Studio Apartment Rent in Prescott Valley, AZ
Median asking rent for a studio apartment in Prescott Valley, Arizona as of July 2026. That's +36% lower than the citywide median of $1,804 and +10% below the national studio median of $1,290.
Income needed for a studio 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 studio at the current median rent.
Rent by apartment size in Prescott Valley
Compare Prescott Valley's median rent across every apartment size.
Cheapest cities for a studio in Arizona
| # | City | Studio rent |
|---|---|---|
| 1 | South Tucson | $713 |
| 2 | Sierra Vista | $955 |
| 3 | Bullhead City | $1,010 |
| 4 | Cottonwood | $1,010 |
| 5 | Green Valley | $1,020 |
| 6 | Kingman | $1,020 |
| 7 | Tucson | $1,022 |
| 8 | Prescott | $1,073 |
| 9 | Fort Mohave | $1,080 |
| 10 | Glendale | $1,098 |
| 11 | Mesa | $1,117 |
| 12 | Phoenix | $1,130 |
| 13 | Yuma | $1,137 |
| 14 | Prescott Valley (this page) | $1,160 |
| 15 | Tempe | $1,203 |
Most expensive cities for a studio in Arizona
| # | City | Studio rent |
|---|---|---|
| 1 | Waddell | $2,250 |
| 2 | Paradise Valley | $2,170 |
| 3 | Anthem | $2,170 |
| 4 | Queen Creek | $2,060 |
| 5 | Scottsdale | $1,972 |
| 6 | Litchfield Park | $1,950 |
| 7 | Buckeye | $1,870 |
| 8 | San Tan Valley | $1,850 |
| 9 | Surprise | $1,808 |
| 10 | Peoria | $1,780 |
| 11 | Fountain Hills | $1,780 |
| 12 | Maricopa | $1,730 |
| 13 | Tolleson | $1,690 |
| 14 | Flagstaff | $1,670 |
| 15 | Avondale | $1,650 |
Nearby cities — studio rent
Considering nearby alternatives? 2 of these cities have cheaper studio rents than Prescott Valley.
| City | Distance | Studio rent | vs Prescott Valley |
|---|---|---|---|
| Prescott, AZ | 20.1 mi | $1,073 | $-87 (-7%) |
| Cottonwood, AZ | 20.2 mi | $1,010 | $-150 (-13%) |
| Sedona, AZ | 36.4 mi | $1,340 | +$180 (+16%) |
| Anthem, AZ | 57.3 mi | $2,170 | +$1,010 (+87%) |
| Wickenburg, AZ | 63.5 mi | $1,320 | +$160 (+14%) |
| Sun City West, AZ | 65 mi | $1,450 | +$290 (+25%) |
| Peoria, AZ | 66.7 mi | $1,780 | +$620 (+53%) |
| Sun City, AZ | 68.1 mi | $1,490 | +$330 (+28%) |
| Surprise, AZ | 68.9 mi | $1,808 | +$648 (+56%) |
| Flagstaff, AZ | 70.7 mi | $1,670 | +$510 (+44%) |
| El Mirage, AZ | 71.3 mi | $1,480 | +$320 (+28%) |
| Youngtown, AZ | 71.8 mi | $1,320 | +$160 (+14%) |
Studio rent in Prescott Valley — common questions
How much is a studio apartment in Prescott Valley?
As of July 2026, the median studio apartment rent in Prescott Valley, Arizona is $1,160 per month. This is +36% below the citywide median of $1,804.
What income do you need to afford a studio in Prescott Valley?
Using the standard 30% rent-to-income rule, you would need an annual income of about $46,400 ($3,867/month gross), which works out to roughly $22.31/hour at a full-time job.
Is Prescott Valley expensive for a studio compared to the rest of the US?
Prescott Valley's studio median of $1,160 is +10% below the national studio median of $1,290. It ranks in the 40th percentile of US cities tracked.
How does Prescott Valley rank for studio rent in Arizona?
Among the 49 cities in Arizona with studio data, Prescott Valley ranks #14 from cheapest to most expensive.
Are there cheaper studio options near Prescott Valley?
Yes — nearby cities with cheaper studio rents include Prescott ($1,073), Cottonwood ($1,010).