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ZIP Code · AZ

ZIP 86303

Part of Prescott, AZ
Pop. 19,446·Yavapai County·92nd most expensive ZIP in Arizona
Median rent (all units)
$1,744/mo
Year-over-Year
-2.1%
Month-over-Month
-0.1%
vs US Median
-$221
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 86303 · $1,744
More affordable than 55% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,060
1 BR
$1,230
2 BR
$1,540
3 BR
$2,140
4 BR+
$2,350
Research median
$1,540/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: July 20, 2026

Annual cost
$20,928/yr
At $1,744/mo median
Location
StateAZ
CountyYavapai County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 2.1% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-2.1% YoY, -0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 86303 (Prescott, AZ) is majority owner-occupied, has a large retiree population, 41.9% of residents hold a bachelor's degree or higher.

Population
19,446
Median income
$72,359
Median age
60.3
Renters
29.2%
Age distribution
12.9%
14.3%
14.2%
18.2%
40.3%
Under 1812.9%
18–3414.3%
35–5414.2%
55–6418.2%
65+40.3%
Gender
49%
51%
Male49%
Female51%
Race & ethnicity
87.6%
White87.6%
Hispanic9.6%
Asian0.9%
Other1.6%
Education (25+)
18.2%
36%
41.9%
No HS diploma3.8%
HS diploma18.2%
Some college36%
Bachelor's+41.9%
Housing tenure
70.8%
29.2%
Owner70.8%
Renter29.2%

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

2021 vs 2026

How ZIP 86303 in Prescott, AZ has changed in 5 years

Income
$60,037 → $72,359
up 20.5%
Population
18,452 → 19,446
up 5.4%
Renter share
31.8% → 29.2%
-2.6 pts
Bachelor's+
39.7% → 41.9%
+2.2 pts
Median age
60.8 → 60.3
-0.5 yrs

Household income in the area moved from $60,037 to $72,359 across the same window, up 20.5% versus 2021. Headcount in the area went from 18,452 to 19,446 between 2021 and 2024, a 5.4% change. About 29.2% of households rent today, against 31.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 39.7% to 41.9%.

Community

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Local insights

Tips for renters in ZIP 86303

About renting in ZIP 86303

Last updated: July 20, 2026

ZIP code 86303 covers Prescott, AZ. The median rent here is $1,744/mo as of July 2026. A 1-bedroom rents for a median of $1,230/mo. A 2-bedroom rents for a median of $1,540/mo.

At 29% of local median household income ($72,359/yr), ZIP 86303 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 86303?

As of July 20, 2026, the median monthly rent in ZIP 86303 (Prescott, AZ) is $1,744. This is based on aggregated data from public sources and community submissions.

How does ZIP 86303 rent compare to the US average?

ZIP 86303's median rent of $1,744/mo is $221 (11%) below the US national median of $1,965/mo.

How does ZIP 86303 compare to other ZIPs in Arizona?

ZIP 86303 falls in the middle range for Arizona, ranking #92 out of 185 ZIPs at $1,744/mo.

How much income do you need to rent in ZIP 86303?

To keep rent at or below 30% of gross income, you would need to earn at least $70,000/year (~$34/hour full-time) to afford the median rent of $1,744/mo in ZIP 86303. The local median household income is $72,359/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 86303?

Rent in ZIP 86303 has decreased 2.1% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 86303 an affordable place to rent?

ZIP 86303 is considered affordable for renters. At $1,744/mo, rent takes approximately 29% of the local median household income ($72,359/yr). The standard benchmark is 30%. ZIP 86303 falls comfortably within that range.

What percentage of ZIP 86303 residents rent vs. own?

According to Census data, approximately 29.2% of ZIP 86303 households are renters, while 70.8% are owner-occupied. ZIP 86303 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 86303 compare to the rest of Prescott?

ZIP 86303 is more affordable than Prescott overall. At $1,744/mo, it's $97 below the Prescott citywide median of $1,841/mo.

When was rent data for ZIP 86303 last updated?

Rent data for ZIP 86303 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
29%
AFFORDABLE

At $1,744/mo, rent takes ~29% of ZIP 86303's median household income ($72,359/yr). The standard benchmark is 30%.

ZIP 86303 29%Benchmark 30%
State income tax2.5%
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Schools nearby

Public schools near ZIP 86303 (Prescott, AZ)

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