Prescott Valley-Prescott, AZ MSA
FY 2026 HUD Fair Market Rents for the Prescott Valley-Prescott, AZ MSA metro area. Population: 237,830.
Fair Market Rents (2026)
Studio
National avg: $893
$1,129/mo
↑ 2.5% YoY
+26% vs US
1 Bedroom
National avg: $959
$1,309/mo
↑ 1.2% YoY
+36% vs US
2 Bedroom
National avg: $1,175
$1,637/mo
↑ 1.9% YoY
+39% vs US
3 Bedroom
National avg: $1,525
$2,277/mo
↑ 2.8% YoY
+49% vs US
4 Bedroom
National avg: $1,756
$2,497/mo
↓ 2.0% YoY
+42% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $1,101 | $1,129 | +$28 (+2.5%) |
| 1 Bedroom | $1,293 | $1,309 | +$16 (+1.2%) |
| 2 Bedroom | $1,606 | $1,637 | +$31 (+1.9%) |
| 3 Bedroom | $2,216 | $2,277 | +$61 (+2.8%) |
| 4 Bedroom | $2,548 | $2,497 | $-51 (-2.0%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$52,360
$4,363/month gross
Required annual income for 2 BR
$65,480
$5,457/month gross
Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.