Prescott Valley, AZ—86314

As of July '25, Rentcast reports the average rent in Prescott Valley, AZ is $1,970, with a year-over-year rent change of 2.1%. Per bedroom, the median rent as of July '25 in Prescott Valley, AZ is studios: $1,320, 1-bedrooms: $1,470, 2-bedrooms: $1,650, 3-bedrooms: $2,170, 4-bedrooms: $2,780. The most common rental property sizes in Prescott Valley, AZ are 3-bedroom and 2-bedroom, accounting for 39.3% and 39.0% of the rental stock.

As of the latest ACS Survey released in 2023, Prescott Valley, AZ has a population of 40,100, which has increased by 3.0% over the past 5 years. Prescott Valley, AZ is a moderately popular place for families, as children make up 21.6% of the population. The area has a poorly educated workforce, with 22.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.5% reporting working from home.

As of the latest ACS Survey released in 2023, Prescott Valley, AZ is a predominantly white area, with 70.9% of the population identifying as white. The white population has shrunk by 0.8% in the last 5 years. The second most common race or ethnicity in Prescott Valley, AZ is hispanic, making up 22.5% of the population. Foreign-born residents account for 8.1% of the population in Prescott Valley, AZ, and this percentage has decreased by 11.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

As of 2024, the percent of homes in Prescott Valley, AZ under the Section 8 program is 1.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Prescott Valley, AZ, because HUD payments exceed market rent, while 1-bedroom and 4-bedroom units do not.