Cheap Homes for Rent in Prescott, AZ from $900 (38 Rentals)

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

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.

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 4944 Summit Cir

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

2 Bedroom, 2 Bath Townhome for Rent

Available Mar 1

4944 Summit Cir

PrescottAZ86301
property at 114 N Willow St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

3 Bedroom, 1 Bath Home for Rent

Available Now

114 N Willow St

PrescottAZ86305

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Prescott, AZ Local Guide

Cheapest Neighborhoods for Apartments in Prescott, AZ

Pricing Updated: 02/23/2026

Current apartment rentals in the Prescott, AZ area range in price from $998 to $11,024 with an overall median price of $7,983. The three Prescott neighborhoods with the lowest median rent pricing are Diamond Valley at $1,399, Tutt at $1,749, and Miller Valley at $1,040. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Prescott Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Diamond Valley$2,284$1,39980
Tutt$2,525$1,7493
Miller Valley$9,000$1,04031
Whiskey Row$9,000$1,04041
Downtown Prescott$11,024$1,04042
Forbing Park$11,024$99851
Wildwood Estates$11,024$99841

Cheapest Available Prescott Apartments for Rent

 

The cheapest available apartment rental in Prescott, AZ is a 1 Bed unit found at Willow Ridge Apartments in the Forbing Park neighborhood priced from $1,238. Prescott Lakes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,320. Here is today’s list of the most affordable Prescott apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Willow Ridge Apartments1BR/1BA1BR,1BA$1,238
Prescott LakesIronwood1BR,1BA$1,320
The View at Prescott Valley1 Bedroom Queen – Q1BR,1BA$1,325
Willow Creek ApartmentsStudioStudio,1BA$1,375
2051 ApartmentsLynxStudio,1BA$1,399
Terraces at Glassford HillDesert Willow1BR,1BA$1,420
Granite Creek ApartmentsOne Bedroom/One Bath Classic1BR,1BA$1,450
Prescott View Apartments1x11BR,1BA$1,475
The Flats at Jasper1A1BR,1BA$1,721
Bungalows on Market StreetCholla1BR,1BA$1,725

Best Value Apartments for Rent in Prescott, AZ

As of February 24, 2026 the best value apartment in the Prescott area is the $1.73 price per square foot 2 Bed Model at Winfield at the Ranch in the in the Diamond Valley neighborhood starting from $1,849. The second greatest value Prescott apartment is the 2 bedroom 2 bathroom Model at 836 Valley St starting at $2,200 with a $2.15 price per square foot in the Forbing Park neighborhood. Here is today’s list of the best values for Prescott apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Winfield at the Ranch2 Bed2BR,2BA$1.73
836 Valley St2 bedroom 2 bathroom2BR,2BA$2.15
858 Valley St2 Bedroom2BR,2BA$1.97
The Flats at Jasper1A1BR,1BA$2.26
Terraces at Glassford HillDesert Willow1BR,1BA$1.90
Legacy at Prescott LakesA1R1BR,1BA$2.41
Willow Ridge Apartments1BR/1BA1BR,1BA$1.83
Willow Creek ApartmentsStudioStudio ,1BA$2.05
Prescott View Apartments1x11BR,1BA$2.40
2051 ApartmentsLynxStudio ,1BA$2.31

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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The 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.

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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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Prescott

What type of rentals are currently available in Prescott?

There are currently 91 Apartments for Rent in Prescott, AZ with pricing that ranges from $998 to $11,024. There are also 121 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prescott ranging from $950 to $6,450.

What is the current price range for Rental Homes in Prescott?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Prescott ranges from $950 to $6,450 with an average monthly rent of $2,763.

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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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.

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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.

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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.

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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.