Cheap Apartments for Rent in Prescott, AZ from $899 (58 Rentals)

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

property at 1317 E Gurley St
$1,113
Studio To 1 Bedroom Rentals
Available Now
Furnished

1317 E Gurley St

PrescottAZ86301

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property at 716 1st St
$1,244
2 Bedroom Rentals
Available Now
Affordability

716 1st St

PrescottAZ86301

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property at 131 Whipple Ext
$1,400 - $1,500
2 Bedroom Rentals
Available Now
Affordability

131 Whipple Ext

PrescottAZ86301
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604 N Bagby Dr, Unit A
$1,495

Total Monthly Price

Base Rent$1,495

Total Monthly Price$1,495
2 Bedroom Apartment Available Sep 25

604 N Bagby Dr, Unit A

604 N Bagby DrPrescott, AZ 86301
Affordability
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2051 Apartments
$1,500 - $2,050

Total Monthly Price

Base Rent$1,500 - $2,050

Total Monthly Price$1,500 - $2,050
Studio to 2 Bedroom Apartments Available Now

2051 Apartments

2057 Willow Lake RdPrescott, AZ 86301
Luxury
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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property at 1 Bar Heart Dr
$1,675 - $2,395
1 To 2 Bedroom Rentals
Available Now
Furnished

1 Bar Heart Dr

PrescottAZ86301
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Paramount of Prescott
Studio to 1 Bedroom Apartments

Paramount of Prescott

135 N Montezuma StPrescott, AZ 86301
  • Utilities Included
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625 Dameron St.
1 to 2 Bedroom Apartments

625 Dameron St.

623-629 Dameron DrPrescott, AZ 86301
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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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PM16-00317G: Cortez
Studio to 1 Bedroom Apartments

PM16-00317G: Cortez

320 S Cortez StPrescott, AZ 86303
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214 Madison Ave
1 Bedroom Apartments

214 Madison Ave

214 Madison AvePrescott, AZ 86301

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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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318 Marina
2 Bedroom Apartments

318 Marina

318 S Marina StPrescott, AZ 86303
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620 1st St
1 Bedroom Apartments

620 1st St

620 1st StPrescott, AZ 86301
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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Prescott, AZ Local Guide

Cheapest Neighborhoods for Apartments in Prescott, AZ

Pricing Updated: 09/22/2026

Current apartment rentals in the Prescott, AZ area range in price from $899 to $9,288 with an overall median price of $1,559. The three Prescott neighborhoods with the lowest median rent pricing are Miller Valley at $1,375, Wildwood Estates at $1,400, and Downtown Prescott at $1,450. 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$1,375$89916
Wildwood Estates$1,400$89928
Downtown Prescott$1,450$89939
Forbing Park$1,450$89948
Whiskey Row$1,450$89933
Diamond Valley$1,795$1,01978
Tutt$1,910$1,6756

Cheapest Available Prescott Apartments for Rent

 

The cheapest available apartment rental in Prescott, AZ is a Studio unit found at Prescott Woodlands Apartments in the Forbing Park neighborhood priced from $899. 625 Dameron St. in the Forbing Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here is today’s list of the most affordable Prescott apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Prescott Woodlands Apartments0 Beds, 1 BathsStudio, 1BA$899
625 Dameron St.2BR/1.0BA2BR, 1BA$995
1004 E Goodwin St2BR/1.0BA2BR, 1BA$1,175
PM16-00317G: Cortez0BR/1.0BAStudio, 1BA$1,190
214 Madison Ave1BR/1.0BA1BR, 1BA$1,250
The View at Prescott Valley1 Bedroom Queen – Q1BR, 1BA$1,325
5270-5280 Diamond Dr1 Beds, 1 Baths1BR, 1BA$1,344
Prescott View Apartments1x11BR, 1BA$1,350
The View on Iron Springs2BR/2.0BA2BR, 2BA$1,350
Willow Creek ApartmentsStudioStudio, 1BA$1,360

Best Value Apartments for Rent in Prescott, AZ

As of September 22, 2026 the best value apartment in the Prescott area is the $1.47 price per square foot 2BR/1.5BA Model at 318 Marina in the Forbing Park neighborhood starting from $1,495. The second greatest value Prescott apartment is the 221 S Alarcon St Model at 221 S Alarcon St, Unit 221 S. Alarcon Apt B in the Forbing Park neighborhood starting at $1,495 with a $1.50 price per square foot. 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.
318 Marina2BR/1.5BA2BR, 1.5BA$1.47
221 S Alarcon St, Unit 221 S. Alarcon Apt B221 S Alarcon St2BR, 1BA$1.50
The View on Iron Springs2BR/2.0BA2BR, 2BA$1.60
1004 E Goodwin St2BR/1.0BA2BR, 1BA$1.42
625 Dameron St.2BR/1.0BA2BR, 1BA$1.24
The Flats at Jasper1A1BR, 1BA$2.23
5270-5280 Diamond Dr1 Beds, 1 Baths1BR, 1BA$1.79
Terraces at Glassford HillDesert Willow1BR, 1BA$1.89
Willow Creek ApartmentsStudioStudio, 1BA$2.03
Prescott View Apartments1x11BR, 1BA$2.20

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Location, Location, Location!

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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 Prescott Woodlands Apartments listed at $899.

How much is rent for a Cheap One Bedroom Prescott Apartment?

The lowest price for a Cheap One Bedroom Prescott Apartment is $1,250 at 214 Madison Ave.

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 $995 at 625 Dameron 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 $1,722.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.