What is the median rent in Prescott Valley, AZ?

Name: Median rent in Prescott Valley, AZ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in Prescott Valley, AZ is $1,580 (±$101) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 5,518 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Prescott Valley, the median gross rent went from $992 in 2015–2019 to $1,580 in 2020–2024 (+59.3%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on November 12, 2026.

Median gross rent: $1,580 (±$101)
Rented homes: 5,518 (±533)
$2,000 or more: 24.1%
Since 2015–2019: +59.3%

How much rent costs in Prescott Valley

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Prescott Valley	Yavapai County	Arizona	United States
Less than $500	1.3% (±1.0 points)	7.3%	3.8%	6.3%
$500 to $999	16.1% (±3.9 points)	20.4%	15.4%	20.2%
$1,000 to $1,499	27.7% (±5.2 points)	31.3%	28.4%	28.1%
$1,500 to $1,999	30.9% (±6.5 points)	25.0%	27.9%	21.1%
$2,000 to $2,499	21.2% (±5.0 points)	10.3%	15.1%	12.0%
$2,500 to $2,999	1.6% (±1.5 points)	2.5%	5.5%	5.5%
$3,000 or more	1.3% (±0.9 points)	3.2%	3.9%	6.8%

The most common range is $1,500 to $1,999, paid by 30.9% of renting households.

24.1% of rented homes in Prescott Valley cost $2,000 or more a month.

Prescott Valley against Yavapai County, its state and the nation

Estimate (90% margin of error)
	Prescott Valley	Yavapai County	Arizona	United States
Median gross rent	$1,580 (±$101)	$1,351 (±$45)	$1,543 (±$7)	$1,413
Rented homes paying rent	5,518 (±533)	25,443 (±1,256)	889,339 (±6,896)	42,849,984

In Prescott Valley, median gross rent is higher than in Yavapai County ($1,351).

It is not measurably different from Arizona ($1,543).

It is higher than the national figure ($1,413).

In Yavapai County, Prescott Valley ranks 2 of 19 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 38 of 178.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Prescott Valley has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$992 (±$50)	$1,580 (±$101)	+59.3%	Up after inflation
Households that rent	32.2% (±2.4 points)	27.7% (±2.5 points)	−4.5 percentage points	Measurable decrease
Rental vacancy rate	4.3% (±2.7 points)	2.4% (±1.6 points)	−1.9 percentage points	Not a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Prescott Valley

Nearest places with a published estimate, compared with Prescott Valley
Place	Distance	Median gross rent	Compared with this place
Prescott Valley	—	$1,580 (±$101)	—
Dewey-Humboldt	6.8 mi	$1,340 (±$78)	Lower
Prescott	7.3 mi	$1,395 (±$74)	Lower
Chino Valley	11 mi	$1,248 (±$313)	Lower
Williamson	14 mi	$1,142 (±$86)	Lower
Jerome	16 mi	$957 (±$649)	Not measurably different
Clarkdale	18 mi	$1,321 (±$305)	Not measurably different
Spring Valley	20 mi	$774 (±$502)	Lower
Verde Village	20 mi	$1,173 (±$88)	Lower

Nearby places with a measurably lower figure: Dewey-Humboldt, AZ ($1,340), Prescott, AZ ($1,395), Chino Valley, AZ ($1,248).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Yavapai County, place by place

Rank	Place	Median gross rent
1	Village of Oak Creek (Big Park)	$1,786 (±$87)
2	Prescott Valley	$1,580 (±$101)
3	Cornville	$1,560 (±$376)
4	Sedona	$1,448 (±$192)
5	Prescott	$1,395 (±$74)
6	Dewey-Humboldt	$1,340 (±$78)
7	Clarkdale	$1,321 (±$305)
8	Cordes Lakes	$1,312 (±$180)

Showing 8 of 19 places in Yavapai County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Prescott Valley

What is the average rent in Prescott Valley, AZ?

The Census Bureau publishes the median rather than the average: the median gross rent in Prescott Valley is $1,580 (±$101) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Prescott Valley?

In Prescott Valley, the median gross rent went from $992 in 2015–2019 to $1,580 in 2020–2024 (+59.3%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

How many rentals in Prescott Valley cost more than $2,000 a month?

24.1% of rented homes in Prescott Valley have a gross rent of $2,000 or more a month, and 1.3% cost less than $500.

Is rent in Prescott Valley higher than in Yavapai County?

In Prescott Valley, median gross rent is higher than in Yavapai County ($1,351).

It is not measurably different from Arizona ($1,543).

It is higher than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Prescott Valley town, Arizona (place:57450, in state:04).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.