Cheap Apartments for Rent in Prescott, WI from $400 (39 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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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 Aug 5

Lake Isabel Flats

412 3rd St EHastings, MN 55033
Luxury
  • Verified
  • Customer Reviewed
  • Utilities Included
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Grove80 Apartments
$1,443 - $2,708
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,435 - $2,700
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Grove80 Apartments

7550 80th StCottage Grove, MN 55016
Luxury
  • Verified
  • 3D Tour

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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The Aurilla Apartments
Rent Specials
$1,566 - $3,931
Total Monthly Price

Total Monthly Price

Base Rent
$1,485 - $3,850
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
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Bluestem
Studio to 1 Bedroom Apartments

Bluestem

7601 79th St SCottage Grove, MN 55016
Senior Living
  • 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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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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Hinton Heights
1 to 3 Bedroom Apartments

Hinton Heights

7750 Hinton AveCottage Grove, MN 55016
Corporate Housing
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Vermillion Shores II
1 to 2 Bedroom Apartments

Vermillion Shores II

950 31st St WHastings, MN 55033
  • Utilities Included
property at 6824 Meadow Grass Ln S

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950
Total Monthly Price
$1,950

2 Bedroom, 1.5 Bath Townhome for Rent

Available Aug 1

6824 Meadow Grass Ln S

Cottage GroveMN55016

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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property at 7762 79th St S

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950
Total Monthly Price
$1,950

2 Bedroom, 1.5 Bath Townhome for Rent

Available Aug 1

7762 79th St S

Cottage GroveMN55016
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 1-39, 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 $666. River City Apartments in the Downtown River Falls neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,080. Here is today’s list of the most affordable Prescott apartments for rent:

Apartment ListingModel NameBed/BathPriced From
BluestemPrairie Rose - StudioStudio,1BA$666
River City ApartmentsTwo Bedroom2BR,1BA$1,080
Riverside Apartments2BR Apartment2BR,1BA$1,135
Woodland Park Apartments2 Bedrooms 2 bathrooms2BR,2BA$1,247
551 18th St E2 bedroom2BR,1BA$1,295
Hinton Heights1 Bed 1 Bath1BR,1BA$1,320
City StationOne bedroom CityOne1BR,1BA$1,395
Grove80 ApartmentsWoodridge - S2Studio,1BA$1,448
The UplandConeflower1BR,1BA$1,463
The Aurilla ApartmentsEllipsis1BR,1BA$1,566

Best Value Apartments for Rent in Prescott, WI and Nearby

As of June 22, 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
Current 33Cove (C3)2BR,2BA$1.83
Woodland Park Apartments2 Bedrooms 2 bathrooms2BR,2BA$1.23
Voyageur Estates2 Bedroom 1 Bathroom2BR,1BA$1.80
551 18th St E2 bedroom2BR,1BA$1.44
Hinton Heights1 Bed 1 Bath1BR,1BA$1.76
BluestemWild Indigo - One Bedroom1BR,1BA$1.60
River City ApartmentsTwo Bedroom2BR,1BA$1.54
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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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, WI Rentals by Map

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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 $1,139 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 $1,080 at River City Apartments.

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 Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.