Cheap Apartments for Rent near Prescott, IA from $500 (58 Rentals)

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

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.

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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.

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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.

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Maryville Meadows
2 to 3 Bedroom Apartments

Maryville Meadows

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

303 W Lowell Ave

303 W Lowell AveShenandoah, IA 51601
Corporate Housing

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.

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The Bridges
1 to 2 Bedroom Apartments

The Bridges

1111 N 8th AveWinterset, IA 50273
  • Utilities Included
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800 State Street
2 Bedroom Apartments

800 State Street

800 State StGuthrie Center, IA 50115

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.

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Showing Results 1-50, Page 1 of 2

Prescott, IA Local Guide

Cheapest Available Prescott Apartments for Rent and Nearby

 

The cheapest available apartment rental in Prescott, IA is a 1 Bed unit found at Red Oak 48-Unit (City View Apartments) priced from $695. Timber Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Prescott apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Red Oak 48-Unit (City View Apartments)1 Bedroom1BR,1BA$695
Timber Creek Apartments1BR/1.0BA1BR,1BA$725
Clarinda West Apartments1 Beds, 1 Baths1BR,1BA$735
Summit House Apartments2 Bedroom 1 Bathroom2BR,1BA$755
Woodland Park - Fontanelle1 BR1BR,1BA$775
Forest Cove2 Bedroom, 1 Bath2BR,1BA$775
Regency Villa of Atlantic1 Bedroom1BR,1BA$775
SUGAR CREEK APARTMENTS1 BED 1 BATH1BR,1BA$800
Country Club Estates2 Bedroom 1 Bathroom2BR,1BA$825
SUNDANCE ATLANTIC APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$850

Best Value Apartments for Rent in Prescott, IA and Nearby

As of July 15, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Timberline RidgeTimberline3BR,3BA$0.98
Platinum Pointe TownhomesPlatinum Pointe - 4 Bed4BR,3BA$1.13
Vesta Village by KadingCottage - 33BR,2BA$1.03
Osceola Heights by KadingCraftsman3BR,2BA$1.13
Twin Eagles EastHutton3BR,1BA$1.10
Sunrise Valley Trails Apartments2 bed2BR,1BA$0.99
SUNDANCE ATLANTIC APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$1.03
Forest Cove2 Bedroom, 1 Bath2BR,1BA$0.95
Summit House Apartments2 Bedroom 1 Bathroom2BR,1BA$0.95
Country Club Estates2 Bedroom 1 Bathroom2BR,1BA$1.04

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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Real 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.

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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.

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

Explore Prescott, IA Rentals by Map

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See the most popular apartments and homes in Prescott, IA

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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 $695 at Red Oak 48-Unit (City View 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 $755 at Summit House Apartments.

What is the most affordable Prescott Three Bedroom Apartment?

The best deal on a cheap Prescott Three Bedroom Apartment rental is at Sunrise Valley Trails Apartments and starts from $945.

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

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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.

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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.

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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.

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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.