ZIP Code · AZ

ZIP 86301

Part of Prescott, AZ

Pop. 27,076·Yavapai County·63rd most expensive ZIP in Arizona

Median rent (all units)

$1,900/mo

Year-over-Year

+0.5%

Month-over-Month

-0.5%

vs US Median

-$32

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 86301 · $1,900

More expensive than 56% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,320

1 BR

$1,530

2 BR

$1,920

3 BR

$2,670

4 BR+

$2,930

Research median

$1,920/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 86301 is 0.5% below its high of $1,910 in August 2026, at $1,900 as of September 2026.

Past year vs. the rest of Arizona

Rent in ZIP 86301 changed +0.5% over the year to September 2026. Across the 171 Arizona ZIP codes Zillow tracks, the typical change was +1.6%.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($72,652) is $1,816 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,530); a 2-bedroom is $1,920.

Rank in Prescott

2nd cheapest of 3 ZIP codes in Prescott.

Cheaper nearby

ZIP 86303, 7 miles away, rents for 11% less ($1,685/mo), about $2,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 86301. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$22,800/yr

At $1,900/mo median

Location

CityPrescott

StateAZ

CountyYavapai County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+0.5% YoY, -0.5% MoM), not inventory.

Demographics

Who lives here

ZIP 86301 (Prescott, AZ) is majority owner-occupied, has a large retiree population, 35.9% of residents hold a bachelor's degree or higher.

Population

27,076

Median income

$72,652

Median age

56.3

Renters

32.1%

Age distribution

13.1%

18.2%

17.3%

14.3%

37.2%

Under 1813.1%

18–3418.2%

35–5417.3%

55–6414.3%

65+37.2%

Gender

50.6%

49.4%

Male50.6%

Female49.4%

Race & ethnicity

81.3%

White81.3%

Black0.7%

Hispanic11.5%

Asian3%

Other3.5%

Education (25+)

21.8%

37.4%

35.9%

No HS diploma4.9%

HS diploma21.8%

Some college37.4%

Bachelor's+35.9%

Housing tenure

67.9%

32.1%

Owner67.9%

Renter32.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2022 vs 2026

How ZIP 86301 in Prescott, AZ has changed in 5 years

Rent

$1,716 → $1,900

up 10.7%

Income

$60,907 → $72,652

up 19.3%

Population

25,178 → 27,076

up 7.5%

Renter share

28.9% → 32.1%

+3.2 pts

Bachelor's+

36.6% → 35.9%

-0.7 pts

Median age

59 → 56.3

-2.7 yrs

Rent in ZIP 86301 in Prescott, AZ has increased 10.7% since 2022, going from about $1,716 per month to roughly $1,900 today. Census figures show median household income at $72,652 today, compared with $60,907 five years earlier. Income growth outran rent by about 8.6 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 25,178 to 27,076 between 2021 and 2024, a 7.5% change. About 32.1% of households rent today, against 28.9% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

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About renting in ZIP 86301

Last updated: October 17, 2026

ZIP code 86301 covers Prescott, AZ. The median rent here is $1,900/mo as of October 2026. A 1-bedroom rents for a median of $1,530/mo. A 2-bedroom rents for a median of $1,920/mo.

At 31% of local median household income ($72,652/yr), ZIP 86301 ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 86301?

To keep rent at or below 30% of gross income, you would need to earn at least $76,000/year (about $37/hour full-time) to afford the median rent of $1,900/mo in ZIP 86301. The local median household income is $72,652/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 86301?

Rent in ZIP 86301 has risen 0.5% over the past year as of September 2026. It sits 0.5% below its high of $1,910 in August 2026.

How does ZIP 86301 compare to other ZIPs in Arizona?

ZIP 86301 is in the middle among Arizona ZIP codes for rent, ranking #63 of 183 at $1,900/mo. Over the year to September 2026, rent in ZIP 86301 changed +0.5%, against a typical +1.6% across the 171 Arizona ZIP codes Zillow tracks.