
Cheap Homes for Rent in Diamond Valley Neighborhood of Prescott, AZ from $900 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Diamond Valley area of Prescott.


5484 E Sapphire Dr

6749 E Devon Ct
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.

3538 Valencia Way

1979 N Quartz Dr

4932 Summit Cir
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.

7559 E Cocopah Dr
Diamond Valley, Prescott, AZ Local Guide

How much does it cost to rent a home in Diamond Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Diamond Valley 2 Bedroom Homes for Rent | $2,250 | $2,000 | $2,500 |
| Diamond Valley 3 Bedroom Homes for Rent | $2,608 | $900 | $3,500 |
| Diamond Valley 4 Bedroom Homes for Rent | $5,500 | $5,500 | $5,500 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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 $1,399. 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 | $1,399 |
| Bungalows on Market Street | Cholla | 1BR,1BA | $1,437 |
Best Value Apartments for Rent in Diamond Valley, AZ
As of March 23, 2026 the best value apartment in the Diamond Valley area is the $2.10 price per square foot Desert Willow Model at Terraces at Glassford Hill in the in the Diamond Valley neighborhood starting from $1,570. The second greatest value Diamond Valley apartment is the A1 Model at Legacy at Prescott Lakes starting at $1,689 with a $2.27 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 | Desert Willow | 1BR,1BA | $2.10 |
| Legacy at Prescott Lakes | A1 | 1BR,1BA | $2.27 |
| Homestead Talking Glass | Buckskin | 1BR,1BA | $2.40 |
| The Crossings at Windsong | Bridle- Open One Bedroom + Den | 1BR,1BA | $2.24 |
| Parke Place | Phoenix - Duplex Style | 1BR,1BA | $2.41 |
| Bungalows on Market Street | Cholla | 1BR,1BA | $2.13 |
| 2051 Apartments | Lynx | Studio ,1BA | $2.31 |
| The View at Prescott Valley | 1 Bedroom King Chair – KC | 1BR,1BA | $3.31 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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
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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Diamond Valley, Prescott, AZ
School data provided by Great Schools
Frequently Asked Questions about Diamond Valley
What type of rentals are currently available in Diamond Valley?
There are currently 17 Apartments for Rent in Diamond Valley, AZ with pricing that ranges from $1,425 to $2,605. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Diamond Valley ranging from $900 to $5,500.
What is the current price range for Rental Homes in Diamond Valley?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Diamond Valley ranges from $900 to $5,500 with an average monthly rent of $3,452.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.