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from $900Studio to 1 Bedroom Apartments Available Now
Paramount of Prescott
135 N Montezuma StPrescott, AZ 86301
Cheap Apartments for Rent in the Downtown Prescott Neighborhood of Prescott, AZ from $700 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Prescott area of Prescott.
329 S Montezuma St
PrescottAZ86303
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
314 S Virginia St
PrescottAZ86303
109 W Carleton St
PrescottAZ86303
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.
129 N Pleasant St
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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Downtown Prescott, 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 Downtown Prescott?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Prescott Studio Apartments | $990 | $900 | $1,190 |
| Downtown Prescott 1 Bedroom Apartments | $1,547 | $950 | $1,750 |
| Downtown Prescott 2 Bedroom Apartments | $2,086 | $1,125 | $2,950 |
| Downtown Prescott 3 Bedroom Apartments | $1,550 | $1,550 | $1,550 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Downtown Prescott Neighborhood of Prescott, AZ.
See all Apartments in PrescottExplore Prescott
Downtown Prescott, Prescott, AZ Local Guide
- Nearby Prescott neighborhoods
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Cheapest Available Downtown Prescott Apartments for Rent
The cheapest available apartment rental in the Downtown Prescott area of Prescott, AZ is a Studio unit found at Paramount of Prescott priced from $900. 1004 E Goodwin St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,445. Here are the most affordable Downtown Prescott apartments for rent in Prescott, AZ:
| 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 Lakes Senior Apartments | Ironwood | 1BR,1BA | $1,640 |
Best Value Apartments for Rent in Downtown Prescott, AZ
As of May 17, 2025 the best value apartment in the Downtown 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 Downtown Prescott apartment is the 2BR/1.0BA Model at 1004 E Goodwin St starting at $1,445 with a $1.74 price per square foot in the Forbing Park neighborhood. Here is today’s list of the best values for Downtown 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 |
| 1004 E Goodwin St | 2BR/1.0BA | 2BR,1BA | $1.74 |
| Prescott Lakes Senior Apartments | Ironwood | 1BR,1BA | $3.35 |
| Paramount of Prescott | Studio | Studio ,1BA | $2.47 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Prescott, Prescott, AZ
Ranked #6
Among neighborhoods in Prescott, AZ for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Downtown Prescott, Prescott, AZ
Prescott Mile High Middle School
Prescott Unified District
Public School - Grades 6-8 (578)
4 out of 10
School data provided by Great Schools
Getting Around the Downtown Prescott Neighborhood in Prescott, AZ
Walk Score®
72 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
52 / 100
Bikeable
Some 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 Downtown Prescott Apartments
How much is rent for a Cheap One Bedroom Downtown Prescott Apartment?
The lowest price for a Cheap One Bedroom Downtown Prescott Apartment is $1,640 at Prescott Lakes Senior Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Prescott Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Prescott is starting from $1,445 at 1004 E Goodwin St.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
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.