9

Prescott, WI Homes for Rent

Section Image
  • /17

    Starting at $1,410 Per Month

    • 1 Bed

    1600 Pine St, Prescott, WI 54021

    Limited-Time Offer: FREE Applications + 1/2 OFF First Full TWO Months! (Valid until 9/30)These beautiful ground-level apartments are ideally located near local schools and just minutes from shopping, dining, and everyday essentials. Inside, you’ll find a thoughtfully designed open-concept layout featuring a modern kitchen with a center island, spacious pantry, granite countertops, and

    Pine Meadows

    1600 Pine St, Prescott, WI 54021
  • /60

    $3,500 Per Month

    • 3 Beds
    • 3 Baths
    • 2,452 Sq Ft
    • House for Rent

    N6493 1323rd St, Prescott, WI 54021

    *Available Now!* Don't miss out on this river front home! This beautiful home is in a nice private setting and features 3 bedrooms, 3 bathrooms, living room with large windows to enjoy the scenery, fireplace, spacious kitchen and dining room, sitting room/office, large windows throughout for plenty of natural light, large deck, 2 car attached garage, beach access, and great views! This is a NO

    N6493 1323rd St, Prescott, WI 54021

Why Live in Prescott

Prescott, WI, is a quaint town situated at the confluence of the St. Croix and Mississippi Rivers, offering a scenic and close-knit community feel with a population of under 5,000. The town's infrastructure has seen significant growth in recent years, adding to its appeal. Prescott features a mix of historic homes from the mid-1800s, midcentury ranch-style houses, Craftsman bungalows, and newer Modern Traditional homes in the southern subdivisions. The Prescott School District is highly rated, with Malone Elementary and Prescott Middle both earning strong marks. Outdoor activities are abundant, with boating and fishing being popular pastimes, and the town boasts several parks and a public golf course at Clifton Highlands. Prescott's main commercial area, Broad Street, is lined with eateries and boutiques, including the popular Kitchen Table for breakfast and Muddy Waters bar with live music. Boaters can dock at local restaurants like Two Rivers Lodge Bar and Grill. For commuters, U.S. Highway 10 and state Route 35 provide access to the Twin Cities, with a drawbridge connecting Prescott to Minnesota. The nearest big-box retailer is a Walmart Supercenter in Hastings, MN, just across the river.

Frequently Asked Questions

How much does it cost to rent a home in Prescott, WI?
The median rent for a home in Prescott, WI is $3,500 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Prescott, WI?
To comfortably afford the median rent in Prescott, WI, a household needs to earn roughly $140,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,500 per month in Prescott, WI, renters typically need to show $10,500 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Prescott, WI?
In Prescott, WI, the price-to-rent ratio is 9.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Prescott, WI are best for renting a home?
The best neighborhood for renting in Prescott, WI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Kinnickinnic, Downtown, Hastings-Marshan Township and Battle Creek, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$3,500
Median Single Family Home Rent
$3,500
Median Condo Rent
$925
How to Rent a Home