Prescott, AZ housing market
Typical home value
$593K
▼ 0.3% 1 yr
Typical rent
$1,857/mo
▲ 0.9% 1 yr
Gross rent yield
3.8%
U.S. 6.3%
5-year home value change
+12%
U.S. +20%
Key takeaways
- 1The typical home in Prescott is worth $592,855, down 0.3% over the past year and up 12% over five years.
- 2Typical rent is $1,857 a month (+0.9% YoY), a gross rent yield of 3.8%.
- 3With 20% down at 7.32%, principal and interest on the typical home is about $3,258/mo, $1,401 more than typical rent.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Prescott compares
| Measure | Prescott | United States |
|---|---|---|
| Typical home value | $592,855 | $366,157 |
| Home value, 1-yr change | −0.3% | +1.2% |
| Typical rent | $1,857 | $1,932 |
| Rent, 1-yr change | +0.9% | +2.7% |
| Gross rent yield | 3.8% | 6.3% |
| Price-to-rent ratio | 26.6 | 15.8 |
| Mortgage P&I, typical home | $3,258 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Prescott rental, pre-filled.
Rent vs buy in Prescott
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $593K home.
Other Arizona cities
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▼ 1.2% 1 yr
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$319K home$1,428 rent
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$513K home$1,893 rent
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Gilbert, AZ
$565K home$2,079 rent
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Glendale, AZ
$400K home$1,511 rent
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Scottsdale, AZ
$852K home$2,114 rent
▲ 3.4% 1 yr
Peoria, AZ
$480K home$1,851 rent
▼ 0.7% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.