Cheap Apartments for Rent in the Diamond Valley Neighborhood of Prescott, AZ from $1,200 (19 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Diamond Valley area of Prescott.

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

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-19, Page 1 of 1

Diamond Valley, Prescott, AZ Local Guide

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. 5270-5280 Diamond Dr has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,344. Here are the most affordable Diamond Valley apartments for rent in Prescott, AZ:

Apartment ListingModel NameBed/BathPriced From
The View at Prescott Valley1 Bedroom Queen – Q1BR,1BA$1,325
5270-5280 Diamond Dr1 Beds, 1 Baths1BR,1BA$1,344
Terraces at Glassford HillDesert Willow1BR,1BA$1,450
Homestead Talking GlassPalomino1BR,1BA$1,485
The Crossings at WindsongSaddleStudio,1BA$1,488

Best Value Apartments for Rent in Diamond Valley, AZ

As of July 24, 2026 the best value apartment in the Diamond Valley area is the $1.82 price per square foot 2 Bed Model at Winfield at the Ranch in the in the Diamond Valley neighborhood starting from $1,949. The second greatest value Diamond Valley apartment is the B2R Model at Legacy at Prescott Lakes starting at $2,034 with a $2.23 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Winfield at the Ranch2 Bed2BR,2BA$1.82
Legacy at Prescott LakesB2R2BR,2BA$2.23
5270-5280 Diamond Dr1 Beds, 1 Baths1BR,1BA$1.79
Terraces at Glassford HillDesert Willow1BR,1BA$1.94
Homestead Talking GlassPalomino1BR,1BA$2.16
Parke PlacePhoenix - Duplex Style1BR,1BA$2.22
Bungalows on Market StreetCholla1BR,1BA$2.33
2051 ApartmentsLynxStudio ,1BA$2.50
The View at Prescott Valley1 Bedroom Queen – Q1BR,1BA$3.31
The Crossings at WindsongSaddleStudio ,1BA$4.17

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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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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Diamond Valley, Prescott, AZ

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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 $1,560 at Terraces at Glassford Hill.

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 $1,797.

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.