
Cheap Apartments for Rent in the Downtown Prescott Neighborhood of Prescott, AZ from $700 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Prescott area of Prescott.


Total Monthly Price
435 Lincoln Ave, Unit B, Unit B

408 Madison Ave

410 Madison Ave

566 Lincoln Ave

202 Robinson Dr

606 S Montezuma St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Granite Creek Apartments

Total Monthly Price
605 Flora St, Unit Apartment, Unit Apartment

408 w hillside ave, Unit A-Right side, Unit A-Right side

623-629 Dameron Dr

Paramount of Prescott

335 Pioneer Dr

845 Sunset Ave
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.

109 N Pleasant St

1004 E Goodwin St

620 1st St

325 Gail Gardner Way

The View on Iron Springs

135 S Arizona Ave

422 S Marina St
Cash 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.

333 W Leroux St
Downtown Prescott, Prescott, AZ Local Guide

How much does it cost to rent an apartment in Downtown Prescott?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Prescott Studio Apartments | $1,400 | $1,400 | $1,400 |
| Downtown Prescott 1 Bedroom Apartments | $1,434 | $950 | $1,650 |
| Downtown Prescott 2 Bedroom Apartments | $1,916 | $1,200 | $3,789 |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the Downtown Prescott Neighborhood of Prescott, AZ.
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Downtown Prescott, Prescott, AZ Local Guide
- Nearby Prescott neighborhoods
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Cheapest Available Downtown Prescott Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Granite Creek Apartments | One Bedroom/One Bath Classic | 1BR,1BA | $1,450 |
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 ArticleReal 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.
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 Downtown Prescott, Prescott, AZ
Prescott Mile High Middle School
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Prescott Apartments
How much is rent for a Cheap One Bedroom Downtown Prescott Apartment?
The lowest price for a Cheap One Bedroom Downtown Prescott Apartment is $1,450 at Granite Creek Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Prescott Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Prescott is starting from $1,650 at Granite Creek Apartments.
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 Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.