Last updated on October 31, 2026

Average rent in
Prescott, AZ

Key takeaways for renters

  • The bottom line

    Prescott, AZ rent slipped 3.1% year over year, with a current median of $1,745/month. Renters today are paying $55 less per month on average than last year, continuing a downward trend since the peak of $1,895/month in November 2025.

  • Prescott is 8.2% more affordable than the $1,900/month national median, with 153 total rentals offering a smaller but accessible market for renters.

  • Price ranges

    Studios in Prescott rent for $1,113/month, 1-bedrooms for $1,595/month, 2-bedrooms for $1,545/month, 3-bedrooms for $2,350/month, and 4+ bedrooms for $3,000/month. These figures reflect the range renters face across bedroom sizes.

  • Neighborhood spotlight

    The 1-bedroom segment in Prescott climbed 11.9% year over year, diverging from the overall citywide decline. This rise contrasts with the general market trend and shows a specific area of rent growth.

Median rent

Median rent in Prescott

$1,745/mo

decreased by3%

vs previous year

The average rent in Prescott is $1,745 per month as of October 2026. This is 8% below the national average rent, or $155 less per month.

$1.36

average price per square foot

Total rentals

Available rentals in Prescott

153

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Prescott rentals at each price point

40%30%20%10%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Prescott, AZ

Average rent prices in Prescott have decreased by 3% over the last month and have decreased by 3% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Prescott, AZ

Rent prices in Prescott vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Prescott is $1,495, whereas a house costs $2,185. 1-bedroom apartments in Prescott run $1,700 on average, while 2-bedroom apartments are $1,445.

Listings

Studio

$1,113

11%

7%

1 bedroom

$1,595

5%

12%

2 bedroom

$1,545

No Change

3%

3 bedroom

$2,350

4%

6%

4 bedroom

$3,000

No Change

9%

Studio

Average rent

$1,113

Last 30 days

11%

Last year

7%

1 bedroom

Average rent

$1,595

Last 30 days

5%

Last year

12%

2 bedroom

Average rent

$1,545

Last year

3%

3 bedroom

Average rent

$2,350

Last 30 days

4%

Last year

6%

4 bedroom

Average rent

$3,000

Last year

9%

The table above reflects average rent prices in Prescott, AZ, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Prescott, AZ compare to other cities?

Compare median rent prices in Prescott and Anthem by all bedroom counts and property types.

Prescott

Median rent price$1,745
decreased by8%

lower than the national median

Median rent price$2,350
increased by24%

higher than the national median

Takeaway

The median rent for all rentals in Prescott, AZ is 26% lower than the median rent in Anthem, AZ.

Cost of living in Prescott, AZ

Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.

Expenses
accrued by most renters
Average cost
compared to national average
Goods & Services11% higher
Groceries1% higher
Health4% lower
Housing63% higher
Transportation3% higher
Utilities10% lower

Discover rentals in Prescott, AZ

278 S Hardin St #D - Photo 1 of 1

5d+ ago

Apartment for rent in Prescott

278 S Hardin St #D, Prescott, AZ 86303

2 beds

1 bath

$1,000

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
278 S Hardin St #C - Photo 1 of 1

5d+ ago

Apartment for rent in Prescott

278 S Hardin St #C, Prescott, AZ 86303

2 beds

1 bath

$1,000

Price dropped $125Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
301 W Merritt Street - Photo 1 of 1

1d ago

7.7

Very good

301 W Merritt Street

301 W Merritt St, Prescott, AZ 86301

2 beds

1 bath

$1,012

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
855 Gail Gardner Way #A - Photo 1 of 1

5d+ ago

House for rent in Prescott

Residential Lease, Prescott, AZ

855 Gail Gardner Way #A, Prescott, AZ 86305

2 beds

1 bath

$1,044

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Prescott, AZ

Quick answers to common questions about the Prescott rental market.

How much is rent in Prescott?

The average rent in Prescott is $1,745 per month as of October 24, 2026.

Is rent up or down in Prescott?

Average rent prices in Prescott have decreased by 3% over the last month and have decreased by 3% since last year.

How does Prescott rent compare to the national average?

Rent in Prescott is 8% below the national average, which means renters are paying approximately $155 less per month.

What salary do I need to afford rent in Prescott?

To comfortably afford rent in Prescott, you'd need to earn approximately $70,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Prescott?

Based on Zumper's data, fall months like October and November offer the best opportunities with reduced competition and lower demand, while April sees the highest competition with roughly 10% higher rents than the most affordable months.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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