Fargo vs Prescott Valley-Prescott
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fargo is 15% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,054/mo in Prescott Valley-Prescott — saving $1,692/year.
Rent by Unit Size
| Unit Size | Fargo | Prescott Valley-Prescott | Difference |
|---|---|---|---|
| Studio | $577 | $648 | $71 |
| 1 Bedroom | $717 | $826 | $109 |
| 2 Bedrooms | $913 | $1,054 | $141 |
| 3 Bedrooms | $1,145 | $1,277 | $132 |
| 4 Bedrooms | $1,249 | $1,437 | $188 |
| Median Income | $45,978 | $60,079 | $14,101 |
Fargo
- Studio
- $577/mo
- 1 BR
- $717/mo
- 2 BR
- $913/mo
- 3 BR
- $1,145/mo
- 4 BR
- $1,249/mo
- Median Income
- $45,978/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 Fargo or Prescott Valley-Prescott cheaper to rent in?
Fargo is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,054/mo in Prescott Valley-Prescott. That's $141/mo or $1,692/year more expensive in Prescott Valley-Prescott (15% higher).
What is the 2-bedroom rent in Fargo vs Prescott Valley-Prescott?
The HUD Fair Market Rent for a 2-bedroom in Fargo is $913/month. In Prescott Valley-Prescott, a 2-bedroom FMR is $1,054/month.
How do incomes compare between Fargo and Prescott Valley-Prescott?
The median household income in Fargo is $45,978/year. In Prescott Valley-Prescott it is $60,079/year. Prescott Valley-Prescott has the higher median income.
What is the studio rent in Fargo vs Prescott Valley-Prescott?
A studio apartment Fair Market Rent in Fargo is $577/mo. In Prescott Valley-Prescott it is $648/mo.