In Prescott, a typical home is worth $564,100 and typical rent is $1,395 a month. Compared with all of Yavapai County, the typical home value is 33% higher and the share of households that own their home is 7 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $530,801 to $592,855.
Typical rent
$1,857a month
▲ 0.9% more than 12 months ago
Typical rent from Zillow, December 2021 to September 2026: from $1,615 to $1,857.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Prescott is in Yavapai County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Yavapai County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Cottonwood, the typical home value is $324,100: 43% less than in Prescott ($564,100).
2
The typical home in Prescott is worth $564,100,33% more than in Yavapai County as a whole ($425,200).
3
Nearby, in Cottonwood, the typical rent is $1,120: 20% less than in Prescott ($1,395).
4
68% of households in Prescott own their home, against 75% in Yavapai County.
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Prescott
What homes there are in Prescott, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Prescott
Yavapai County
Arizona
United States
Kind of home: Prescott and its comparisons
Measure
Prescott
Yavapai County
Arizona
United States
Detached house
67%
67%
64%
61%
Attached house
4%
3%
5%
6%
Building of 2 to 4
8%
5%
5%
8%
Apartments (5 or more)
14%
7%
16%
19%
Mobile home
6%
17%
9%
6%
Boat, RV and other
Unreliable estimate
1%
0%
0%
The detached house is the most common home in Prescott: 67% of homes, near the figure in Yavapai County (67%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Prescott
Yavapai County
Arizona
United States
Year built: Prescott and its comparisons
Measure
Prescott
Yavapai County
Arizona
United States
Before 1960
11%
5%
8%
26%
1960–1979
22%
18%
22%
24%
1980–1999
32%
39%
34%
25%
2000–2009
19%
23%
22%
14%
2010 or later
16%
15%
14%
11%
The typical year built in Prescott is 1992, about the same as in Yavapai County (1995).
There are fewer big homes in Prescott than in Yavapai County: 55% have 3 bedrooms or more, against 60%.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limit
Under $100K5%
$100K–$200K2%
$200K–$300K6%
$300K–$500K27%
$500K–$750K35%
FHA limit: $541,287
$750K–$1M15%
$1M or more9%
Value of owner-occupied homes: Prescott and its comparisons
Measure
Prescott
Under $100K
5%
$100K–$200K
2%
$200K–$300K
6%
$300K–$500K
27%
$500K–$750K
35%
$750K–$1M
15%
$1M or more
9%
About 47% of owner-occupied homes in Prescott are worth less than the FHA loan limit for Yavapai County ($541,287); the rest are worth more.
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99921%
$1,000–$1,49932%
$1,500–$1,99925%
$2,000–$2,49910%
$2,500–$2,999Unreliable
$3,000 or more7%
Monthly rent with utilities: Prescott and its comparisons
Measure
Prescott
Under $500
Unreliable estimate
$500–$999
21%
$1,000–$1,499
32%
$1,500–$1,999
25%
$2,000–$2,499
10%
$2,500–$2,999
Unreliable estimate
$3,000 or more
7%
With a mortgage
$1,867 a month
Yavapai County: $1,679 a month
Without a mortgage
$508 a month
Yavapai County: $481 a month
Owners with a mortgage
50%
Yavapai County: 55%
The typical cost for an owner with a mortgage in Prescott is $1,867 a month, more than in Yavapai County ($1,679); without one, $508.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Prescott+62%
Yavapai County+69%
Arizona+75%
United States+53%
Typical rent
Prescott+56%
Yavapai County+43%
Arizona+47%
United States+33%
Typical household income
Prescott+27%
Yavapai County+33%
Arizona+36%
United States+29%
Change since 2015–2019: Prescott and its comparisons
Measure
Prescott
Yavapai County
Arizona
United States
Typical home value
+62%
+69%
+75%
+53%
Typical rent
+56%
+43%
+47%
+33%
Typical household income
+27%
+33%
+36%
+29%
Homes in Prescott gained value more slowly than in Yavapai County: 62% since 2015–2019, against 69%.
Since 2015–2019, the typical rent in Prescott rose 56%, more than in Yavapai County (43%).
Here income did not keep up with housing: it rose 27%, while home values changed +62% and rent +56%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Prescott and its comparisons
Measure
Prescott
Yavapai County
Arizona
United States
Rental vacancy
Unreliable estimate
3.4%
5.8%
5.5%
Homeowner vacancy
Unreliable estimate
0.9%
1.0%
0.9%
More than one person per room
Unreliable estimate
2.3%
4.3%
3.4%
People per household
1.97
2.17
2.53
2.53
Drive alone
70%
71%
67%
69%
Carpool
7%
10%
10%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
5%
3%
2%
3%
Work from home
14%
14%
18%
15%
Other means
3%
2%
2%
2%
Typical commute
10 to 19 minutes
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
On average, a household in Prescott has 1.97 people, fewer than in Yavapai County (2.17).
The car rules in Prescott: 70% of workers drive to work alone, and the typical trip takes 10 to 19 minutes.
Do the math
What would you pay each month for a home in Prescott?
A typical home costs more than the typical income allows
We start with a typical home in Prescott, worth $564,100, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 74% of the typical household income in Prescott, which is $70,874 a year. For that payment to be 28% of income, a household would need to earn about $188,223 a year. Note: at that price the loan is above the FHA limit for Yavapai County ($541,287), so FHA would not insure it; the payment is only a reference.
The calculator's FHA and conventional loan limits are those of all of Yavapai County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Prescott. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $19,744 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$4,392
at 7.18% · 30 years
Loan amount
$553,882
Total interest
$796,907
Paid off in
November 2056
Includes $9,526 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,654 a month
Tight
$1,654 to $2,126 a month
Hard
more than $2,126 a month
Your payment · 74%
Compared with the typical household income in Prescott ($70,874 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$3,752
Property tax
$155
Home insurance
$235
FHA mortgage insurance (MIP)
$249
This loan is over the FHA limit
You'd borrow $544,356, but the FHA limit for a one-unit home in Prescott is $541,287. You'd need a bigger down payment or a different loan.
You need at least $19,744 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $4,392; principal and interest $3,752.
The city and its county
Prescott and Yavapai County
Prescott is in Yavapai County, Arizona. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Prescott
Map of Yavapai County, Arizona, with Prescott marked. Around it, the neighboring counties.
Prescott
Yavapai County
Other cities with a page
Prescott's own numbers
Typical home value
$564,100
Typical monthly rent
$1,395
Typical yearly household income
$70,874
Households that own their home
68%
Effective property tax rate
0.33%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Yavapai County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,550
Price change over 5 years (FHFA)
+55%
Homes in a high flood-risk zone
3.7%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Yavapai County.
A typical home in Prescott is worth $564,100: 33% above the county and 43% above Arizona. With the typical household income in Prescott ($70,874 a year), a typical home costs 8.0 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Prescott8.0 years
Yavapai6.1 years
Arizona4.9 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Yavapai County
According to FHFA’s house price index, home prices in Yavapai County rose 121% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Yavapai County.
Yearly change in FHFA’s price index in Yavapai County, 2016 to 2025
2016: +7.0% +7.0% 2016
2017: +9.0% +9.0% 2017
2018: +9.2% +9.2% 2018
2019: +6.4% +6.4% 2019
2020: +5.1% +5.1% 2020
2021: +18.1% +18.1% 2021
2022: +19.4% +19.4% 2022
2023: +3.2% +3.2% 2023
2024: +3.8% +3.8% 2024
2025: +2.6% +2.6% 2025
Change in FHFA’s price index in Yavapai County, Arizona and the United States
Period
County
Arizona
U.S.
Last year (2025)
+2.6%
+0.9%
+2.9%
5 years (2020–2025)
+55%
+55%
+47%
10 years (2015–2025)
+121%
+119%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Prescott next to Yavapai County, Arizona and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Prescott$564,100
Yavapai$425,200
Arizona$394,500
United States$332,700
Typical monthly rent
Prescott$1,395
Yavapai$1,351
Arizona$1,543
United States$1,413
Typical yearly household income
Prescott$70,874
Yavapai$69,613
Arizona$79,964
United States$80,734
See the full table
Prescott next to Yavapai County and Arizona
Measure
Prescott
Yavapai County
Arizona
U.S.
Typical home value
$564,100 ▲33% above the county
$425,200
$394,500
$332,700
Typical monthly rent
$1,395 ▲3% above the county
$1,351
$1,543
$1,413
Typical yearly household income
$70,874
$69,613
$79,964
$80,734
Households that own their home
68% ▼7 points below the county
75%
67%
65%
Typical yearly property tax
$1,885 ▲8% above the county
$1,750
$1,879
$3,119
Effective property tax rate
0.33% ▼0.08 points below the county
0.41%
0.48%
0.94%
Renters with high rent for their income
53% ▲6 points above the county
46%
51%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Yavapai County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Prescott
For a typical $564,100 home in Prescott, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Prescott's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$4,392a month
Above the FHA limit for Yavapai County ($541,287)
Down payment
$19,744
Cash to close
$36,667
Rate
7.18%
Mortgage insurance
FHA MIP · $249
Conventional, 5% down$4,288a month
Least cash to close
Down payment
$28,205
Cash to close
$45,128
Rate
7.18%
Mortgage insurance
PMI · $268
Conventional, 20% down, no PMI$3,447a month
Down payment
$112,820
Cash to close
$129,743
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$3,969a month
Down payment
$84,615
Cash to close
$101,538
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Prescott
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Above the FHA limit for Yavapai County ($541,287)
$4,392
$19,744
$553,883
7.18%
FHA MIP · $249
$36,667
580
Conventional, 5% down Least cash to close
$4,288
$28,205
$535,895
7.18%
PMI · $268
$45,128
620*
Conventional, 20% down, no PMI
$3,447
$112,820
$451,280
7.18%
None
$129,743
620*
ITIN, 15% down (example)
$3,969
$84,615
$479,485
8.18%
None
$101,538
Set by the lender
The option that asks for the least cash to close is Conventional, 5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Prescott is $1,395 a month: 3% above the county. In Prescott, 53% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Yavapai County, by unit size. To pay the 2-bedroom one ($1,550 a month) without spending more than 30% of your income, you would need to earn $29.81 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Yavapai County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,079
$20.75
$43,160
1 bedroom
$1,242
$23.88
$49,680
2 bedrooms
$1,550
$29.81
$62,000
3 bedrooms
$2,146
$41.27
$85,840
4 bedrooms
$2,263
$43.52
$90,520
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Prescott
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Prescott has 4 ZIP codes with their own.
For 2 bedrooms it runs from $1,480 in 86303 to $1,800 in 86313.
2 of the 4 are above the fair market rent for Yavapai County ($1,550).
2-bedroom fair market rent in each of the 4 ZIP codes of Prescott, beside the one for Yavapai County. For 2 bedrooms it runs from $1,480 in 86303 to $1,800 in 86313. 2 of the 4 are above the fair market rent for Yavapai County ($1,550).
2-bedroom fair market rent in each ZIP code
Each line is one ZIP code: in color, those above the county's fair market rent; in gray, the rest.
County: $1,550
Lowest: $1,480 (86303)Highest: $1,800 (86313)
Fair market rent by ZIP code and size in Prescott, fiscal year 2027.
86301
$1,250
$1,440
$1,800
$2,490
$2,640
86303
$1,020
$1,180
$1,480
$2,050
$2,250
86305
$1,020
$1,180
$1,480
$2,050
$2,250
86313
$1,250
$1,440
$1,800
$2,490
$2,640
ZIP code2 bd3 bd
86301 $1,800$2,490
86303 $1,480$2,050
86305 $1,480$2,050
86313 $1,800$2,490
4 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Prescott when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Yavapai County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Prescott or Yavapai County. The ones below are statewide in Arizona: they work in Prescott the same as in the rest of the state.
Arizona IDA down payment assistance across Arizona: a second loan with no interest and no payments, forgiven after five years.Offered by Arizona Industrial Development Authority (Arizona IDA).
No legal help resource on our list is for Prescott or Yavapai County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Prescott and all of Yavapai County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Prescott?
The typical home value in Prescott is $564,100, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Yavapai County it is $425,200.
How much does it cost to rent in Prescott?
Typical rent in Prescott is $1,395 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Yavapai County is $1,550.
What is the FHA loan limit in Prescott?
Prescott uses the FHA limit for all of Yavapai County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Prescott?
The typical homeowner in Prescott pays $1,885 a year, according to the U.S. Census Bureau. That is 0.33% of the home’s value; in Yavapai County, the rate is 0.41%.
Where can I find free help to buy or rent in Prescott?
We found no HUD-approved counseling agencies with an office in Yavapai County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
