Studio Apartment Rent in Prescott, AZ
Median asking rent for a studio apartment in Prescott, Arizona as of July 2026. That's +42% lower than the citywide median of $1,841 and +17% below the national studio median of $1,290.
Income needed for a studio 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 studio at the current median rent.
Rent by apartment size in Prescott
Compare Prescott'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 (this page) | $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 | $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? 1 of these cities have cheaper studio rents than Prescott.
| City | Distance | Studio rent | vs Prescott |
|---|---|---|---|
| Prescott Valley, AZ | 20.1 mi | $1,160 | +$87 (+8%) |
| Cottonwood, AZ | 39.7 mi | $1,010 | $-63 (-6%) |
| Wickenburg, AZ | 54.6 mi | $1,320 | +$247 (+23%) |
| Sedona, AZ | 54.9 mi | $1,340 | +$267 (+25%) |
| Anthem, AZ | 66 mi | $2,170 | +$1,097 (+102%) |
| Sun City West, AZ | 68 mi | $1,450 | +$377 (+35%) |
| Surprise, AZ | 71.2 mi | $1,808 | +$735 (+68%) |
| Peoria, AZ | 72.1 mi | $1,780 | +$707 (+66%) |
| Sun City, AZ | 72.5 mi | $1,490 | +$417 (+39%) |
| Waddell, AZ | 74.4 mi | $2,250 | +$1,177 (+110%) |
| El Mirage, AZ | 74.9 mi | $1,480 | +$407 (+38%) |
| Youngtown, AZ | 75.8 mi | $1,320 | +$247 (+23%) |
Studio rent in Prescott — common questions
How much is a studio apartment in Prescott?
As of July 2026, the median studio apartment rent in Prescott, Arizona is $1,073 per month. This is +42% below the citywide median of $1,841.
What income do you need to afford a studio in Prescott?
Using the standard 30% rent-to-income rule, you would need an annual income of about $42,920 ($3,577/month gross), which works out to roughly $20.63/hour at a full-time job.
Is Prescott expensive for a studio compared to the rest of the US?
Prescott's studio median of $1,073 is +17% below the national studio median of $1,290. It ranks in the 33th percentile of US cities tracked.
How does Prescott rank for studio rent in Arizona?
Among the 49 cities in Arizona with studio data, Prescott ranks #8 from cheapest to most expensive.
Are there cheaper studio options near Prescott?
Yes — nearby cities with cheaper studio rents include Cottonwood ($1,010).