Rentometer, Inc. | Data as of 10/23/2025
Prescott ValleyâPrescott, AZ, offers a vibrant Metro lifestyle framed by the scenic high desert and the foothills of the Bradshaw Mountains. Residents enjoy easy access to historic downtown Prescott with its beloved Whiskey Row, the sprawling Prescott National Forest, and yearâround community events such as the Rodeo and the SummerâŻFestival. The areaâs blend of outdoor recreation, cultural attractions, and a friendly smallâtown feel makes it a soughtâafter destination for renters seeking both convenience and natural beauty.
The rental market here is diverse, providing a mix of modern apartments and spacious singleâfamily homes. For apartment seekers, studios typically fall in the $1400s, while oneâbedroom units hover around the $1500â$1600 range, and twoâbedroom options often edge into the $1800â$1900 bracket. Larger threeâbedroom apartments can reach the $2500s, with premium fourâplusâbedroom units offering upscale living in the $2200â$2300 range. Home renters find comparable flexibility: studios are generally priced in the $1700s, oneâbedroom homes sit near the $1500 range, and twoâbedroom houses trend around $2100â$2200. For larger families, threeâbedroom homes average in the $2500s and fourâplusâbedroom houses command rents in the $3000+ segment.
Neighborhoods such as GraniteâŻDells, BigâŻSky, and Pronghorn provide distinct living experiencesâfrom quiet, familyâfriendly subdivisions to vibrant, amenityârich communities with resortâstyle pools and fitness centers. Proximity to major highways, shopping centers, and quality schools further enhances the appeal, making Prescott ValleyâPrescott an inviting place to call home for professionals, retirees, and outdoor enthusiasts alike.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,420 | $1,486 | $1,250 - $1,525 | $1,350 - $1,500 |
| Apartment | 1 Bedroom | $1,577 | $1,663 | $700 - $1,995 | $1,550 - $1,750 |
| Apartment | 2 Bedroom | $1,889 | $1,863 | $1,140 - $3,500 | $1,600 - $2,150 |
| Apartment | 3 Bedroom | $2,470 | $2,402 | $1,750 - $3,495 | $2,245 - $2,595 |
| House | Studio | $1,950 | $1,725 | $1,595 - $2,757 | $1,600 - $2,757 |
| House | 1 Bedroom | $1,536 | $1,495 | $1,000 - $2,300 | $1,350 - $1,810 |
| House | 2 Bedroom | $2,225 | $2,000 | $1,165 - $5,400 | $1,575 - $2,700 |
| House | 3 Bedroom | $2,572 | $2,350 | $225 - $7,500 | $2,100 - $2,900 |
| House | 4+ Bedroom | $3,787 | $3,150 | $1,950 - $14,950 | $2,600 - $4,000 |
In the current period, the average rent in Prescott Valley-Prescott, AZ was $1,584 for Studio, $1,563 for 1 Bedroom, $2,116 for 2 Bedroom, $2,567 for 3 Bedroom, and $3,711 for 4+ Bedroom.
Data provided by Rentometer, Inc.