Last updated July 10, 2026

Average Rent in Prescott & Rent Trends

Rent prices and market trends across 4 apartment communities in Prescott, Oakland, CA. Updated daily.

Area All Areas Prescott Downtown Oakland Montclair Business Temescal

Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed 4 Bed

Market Average

$3,932/mo

Lowest Available

$2,134/mo

cheapest unit on market

Communities

tracked daily

Units Listed

available now

Price Cuts This Week in Prescott

21 listed units across 1 building in Prescott dropped their asking rent in the past 7 days, an average cut of $55/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment	Unit	Last Week	Now	Cut
Atlas Apartments	Unit 3212, Lafayette	$5,952	$5,896	$56
Atlas Apartments	Unit 0411, Lincoln	$4,821	$4,766	$55
Atlas Apartments	Unit 0445P, Claremont	$4,606	$4,551	$55
Atlas Apartments	Unit 0463P, Claremont	$4,666	$4,611	$55
Atlas Apartments	Unit 0531P, Montclair	$4,466	$4,411	$55
Atlas Apartments	Unit 0581P, Montclair	$4,491	$4,436	$55
Atlas Apartments	Unit 0645P, Claremont	$4,736	$4,681	$55
Atlas Apartments	Unit 0711, Lincoln	$4,866	$4,811	$55

See today's prices on all 70 listed units

Prescott vs Oakland, CA Average

Prescott is more expensive the Oakland, CA average by $353/mo (10%). The citywide average is $3,579/mo across all neighborhoods.

Is Rent Going Up or Down in Prescott?

As of July 2026, the average rent in Prescott is $3,932 per month across 4 apartment communities and 70 available units.

The most affordable option is Eleven Fifty Clay starting at $2,134/mo. By unit type, a studio averages $2,644/mo, a 1-bedroom averages $3,429/mo, a 2-bedroom averages $4,828/mo, a 3-bedroom averages $2,792/mo.

Prices range from $2,134 to $6,021 per month. The most common price point is the $3,800 range, where 9 units are currently listed.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Prescott

Studio

$2,644

from $2,134 · 6 units

1 Bed

$3,429

from $2,155 · 34 units

2 Bed

$4,828

from $2,488 · 29 units

3 Bed

$2,792

from $2,792 · 1 units

Rent Prices by Apartment in Prescott

Property	Starting at	Average	Units	Rating
Eleven Fifty Clay	$2,134/mo	$2,592/mo	5	4.6
Modera Jack London Square	$2,155/mo	$2,738/mo	5	4.4
Fourth Street East Apartments	$2,632/mo	$3,425/mo	16	4.1
Atlas Apartments	$2,866/mo	$4,405/mo	44	4.5

Frequently Asked Questions About Rent in Prescott

What is the average rent in Prescott?

The average rent in Prescott is $3,932 per month as of July 2026, based on 70 units across 4 apartment communities.

Is rent going up or down in Prescott?

The current average rent in Prescott is $3,932/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Prescott?

The most affordable apartment in Prescott is Eleven Fifty Clay with units starting at $2,134/mo.

How much is a 1-bedroom apartment in Prescott?

A 1-bedroom apartment in Prescott averages $3,429/mo, with prices starting at $2,155/mo across 34 available units.

How many apartments are available in Prescott?

There are 70 units available across 4 apartment communities in Prescott.

What salary do I need to live comfortably in Prescott?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$157,000/year

Based on the 30 percent rule, using our tracked average rent of $3,932/mo.

Comfortable income

$189,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($2,134/mo), you need to earn at least $85,000/year.

Median household income in Prescott is $97,369 , about 48% below the comfortable-living threshold.

Cost of living in Prescott

Overall prices in Prescott runs above the national average by about 18% (BEA Regional Price Parity index 117.6, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Prescott's regional price parities.

Category	Monthly estimate	Source
Rent (market average)	$3,932	daily refresh
Utilities	$861	BLS × BEA RPP
Groceries	$622	BLS × BEA RPP
Transportation	$2,051	BLS × BEA RPP
Healthcare	$1,001	BLS × BEA RPP
Other goods and services	$1,601	BLS × BEA RPP
Estimated total	$10,068/mo	$120,811/year

Population

438,072

Median household income

$97,369

Census median rent

$1,917/mo

Rent as % of income

30.5%

Median age

37.6

Mean commute

31 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

California Rent Trends

Compare rent across all California cities

Explore Oakland, CA on Map

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US-wide rent comparison

See how Oakland, CA rents stack up against the national median