Cheap Apartments for Rent in Prescott, IA from $500 (43 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article
close
View Me
Maryville Meadows
2 to 3 Bedroom Apartments

Maryville Meadows

324 E Summit DrMaryville, MO 64468
close
View Me
303 W Lowell Ave
1 to 2 Bedroom Apartments

303 W Lowell Ave

303 W Lowell AveShenandoah, IA 51601
property at 940 27th St

940 27th St

ClarindaIA51632
close
View Me
University Point
2 Bedroom Apartments

University Point

1217 W 16th StMaryville, MO 64468
close
View Me
Osceola Heights
3 Bedroom Apartments

Osceola Heights

1809 Primrose LnOsceola, IA 50213
Showing Results 1-43, Page 1 of 1

Prescott, IA Local Guide

Cheapest Available Prescott Apartments for Rent and Nearby

 

The cheapest available apartment rental in Prescott, IA is a 1 Bed unit found at 1010 N 16th St priced from $725. Summit House Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $755. Here is today’s list of the most affordable Prescott apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1010 N 16th St1 bedroom unit1BR,1BA$725
Summit House Apartments2 Bedroom 1 Bathroom2BR,1BA$755
Forest Cove Apartments2x12BR,1BA$775
Sugar Creek Senior Apartment Community1x11BR,1BA$790
Center StageOpening ActStudio,1BA$815
Park Avenue Apartments2 Bed2BR,1BA$895
The Bridges2 Bedroom2BR,1BA$899
Mansions at Jordan CreekAshley I1BR,1BA$990
Fireside at WaukeeAshStudio,1BA$995
Lift at Jordan CreekAmplify1BR,1BA$999

Best Value Apartments for Rent in Prescott, IA and Nearby

As of April 28, 2025 the best value apartment in the Prescott area is the $0.98 price per square foot Timberline Model at Timberline Ridge in the starting from $2,350. The second greatest value Prescott apartment is the Platinum Pointe - 3 Bed Model at Platinum Pointe starting at $2,500 with a $1.04 price per square foot . 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.
Timberline RidgeTimberline3BR,3BA$0.98
Platinum PointePlatinum Pointe - 3 Bed3BR,3BA$1.04
Providence Lane Townhomes3 Bed 2.5 Bath Townhome3BR,2.5BA$1.14
Cascades at Jordan CreekThe Riverside With Attached Garage2BR,2BA$1.18
Twin Eagles by KadingVilla3BR,1BA$1.14
Lift at Jordan CreekAmplify1BR,1BA$1.22
Forest Cove Apartments2x12BR,1BA$0.95
Park Avenue Apartments2 Bed2BR,1BA$1.12
Summit House Apartments2 Bedroom 1 Bathroom2BR,1BA$0.95
1010 N 16th St1 bedroom unit1BR,1BA$1.29

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Prescott, IA Rentals by Map

Decorative image of map

See the most popular apartments and homes in Prescott, IA

View MapPrescott, IA Apartments MapView MapPrescott, IA Rental Homes Map

Getting Around Prescott, IA

Walk Score®

7 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

31 / 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 Center Stage listed at $815.

How much is rent for a Cheap One Bedroom Prescott Apartment?

The lowest price for a Cheap One Bedroom Prescott Apartment is $725 at 1010 N 16th St.

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 $755 at Summit House Apartments.

What is the most affordable Prescott Three Bedroom Apartment?

The best deal on a cheap Prescott Three Bedroom Apartment rental is at Forest Cove Apartments and starts from $899.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.