Cheap Homes for Rent in Prescott, AZ from $300 (19 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.

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.

Prescott, AZ Local Guide

Cheapest Neighborhoods for Apartments in Prescott, AZ

Pricing Updated: 11/02/2025

Current apartment rentals in the Prescott, AZ area range in price from $350 to $6,450 with an overall median price of $3,595. The three Prescott neighborhoods with the lowest median rent pricing are Tutt at $1,595, Miller Valley at $1,495, and Whiskey Row at $1,295. 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$2,325$1,5958
Miller Valley$2,400$1,49513
Whiskey Row$3,000$1,29513
Diamond Valley$3,695$95016
Downtown Prescott$3,750$35038
Forbing Park$5,000$1,29547
Wildwood Estates$5,000$1,29540

Cheapest Available Prescott Apartments for Rent

 

The cheapest available apartment rental in Prescott, AZ is a Studio unit found at Paramount of Prescott in the Forbing Park neighborhood priced from $900. Canyon Run Apartments in the Forbing Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,450. Here is today’s list of the most affordable Prescott apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Paramount of PrescottStudioStudio,1BA$900
Canyon Run ApartmentsOne Bedroom/One Bath Classic1BR,1BA$1,450
Prescott View Apartments1x11BR,1BA$1,475
Terraces at Glassford HillDesert Willow1BR,1BA$1,483
Prescott LakesIronwood1BR,1BA$1,490

Best Value Apartments for Rent in Prescott, AZ

As of November 02, 2025 the best value apartment in the Prescott area is the $1.47 price per square foot 2x2 Model at Willow Creek Apartments in the in the Forbing Park neighborhood starting from $1,600. 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$1.47
836 Valley St2 bedroom 2 bathroom2BR,2BA$2.15
Legacy at Prescott LakesB12BR,1BA$2.09
Terraces at Glassford HillPrickly Pear1BR,1BA$2.07
322 Pioneer Dr, Unit #2322 Pioneer Dr2BR,1BA$1.87
The Flats at Jasper1A1BR,1BA$2.19
1245 Stetson Rd, Unit 11245 Stetson Rd2BR,1BA$2.00
134 N Willow St, Unit 1134 N Willow St2BR,1BA$2.13
Prescott View Apartments1x11BR,1BA$2.40
Canyon Run ApartmentsOne Bedroom/One Bath Classic1BR,1BA$2.38

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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 98 Apartments for Rent in Prescott, AZ with pricing that ranges from $995 to $9,656. There are also 105 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 $2,519.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.