Cheap Homes for Rent in Prescott, WI from $1,000 (14 Rentals)

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

property at 9276 Indian Blvd S

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

2 Bedroom, 2 Bath Townhome for Rent

Available Jun 10

9276 Indian Blvd 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

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.

property at 6836 Meadow Grass Ln S

$2,195

Total Monthly Price

Total Monthly Price

Base Rent
$2,195

Total Monthly Price
$2,195

2 Bedroom, 2 Bath Home for Rent

Available Now

6836 Meadow Grass Ln 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.

Prescott, WI Local Guide

Cheapest Available Prescott Apartments for Rent and Nearby

 

The cheapest available apartment rental in Prescott, WI is a 2 Beds unit found at Park Place I Apartments in the Silverwood neighborhood priced from $878. Hidden Valley Apartments in the Dakota Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable Prescott apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Park Place I ApartmentsTwo Bedroom Floor Plan2BR,1BA$878
Hidden Valley ApartmentsOne Bedroom/One Bath1BR,1BA$1,000
Glen Park Apartments1 Bed 1 Bath - Remodeled1BR,1BA$1,015
Riverside ApartmentsStudioStudio,1BA$1,026
Woodland Park Apartments1 Bedroom 1 bathroom1BR,1BA$1,029

Best Value Apartments for Rent in Prescott, WI and Nearby

As of April 13, 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 Hudson (C1) Model at Current 33 starting at $2,010 with a $1.81 price per square foot in the Dakota Hills 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
Current 33Hudson (C1)2BR,2BA$1.81
Hinton Heights2 Bed 1.5 Bath2BR,1.5BA$1.74
ReNew at the GroveB12BR,1BA$1.46
Voyageur Estates2 Bedroom 1 Bathroom2BR,1BA$1.80
551 18th St E2 bedroom2BR,1BA$1.44
Woodland Park Apartments1 Bedroom 1 bathroom1BR,1BA$1.35
Park Place I ApartmentsTwo Bedroom Floor Plan2BR,1BA$1.33
Glen Park Apartments1 Bed 1 Bath - Remodeled1BR,1BA$1.56
Hidden Valley ApartmentsOne Bedroom/One Bath1BR,1BA$1.60

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

Read Article
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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 Prescott

What type of rentals are currently available in Prescott?

There are currently 69 Apartments for Rent in Prescott, WI with pricing that ranges from $410 to $3,750. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prescott ranging from $1,000 to $4,995.

What is the current price range for Rental Homes in Prescott?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Prescott ranges from $1,000 to $4,995 with an average monthly rent of $2,338.

How much are larger Three and Four Bedroom Rentals in Prescott?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Prescott range from $1,054 to $3,700, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $3,600. Four Bedroom Single-Family rentals are also available starting from $2,795 and Four Bedroom Apartments start at $2,000.

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

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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.