
Cheap Apartments for Rent in the Diamond Valley Neighborhood of Prescott, AZ from $1,300 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Diamond Valley area of Prescott.


Winfield at the Ranch

Legacy at Prescott Lakes

5270-5280 Diamond Dr

Parke Place
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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.

Terraces at Glassford Hill

Homestead Talking Glass

The Crossings at Windsong

Sungate Villa

View Point Senior Community
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.
Diamond Valley, Prescott, AZ Local Guide

How much does it cost to rent an apartment in Diamond Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Diamond Valley Studio Apartments | $1,459 | $1,425 | $1,550 |
| Diamond Valley 1 Bedroom Apartments | $1,711 | $1,492 | $2,050 |
| Diamond Valley 2 Bedroom Apartments | $1,956 | $1,590 | $2,311 |
| Diamond Valley 3 Bedroom Apartments | $2,186 | $1,730 | $2,520 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 3 mile radius of the Diamond Valley Neighborhood of Prescott, AZ.
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Diamond Valley, Prescott, AZ Local Guide
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Cheapest Available Diamond Valley Apartments for Rent
 The cheapest available apartment rental in the Diamond Valley area of Prescott, AZ is a 1 Bed unit found at The View at Prescott Valley priced from $1,325. 2051 Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,425. Here are the most affordable Diamond Valley apartments for rent in Prescott, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The View at Prescott Valley | 1 Bedroom Queen – Q | 1BR,1BA | $1,325 |
| 2051 Apartments | Lynx | Studio,1BA | $1,425 |
| Terraces at Glassford Hill | Desert Willow | 1BR,1BA | $1,495 |
Best Value Apartments for Rent in Diamond Valley, AZ
As of January 15, 2026 the best value apartment in the Diamond Valley area is the $2.01 price per square foot Prickly Pear Model at Terraces at Glassford Hill in the in the Diamond Valley neighborhood starting from $1,690. The second greatest value Diamond Valley apartment is the A1R Model at Legacy at Prescott Lakes starting at $1,745 with a $2.35 price per square foot in the Diamond Valley neighborhood. Here is today’s list of the best values for Diamond Valley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Terraces at Glassford Hill | Prickly Pear | 1BR,1BA | $2.01 |
| Legacy at Prescott Lakes | A1R | 1BR,1BA | $2.35 |
| Winfield at the Ranch | 1 Bed | 1BR,1BA | $2.15 |
| The Crossings at Windsong | Lariat | 1BR,1BA | $2.49 |
| Homestead Talking Glass | Palomino | 1BR,1BA | $2.37 |
| Parke Place | Phoenix - Duplex Style | 1BR,1BA | $2.45 |
| Bungalows on Market Street | Cholla | 1BR,1BA | $2.55 |
| 2051 Apartments | Lynx | Studio ,1BA | $2.35 |
| The View at Prescott Valley | 1 Bedroom Queen – Q | 1BR,1BA | $3.31 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Best Local Schools in Diamond Valley, Prescott, AZ
School data provided by Great Schools
Frequently Asked Questions about Cheap Diamond Valley Apartments
What is the Cheapest Studio apartment in Diamond Valley?
Currently the most affordable Cheap Studio Apartment in Diamond Valley is at The View at Prescott Valley listed at $1,375.
How much is rent for a Cheap One Bedroom Diamond Valley Apartment?
The lowest price for a Cheap One Bedroom Diamond Valley Apartment is $1,325 at The View at Prescott Valley.
What is the lowest price for a Cheap Two Bedroom Diamond Valley Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Diamond Valley is starting from $1,590 at Homestead Talking Glass.
What is the most affordable Diamond Valley Three Bedroom Apartment?
The best deal on a cheap Diamond Valley Three Bedroom Apartment rental is at Terraces at Glassford Hill and starts from $1,730.
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

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!