Homes & Apartments for Rent in Prescott Valley, AZ

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What to Know About

Life in Prescott Valley & Beyond

Prescott Valley shares many of the great qualities that make Arizona a desirable place to live.

Arizona is where the beauty of nature and the richness of culture collide. From the majestic red rocks of Sedona to the vibrant streets of Phoenix, Arizona is a state like no other. Explore its diverse cultural offerings by visiting historical landmarks such as the Heard Museum and the Pueblo Grande Museum & Archaeological Park. And for those seeking higher education, this is the place for renowned universities like Arizona State University and the University of Arizona, one of the largest research universities in the United States. In addition, Arizona's economy is ever-growing thanks to the industries of technology, tourism, and agriculture.

Adventure seekers and sports enthusiasts will find no shortage of activities in Arizona. Explore the Grand Canyon, go for a hike in the many scenic state parks, cheer on the Arizona Cardinal (NFL), Arizona Coyotes (NHL), Arizona Diamondbacks (MLB), and Phoenix Suns (NBA), or watch exciting college sports games at the state's universities. In addition, appreciate famous attractions like the Saguaro National Park, the Petrified Forest National Park, and the historic city of Tombstone.

A desert oasis of adventure and discovery, Arizona is a great place to call home for those seeking an exciting and relaxing lifestyle.

Rental Market Trends

Prescott Valley, AZ

As of May 2026, Prescott Valley's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Prescott Valley's average rent is 17.8% ($297) higher than the Arizona average of $1,669 and 9.9% ($177) higher than the U.S. average of $1,789.

Average Rent
$1,966
Monthly ChangeMonth Over Month Change
Decreased0.6% ($11)
Yearly ChangeYear Over Year Change
Increased40.7% ($569)
Avg. Days on MarketAverage Days on Market
26
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,294 Increased2.9% ($37) Decreased5.5% ($75)
2 Beds $1,528 Increased0.3% ($4) Decreased9% ($151)
3 Beds $2,103 Decreased2.2% ($48) Decreased1.6% ($34)
Nearby Cities Average Rent Avg. Rent vs. Prescott ValleyAverage Rent vs. Prescott Valley Avg. Days on MarketAverage Days on Market
Cottonwood $1,759 Decreased10.5% ($207) 27 days
Dewey $2,352 Increased19.6% ($386) 24 days
Prescott $1,654 Decreased15.9% ($312) 21 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Prescott Valley Rental Market FAQs

Explore rental prices, market trends, and availability in Prescott Valley, AZ.

The average rent in Prescott Valley, AZ is $1,966 per month.
Homes in Prescott Valley typically rent for between $906 and $2,734 per month, with an average of $1,966 per month.
In Prescott Valley, the average rent for a 1-bedroom home is $1,294 per month, for a 2-bedroom home, $1,528 per month, and a 3-bedroom home is $2,103 per month.
The average rent in Prescott Valley is 9.9% ($177) higher than the national average of $1,789 per month.
The average rent in Prescott Valley has decreased by 0.6% ($11) in the last month and increased by 40.7% ($569) over the past year.
The rental market in Prescott Valley, AZ, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Prescott Valley, AZ, the average rental stays on the market for approximately 26 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 57 rental properties available in Prescott Valley, AZ.
Based on the current averages, a household would need an annual income of $61,120 to comfortably afford a 2-bedroom home in Prescott Valley.
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