Apartments & Condos 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 April 2025, 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 13.5% ($244) lower than the Arizona average of $1,809 and 13.0% ($234) lower than the U.S. average of $1,799.

Average Rent
$1,565
Monthly ChangeMonth Over Month Change
Decreased8.8% ($151)
Yearly ChangeYear Over Year Change
Decreased20.4% ($402)
Avg. Days on MarketAverage Days on Market
26
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,374 Decreased1.4% ($19) Increased0.5% ($7)
2 Beds $1,671 Increased8% ($124) Increased5.6% ($88)
3 Beds $2,104 Decreased5% ($110) Increased0.8% ($17)
Nearby Cities Average Rent Avg. Rent vs. Prescott ValleyAverage Rent vs. Prescott Valley Avg. Days on MarketAverage Days on Market
Cottonwood $1,931 Increased23.4% ($366) 27 days
Prescott $1,926 Increased23.1% ($361) 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 $1,565 per month.
Apartments in Prescott Valley typically rent for between $962 and $2,735 per month, with an average of $1,565 per month.
In Prescott Valley, the average rent for a 1-bedroom apartment is $1,374 per month, for a 2-bedroom apartment, $1,671 per month, and a 3-bedroom apartment is $2,104 per month.
The average rent in Prescott Valley is 13% ($234) lower than the national average of $1,799 per month.
The average rent in Prescott Valley has decreased by 8.8% ($151) in the last month and decreased by 20.4% ($402) 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 42 rental properties available in Prescott Valley, AZ.
Based on the current averages, a household would need an annual income of $66,840 to comfortably afford a 2-bedroom apartment in Prescott Valley.
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