
Cheap Apartments for Rent in Prescott, AZ from $700 (8 Rentals)
Cheap Apartments in Prescott.


314 S Virginia St

117 Cory Ave
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.

845 Sunset Ave

743 S Montezuma St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Prescott, AZ Local Guide

How much does it cost to rent an apartment in Prescott?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Prescott Studio Apartments | $1,534 | $900 | $1,675 |
Cheap Prescott 1 Bedroom Apartments | $1,845 | $1,250 | $2,927 |
Cheap Prescott 2 Bedroom Apartments | $2,209 | $1,125 | $3,482 |
Cheap Prescott 3 Bedroom Apartments | $2,263 | $1,800 | $2,545 |
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Prescott, AZ Local Guide
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Cheapest Neighborhoods for Apartments in Prescott, AZ
Pricing Updated: 05/04/2025Current apartment rentals in the Prescott, AZ area range in price from $900 to $5,140 with an overall median price of $2,214. The three Prescott neighborhoods with the lowest median rent pricing are Forbing Park at $900, Diamond Valley at $1,415, and Downtown Prescott at $900. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Prescott Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Forbing Park | $2,000 | $900 | 48 |
Diamond Valley | $2,192 | $1,415 | 139 |
Downtown Prescott | $2,200 | $900 | 29 |
Miller Valley | $2,200 | $900 | 26 |
Whiskey Row | $2,200 | $900 | 28 |
Wildwood Estates | $2,200 | $900 | 29 |
Tutt | $2,510 | $1,475 | 2 |
Cheapest Available Prescott Apartments for Rent
 The cheapest available apartment rental in Prescott, AZ is a Studio unit found at Paramount of Prescott in the Forbing Park neighborhood priced from $900. 1004 E Goodwin St in the Forbing Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,445. Here is today’s list of the most affordable Prescott apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Paramount of Prescott | Studio | Studio,1BA | $900 |
1004 E Goodwin St | 2BR/1.0BA | 2BR,1BA | $1,445 |
Prescott View Apartments | 1x1 | 1BR,1BA | $1,475 |
Best Value Apartments for Rent in Prescott, AZ
As of May 04, 2025 the best value apartment in the Prescott area is the $2.15 price per square foot 2 bedroom 2 bathroom Model at 836 Valley St in the in the Forbing Park neighborhood starting from $2,200. The second greatest value Prescott apartment is the B2R Model at Legacy at Prescott Lakes starting at $1,980 with a $2.17 price per square foot in the Diamond Valley neighborhood. 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. |
---|---|---|---|
836 Valley St | 2 bedroom 2 bathroom | 2BR,2BA | $2.15 |
Legacy at Prescott Lakes | B2R | 2BR,2BA | $2.17 |
Terraces at Glassford Hill | Prickly Pear | 1BR,1BA | $1.98 |
1004 E Goodwin St | 2BR/1.0BA | 2BR,1BA | $1.74 |
The Flats at Jasper | 1A | 1BR,1BA | $2.37 |
Winfield at the Ranch | 1 Bed | 1BR,1BA | $2.23 |
Willow Creek Apartments | Studio | Studio ,1BA | $2.24 |
Prescott View Apartments | 1x1 | 1BR,1BA | $2.40 |
2051 Apartments | Lynx | Studio ,1BA | $2.77 |
Paramount of Prescott | Studio | Studio ,1BA | $2.47 |
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Best Local Schools in Prescott, AZ
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Getting Around Prescott, AZ
Walk Score®
44 / 100
Car-Dependent
Most errands require a car
Bike Score®
35 / 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
What is the Cheapest Studio apartment in Prescott?
Currently the most affordable Cheap Studio Apartment in Prescott is at Paramount of Prescott listed at $900.
How much is rent for a Cheap One Bedroom Prescott Apartment?
The lowest price for a Cheap One Bedroom Prescott Apartment is $1,475 at Prescott View 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 $1,445 at 1004 E Goodwin St.
What is the most affordable Prescott Three Bedroom Apartment?
The best deal on a cheap Prescott Three Bedroom Apartment rental is at Terraces at Glassford Hill and starts from $2,050.
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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.