Cheap Homes for Rent in Downtown Prescott Neighborhood of Prescott, AZ from $1,200 (8 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Prescott area of Prescott.

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.

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property at 701 Campbell St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700
Total Monthly Price
$1,700

2 Bedroom, 1 Bath Townhome for Rent

Available Now

701 Campbell St, Unit C

701 Campbell St
PrescottAZ86301

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.

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Showing Results 1-8, Page 1 of 1

Downtown Prescott, Prescott, AZ Local Guide

Cheapest Available Downtown Prescott Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
1004 E Goodwin St2BR/1.0BA2BR,1BA$1,445
Granite Creek ApartmentsOne Bedroom/One Bath Classic1BR,1BA$1,450

Best Value Apartments for Rent in Downtown Prescott, AZ

As of June 09, 2026 the best value apartment in the Downtown Prescott area is the $1.74 price per square foot 2BR/1.0BA Model at 1004 E Goodwin St in the in the Forbing Park neighborhood starting from $1,445. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1004 E Goodwin St2BR/1.0BA2BR,1BA$1.74
Granite Creek ApartmentsOne Bedroom/One Bath Renovated1BR,1BA$2.71

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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Quick 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.

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Best Local Schools in
Downtown Prescott, Prescott, AZ

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 69 Apartments for Rent in Downtown Prescott, AZ with pricing that ranges from $950 to $6,814. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Prescott ranging from $1,225 to $5,970.

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 $1,225 to $5,970 with an average monthly rent of $2,238.

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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.