Cheap Apartments for Rent in Prescott, IA from $500 (34 Rentals)

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

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

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.

Read Article
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

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.

Read Article

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.

Read Article
close
View Me
University Point
2 Bedroom Apartments

University Point

1217 W 16th StMaryville, MO 64468
Showing Results 1-34, Page 1 of 1

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 Parkway Village Apartments priced from $540. Forest Cove Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $615. Here is today’s list of the most affordable Prescott apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parkway Village Apartments1 Bedroom1BR,1BA$540
Forest Cove Apartments1x1 Small1BR,1BA$615
1010 N 16th St1 bedroom unit1BR,1BA$725
Summerset Apartments2 Beds, 1 bath2BR,1BA$750
Summit House Apartments2 Bedroom 1 Bathroom2BR,1BA$755
Regency Villa of Atlantic1 Bedroom1BR,1BA$775
Sugar Creek Senior Apartment Community1x11BR,1BA$790
The Bridges2 Bedroom2BR,1BA$799
Country Court Apartments2BNCab2BR,1BA$850
Park Avenue Apartments2 Bed2BR,1BA$895

Best Value Apartments for Rent in Prescott, IA and Nearby

As of June 01, 2025 the best value apartment in the Prescott area is the $1.04 price per square foot Platinum Pointe - 3 Bed Model at Platinum Pointe in the starting from $2,500. The second greatest value Prescott apartment is the 3 Bed 2.5 Bath Townhome Model at Providence Lane Townhomes starting at $1,640 with a $1.14 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.
Platinum PointePlatinum Pointe - 3 Bed3BR,3BA$1.04
Providence Lane Townhomes3 Bed 2.5 Bath Townhome3BR,2.5BA$1.14
Twin Eagles EastSign a 13 Month Lease, Get the 13th Month Free!3BR,1BA$1.14
Lift at Jordan CreekAmplify1BR,1BA$1.22
Forest Cove Apartments2x12BR,1BA$0.95
Country Court Apartments2BNCab2BR,1BA$1.06
Park Avenue Apartments2 Bed2BR,1BA$1.12
Summit House Apartments2 Bedroom 1 Bathroom2BR,1BA$0.95
Summerset Apartments2 Beds, 1 bath2BR,1BA$1.02
Parkway Village Apartments2 Bedroom Remodeled2BR,2BA$0.99

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

Decorative image of map

See the most popular apartments and homes in Prescott, IA

View MapPrescott, IA Apartments MapView MapPrescott, 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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Fireside at Waukee listed at $995.

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

The lowest price for a Cheap One Bedroom Prescott Apartment is $540 at Parkway Village 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 $690 at Parkway Village Apartments.

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 $899.

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.