,805 | 6 |
Cheapest Available Prescott Apartments for Rent
 The cheapest available apartment rental in Prescott, AZ is a 1 Bed unit found at Prescott View Apartments in the Forbing Park neighborhood priced from $1,350. Willow Creek Apartments in the Forbing Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,403. Here is today’s list of the most affordable Prescott apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Prescott View Apartments | 1x1 | 1BR,1BA | $1,350 |
Willow Creek Apartments | 1x1 | 1BR,1BA | $1,403 |
2051 Apartments | Lynx | Studio,1BA | $1,475 |
Terraces at Glassford Hill | Desert Willow | 1BR,1BA | $1,555 |
Prescott Lakes | Ironwood | 1BR,1BA | $1,715 |
Best Value Apartments for Rent in Prescott, AZ
As of September 09, 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 1x1 Model at Willow Creek Apartments starting at $1,403 with a $1.67 price per square foot in the Forbing Park 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 |
Willow Creek Apartments | 1x1 | 1BR,1BA | $1.67 |
Terraces at Glassford Hill | Prickly Pear | 1BR,1BA | $2.18 |
Legacy at Prescott Lakes | S1R | Studio ,1BA | $2.27 |
The Flats at Jasper | 1A | 1BR,1BA | $2.44 |
Havenly Prescott | Plan 1 | 1BR,1BA | $2.49 |
605 Flora St, Unit Apartment | 605 Flora St | 1BR,1BA | $2.29 |
Prescott View Apartments | 1x1 | 1BR,1BA | $2.20 |
558 Dameron Dr, Unit Apt B | 558 Dameron Dr | 1BR,1BA | $2.14 |
704 Hermosa Rd, Unit B | 704 Hermosa Rd | 1BR,1BA | $2.37 |
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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 2051 Apartments listed at $1,475.
How much is rent for a Cheap One Bedroom Prescott Apartment?
The lowest price for a Cheap One Bedroom Prescott Apartment is $1,350 at Prescott View 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 $1,685 at Terraces at Glassford Hill.
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 $1,865.
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.