Cheap Apartments for Rent in Prescott, MI from $300 (45 Rentals)

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

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Hidden Creek Manor
1 to 2 Bedroom Apartments

Hidden Creek Manor

5305 Gary C DrPrescott, MI 48756
Senior Living
  • Utilities Included

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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Raven Lane Apartments
Studio to 1 Bedroom Apartments

Raven Lane Apartments

4495 Raven LnBay City, MI 48706
  • Utilities Included
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704 N Grant St
Studio to 2 Bedroom Apartments

704 N Grant St

704 N Grant StBay City, MI 48708
  • Utilities Included

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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property at 868 S Huron Rd

$715 - $795

1 To 2 Bedroom Rentals

Available Jun 1

868 S Huron Rd

LinwoodMI48634
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North Star Rentals
1 Bedroom Apartments

North Star Rentals

1119 W Lake StTawas City, MI 48763
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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Webb Drive Apartments
1 to 2 Bedroom Apartments

Webb Drive Apartments

715-717 Webb DrBay City, MI 48706
  • Utilities Included

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.

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Showing Results 1-45, Page 1 of 1

Prescott, MI Local Guide

Cheapest Available Prescott Apartments for Rent and Nearby

 

The cheapest available apartment rental in Prescott, MI is a Studio unit found at Rest All Suites priced from $625. Harrison Estates Mobile Home Community in the Allendale neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $625. Here is today’s list of the most affordable Prescott apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rest All SuitesStudio, 1 bathStudio,1BA$625
Harrison Estates Mobile Home CommunityLot 132BR,1BA$625
Pine Grove Apartments1 Bd1BR,1BA$700
Bay Valley Harbor ApartmentsStudio BedsitterStudio,1BA$735
GolfView Apartments By The Bay2 Bedrooms2BR,1BA$779
Garfield Manor - Senior ApartmentsOne Bedroom1BR,1BA$815
French Quarters Apartments2-Bedroom2BR,1BA$825
Northwind ForestBirch1BR,1BA$830
Horizon Court Apartments2 Bed2BR,1BA$850
Eagle Ridge Villas1 BEDROOM / 1 BATH1BR,1BA$899

Best Value Apartments for Rent in Prescott, MI and Nearby

As of May 29, 2026 the best value apartment in the Prescott area is the $1.37 price per square foot 2 Bed | 2 Bath Ranch Model at Perry Creek Townhomes - Midland, MI in the starting from $1,775. The second greatest value Prescott apartment is the 3 Bedroom Model at White Pines - Harrison starting at $1,159 with a $0.91 price per square foot in the Allendale 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.
Perry Creek Townhomes - Midland, MI2 Bed | 2 Bath Ranch2BR,2BA$1.37
White Pines - Harrison3 Bedroom3BR,2BA$0.91
Robin OaksRobin Oaks - B012BR,1BA$1.03
Harrison Estates Mobile Home CommunityLot 132BR,1BA$0.69
Heritage ArmsThe Currie2BR,1BA$1.15
GolfView Apartments By The Bay2 Bedrooms2BR,1BA$0.97
French Quarters Apartments2-Bedroom2BR,1BA$1.13
Northwind Forestbirch fu1BR,1BA$1.33
Pine Grove Apartments1 Bd1BR,1BA$1.04
Horizon Court Apartments2 Bed2BR,1BA$1.31

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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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!

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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 Rest All Suites listed at $625.

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

The lowest price for a Cheap One Bedroom Prescott Apartment is $700 at Pine Grove 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 $625 at Harrison Estates Mobile Home Community.

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

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.