Median rent for residential in as of May, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
39 Prescott, AZ, USA apartments for rent
Prescott
Prescott, AZ has a population of 41,468, while the median age is 57. The household income in Prescott, AZ is around $50,812. The homeownership rate among the residents is 66%. The median residential property value in Prescott, AZ that you should keep in mind is $301,600.
| Population | 41,468 |
| Median Age | 56.6 |
| Poverty Rate | 14% |
| Household Income | $50,812 |
| Number Of Employees | 14,627 |
| Median Property Value | $301,600 |
Business & Economy
Wage by Common Jobs
Average salary in Prescott, AZ: $44,046
- 1. Miscellaneous managers$88,744
- 2. Registered nurses$70,125
- 3. Firstline supervisors of retail sales workers$51,911
- 4. Driver/sales workers & truck drivers$45,412
- 5. Retail salespersons$42,589
Highest Paid Occupations
Numbers claim that the highest paid jobs in Prescott, AZ are Architecture & Engineering Occupations, Health Diagnosing & Treating Practitioners & Other Technical Occupations, Healthcare Practitioners & Technical Occupations, Computer, Engineering, Science Occupations and Computer & Mathematical Occupations.
Highest Paid Industries
Keeping in mind that the employment rate changed by 1% recently, there must be a strong understanding of industries people of Prescott, AZ work in. The highest paid industries are Utilities, Agriculture, Forestry, Fishing & Hunting, Agriculture, Forestry, Fishing & Hunting, Mining, Wholesale Trade and Real Estate & Rental & Leasing.
Demographics
Race & Ethnicity
According to latest census, Prescott, AZ is a home for 93% white residents. The second common group is other with 3% 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 603,200 degrees. Statistics show that the population of students in Prescott, AZ includes 301,600 female students and 301,600 male students. Prescott, AZ offers private and public tuition with a median cost of $31,152 for private four-year colleges and $n/a 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 71 and 29 go to the private colleges.
Universities
- 1. Yavapai College1,645 graduates
- 2. Embry-Riddle Aeronautical University-Prescott461 graduates
- 3. Prescott College221 graduates
Public vs Private
Health and Safety
Primary care physicians in Prescott, AZ see an average of 1,684 patients, dentists 1,600 patients, metal health providers 598 patients, and other healthcare providers 1,169 patients per year.
Transportation
Commute Time
Average travel time: 16.59 minutes
Commuter Transportation
Citizens of Prescott, AZ travel to their offices around 17 minutes lately and drove alone to get there. The rest of the residents carpooled and worked at home.
Housing Trends
How much is an apartment in Prescott, AZ, USA
Average rent in Prescott: $2,757 (+28.2%)
| Rent Price | May | vs Last Month |
|---|---|---|
| Studio rentals | $6,500 | N/A |
| 1 bed rentals | $1,516 | -16.2% |
| 2 bed rentals | $1,886 | +8.3% |
| 3 bed rentals | $2,734 | +5% |
| 4+ bed rentals | $2,636 | N/A |
Over the May 2022, the average rent for an apartment in/near Prescott, AZ increased by 28.2% to $2,757.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at $1,516 with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you $1,886. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $2,734. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $2,636 for a big-family home.
| Rent Type Price | May | vs Last Month |
|---|---|---|
| Apartment rentals | $1,162 | -12.6% |
| Townhouse rentals | $2,100 | -8.7% |
| House rentals | $2,958 | +25.6% |
| Condo rentals | $1,568 | +6.9% |
| Land rentals | $8,000 | N/A |
Looking at the median rent price for an apartment in Prescott, AZ, you can note that it remains flat with a price tag of $1,162. The median rent for a house is still $2,958 with no significant changes this month. Condo for rent is now available for the same pricing as previously — $1,568. Townhouse rent pricing didn’t change, the price still starts at $2,100.
Rent vs Own
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