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These days, finding an affordable place to live in the Prescott Valley area can be challenging. Home prices in Prescott Valley are now at a median cost of $433,629, higher than the Arizona average of $421,436.
The average cost of rent is $1,757/mo in Prescott Valley, primarily driven by the current value of real estate in the Prescott Valley area. In Prescott Valley, 27.19% of households rent, and 38.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Prescott Valley is $6,555 per month. Households that rent pay about 26.80% of their income on rent here. Prescott Valley’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Forbing Park, AZ: higher priced homes
- Dewey, AZ: less expensive homes
- Dewey-Humboldt, AZ: equally priced homes
- Humboldt, AZ: higher priced homes
- Prescott, AZ: higher priced homes
- Perkinsville, AZ: less expensive homes
- Williamson, AZ: higher priced homes
- Chino Valley, AZ: equally priced homes
- Miller Valley, AZ: higher priced homes
- Jerome, AZ: less expensive homes
Cities with Similar Populations
- Dacula, GA: equally priced homes
- Rio Grande, PR: less expensive homes
- Granada Hills, CA: higher priced homes
- Grand Blanc, MI: less expensive homes
- Grapevine, TX: higher priced homes
- Holly Springs, NC: higher priced homes
- Jeffersonville, IN: less expensive homes
- Lake Stevens, WA: higher priced homes
- Lompoc, CA: equally priced homes
- Mandeville, LA: less expensive homes
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