128 Grove Ave
PrescottAZ86301
Cheap Apartments for Rent in Prescott, AZ from $700 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Prescott.
5270 Diamond Dr
PrescottAZ86301
314 S Virginia St
PrescottAZ86303
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from $1,2251 Bedroom Apartments Available Jul 1
Paramount of Prescott
135 N Montezuma StPrescott, AZ 86301
459 W Merritt St
PrescottAZ86301
117 Cory Ave
PrescottAZ86303
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.
125 N Alarcon St
PrescottAZ86301
212 W Hillside Ave
PrescottAZ86301
129 N Pleasant St
PrescottAZ86301
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1494 Varsity Dr
PrescottAZ86301
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.
329 Pioneer Dr
PrescottAZ86303
3069 Smokey Rd
PrescottAZ86301
743 S Montezuma St
PrescottAZ86303
852 Ruth St
PrescottAZ86301
231 N Alarcon St
PrescottAZ86301
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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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Prescott, AZ Local Guide
Willow Lake by Scottb211 is licensed under CC BY 2.0
How much does it cost to rent an apartment in Prescott?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Prescott Studio Apartments | $1,612 | $1,115 | $1,810 |
| Cheap Prescott 1 Bedroom Apartments | $1,865 | $950 | $2,832 |
| Cheap Prescott 2 Bedroom Apartments | $2,210 | $1,125 | $3,532 |
| Cheap Prescott 3 Bedroom Apartments | $2,422 | $2,068 | $2,830 |
Browse Top Apartments in Prescott
See all Apartments in PrescottExplore Prescott
Prescott, AZ Local Guide
- Prescott Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Prescott, AZ
Pricing Updated: 06/27/2025Current apartment rentals in the Prescott, AZ area range in price from $1,115 to $4,025 with an overall median price of $2,260. The three Prescott neighborhoods with the lowest median rent pricing are Downtown Prescott at $1,125, Forbing Park at $1,125, and Miller Valley at $1,125. 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 |
|---|---|---|---|
| Downtown Prescott | $2,200 | $1,125 | 20 |
| Forbing Park | $2,200 | $1,125 | 19 |
| Miller Valley | $2,200 | $1,125 | 19 |
| Whiskey Row | $2,200 | $1,125 | 19 |
| Wildwood Estates | $2,200 | $1,125 | 19 |
| Diamond Valley | $2,275 | $1,115 | 85 |
| Tutt | $2,545 | $1,805 | 3 |
Cheapest Available Prescott Apartments for Rent
The cheapest available apartment rental in Prescott, AZ is a 2 Beds unit found at 1004 E Goodwin St in the Forbing Park neighborhood priced from $1,395. Terraces at Glassford Hill in the Diamond Valley neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,515. Here is today’s list of the most affordable Prescott apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1004 E Goodwin St | 2BR/1.0BA | 2BR,1BA | $1,395 |
| Terraces at Glassford Hill | Prickly Pear | 1BR,1BA | $1,515 |
| Prescott Lakes | Ironwood | 1BR,1BA | $1,585 |
| 2051 Apartments | Lynx | Studio,1BA | $1,625 |
| Winfield at the Ranch | 1 Bed | 1BR,1BA | $1,799 |
Best Value Apartments for Rent in Prescott, AZ
As of June 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 B3R Model at Legacy at Prescott Lakes starting at $2,035 with a $2.02 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 836 Valley St | 2 bedroom 2 bathroom | 2BR,2BA | $2.15 |
| Legacy at Prescott Lakes | B3R | 2BR,2BA | $2.02 |
| 1004 E Goodwin St | 2BR/1.0BA | 2BR,1BA | $1.74 |
| The Flats at Jasper | 1A | 1BR,1BA | $2.50 |
| Terraces at Glassford Hill | Desert Willow | 1BR,1BA | $2.04 |
| Havenly Prescott | Plan 1 | 1BR,1BA | $2.49 |
| Winfield at the Ranch | 1 Bed | 1BR,1BA | $2.50 |
| 2051 Apartments | Lynx | Studio ,1BA | $2.71 |
| Prescott Lakes | Ironwood | 1BR,1BA | $3.23 |
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Best Local Schools in Prescott, AZ
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Prescott, AZ Apartments MapPrescott, AZ Rental Homes MapGetting 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 $1,625.
How much is rent for a Cheap One Bedroom Prescott Apartment?
The lowest price for a Cheap One Bedroom Prescott Apartment is $1,515 at Terraces at Glassford Hill.
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 $1,395 at 1004 E Goodwin St.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
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.
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.
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.