
Cheap Homes for Rent in Prescott, AZ from $900 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Prescott.


875 S Arroyo Dr

1317 E Gurley St, Unit 303

1317 E Gurley St, Unit 302

1317 E Gurley St, Unit 304

1317 E Gurley St, Unit 150
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.

Charming 2 bedrooms 1-bathroom in Prescott

1204 Tranquil Ln

519 Copper Basin Rd

333 W Leroux St

6144 Antelope Villas Cir

339 Rim Rock Cir
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.

727 E Carleton St, Unit 1/2

701 Campbell St, Unit C

2930 N Superstition Ln

350 Rim Rock Cir

878 Valley St, Unit B

1 Bar Heart Dr
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.

3075 Timber Line Rd
Prescott, AZ Local Guide

How much does it cost to rent a home in Prescott?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prescott 2 Bedroom Homes for Rent | $2,134 | $1,494 | $4,000 |
| Prescott 3 Bedroom Homes for Rent | $2,538 | $900 | $5,500 |
| Prescott 4 Bedroom Homes for Rent | $2,760 | $2,400 | $3,800 |
| Prescott 5 Bedroom Homes for Rent | $3,266 | $2,800 | $3,500 |
Browse Top Homes for Rent in Prescott
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Prescott, AZ Local Guide
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Cheapest Neighborhoods for Apartments in Prescott, AZ
Pricing Updated: 07/17/2026Current apartment rentals in the Prescott, AZ area range in price from $950 to $9,597 with an overall median price of $2,361. The three Prescott neighborhoods with the lowest median rent pricing are Miller Valley at $950, Wildwood Estates at $950, and Diamond Valley at $1,244. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Prescott Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Miller Valley | $1,600 | $950 | 13 |
| Wildwood Estates | $1,600 | $950 | 19 |
| Diamond Valley | $2,100 | $1,244 | 63 |
| Forbing Park | $2,500 | $950 | 38 |
| Whiskey Row | $2,500 | $950 | 28 |
| Tutt | $2,832 | $1,805 | 4 |
| Downtown Prescott | $3,400 | $950 | 33 |
Cheapest Available Prescott Apartments for Rent
 The cheapest available apartment rental in Prescott, AZ is a 1 Bed unit found at Prescott Woodlands Apartments in the Forbing Park neighborhood priced from $1,175. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Prescott Woodlands Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,175 |
| The View at Prescott Valley | 1 Bedroom Queen – Q | 1BR,1BA | $1,325 |
| Willow Creek Apartments | Studio | Studio,1BA | $1,425 |
| 1004 E Goodwin St | 2BR/1.0BA | 2BR,1BA | $1,425 |
| Terraces at Glassford Hill | Desert Willow | 1BR,1BA | $1,450 |
Best Value Apartments for Rent in Prescott, AZ
As of July 17, 2026 the best value apartment in the Prescott area is the $2.23 price per square foot B2R Model at Legacy at Prescott Lakes in the in the Diamond Valley neighborhood starting from $2,034. The second greatest value Prescott apartment is the 2BR/1.0BA Model at 1004 E Goodwin St starting at $1,425 with a $1.72 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Legacy at Prescott Lakes | B2R | 2BR,2BA | $2.23 |
| 1004 E Goodwin St | 2BR/1.0BA | 2BR,1BA | $1.72 |
| Prescott View Apartments | 2x1 | 2BR,1BA | $2.01 |
| Terraces at Glassford Hill | Desert Willow | 1BR,1BA | $1.94 |
| Havenly Prescott | Plan 1 | 1BR,1BA | $2.34 |
| Winfield at the Ranch | 1 Bed | 1BR,1BA | $2.29 |
| Bungalows on Market Street | Cholla | 1BR,1BA | $2.33 |
| Willow Creek Apartments | Studio | Studio ,1BA | $2.12 |
| Prescott Woodlands Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1.96 |
| 2051 Apartments | Lynx | Studio ,1BA | $2.50 |
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 Prescott, AZ
School data provided by Great Schools
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 $950 to $9,597. There are also 90 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prescott ranging from $900 to $5,500.
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 $900 to $5,500 with an average monthly rent of $2,197.
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

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.

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.