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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

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As of November 2026, Prescott Valley's rental market is competitive, with rentals spending about 27 days on the market, faster than in Arizona (33), and rents up 3.3% over the past year. Prescott Valley's average rent is 7.1% ($122) higher than the Arizona average of $1,720 and 9.5% ($194) lower than the U.S. average of $2,036.

Average Rent
$1,842
Monthly ChangeMonth Over Month Change
Increased1.12% ($20)
Yearly ChangeYear Over Year Change
Increased3.3% ($59)
Days on Market
27
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,480 Increased1.30% ($19) Increased9.4% ($127)
2 Beds $1,707 Increased0.93% ($16) Increased3.2% ($53)
3 Beds $2,144 Increased0.50% ($11) Increased0.4% ($8)
Nearby Cities Average Rent Avg. Rent vs. Prescott ValleyAverage Rent vs. Prescott Valley Days on Market
Jerome $1,891 Increased2.7% ($49) 30 days
Chino Valley $1,901 Increased3.2% ($59) 31 days
Dewey $1,802 Decreased2.2% ($40) 28 days
Prescott $1,712 Decreased7.1% ($130) 32 days
Clarkdale $1,952 Increased6.0% ($110) 30 days
Based on rentals advertised on RentalSource in and around Prescott Valley.
Frequently Asked Questions
Prescott Valley Rental Market FAQs

Explore rental prices, market conditions, and affordability in Prescott Valley, AZ.

The average rent in Prescott Valley, AZ is $1,842 per month.
In Prescott Valley, the average rent is $1,480 per month for a 1-bedroom apartment, $1,707 for a 2-bedroom apartment and $2,144 for a 3-bedroom apartment.
The average rent in Prescott Valley is 9.5% ($194) lower than the national average of $2,036 per month.
The rental market in Prescott Valley, AZ is currently competitive, with rentals spending about 27 days on the market, faster than in Arizona (33), and rents up 3.3% over the past year.
Based on the current averages, a household would need an annual income of $68,300 to comfortably afford a 2-bedroom apartment in Prescott Valley.
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