Prescott Valley-Prescott

Arizona ยท Ranked #293 of 373 metros

53Moderate
๐Ÿ’ก
Housing in Prescott Valley-Prescott costs 6.75ร— the median income, above the national average of 4.5ร—. The median home price is $454K and median rent is $1,442/month. Prescott Valley-Prescott ranks #293 of 373 metros for affordability.

Median Home Price

๐Ÿ 

$454K

Need $134K income

Median Rent

๐Ÿ”‘

$1,442

Need $58K income

Building Permits

๐Ÿ”จ

2,068

annual

Median Income

๐Ÿ’ฐ

$67K

Pop: 287,874

Rent Burden

โš ๏ธ

27.4%

of renters paying >30%

Homeownership

๐Ÿก

76.0%

Rent Burden

vs. National Average

Key Facts vs. National Average

MetricPrescott Valley-PrescottNational
Price-to-Income Ratio6.75x6.1x
Rent Burden27.4%31.5%
Homeownership Rate76.0%65.5%
YoY Rent Change0%+2.8%
Mortgage Denial Rate0.0%13.5%
Eviction Rate0.0%3.6%

HUD Fair Market Rents (FY2026)

Section 8 voucher payment standards

Studio$1,129/mo
1 Bedroom$1,309/mo
2 Bedroom$1,637/mo
3 Bedroom$2,277/mo
4 Bedroom$2,497/mo

Zillow Market Data

Rent (ZORI)

$1,852/mo

1yr: +1.0%5yr: +29.7%

Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.

Redfin Market Activity

Median Sale Price

$387K

Active Inventory

92

Days on Market

42

Sold Above List

0.0%

Price Drops

14.1%