Median rent for residential apartments in as of May, 2020.
Be informed, make custom offers based only on median rent prices. But keep in mind, that price depends on size/amenities of the apartment.
58 Prescott, AZ, USA apartments for rent
Prescott
Prescott, AZ has a population of 41,090, including 90% white, 7% latino, and 1% asian.
| Population | 41,090 |
| Median Age | 56 |
| Poverty Rate | 13% |
| Median Income (Household) | $48,259 |
| Number Of Employees | 14,349 |
| Median Property Value | $283,500 |
City Overview
The median household income in Prescott, AZ is around $48,259, while the median age is 56. This city is a home to major universities: Associate's Colleges, Yavapai College, and Associate's Colleges: Mixed Transfer/Career & Technical-Mixed Traditional/Nontraditional. 14,349 employees work in Prescott, AZ. The homeownership rate among the residents is 65.51%. The median property value that you should keep in mind is $283,500.
Business & Economy
Wage by Common Jobs
Average salary: $29,704
- 1. Elementary & middle school teachers$38,441
- 2. Secretaries & administrative assistants$32,624
- 3. Nursing, psychiatric, & home health aides$30,291
- 4. Cashiers$24,150
- 5. Retail salespersons$23,012
Employment by Occupations
Numbers claim that the employment rate in Prescott, AZ changed by 4%, so let’s see what are the most common job groups in this area. People of Prescott, AZ prefer to work in Administrative, Sales and Management.
| Farming, Fishing, & Forestry | 0% |
| Life, Physical, & Social Science | 0% |
| Computer & Mathematical | 1% |
| Fire Fighting Supervisors | 1% |
| Law Enforcement Supervisors | 1% |
| Material Moving | 1% |
| Architecture & Engineering | 2% |
| Legal | 2% |
| Transportation | 2% |
| Production | 3% |
| Arts & Recreation | 3% |
| Health Technicians | 3% |
| Community & Social Service | 3% |
| Healthcare Support | 3% |
| Installation, Maintenance, & Repair | 4% |
| Business & Financial Operations | 4% |
| Construction & Extraction | 4% |
| Cleaning & Maintenance | 5% |
| Personal Care & Service | 5% |
| Education, Training, & Library | 7% |
| Health Practitioners | 7% |
| Food & Serving | 8% |
| Management | 8% |
| Sales | 9% |
| Administrative | 14% |
Employment by Industries
Keeping in mind that the employment rate changed by 4% recently, there must be a strong understanding of industries people of Prescott, AZ work in. The most common industries are Healthcare & Social Assistance, Educational Services and Retail trade. Please note that not all the residents of Prescott, AZ work in the area and may be employed outside of the city. Our data is tagged to their residential address, not the work address.
| Mining, Quarrying, Oil, Gas Extraction | 0% |
| Agriculture, Forestry, Fishing, Hunting | 0% |
| Information | 1% |
| Utilities | 1% |
| Wholesale trade | 2% |
| Arts, Entertainment, Recreation | 2% |
| Real Estate, Rental & Leasing | 2% |
| Finance & Insurance | 2% |
| Transportation & Warehousing | 3% |
| Manufacturing | 4% |
| Admin., Support, Waste Management Services | 4% |
| Construction | 5% |
| Other services, except public administration | 5% |
| Public Admin. | 6% |
| Professional, Scientific, Tech Services | 8% |
| Accommodation & Food Service | 10% |
| Retail trade | 11% |
| Educational Services | 12% |
| Healthcare & Social Assistance | 21% |
Demographics
Race & Ethnicity
According to latest census, Prescott, AZ is a home for 90% white residents. The second common group is latino with 7% residents. The list of the most common racial or ethnic groups is closed by asian with 1% residents.
Non-English Speakers
Education
Past year Prescott, AZ universities awarded around 6,219 degrees. Statistics show that the population of students in Prescott, AZ include 1,001 male students and 1,092 female students. Prescott, AZ offers private and public tuition with a median cost of $27,528 for private four-year colleges and $0 for in-state public four-year colleges. The largest university of this city is the Yavapai College with the majority of graduates. The Embry-Riddle Aeronautical University-Prescott and Prescott College hold the second and the third place respectively. The share of the public colleges in Prescott, AZ is 73.1% and 26.9% go to the private colleges.
Universities
- 1. Yavapai College1,516 graduates
- 2. Embry-Riddle Aeronautical University-Prescott328 graduates
- 3. Prescott College219 graduates
Public vs Private
- Public26.9%
- Private73.1%
Health and Safety
The age groups that most likely have the health care coverage in Prescott, AZ are 65-74 years old for men and 65-74 years old for women. Prescott, AZ offers a 62 primary care clinician to 1 patient ratio. Data records state that dentists ratio is 62 to 1, speaking of mental health doctors ratio, it’s 157 to 1 resident.
Clinician to Patient Ratios
| Primary Care | 1 to 62 |
| Dentists | 1 to 62 |
| Mental Health | 1 to 157 |
| Other | 1 to 76 |
Transportation
Commute Time
Average travel time: 16.96 minutes
- USA
- Prescott, AZ
Commuter Transportation
The workers of Prescott, AZ traveled to their offices around 16.96 minutes lately and drove alone to get there. The rest of the residents carpooled and worked at home.
- USA
- Prescott, AZ
Housing Trends
Prescott, AZ, USA Housing Trends
Average rent in Prescott: $1,634 (-1.8%)
| Rent Price | May | vs Last Month |
|---|---|---|
| 1 bed apartments | $1,243 | -1.9% |
| 2 bed apartments | $1,474 | -3.1% |
| 3 bed apartments | $1,928 | +0.7% |
| 4+ bed apartments | $980 | -4.8% |
| Rent Type Price | May | vs Last Month |
|---|---|---|
| House rentals | $2,049 | +1.3% |
| Apartment rentals | $1,102 | -5.3% |
| Condo rentals | $1,183 | -3.7% |
| Townhouse rentals | $1,475 | +3.3% |
Over the May 2020, the average rent for an apartment in/near Prescott, AZ decreased by 1.8% to $1,634. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 1.9% to $1,243. Pricing for 2-bed apartment also decreased by 3.1% and a place of this size will now cost you $1,474. 3-bed apartment rent pricing starts at $1,928, it increased by 0.7% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 4.8% and made it down to $980.
The median rent for an apartment in Prescott, AZ decreased by 5.3% to $1,102. Statistics show that house rent price increased by 1.3% this month making it up to $2,049. Condos faced an upward trend these days. The median rent for a condo decreased by 3.7%, it’s now available for $1,183. The median rent for a townhouse increased by 3.3%, you’ll have to spend around $1,475 to get one.
Rent vs Own
- Rent66%
- Own34%
Popular Searches
Major cities in AZ
Nearby cities
View City Information