What is the median rent in Prescott, AZ?

Name: Median rent in Prescott, 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, AZ is $1,395 (±$74) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 6,885 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Prescott, the median gross rent went from $893 in 2015–2019 to $1,395 in 2020–2024 (+56.2%).

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: $1,395 (±$74)
Rented homes: 6,885 (±530)
$2,000 or more: 19.2%
Since 2015–2019: +56.2%

How much rent costs in Prescott

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Prescott	Yavapai County	Arizona	United States
Less than $500	2.7% (±1.3 points)	7.3%	3.8%	6.3%
$500 to $999	21.2% (±3.9 points)	20.4%	15.4%	20.2%
$1,000 to $1,499	32.3% (±4.3 points)	31.3%	28.4%	28.1%
$1,500 to $1,999	24.6% (±4.3 points)	25.0%	27.9%	21.1%
$2,000 to $2,499	10.1% (±2.3 points)	10.3%	15.1%	12.0%
$2,500 to $2,999	1.9% (±1.0 points)	2.5%	5.5%	5.5%
$3,000 or more	7.2% (±2.2 points)	3.2%	3.9%	6.8%

The most common range is $1,000 to $1,499, paid by 32.3% of renting households.

19.2% of rented homes in Prescott cost $2,000 or more a month.

Prescott against Yavapai County, its state and the nation

Estimate (90% margin of error)
	Prescott	Yavapai County	Arizona	United States
Median gross rent	$1,395 (±$74)	$1,351 (±$45)	$1,543 (±$7)	$1,413
Rented homes paying rent	6,885 (±530)	25,443 (±1,256)	889,339 (±6,896)	42,849,984

In Prescott, median gross rent is not measurably different from Yavapai County ($1,351).

It is also lower than in Arizona ($1,543).

It is not measurably different from the national figure ($1,413).

In Yavapai County, Prescott ranks 5 of 19 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 48 of 178.

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

How rent in Prescott 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	$893 (±$47)	$1,395 (±$74)	+56.2%	Up after inflation
Households that rent	32.8% (±2.2 points)	32.0% (±2.1 points)	−0.8 percentage points	Not a measurable change
Rental vacancy rate	6.0% (±2.3 points)	1.9% (±1.6 points)	−4.1 percentage points	Measurable decrease

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

Nearest places with a published estimate, compared with Prescott
Place	Distance	Median gross rent	Compared with this place
Prescott	—	$1,395 (±$74)	—
Prescott Valley	7.3 mi	$1,580 (±$101)	Higher
Williamson	9.4 mi	$1,142 (±$86)	Lower
Chino Valley	10 mi	$1,248 (±$313)	Not measurably different
Dewey-Humboldt	12 mi	$1,340 (±$78)	Not measurably different
Wilhoit	16 mi	$875 (±$421)	Lower
Paulden	21 mi	$1,098 (±$173)	Lower
Jerome	22 mi	$957 (±$649)	Not measurably different
Spring Valley	24 mi	$774 (±$502)	Lower

Nearby places with a measurably lower figure: Williamson, AZ ($1,142), Wilhoit, AZ ($875), Paulden, AZ ($1,098).

Nearby places with a measurably higher figure: Prescott Valley, AZ ($1,580).

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)
9	Chino Valley	$1,248 (±$313)
10	Lake Montezuma	$1,238 (±$395)
11	Verde Village	$1,173 (±$88)

Showing 11 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.

What you can do on Seayora in Prescott

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Prescott, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Prescott beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Prescott, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Prescott

What is the average rent in Prescott, AZ?

The Census Bureau publishes the median rather than the average: the median gross rent in Prescott is $1,395 (±$74) 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?

In Prescott, the median gross rent went from $893 in 2015–2019 to $1,395 in 2020–2024 (+56.2%).

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 cost more than $2,000 a month?

19.2% of rented homes in Prescott have a gross rent of $2,000 or more a month, and 2.7% cost less than $500.

Is rent in Prescott higher than in Yavapai County?

In Prescott, median gross rent is not measurably different from Yavapai County ($1,351).

It is also lower than in Arizona ($1,543).

It is not measurably different from 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 city, Arizona (place:57380, 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.