Paramount of Prescott
135 N Montezuma St,
Prescott, AZ 86301
$900 - $1,400 | Studio - 1 Bed
Downtown Prescott
Prescott, AZ
Downtown Prescott - Prescott, AZ
Area Guide
Discover the spirit of the Old West
Historic
•
Walkable
•
Forest
•
Mountains
•
Festivals
•
Events
•
Shops
•
Restaurants
•
Entertainment
•
Tucked between the Prescott National Forest and Coconino National Forest, Prescott's landscape is stunning, from its rugged mountains to its red rocks. Downtown Prescott is just as inviting with its historic architecture and wide sidewalks lined with art galleries, boutiques, and restaurants. Downtown Prescott is very walkable, adorned with shade trees and sidewalk cafes. Thanks to its year-round great weather, Downtown Prescott offers year-round entertainment with several festivals and events. Some of these include the Mountain Artists Guild Fine Art & Wine Festival, the Prescott Rodeo Days Fine Art & Crafts Show, the Prescott Frontier Days Parade, Faire on the Square, and the Fine Art & Crafts Festival.
Downtown Prescott's "Whiskey Row" (named for the number of saloons that used to line the streets back in the 1800s) is considered the most historic section of the city. The Palace, which was built in 1870 and served such patrons as Wyatt Earp and Doc Holliday, is still serving up drinks as Arizona's oldest frontier saloon. Whiskey Row is located along South Montezuma Street across from the Yavapai County Courthouse and the Courthouse Plaza. Other great destinations include the Sharlot Hall Museum, Smoki Museum, and Prescott National Forest -- home to 450 miles of hiking trails, campgrounds, and areas for fishing and boating.
Rent Trends
As of March 2025, the average apartment rent in Downtown Prescott is $933 for a studio, $1,015 for one bedroom, $1,463 for two bedrooms, and $1,129 for three bedrooms. Apartment rent in Downtown Prescott has increased by 1.2% in the past year.
-
Studio
-
125 sq ft
Average Sq Ft
-
$933/month
Average Rent
-
1 BR
-
498 sq ft
Average Sq Ft
-
$1,015/month
Average Rent
-
2 BR
-
938 sq ft
Average Sq Ft
-
$1,463/month
Average Rent
-
3 BR
-
1,236 sq ft
Average Sq Ft
-
$1,129/month
Average Rent
Transportation
72
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
52
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Points of Interest
Shopping Centers
Parks and Recreation
- Prescott National Forest
- A.C. Williams Granite Creek Park
- Acker Park
- Stricklin Park
- Goldwater Lake
Military Bases
Top Apartments in Downtown Prescott
Houses for Rent in Downtown Prescott
Property Management Companies
Greystar
-
3,220
Communities
-
893,527
Units
-
828
Cities
Willow Bridge
-
698
Communities
-
188,543
Units
-
315
Cities
AMC
-
648
Communities
-
127,069
Units
-
257
Cities
RPM
-
620
Communities
-
163,328
Units
-
235
Cities
FPI Management
-
614
Communities
-
105,379
Units
-
215
Cities
Cushman & Wakefield
-
546
Communities
-
125,797
Units
-
278
Cities
Search Nearby Rentals
Nearby City Rentals
Nearby Neighborhood Rentals
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.