Skip to main content

Rent in Prescott Valley-Prescott, AZ MSA

The Fair Market Rent (FMR) for a two-bedroom home in Prescott Valley-Prescott, AZ MSA is $1,637/month for HUD fiscal year 2026 — HUD's estimate of the 40th-percentile gross rent for standard-quality rentals in this market.

Quick answer: A two-bedroom in Prescott Valley-Prescott, AZ MSA has an FMR of $1,637/month (FY2026). That is 68% above the national median of $974. Prescott Valley-Prescott, AZ MSA ranks #195 of 2,622 HUD FMR areas by two-bedroom rent (1 = most expensive).

Fair Market Rent by bedroom size, Prescott Valley-Prescott, AZ MSA

Unit sizeFair Market Rent / month
Studio / efficiency$1,129
1 bedroom$1,309
2 bedrooms$1,637
3 bedrooms$2,277
4 bedrooms$2,497

Nearby on the rent ranking

Frequently asked questions

How much is rent in Prescott Valley-Prescott, AZ MSA?
The Fair Market Rent (FMR) for a two-bedroom unit in Prescott Valley-Prescott, AZ MSA is $1,637 per month for HUD fiscal year 2026. A one-bedroom is $1,309 and a three-bedroom is $2,277 per month.
What is the studio and one-bedroom Fair Market Rent in Prescott Valley-Prescott, AZ MSA?
For FY2026, HUD's efficiency/studio FMR in Prescott Valley-Prescott, AZ MSA is $1,129 per month and the one-bedroom FMR is $1,309 per month.
How is the Fair Market Rent for Prescott Valley-Prescott, AZ MSA calculated?
HUD's Fair Market Rent is an estimate of the 40th-percentile gross rent — rent plus tenant-paid utilities, excluding telephone, cable, satellite and internet — for standard-quality rental units in the local housing market. Figures are set per HUD FMR area and apply to every county within that area.
What are Fair Market Rents used for in Prescott Valley-Prescott, AZ MSA?
FMRs set the payment standards for the Housing Choice Voucher (Section 8) program and other HUD rental-assistance programs in Prescott Valley-Prescott, AZ MSA. They cap the subsidy a voucher can pay toward rent and are also widely used as a benchmark for typical local rents.
How does rent in Prescott Valley-Prescott, AZ MSA compare nationally?
Prescott Valley-Prescott, AZ MSA ranks #195 of 2,622 HUD FMR areas by two-bedroom FMR (1 = most expensive). The national median two-bedroom FMR is $974 per month.

Source: U.S. Department of Housing and Urban Development (HUD USER), FY2026 Fair Market Rents. Public domain (17 U.S.C. § 105). Figures effective 1 October 2025. Last updated 2025-10-01.