2-Bedroom Apartment Rent in Prescott, AZ
Median asking rent for a 2-bedroom apartment in Prescott, Arizona as of August 2026. That's +15% lower than the citywide median of $1,838 and +6% below the national 2-bedroom median of $1,655.
Income needed for a 2-bedroom in Prescott
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.
Rent by apartment size in Prescott
Compare Prescott's median rent across every apartment size.
Cheapest cities for a 2-bedroom in Arizona
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Bullhead City | $1,305 |
| 2 | Kingman | $1,315 |
| 3 | Sierra Vista | $1,345 |
| 4 | Glendale | $1,388 |
| 5 | Fort Mohave | $1,400 |
| 6 | Mesa | $1,417 |
| 7 | Phoenix | $1,439 |
| 8 | Cottonwood | $1,480 |
| 9 | Green Valley | $1,490 |
| 10 | Tucson | $1,492 |
| 11 | Yuma | $1,503 |
| 12 | Tempe | $1,523 |
| 13 | Goodyear | $1,558 |
| 14 | Lake Havasu City | $1,563 |
| 15 | Prescott (this page) | $1,563 |
Most expensive cities for a 2-bedroom in Arizona
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Waddell | $2,870 |
| 2 | Anthem | $2,770 |
| 3 | Queen Creek | $2,630 |
| 4 | Gilbert | $2,603 |
| 5 | Scottsdale | $2,512 |
| 6 | Litchfield Park | $2,490 |
| 7 | Buckeye | $2,385 |
| 8 | San Tan Valley | $2,355 |
| 9 | Surprise | $2,304 |
| 10 | Peoria | $2,270 |
| 11 | Fountain Hills | $2,270 |
| 12 | Maricopa | $2,205 |
| 13 | Tolleson | $2,150 |
| 14 | Avondale | $2,105 |
| 15 | Flagstaff | $2,073 |
Nearby cities — 2-bedroom rent
Considering nearby alternatives? 1 of these cities have cheaper 2-bedroom rents than Prescott.
| City | Distance | 2-Bedroom rent | vs Prescott |
|---|---|---|---|
| Prescott Valley, AZ | 20.1 mi | $1,690 | +$127 (+8%) |
| Cottonwood, AZ | 39.7 mi | $1,480 | $-83 (-5%) |
| Wickenburg, AZ | 54.6 mi | $1,690 | +$127 (+8%) |
| Sedona, AZ | 54.9 mi | $1,910 | +$347 (+22%) |
| Anthem, AZ | 66 mi | $2,770 | +$1,207 (+77%) |
| Sun City West, AZ | 68 mi | $1,850 | +$287 (+18%) |
| Surprise, AZ | 71.2 mi | $2,304 | +$741 (+47%) |
| Peoria, AZ | 72.1 mi | $2,270 | +$707 (+45%) |
| Sun City, AZ | 72.5 mi | $1,895 | +$332 (+21%) |
| Waddell, AZ | 74.4 mi | $2,870 | +$1,307 (+84%) |
| El Mirage, AZ | 74.9 mi | $1,880 | +$317 (+20%) |
| Youngtown, AZ | 75.8 mi | $1,690 | +$127 (+8%) |
2-Bedroom rent in Prescott — common questions
How much is a 2-bedroom apartment in Prescott?
As of August 2026, the median 2-bedroom apartment rent in Prescott, Arizona is $1,563 per month. This is +15% below the citywide median of $1,838.
What income do you need to afford a 2-bedroom in Prescott?
Using the standard 30% rent-to-income rule, you would need an annual income of about $62,520 ($5,210/month gross), which works out to roughly $30.06/hour at a full-time job.
Is Prescott expensive for a 2-bedroom compared to the rest of the US?
Prescott's 2-bedroom median of $1,563 is +6% below the national 2-bedroom median of $1,655. It ranks in the 44th percentile of US cities tracked.
How does Prescott rank for 2-bedroom rent in Arizona?
Among the 48 cities in Arizona with 2-bedroom data, Prescott ranks #15 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Prescott?
Yes — nearby cities with cheaper 2-bedroom rents include Cottonwood ($1,480).