Cheap Apartments for Rent in Prescott, WI from $400 (42 Rentals)

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

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.

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Lake Isabel Flats
$1,355 - $2,256
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,320 - $2,221
Required Monthly Fees
$35
Total Monthly Price
$1,355 - $2,256
Studio to 2 Bedroom Apartments Available Sep 4

Lake Isabel Flats

412 3rd St EHastings, MN 55033
Luxury
  • Verified
  • Customer Reviewed
  • Utilities Included

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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Grove80 Apartments
$1,483 - $2,683
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,475 - $2,675
Required Monthly Fees
$8
Total Monthly Price
$1,483 - $2,683
Studio to 3 Bedroom Apartments Available Now

Grove80 Apartments

7550 80th StCottage Grove, MN 55016
Luxury
  • Verified
  • 3D Tour
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ReNew at the Grove
$1,499 - $2,379
Total Monthly Price

Total Monthly Price

Base Rent
$1,499 - $2,379
Total Monthly Price
$1,499 - $2,379
1 to 2 Bedroom Apartments Available Aug 20

ReNew at the Grove

8120 E Point Douglas Rd SCottage Grove, MN 55016
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  • Customer Reviewed
  • 3D Tour
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The Aurilla Apartments
$1,546 - $4,461
Total Monthly Price

Total Monthly Price

Base Rent
$1,465 - $4,380
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Aurilla Apartments

7689 Hardwood Ave SCottage Grove, MN 55016
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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Bluestem
Studio to 1 Bedroom Apartments

Bluestem

7601 79th St SCottage Grove, MN 55016
Senior Living
  • Utilities Included
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River Place Apartments
Studio to 3 Bedroom Apartments

River Place Apartments

1431 Wildcat CtRiver Falls, WI 54022
Student Housing
  • Utilities Included
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Vermillion Shores II
1 to 2 Bedroom Apartments

Vermillion Shores II

950 31st St WHastings, MN 55033
  • 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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Hinton Heights
1 to 3 Bedroom Apartments

Hinton Heights

7750 Hinton AveCottage Grove, MN 55016
Corporate Housing
property at 1101 2nd St W

$1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,695
Total Monthly Price
$1,695

2 Bedroom, 1 Bath Home for Rent

Available Now

1101 2nd St W

HastingsMN55033
property at 7762 79th St S

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

7762 79th St S

Cottage GroveMN55016

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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property at 820 14th St W

$1,995

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,995
Total Monthly Price
$1,995

3 Bedroom, 2 Bath Home for Rent

Available Sep 1

820 14th St W

HastingsMN55033
property at 154 Cimarron

$1,999

Total Monthly Price

Total Monthly Price

Base Rent
$1,999
Total Monthly Price
$1,999

3 Bedroom, 2.5 Bath Home for Rent

Available Now

154 Cimarron

Lake ElmoMN55042
Showing Results 1-42, Page 1 of 1

Prescott, WI Local Guide

Cheapest Available Prescott Apartments for Rent and Nearby

 

The cheapest available apartment rental in Prescott, WI is a Studio unit found at Bluestem in the Silverwood neighborhood priced from $691. River City Apartments in the Downtown River Falls neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,120. Here is today’s list of the most affordable Prescott apartments for rent:

Apartment ListingModel NameBed/BathPriced From
BluestemPrairie Rose - StudioStudio,1BA$691
River City ApartmentsTwo Bedroom2BR,1BA$1,120
Riverside Apartments2BR Apartment2BR,1BA$1,135
Hidden Valley ApartmentsTwo Bedroom/One Bath2BR,1BA$1,200
551 18th St E2 bedroom2BR,1BA$1,295
City StationOne bedroom CityOne1BR,1BA$1,395
Grove80 ApartmentsCedarhurst - S4Studio,1BA$1,483
Woodland Park Apartments3 Bedroom 2 bathdrooms Town Home3BR,2BA$1,513
The UplandMeadow B1BR,1BA$1,575
Cottages of Cottage Grove1BD1BR,1BA$1,595

Best Value Apartments for Rent in Prescott, WI and Nearby

As of August 08, 2026 the best value apartment in the Prescott area is the $1.34 price per square foot 5 Bedroom Model at 1063 E. Cascade Ave- Next to UWRF and CVTC in the in the Downtown River Falls neighborhood starting from $2,095. The second greatest value Prescott apartment is the 4 Bedroom Model at University Falls Apartments starting at $2,000 with a $1.40 price per square foot in the Downtown River Falls 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.
1063 E. Cascade Ave- Next to UWRF and CVTC5 Bedroom5BR,2BA$1.34
University Falls Apartments4 Bedroom4BR,2BA$1.40
Hinton Heights3 Bed 2 Bath3BR,2BA$1.55
Woodland Park Apartments3 Bedroom 2 bathdrooms Town Home3BR,2BA$1.18
Current 33Cove (C3)2BR,2BA$1.78
551 18th St E2 bedroom2BR,1BA$1.44
Hidden Valley ApartmentsTwo Bedroom/One Bath2BR,1BA$1.37
BluestemWild Indigo - One Bedroom1BR,1BA$1.60
River City ApartmentsTwo Bedroom2BR,1BA$1.60
Riverside Apartments1BR Apartment1BR,1BA$1.78

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

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

The lowest price for a Cheap One Bedroom Prescott Apartment is $811 at Bluestem.

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 $1,120 at River City Apartments.

What is the most affordable Prescott Three Bedroom Apartment?

The best deal on a cheap Prescott Three Bedroom Apartment rental is at Riverside Apartments and starts from $1,252.

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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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.

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.