
Cheap Apartments for Rent near Prescott, IA from $545 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Prescott.


Forest Cove

Summit House Apartments

Country Club Estates

1209 Maple St

University Point

Timber Creek Apartments

SUGAR CREEK APARTMENTS

Luma Terrace Apartment
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Sunrise Valley Trails Apartments

Fountain Terrace

Center Stage

Prairie Grass at Jordan Creek

Total Monthly Price
Vesta Village by Kading

Country Court Apartments - Waukee

507 Fir St

Mansions at Jordan Creek

Fireside at Waukee
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Lift at Jordan Creek

Glenwood Villas

Total Monthly Price
Osceola Heights by Kading

Cherry Creek

The Lofts at Kettlestone Central

28925 360th St

Parkway Village Apartments

Maryville Meadows

Woodland Park - Adair
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

303 W Lowell Ave

Woodland Park - Red Oak

515 E 7th St

Woodland Park - Fontanelle

Regency Villa of Atlantic

Red Oak 48-(City View Apartments)

Clarinda West Apartments

Park Avenue Apartments

1010 N 16th St
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.

The Bridges

Adel Village Apartments

Woodland Park - Griswold

SUNDANCE ATLANTIC APARTMENTS

702 N 6th St

800 State Street

450 Laurel St

613 Polk St

504 Harris St
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.
Prescott, IA Local Guide

How much does it cost to rent an apartment in Prescott?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prescott Studio Apartments | $1,097 | $575 | $1,730 |
| Prescott 1 Bedroom Apartments | $1,176 | $545 | $1,949 |
| Prescott 2 Bedroom Apartments | $1,402 | $700 | $2,617 |
| Prescott 3 Bedroom Apartments | $1,721 | $875 | $3,200 |
| Prescott 4 Bedroom Apartments | $2,700 | $2,700 | $2,700 |
Browse Top Apartments in Prescott
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Prescott, IA Local Guide
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Cheapest Available Prescott Apartments for Rent and Nearby
 The cheapest available apartment rental in Prescott, IA is a 2 Beds unit found at 1209 Maple St priced from $700. Summit House Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $755. Here is today’s list of the most affordable Prescott apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1209 Maple St | 2 BED / 1 BATH | 2BR,1BA | $700 |
| Summit House Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $755 |
| Timber Creek Apartments | 2 Bed/1 Bath | 2BR,1BA | $795 |
| Clarinda West Apartments | 2 Beds, 1 Baths | 2BR,1BA | $795 |
| SUGAR CREEK APARTMENTS | 1 BED 1 BATH | 1BR,1BA | $800 |
| Luma Terrace Apartment | 2 Bed 1 Bath | 2BR,1BA | $800 |
| Sunrise Valley Trails Apartments | 2 bed | 2BR,1BA | $855 |
| Country Club Estates | 3 Bedroom 2 Bathroom | 3BR,2BA | $950 |
| Country Court Apartments - Waukee | 2brtotalremodel | 2BR,1BA | $970 |
| Lift at Jordan Creek | Amplify | 1BR,1BA | $995 |
Best Value Apartments for Rent in Prescott, IA and Nearby
As of August 29, 2026 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 Townhomes starting at $2,700 with a $1.13 price per square foot in the Dallas County 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. |
|---|---|---|---|
| Timberline Ridge | Timberline | 3BR,3BA | $0.98 |
| Platinum Pointe Townhomes | Platinum Pointe - 4 Bed | 4BR,3BA | $1.13 |
| Centennial Crossing | Hickory - C3 | 3BR,3.5BA | $1.13 |
| Country Club Estates | 3 Bedroom 2 Bathroom | 3BR,2BA | $0.93 |
| Osceola Heights by Kading | Villa | 3BR,1BA | $1.00 |
| Sunrise Valley Trails Apartments | 2 bed | 2BR,1BA | $0.99 |
| Lift at Jordan Creek | Amplify | 1BR,1BA | $1.22 |
| Country Court Apartments - Waukee | 2BNCabcrn | 2BR,1BA | $1.22 |
| Summit House Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.95 |
| Luma Terrace Apartment | 2 Bed 1 Bath | 2BR,1BA | $1.07 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Prescott, IA Rentals by Map
See the most popular apartments and homes in Prescott, IA
Frequently Asked Questions about Cheap Prescott Apartments
How much is rent for a Cheap One Bedroom Prescott Apartment?
The lowest price for a Cheap One Bedroom Prescott Apartment is $800 at SUGAR CREEK APARTMENTS.
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 $700 at 1209 Maple St.
What is the most affordable Prescott Three Bedroom Apartment?
The best deal on a cheap Prescott Three Bedroom Apartment rental is at Country Club Estates and starts from $950.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.