6272 Barn Owl Ave
PrescottAZ86305
Cheap Apartments for Rent in Prescott, AZ from $700 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Prescott.
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Rent Specials
$998 - $1,5381 to 2 Bedroom Apartments Available Now
Willow Ridge Apartments
1205 Sandretto DrPrescott, AZ 86305
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$1,1252 Bedroom Apartment Available Now
555 Dameron Dr, Unit 3
555 Dameron DrPrescott, AZ 86301
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.
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Rent Specials
$1,295 - $2,0751 to 2 Bedroom Apartments Available Now
Prescott Lakes
2105 Blooming Hills DrPrescott, AZ 86301
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Rent Specials
$1,344 - $1,962Studio to 2 Bedroom Apartments Available Now
Willow Creek Apartments
3147 Willow Creek RdPrescott, AZ 86301
564 Lincoln Ave
PrescottAZ86301
812 Coronado Ave
PrescottAZ86303
521 Copper Basin Rd
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.
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1 to 2 Bedroom Apartments
623-629 Dameron Dr
623-629 Dameron DrPrescott, AZ 86301
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Studio to 1 Bedroom Apartments
Paramount of Prescott
135 N Montezuma StPrescott, AZ 86301
1494 Varsity Dr
PrescottAZ86301
818 W Rosser St
PrescottAZ86301
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2 Bedroom Apartments
1004 E Goodwin St
1004 E Goodwin StPrescott, AZ 86303
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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2 to 3 Bedroom Apartments
The Pines at Prescott
1053 Sandretto DrPrescott, AZ 86305
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Studio to 1 Bedroom Apartments
The View at Prescott Valley
2601 N Crownpointe DrPrescott Valley, AZ 86314
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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 | $1,464 | $1,375 | $1,550 |
| Cheap Prescott 1 Bedroom Apartments | $1,717 | $998 | $2,695 |
| Cheap Prescott 2 Bedroom Apartments | $2,111 | $1,125 | $3,903 |
| Cheap Prescott 3 Bedroom Apartments | $2,312 | $1,600 | $4,691 |
Browse Top Apartments in Prescott
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Prescott, AZ Local Guide
- Prescott Neighborhoods
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Cheapest Neighborhoods for Apartments in Prescott, AZ
Pricing Updated: 02/01/2026Current apartment rentals in the Prescott, AZ area range in price from $998 to $9,000 with an overall median price of $7,109. The three Prescott neighborhoods with the lowest median rent pricing are Diamond Valley at $1,425, Tutt at $1,699, and Downtown Prescott 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 |
|---|---|---|---|
| Diamond Valley | $2,240 | $1,425 | 81 |
| Tutt | $2,525 | $1,699 | 14 |
| Downtown Prescott | $9,000 | $1,125 | 40 |
| Forbing Park | $9,000 | $998 | 49 |
| Miller Valley | $9,000 | $1,125 | 32 |
| Whiskey Row | $9,000 | $1,125 | 38 |
| Wildwood Estates | $9,000 | $998 | 43 |
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. Prescott Lakes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,295. Here is today’s list of the most affordable Prescott apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Willow Ridge Apartments | Private Room/Private Bath | 1BR,1BA | $998 |
| Prescott Lakes | Ironwood | 1BR,1BA | $1,295 |
| Willow Creek Apartments | 1x1 | 1BR,1BA | $1,344 |
| The View at Prescott Valley | Studio Queen – Bradshaw 2 Chairs – QCH | Studio,1BA | $1,375 |
| 1004 E Goodwin St | 2BR/1.0BA | 2BR,1BA | $1,395 |
Best Value Apartments for Rent in Prescott, AZ
As of February 02, 2026 the best value apartment in the Prescott area is the $1.73 price per square foot 2 Bed Model at Winfield at the Ranch in the in the Diamond Valley neighborhood starting from $1,849. The second greatest value Prescott apartment is the 2 bedroom 2 bathroom Model at 836 Valley St starting at $2,200 with a $2.15 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. |
|---|---|---|---|
| Winfield at the Ranch | 2 Bed | 2BR,2BA | $1.73 |
| 836 Valley St | 2 bedroom 2 bathroom | 2BR,2BA | $2.15 |
| 858 Valley St | 2 Bedroom | 2BR,2BA | $1.97 |
| Willow Creek Apartments | 1x1 | 1BR,1BA | $1.60 |
| 1004 E Goodwin St | 2BR/1.0BA | 2BR,1BA | $1.68 |
| The Flats at Jasper | 1A | 1BR,1BA | $2.26 |
| Terraces at Glassford Hill | Desert Willow | 1BR,1BA | $2.08 |
| Legacy at Prescott Lakes | A1R | 1BR,1BA | $2.35 |
| 555 Dameron Dr, Unit 3 | 555 Dameron Dr | 2BR,1BA | $1.56 |
| Willow Ridge Apartments | 1BR/1BA | 1BR,1BA | $1.83 |
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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The 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.
Read ArticleCash 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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Best Local Schools in Prescott, AZ
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Frequently Asked Questions about Cheap Prescott Apartments
What is a cheap apartment in Prescott?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Prescott is under $1,550.
What is the price of a cheap apartment in Prescott?
The cheapest apartment in Prescott is Willow Ridge Apartments which is listed at $998, while the average apartment in Prescott costs $7,109.
What types of apartments are the cheapest in Prescott?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 24 regular apartments in Prescott that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Prescott?
Cheap apartments in Prescott have an average cost of $600 which is $6,509 cheaper than the average rent for all rentals in Prescott.
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
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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.