Cheap Homes for Rent in Prescott, AZ from $900 (22 Rentals)

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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.

Prescott, AZ Local Guide

Cheapest Neighborhoods for Apartments in Prescott, AZ

Pricing Updated: 12/27/2025

Current apartment rentals in the Prescott, AZ area range in price from $950 to $6,450 with an overall median price of $3,047. The three Prescott neighborhoods with the lowest median rent pricing are Tutt at $1,595, Miller Valley at $1,495, and Diamond Valley at $950. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Prescott Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Tutt$2,322$1,5956
Miller Valley$2,700$1,49510
Diamond Valley$2,757$95017
Forbing Park$2,850$1,40043
Whiskey Row$3,000$1,4008
Wildwood Estates$3,200$1,49537
Downtown Prescott$4,500$1,40034

Cheapest Available Prescott Apartments for Rent

 

The cheapest available apartment rental in Prescott, AZ is a 1 Bed unit found at Prescott Lakes priced from $1,100. The View at Prescott Valley in the Diamond Valley neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,325. Here is today’s list of the most affordable Prescott apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Prescott LakesIronwood1BR,1BA$1,100
The View at Prescott Valley1 Bedroom Queen – Q1BR,1BA$1,325
Terraces at Glassford HillDesert Willow1BR,1BA$1,420
2051 ApartmentsLynxStudio,1BA$1,425
Canyon Run ApartmentsOne Bedroom/One Bath Classic1BR,1BA$1,450

Best Value Apartments for Rent in Prescott, AZ

As of December 27, 2025 the best value apartment in the Prescott area is the $1.38 price per square foot 2x2 Model at Willow Creek Apartments in the in the Forbing Park neighborhood starting from $1,496. 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.
Willow Creek Apartments2x22BR,2BA$1.38
836 Valley St2 bedroom 2 bathroom2BR,2BA$2.15
858 Valley St2 Bedroom2BR,2BA$1.97
Terraces at Glassford HillPrickly Pear1BR,1BA$1.96
The Flats at Jasper1A1BR,1BA$2.12
Legacy at Prescott LakesA1R1BR,1BA$2.35
Winfield at the Ranch1 Bed1BR,1BA$2.36
Prescott View Apartments1x11BR,1BA$2.40
Canyon Run ApartmentsOne Bedroom/One Bath Classic1BR,1BA$2.38
2051 ApartmentsLynxStudio ,1BA$2.35

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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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 97 Apartments for Rent in Prescott, AZ with pricing that ranges from $1,090 to $8,380. There are also 102 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 $2,636.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!