Cheyenne vs Prescott Valley-Prescott
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cheyenne is 16% cheaper for renters. A 2-bedroom rents for $906/mo vs $1,054/mo in Prescott Valley-Prescott — saving $1,776/year.
Rent by Unit Size
| Unit Size | Cheyenne | Prescott Valley-Prescott | Difference |
|---|---|---|---|
| Studio | $586 | $648 | $62 |
| 1 Bedroom | $741 | $826 | $85 |
| 2 Bedrooms | $906 | $1,054 | $148 |
| 3 Bedrooms | $1,120 | $1,277 | $157 |
| 4 Bedrooms | $1,322 | $1,437 | $115 |
| Median Income | $46,984 | $60,079 | $13,095 |
Cheyenne
- Studio
- $586/mo
- 1 BR
- $741/mo
- 2 BR
- $906/mo
- 3 BR
- $1,120/mo
- 4 BR
- $1,322/mo
- Median Income
- $46,984/yr
Prescott Valley-Prescott
- Studio
- $648/mo
- 1 BR
- $826/mo
- 2 BR
- $1,054/mo
- 3 BR
- $1,277/mo
- 4 BR
- $1,437/mo
- Median Income
- $60,079/yr
Frequently Asked Questions
Is Cheyenne or Prescott Valley-Prescott cheaper to rent in?
Cheyenne is cheaper — a 2-bedroom Fair Market Rent is $906/mo vs $1,054/mo in Prescott Valley-Prescott. That's $148/mo or $1,776/year more expensive in Prescott Valley-Prescott (16% higher).
What is the 2-bedroom rent in Cheyenne vs Prescott Valley-Prescott?
The HUD Fair Market Rent for a 2-bedroom in Cheyenne is $906/month. In Prescott Valley-Prescott, a 2-bedroom FMR is $1,054/month.
How do incomes compare between Cheyenne and Prescott Valley-Prescott?
The median household income in Cheyenne is $46,984/year. In Prescott Valley-Prescott it is $60,079/year. Prescott Valley-Prescott has the higher median income.
What is the studio rent in Cheyenne vs Prescott Valley-Prescott?
A studio apartment Fair Market Rent in Cheyenne is $586/mo. In Prescott Valley-Prescott it is $648/mo.