salaryRent is higher than in 59% of U.S. cities. A typical house costs about 5.1 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $73,120 a year. That is $35 an hour at a full-time job.
Is rent cheaper than other Arizona cities?
No. Rent here is more expensive than in most of Arizona. It is number 56 of 93 cities from cheapest to most expensive.
How much do households earn in Prescott Valley?
Share of households by yearly income. 21.0% of households earn $100,000 or more.
Rent by apartment size in Prescott Valley
| Size | Prescott Valley | U.S. average |
|---|---|---|
| Studio | $1,495 | $1,338 |
| 1 bedroom | $1,188 | $1,324 |
| 2 bedrooms | $1,443 | $1,509 |
| 3 bedrooms | $1,962 | $1,698 |
| 4 bedrooms | $1,918 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Prescott Valley overall?
Everyday prices in the Prescott Valley-Prescott metro area are 2% below the U.S. average (index 98.3, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.
Taxes and bills in Prescott Valley
Life in Prescott Valley
What jobs pay in Prescott Valley
| Job | Median pay | Rent / pay |
|---|---|---|
| Pharmacist | $152,560 | 14.4% |
| Physician Assistant | $135,630 | 16.2% |
| Nurse Practitioner | $135,160 | 16.2% |
| Lawyer | $128,020 | 17.1% |
| Software Developer | $125,590 | 17.5% |
| Registered Nurse | $104,980 | 20.9% |
| Dental Hygienist | $98,050 | 22.4% |
| Computer Systems Analyst | $95,520 | 23.0% |
| Civil Engineer | $94,800 | 23.1% |
| Operations Manager | $78,400 | 28.0% |
| Licensed Practical Nurse | $77,800 | 28.2% |
| Accountant | $77,770 | 28.2% |
| Police Officer | $74,030 | 29.6% |
| Market Research Analyst | $61,010 | 36.0% |
| Electrician | $60,380 | 36.3% |
| Plumber | $58,670 | 37.4% |
| HVAC Technician | $58,280 | 37.6% |
| Truck Driver | $58,210 | 37.7% |
| Carpenter | $56,570 | 38.8% |
| Firefighter | $49,240 | 44.5% |
| Elementary School Teacher | $47,400 | 46.3% |
| Medical Assistant | $45,820 | 47.9% |
| Nursing Assistant | $45,180 | 48.6% |
| Warehouse Worker | $39,790 | 55.1% |
| Customer Service Representative | $39,280 | 55.8% |
| Restaurant Cook | $37,380 | 58.7% |
| Server (Waiter/Waitress) | $36,670 | 59.8% |
| Retail Salesperson | $35,290 | 62.2% |
| Cashier | $34,350 | 63.9% |
Is it cheaper to rent or buy in Prescott Valley?
Renting is cheaper right now: about $1,039 a month less.
Owning assumes a typical $413,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $41,320 for the down payment.
Frequently asked questions
What is the average rent in Prescott Valley, AZ?
Renting in Prescott Valley costs a median of about $1,828 a month in 2026, including utilities. The Arizona median is $1,671.
How much do I need to make to live in Prescott Valley?
To keep rent under 30% of income, you need about $73,120 a year, or $35 an hour at a full-time job.
Is Prescott Valley cheap or expensive?
Prescott Valley is rated OK: rent takes 27.3% of the typical household income of $80,423. It ranks 56th cheapest of 93 Arizona cities we track.
How much are property taxes in Prescott Valley?
The median homeowner in Prescott Valley pays $1,792 a year in property taxes, about 0.43% of the median home value.
Is Prescott Valley more expensive than the national average?
Overall prices in the metro area are 2% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Prescott Valley?
The median home value in Prescott Valley is $413,200, about 5.1 times the typical yearly household income.
49,179 people live in Prescott Valley. Numbers are typical (middle) values.