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These days, finding an affordable place to live in the Prescott area can be challenging. Home prices in Prescott are now at a median cost of $263,779, lower than the Washington average of $621,115.
The average cost of rent is $952/mo in Prescott, primarily driven by the current value of real estate in the Prescott area. In Prescott, 60.07% of households rent, and 53.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Prescott is $6,803 per month. Households that rent pay about 13.99% of their income on rent here. Prescott’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Eureka, WA: equally priced homes
- Waitsburg, WA: higher priced homes
- Lowden, WA: higher priced homes
- Starbuck, WA: less expensive homes
- Walla Walla, WA: higher priced homes
- College Place, WA: higher priced homes
- Huntsville, WA: higher priced homes
- Walla Walla East, WA: higher priced homes
- Touchet, WA: higher priced homes
- Dixie, WA: higher priced homes
Cities with Similar Populations
- Zoar, OH: less expensive homes
- Windsor Mill, MD: higher priced homes
- Wolfs Crossroads, PA: higher priced homes
- Bloomburg, TX: less expensive homes
- Blaine, KY: less expensive homes
- Bimble, KY: less expensive homes
- Berger, MO: less expensive homes
- Belwood, NC: less expensive homes
- Bellwood, KY: less expensive homes
- Belgrade Lakes, ME: higher priced homes
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