FairRentWize

Chico vs Prescott Valley-Prescott

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Prescott Valley-Prescott is 0% cheaper for renters. A 2-bedroom rents for $1,054/mo vs $1,059/mo in Chico — saving $60/year.

Rent by Unit Size

Unit SizeChicoPrescott Valley-PrescottDifference
Studio$698$648$50
1 Bedroom$859$826$33
2 Bedrooms$1,059$1,054$5
3 Bedrooms$1,354$1,277$77
4 Bedrooms$1,491$1,437$54
Median Income$66,884$60,079$6,805

Chico

Studio
$698/mo
1 BR
$859/mo
2 BR
$1,059/mo
3 BR
$1,354/mo
4 BR
$1,491/mo
Median Income
$66,884/yr
Full Chico profile →

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
Full Prescott Valley-Prescott profile →

Frequently Asked Questions

Is Chico or Prescott Valley-Prescott cheaper to rent in?
Prescott Valley-Prescott is cheaper — a 2-bedroom Fair Market Rent is $1,054/mo vs $1,059/mo in Chico. That's $5/mo or $60/year more expensive in Chico (0% higher).
What is the 2-bedroom rent in Chico vs Prescott Valley-Prescott?
The HUD Fair Market Rent for a 2-bedroom in Chico is $1,059/month. In Prescott Valley-Prescott, a 2-bedroom FMR is $1,054/month.
How do incomes compare between Chico and Prescott Valley-Prescott?
The median household income in Chico is $66,884/year. In Prescott Valley-Prescott it is $60,079/year. Chico has the higher median income.
What is the studio rent in Chico vs Prescott Valley-Prescott?
A studio apartment Fair Market Rent in Chico is $698/mo. In Prescott Valley-Prescott it is $648/mo.