2-Bedroom Rent · July 2026

2-Bedroom Apartment Rent in Prescott Valley, AZ

$1,690/mo

Median asking rent for a 2-bedroom apartment in Prescott Valley, Arizona as of July 2026. That's +6% lower than the citywide median of $1,804 and +2% above the national 2-bedroom median of $1,655.

2-Bedroom median
$1,690
July 2026
vs city overall
-6%
$1,804 city median
vs national
+2%
$1,655 US median
Arizona rank
#21
of 50 cities

Income needed for a 2-bedroom in Prescott Valley

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.

Annual income
$67,600
Monthly gross
$5,633
Hourly (full-time)
$32.50

Rent by apartment size in Prescott Valley

Compare Prescott Valley's median rent across every apartment size.

Studio
$1,160
1-Bedroom
$1,360
2-Bedroom (current)
$1,690
3-Bedroom
$2,330
4+ Bedroom
$2,680

Cheapest cities for a 2-bedroom in Arizona

#City2-Bedroom rent
1South Tucson$1,063
2Bullhead City$1,305
3Kingman$1,315
4Sierra Vista$1,345
5Fort Mohave$1,400
6Glendale$1,400
7Gold Canyon$1,417
8Mesa$1,425
9Phoenix$1,441
10Cottonwood$1,480
11Green Valley$1,490
12Tucson$1,492
13Yuma$1,503
14Tempe$1,533
15Goodyear$1,561

Most expensive cities for a 2-bedroom in Arizona

#City2-Bedroom rent
1Waddell$2,870
2Paradise Valley$2,770
3Anthem$2,770
4Queen Creek$2,630
5Scottsdale$2,512
6Litchfield Park$2,490
7Buckeye$2,385
8San Tan Valley$2,355
9Surprise$2,304
10Peoria$2,270
11Fountain Hills$2,270
12Maricopa$2,205
13Tolleson$2,150
14Avondale$2,105
15Flagstaff$2,073

Nearby cities — 2-bedroom rent

Considering nearby alternatives? 2 of these cities have cheaper 2-bedroom rents than Prescott Valley.

CityDistance2-Bedroom rentvs Prescott Valley
Prescott, AZ20.1 mi$1,563$-127 (-8%)
Cottonwood, AZ20.2 mi$1,480$-210 (-12%)
Sedona, AZ36.4 mi$1,910+$220 (+13%)
Anthem, AZ57.3 mi$2,770+$1,080 (+64%)
Wickenburg, AZ63.5 mi$1,690
Sun City West, AZ65 mi$1,850+$160 (+9%)
Peoria, AZ66.7 mi$2,270+$580 (+34%)
Sun City, AZ68.1 mi$1,895+$205 (+12%)
Surprise, AZ68.9 mi$2,304+$614 (+36%)
Flagstaff, AZ70.7 mi$2,073+$383 (+23%)
El Mirage, AZ71.3 mi$1,880+$190 (+11%)
Youngtown, AZ71.8 mi$1,690

2-Bedroom rent in Prescott Valley — common questions

How much is a 2-bedroom apartment in Prescott Valley?

As of July 2026, the median 2-bedroom apartment rent in Prescott Valley, Arizona is $1,690 per month. This is +6% below the citywide median of $1,804.

What income do you need to afford a 2-bedroom in Prescott Valley?

Using the standard 30% rent-to-income rule, you would need an annual income of about $67,600 ($5,633/month gross), which works out to roughly $32.50/hour at a full-time job.

Is Prescott Valley expensive for a 2-bedroom compared to the rest of the US?

Prescott Valley's 2-bedroom median of $1,690 is +2% above the national 2-bedroom median of $1,655. It ranks in the 52th percentile of US cities tracked.

How does Prescott Valley rank for 2-bedroom rent in Arizona?

Among the 50 cities in Arizona with 2-bedroom data, Prescott Valley ranks #21 from cheapest to most expensive.

Are there cheaper 2-bedroom options near Prescott Valley?

Yes — nearby cities with cheaper 2-bedroom rents include Prescott ($1,563), Cottonwood ($1,480).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Prescott Valley, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (July 2026) and exclude cities with median rent below $400 or above $20,000.