What percentage of people rent in Prescott, AZ?
32.0% (±2.1 points) of the occupied homes in Prescott, AZ are rented (2020–2024 American Community Survey).
That is 7,293 renting households against 15,500 that own their home.
In Prescott, the share of households that rent went from 32.8% in 2015–2019 to 32.0% in 2020–2024 (−0.8 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 32.0% (±2.1 points)
- Renting households
- 7,293 (±534)
- Median renter income
- $48,078 (±$8,770)
Who rents and who owns in Prescott
| Prescott | Yavapai County | Arizona | United States | |
|---|---|---|---|---|
| Renter-occupied share | 32.0% (±2.1 points) | 24.9% (±1.2 points) | 32.6% (±0.3 points) | 34.8% |
| Renting households | 7,293 (±534) | 27,716 (±1,353) | 931,983 (±7,038) | 45,017,354 |
| Owning households | 15,500 (±552) | 83,441 (±1,402) | 1,924,098 (±9,729) | 84,210,142 |
| Average renter household size | 1.8 (±0.1) | 2.1 (±0.1) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.0 (±0.1) | 2.2 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $48,078 (±$8,770) | $53,668 (±$3,851) | $57,682 (±$588) | $52,966 |
| Median owner household income | $86,203 (±$5,906) | $77,724 (±$1,899) | $94,251 (±$543) | $100,009 |
In Prescott, the renter share is higher than in Yavapai County (24.9%).
It is not measurably different from Arizona (32.6%).
It is lower than the national figure (34.8%).
In Yavapai County, Prescott ranks 5 of 21 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 65 of 213.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Prescott has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 32.8% (±2.2 points) | 32.0% (±2.1 points) | −0.8 percentage points | Not a measurable change |
| Median gross rent | $893 (±$47) | $1,395 (±$74) | +56.2% | Up after inflation |
| Median household income | $55,734 (±$3,096) | $70,874 (±$4,899) | +27.2% | No measurable change after inflation |
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.
Households that rent in places near Prescott
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Prescott | — | 32.0% (±2.1 points) | — |
| Prescott Valley | 7.3 mi | 27.7% (±2.5 points) | Lower |
| Williamson | 9.4 mi | 7.9% (±3.1 points) | Lower |
| Chino Valley | 10 mi | 16.9% (±4.8 points) | Lower |
| Dewey-Humboldt | 12 mi | 11.2% (±4.4 points) | Lower |
| Wilhoit | 16 mi | 19.1% (±11.8 points) | Lower |
| Paulden | 21 mi | 7.1% (±6.0 points) | Lower |
| Jerome | 22 mi | 46.6% (±17.8 points) | Not measurably different |
| Spring Valley | 24 mi | 25.2% (±11.7 points) | Not measurably different |
Nearby places with a measurably lower figure: Prescott Valley, AZ (27.7%), Williamson, AZ (7.9%), Chino Valley, AZ (16.9%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Yavapai County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Bagdad | 95.1% (±6.0 points) |
| 2 | Jerome | 46.6% (±17.8 points) |
| 3 | Cottonwood | 46.4% (±6.2 points) |
| 4 | Lake Montezuma | 34.8% (±10.4 points) |
| 5 | Prescott | 32.0% (±2.1 points) |
| 6 | Village of Oak Creek (Big Park) | 30.7% (±8.5 points) |
| 7 | Prescott Valley | 27.7% (±2.5 points) |
| 8 | Sedona | 27.4% (±4.5 points) |
| 9 | Spring Valley | 25.2% (±11.7 points) |
| 10 | Clarkdale | 25.1% (±8.8 points) |
| 11 | Camp Verde | 23.8% (±6.2 points) |
Showing 11 of 21 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.
Questions about Prescott
How many renters are there in Prescott?
Prescott has an estimated 7,293 (±534) renting households, 32.0% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Prescott?
In Prescott, the share of households that rent went from 32.8% in 2015–2019 to 32.0% in 2020–2024 (−0.8 percentage points), not a measurable change.
How big are renting households in Prescott?
A renting household in Prescott has 1.8 people on average, against 2.0 in an owned home.
How much do renters earn in Prescott?
The median renting household in Prescott, AZ has an income of $48,078 (±$8,770) a year, against $86,203 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Prescott city, Arizona
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Prescott city, Arizona
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Prescott city, Arizona
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Prescott city, Arizona
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Prescott city, Arizona
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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) and detailed tables (acs/acs5) 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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.
Figures last updated on .
Related
- Housing in Prescott at a glance
- Median rent in Prescott
- Rent by bedrooms in Prescott
- Rent burden in Prescott
- Income and affordability in Prescott
- Home values in Prescott
- Homeowner costs in Prescott
- Property taxes in Prescott
- Types of homes in Prescott
- Bedrooms in Prescott
- Age of homes in Prescott
- Vacancy rate in Prescott
- Heating fuel in Prescott
- Commute and cars in Prescott
- Crime reported to police in Prescott
- Population growth in Prescott
- How long people stay in Prescott
- Crowding and facilities in Prescott
- Arizona landlord and tenant rules
- Housing across Yavapai County
- Arizona places ranked by share of renters
- Housing data for every place in Arizona