Cheap Homes for Rent in Prescott, AZ from $1,400 (22 Rentals)

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property at 333 W Leroux St

333 W Leroux St

PrescottAZ86303

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.

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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.

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property at 825 Allen Dr

825 Allen Dr

PrescottAZ86303

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-22, Page 1 of 1

Prescott, AZ Local Guide

Cheapest Neighborhoods for Apartments in Prescott, AZ

Pricing Updated: 06/02/2025

Current apartment rentals in the Prescott, AZ area range in price from $225 to $9,700 with an overall median price of $4,964. The three Prescott neighborhoods with the lowest median rent pricing are Diamond Valley at $1,850, Tutt at $2,100, and Whiskey Row at $225. 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$3,000$1,85010
Tutt$3,400$2,1005
Whiskey Row$3,600$22511
Forbing Park$4,300$22535
Wildwood Estates$5,000$22530
Downtown Prescott$5,750$22529
Miller Valley$9,700$2258

Cheapest Available Prescott Apartments for Rent

 

The cheapest available apartment rental in Prescott, AZ is a Studio unit found at Willow Creek Apartments in the Forbing Park neighborhood priced from $1,350. 1004 E Goodwin St in the Forbing Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,395. Here is today’s list of the most affordable Prescott apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Willow Creek ApartmentsStudioStudio,1BA$1,350
1004 E Goodwin St2BR/1.0BA2BR,1BA$1,395
Terraces at Glassford HillDesert Willow1BR,1BA$1,495
Prescott View Apartments2x12BR,1BA$1,575
Winfield at the Ranch1 Bed1BR,1BA$1,606

Best Value Apartments for Rent in Prescott, AZ

As of June 02, 2025 the best value apartment in the Prescott area is the $2.15 price per square foot 2 bedroom 2 bathroom Model at 836 Valley St in the in the Forbing Park neighborhood starting from $2,200. The second greatest value Prescott apartment is the B2 Model at Legacy at Prescott Lakes starting at $1,905 with a $2.09 price per square foot in the Diamond Valley 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.
836 Valley St2 bedroom 2 bathroom2BR,2BA$2.15
Legacy at Prescott LakesB22BR,2BA$2.09
Havenly PrescottPlan 91BR,1BA$2.62
1004 E Goodwin St2BR/1.0BA2BR,1BA$1.68
Prescott View Apartments2x12BR,1BA$1.92
The Flats at Jasper1A1BR,1BA$2.44
Terraces at Glassford HillDesert Willow1BR,1BA$2.00
Winfield at the Ranch1 Bed1BR,1BA$2.23
Willow Creek ApartmentsStudioStudio ,1BA$2.01
2051 ApartmentsLynxStudio ,1BA$2.77

Quick Rent Budget Calculator

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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 $900 to $3,482. There are also 77 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prescott ranging from $225 to $9,700.

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 $225 to $9,700 with an average monthly rent of $2,840.

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.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.