
Cheap Apartments for Rent in Prescott, IA from $500 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Prescott.


Historic Winterset High School Apartments 55+

The Pointe on 88th

Summit House Apartments

Park Avenue Apartments
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.

Sugar Creek Senior Apartment Community

622 E Stuart St

Adel Village Apartments

Center Stage

Fountain Terrace
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.

Country Court Apartments - Waukee

Prairie Grass at Jordan Creek

Mansions at Jordan Creek

108 N Buchanan St

1115 N College Dr
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.

1135 N College Dr

517.5 W 8th St
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.

613 Polk St
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 | $1,012 | $575 | $1,558 |
Prescott 1 Bedroom Apartments | $1,233 | $540 | $1,798 |
Prescott 2 Bedroom Apartments | $1,476 | $640 | $2,520 |
Prescott 3 Bedroom Apartments | $1,935 | $574 | $3,320 |
Prescott 4 Bedroom Apartments | $2,500 | $2,500 | $2,500 |
Browse Top Apartments in Prescott
See all Apartments in PrescottExplore Prescott
Prescott, IA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. The Pointe on 88th has the second lowest priced unit, which is a 2 Beds apartment currently listed from $682. Here is today’s list of the most affordable Prescott apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Parkway Village Apartments | 1 Bedroom | 1BR,1BA | $540 |
The Pointe on 88th | The Wild Rose - Market | 2BR,1BA | $682 |
Park Avenue Apartments | 2 Bed | 2BR,1BA | $695 |
1010 N 16th St | 1 bedroom unit | 1BR,1BA | $725 |
Forest Cove Apartments | 2x1 | 2BR,1BA | $725 |
Summit House Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $755 |
Regency Villa of Atlantic | 1 Bedroom | 1BR,1BA | $775 |
Sugar Creek Senior Apartment Community | 1x1 | 1BR,1BA | $790 |
The Bridges | 1 Bedroom | 1BR,1BA | $800 |
Summerset Apartments | 2 Beds, 1 bath | 2BR,1BA | $800 |
Best Value Apartments for Rent in Prescott, IA and Nearby
As of July 26, 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 $1,680 with a $1.17 price per square foot . 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. |
---|---|---|---|
Platinum Pointe | Platinum Pointe - 3 Bed | 3BR,3BA | $1.04 |
Providence Lane Townhomes | 3 Bed 2.5 Bath Townhome | 3BR,2.5BA | $1.17 |
Vesta Village by Kading | Cottage-3 | 3BR,2BA | $1.00 |
Twin Eagles East | Sign a 13 Month Lease, Get the 13th Month Free! | 3BR,1BA | $1.14 |
Forest Cove Apartments | 2x1 | 2BR,1BA | $0.89 |
Park Avenue Apartments | 2 Bed | 2BR,1BA | $0.87 |
Country Court Apartments - Waukee | 2brtotalremodel | 2BR,1BA | $1.17 |
Summit House Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.95 |
Summerset Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.09 |
Parkway Village Apartments | 1 Bedroom | 1BR,1BA | $0.90 |
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.
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
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
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 $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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.

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.

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.