Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Prescott city, Arizona?
City · Census ACS 5-Year estimates
The median gross rent in Prescott city, Arizona is $1,395/month (±$74), based on Census ACS 5-Year estimates (2024). The median home value is $564,100 (±$18,495), and the median household income is $70,874/year. The unemployment rate in Yavapai County, Arizona was 4.4% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Prescott city, Arizona
| Metric | Value |
|---|---|
| Median Gross Rent | $1,395 |
| Median Home Value | $564,100 |
| Median Household Income | $70,874 |
| Total Housing Units | 22,793 |
| Renter-Occupied Units | 7,293 |
| Renter-Occupied Share | 32% |
| Households Paying 50%+ Income | 2,173 households |
| Unemployment Rate(April 2026) | 4.4% |
How does Prescott city, Arizona compare?
Median gross rent ranked against all cities in Arizona.
Higher rent than 80% of cities in Arizona · 49th of 235
| # | City | Value |
|---|---|---|
| 1 | Paradise Valley town | $3,501 |
| 2 | Citrus Park CDP | $2,863 |
| 3 | Saddlebrooke CDP | $2,774 |
| … 45 more … | ||
| 49 | Prescott city(you are here) | $1,395 |
| … 183 more … | ||
| 233 | Bylas CDP | $354 |
| 234 | Cactus Flats CDP | $239 |
| 235 | Chilchinbito CDP | $233 |
More data for Prescott city, Arizona
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Frequently asked questions
What is the average rent in Prescott city, Arizona?
The median gross rent in Prescott city, Arizona is $1,395/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Prescott city, Arizona?
The median rent for a 2-bedroom in Prescott city, Arizona is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Prescott city, Arizona?
The median home value in Prescott city, Arizona is $564,100 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Prescott city are rent-burdened?
In Prescott city, Arizona, 2,173 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Prescott city, Arizona?
The median household income in Prescott city, Arizona is $70,874/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,395 has a margin of error of ±$74. In very small areas, MOEs can be large relative to the estimate.
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