Prescott Valley-Prescott
Arizona ยท Ranked #293 of 373 metros
53Moderate
๐ก
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
๐$454K
Need $134K income
Median Rent
๐$1,442
Need $58K income
Building Permits
๐จ2,068
annual
Median Income
๐ฐ$67K
Pop: 287,874
Rent Burden
โ ๏ธ27.4%
of renters paying >30%
Homeownership
๐ก76.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Prescott Valley-Prescott | National |
|---|---|---|
| Price-to-Income Ratio | 6.75x | 6.1x |
| Rent Burden | 27.4% | 31.5% |
| Homeownership Rate | 76.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 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%