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 |
Rent Price |
May | vs Last Month |
---|---|---|
Studio apartments | $1,960 | -43% |
1-bed apartments | $2,957 | -19.6% |
2-bed apartments | $3,789 | -17.6% |
3-bed apartments | $4,717 | -26.6% |
4+ bed apartments | $9,313 | -11.6% |
Over the May 2023, the average rent for an apartment in/near Prescott, AZ decreased by 26.7% to $4,143.
Compared to the last month, the average price for a rental studio in Prescott, AZ has decreased by 43%. You can expect to rent the studio for $1,960 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 19.6% to $2,957. Pricing for 2-bed apartment also decreased by 17.6% and a place of this size will now cost you $3,789. 3-bed apartment rent pricing starts at $4,717, it decreased by 26.6% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 11.6% and made it down to $9,313.
Rent Type Price |
May | vs Last Month |
---|---|---|
Townhouses for rent | $4,050 | -1.9% |
Rooms for rent | $782 | -8% |
Houses for rent | $4,867 | -21.9% |
Condos for rent | $1,936 | -35.8% |
Apartments for rent | $3,316 | -22.4% |
The median rent for an apartment in Prescott, AZ decreased by 22.4% to $3,316. Statistics show that house rent price decreased by 21.9% this month making it up to $4,867. Condos faced an upward trend these days. The median rent for a condo decreased by 35.8%, it’s now available for $1,936. An average room will now go for $782, the median rent price for a room decreased by 8%. The median rent for a townhouse decreased by 1.9%, you’ll have to spend around $4,050 to get one.