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from $900Studio to 1 Bedroom Apartments Available May 1
Paramount of Prescott
135 N Montezuma StPrescott, AZ 86301
Cheap Apartments for Rent in Prescott, AZ from $700 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in Prescott.
313 N Mt Vernon Ave
PrescottAZ86301
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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.
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Prescott, AZ Local Guide
Willow Lake by Scottb211 is licensed under CC BY 2.0
How much does it cost to rent an apartment in Prescott?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Prescott Studio Apartments | $1,529 | $900 | $1,675 |
| Cheap Prescott 1 Bedroom Apartments | $1,832 | $1,230 | $2,927 |
| Cheap Prescott 2 Bedroom Apartments | $2,215 | $1,315 | $3,302 |
| Cheap Prescott 3 Bedroom Apartments | $2,174 | $2,030 | $2,335 |
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Prescott, AZ Local Guide
- Prescott Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Prescott, AZ
Pricing Updated: 04/18/2025Current apartment rentals in the Prescott, AZ area range in price from $900 to $4,665 with an overall median price of $1,820. The three Prescott neighborhoods with the lowest median rent pricing are Miller Valley at $900, Whiskey Row at $900, and Wildwood Estates at $900. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Prescott Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Miller Valley | $1,450 | $900 | 12 |
| Whiskey Row | $1,450 | $900 | 14 |
| Wildwood Estates | $1,700 | $900 | 16 |
| Downtown Prescott | $1,841 | $900 | 17 |
| Forbing Park | $2,205 | $900 | 40 |
| Diamond Valley | $2,277 | $1,415 | 133 |
Best Value Apartments for Rent in Prescott, AZ
As of April 18, 2025 the best value apartment in the Prescott area is the $2.17 price per square foot B2R Model at Legacy at Prescott Lakes in the in the Diamond Valley neighborhood starting from $1,980. The second greatest value Prescott apartment is the 1A Model at The Flats at Jasper starting at $1,804 with a $2.37 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. |
|---|---|---|---|
| Legacy at Prescott Lakes | B2R | 2BR,2BA | $2.17 |
| The Flats at Jasper | 1A | 1BR,1BA | $2.37 |
| Terraces at Glassford Hill | Desert Willow | 1BR,1BA | $2.16 |
| Winfield at the Ranch | 1 Bed | 1BR,1BA | $2.17 |
| Willow Creek Apartments | Studio | Studio ,1BA | $2.24 |
| Prescott View Apartments | 1x1 | 1BR,1BA | $2.40 |
| 2051 Apartments | Lynx | Studio ,1BA | $2.77 |
| Prescott Lakes Senior Apartments | Ironwood | 1BR,1BA | $3.38 |
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Best Local Schools in Prescott, AZ
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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 Willow Creek Apartments listed at $1,500.
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 $1,675 at Terraces at Glassford Hill.
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
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.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.