
Cheap Homes for Rent in the Downtown Prescott Neighborhood of Prescott, AZ from $600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Prescott area of Prescott.


1317 E Gurley St, Unit 302

1317 E Gurley St, Unit 303

1317 E Gurley St, Unit 304

1317 E Gurley St, Unit 150
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.

Charming 2 bedrooms 1-bathroom in Prescott

802 2nd St, Unit 1

1230 Stetson Rd

519 Copper Basin Rd

339 Rim Rock Cir
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.
Downtown Prescott, Prescott, AZ Local Guide

How much does it cost to rent a home in Downtown Prescott?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Prescott 2 Bedroom Homes for Rent | $1,979 | $1,200 | $2,840 |
| Downtown Prescott 3 Bedroom Homes for Rent | $3,069 | $1,695 | $5,500 |
| Downtown Prescott 4 Bedroom Homes for Rent | $2,533 | $2,400 | $2,700 |
| Downtown Prescott 5 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Browse Homes for Rent in this Neighborhood
There are currently 10 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
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Cheapest Available Downtown Prescott Apartments for Rent
 The cheapest available apartment rental in the Downtown Prescott area of Prescott, AZ is a 1 Bed unit found at Prescott Woodlands Apartments priced from $1,175. 1004 E Goodwin St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,425. Here are the most affordable Downtown Prescott apartments for rent in Prescott, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Prescott Woodlands Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,175 |
| 1004 E Goodwin St | 2BR/1.0BA | 2BR,1BA | $1,425 |
| Granite Creek Apartments | One Bedroom/One Bath Classic | 1BR,1BA | $1,450 |
Best Value Apartments for Rent in Downtown Prescott, AZ
As of July 26, 2026 the best value apartment in the Downtown Prescott area is the $1.72 price per square foot 2BR/1.0BA Model at 1004 E Goodwin St in the in the Forbing Park neighborhood starting from $1,425. The second greatest value Downtown Prescott apartment is the One Bedroom/One Bath Renovated Model at Granite Creek Apartments starting at $1,650 with a $2.71 price per square foot in the Forbing Park neighborhood. Here is today’s list of the best values for Downtown Prescott apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1004 E Goodwin St | 2BR/1.0BA | 2BR,1BA | $1.72 |
| Granite Creek Apartments | One Bedroom/One Bath Renovated | 1BR,1BA | $2.71 |
| Prescott Woodlands Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1.96 |
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 Downtown Prescott
What type of rentals are currently available in Downtown Prescott?
There are currently 70 Apartments for Rent in Downtown Prescott, AZ with pricing that ranges from $950 to $9,597. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Prescott ranging from $600 to $5,500.
What is the current price range for Rental Homes in Downtown Prescott?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Prescott ranges from $600 to $5,500 with an average monthly rent of $1,996.
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

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.

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.

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.

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.