Cheap Apartments for Rent in Prescott, IA from $500 (43 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

close
View Me
Maryville Meadows
2 to 3 Bedroom Apartments

Maryville Meadows

324 E Summit DrMaryville, MO 64468
close
View Me
303 W Lowell Ave
1 to 2 Bedroom Apartments

303 W Lowell Ave

303 W Lowell AveShenandoah, IA 51601

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.

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.

property at 940 27th St

940 27th St

ClarindaIA51632
close
View Me
Osceola Heights
3 Bedroom Apartments

Osceola Heights

1809 Primrose LnOsceola, IA 50213

Prescott, IA Local Guide

Cheapest Available Prescott Apartments for Rent and Nearby

 

The cheapest available apartment rental in Prescott, IA is a 2 Beds unit found at The Pointe on 88th priced from $682. Park Avenue Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $695. Here is today’s list of the most affordable Prescott apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Pointe on 88thThe Wild Rose - Market2BR,1BA$682
Park Avenue Apartments2 Bed2BR,1BA$695
1010 N 16th St1 bedroom unit1BR,1BA$725
Forest Cove Apartments2x12BR,1BA$725
Regency Villa of Atlantic1 Bedroom1BR,1BA$775
Woodland Park - Fontanelle1 BR1BR,1BA$775
Woodland Park - Griswold1 BR1BR,1BA$800
The Bridges1 Bedroom1BR,1BA$800
Fountain TerraceNeptuneStudio,1BA$835
Country Court Apartments - Waukee2BNCabS2BR,1BA$850

Best Value Apartments for Rent in Prescott, IA and Nearby

As of October 15, 2025 the best value apartment in the Prescott area is the $0.98 price per square foot Timberline Model at Timberline Ridge in the in the Glynn Village neighborhood starting from $2,350. The second greatest value Prescott apartment is the Platinum Pointe - 4 Bed Model at Platinum Pointe starting at $2,700 with a $1.13 price per square foot . 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.
Timberline RidgeTimberline3BR,3BA$0.98
Platinum PointePlatinum Pointe - 4 Bed4BR,3BA$1.13
Stratford Crossing Flats TownhomesAlton3BR,2.5BA$1.20
Providence Lane Townhomes3 Bed 2.5 Bath Townhome3BR,2.5BA$1.13
Mansions at Jordan CreekBerkley2BR,2BA$1.08
Osceola HeightsHutton3BR,1BA$1.00
Vesta Village by KadingCottage-22BR,1BA$1.10
Forest Cove Apartments2x12BR,1BA$0.89
Park Avenue Apartments2 Bed2BR,1BA$0.87
Country Court Apartments - Waukee2BNCabcrn2BR,1BA$1.13

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.

decorative image of people with a giant lease agreement

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

Explore Prescott, IA Rentals by Map

View Map
Prescott, IA Apartments Map
View Map
Prescott, IA Rental Homes Map

Getting Around Prescott, IA

Walk Score®

7 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

31 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Prescott Apartments

What is the Cheapest Studio apartment in Prescott?

Currently the most affordable Cheap Studio Apartment in Prescott is at Fountain Terrace listed at $835.

How much is rent for a Cheap One Bedroom Prescott Apartment?

The lowest price for a Cheap One Bedroom Prescott Apartment is $725 at 1010 N 16th St.

What is the lowest price for a Cheap Two Bedroom Prescott Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Prescott is starting from $682 at The Pointe on 88th.

What is the most affordable Prescott Three Bedroom Apartment?

The best deal on a cheap Prescott Three Bedroom Apartment rental is at Forest Cove Apartments and starts from $800.

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 How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.