Average Rent in Prescott Valley, AZ (2026)
The average 1-bedroom rent in Prescott Valley, AZ is $1,398/month as of 2026, based on HUD data across 10 ZIP codes. Rents have changed -0.8% year over year. Rents range from $1,210 to $1,970.
Average Rent · 1-Bedroom
$1,398/mo
Source: HUD Fair Market Rent · 10 zip codes
Year-over-Year
↓ -0.8%
Source: Apartment List, Zillow ZORI, HUD Fair Market Rent
Data through
The average 1-bedroom rent in Prescott Valley, AZ is $1,398/month according to HUD FY2026 Fair Market Rent data, covering 10 ZIP codes. Rents have decreased 0.8% year-over-year. The average 1-bedroom rent in Prescott Valley is 17% above the national average of $1,196/month.
Average rent in Prescott Valley, AZ ranges from $1,210 to $1,970 across 10 ZIP codes.
Based on local market data, a fair rent increase in Prescott Valley, AZ is approximately 0.8% for 2026. An increase above 0.8% exceeds the local market trend and may be worth negotiating.
Key Facts
Sources: Apartment List, Zillow ZORI, HUD Fair Market Rent, HUD SAFMR, Rentcast. Updated February 2026.
How much is rent in Prescott Valley, AZ?
The average 1-bedroom rent in Prescott Valley, AZ is $1,398/month as of 2026, based on HUD data across 10 ZIP codes. Rents range from $1,210 to $1,970 depending on neighborhood — a $760/month spread. To afford this at the 30% rule, a household would need approximately $55,920/year.
Is rent going up in Prescott Valley?
Rents in Prescott Valley have decreased 0.8% year over year based on local market data. Declining rents may give renters leverage when negotiating renewals.
What is a fair rent increase in Prescott Valley?
Based on local market data, a rent increase around 0.8% is in line with the Prescott Valley market for 2026. An increase above that level exceeds the local trend and may be worth pushing back on. Check your specific increase with RenewalReply's free rent analysis tool.
Rent Trends in Prescott Valley
-0.8%
Rents in Prescott Valley are cooling at -0.8% year-over-year.
ℹ Limited data
Market sources range from -3.4% to +2.6%
Why the range? Zillow ZORI tracks what landlords are asking for units (+2.6%), while Apartment List tracks what renters actually sign leases at (-3.4%).Landlords are asking more than renters are paying — this suggests renters may have negotiating leverage in Prescott Valley right now.
Sources: Apartment List, Zillow ZORI, HUD Fair Market Rent
What Should Rent Cost in Prescott Valley?
Typical rent ranges based on HUD benchmarks and market data. In areas with limited listing data, ranges reflect federal benchmarks and may be wider than actual market conditions.
A studio in Prescott Valley typically rents for $1,205 – $1,301.
Rents above $1,496 are in the top 25% for this area.
A 1-bedroom in Prescott Valley typically rents for $1,398 – $1,510.
Rents above $1,736 are in the top 25% for this area.
A 2-bedroom in Prescott Valley typically rents for $1,749 – $1,889.
Rents above $2,172 are in the top 25% for this area.
A 3-bedroom in Prescott Valley typically rents for $2,432 – $2,627.
Rents above $3,021 are in the top 25% for this area.
A 4-bedroom in Prescott Valley typically rents for $2,666 – $2,879.
Rents above $3,311 are in the top 25% for this area.
Federal Rent Benchmarks for Prescott Valley
HUD Fair Market Rents are federal rent benchmarks published annually by HUD. They provide a consistent baseline for comparing rents across areas.
Studio
$1,205
HUD Fair Market Rent
1-Bedroom
$1,398
HUD Fair Market Rent
2-Bedroom
$1,749
HUD Fair Market Rent
3-Bedroom
$2,432
HUD Fair Market Rent
4-Bedroom
$2,666
HUD Fair Market Rent
Source: HUD SAFMR FY2026 · Updated
Zip Codes in Prescott Valley
Click any zip code for detailed rent data including zip-specific SAFMR rates, nearby comparables, and a free rent increase check.
SAFMR rates are zip-specific.
How Does Prescott Valley Compare?
Questions about rent in Prescott Valley
What is the average 1-bedroom rent in Prescott Valley, AZ?
The average 1-bedroom fair market rent in Prescott Valley, AZ is $1,398/month as of 2026, based on HUD rent data across 10 ZIP codes in the city. This is 17% above the national average of $1,196/month. Rents range from $1,210 to $1,970 depending on ZIP code.
What is a fair rent increase in Prescott Valley?
A rent increase up to about 0.8% is broadly in line with the recent market trend in Prescott Valley. Increases above that level are above trend and should be tested against neighborhood-level pricing and comparable rentals. The current average 1-BR rent is $1,398/month.
Are rents going up or down in Prescott Valley?
Rents in Prescott Valley have decreased 0.8% year over year based on local market data. This reflects local market conditions across 10 ZIP codes in the Prescott Valley-Prescott, AZ MSA area.
How much do rents vary across Prescott Valley?
1-bedroom rents across Prescott Valley range from $1,210 to $1,970 on this page, a $760/month spread. This shows that rent can vary materially across ZIP codes within the same city, reflecting neighborhood-level differences in housing stock and demand.
Can my landlord raise my rent in Prescott Valley?
We could not identify a city-specific rent cap for Prescott Valley. Landlords must still follow applicable state and local notice rules before raising rent at lease renewal. Requirements vary — check your state's landlord-tenant statute for specifics on notice periods and timing.
How much should I spend on rent in Prescott Valley?
The general guideline is to spend no more than 30% of your gross income on rent. With average 1-bedroom rent in Prescott Valley at $1,398/month, a household would need approximately $55,920/year in gross income to afford this comfortably. Many renters in high-cost areas spend above this threshold — our free tool can help you assess whether your specific rent is fair for your ZIP code.
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Renter Tools
Browse Prescott Valley ZIP Codes
See rent data by ZIP code in this city.
Renter Guides
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- What Should I Pay for Rent? →
How to compare rent prices and know if you're getting a fair deal.
Market data updated monthly from public and third-party sources. Actual rents vary by unit, building, and lease terms. For informational purposes only — not legal or financial advice. See methodology →