Idaho Falls vs Prescott Valley-Prescott
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Idaho Falls is 18% cheaper for renters. A 2-bedroom rents for $897/mo vs $1,054/mo in Prescott Valley-Prescott — saving $1,884/year.
Rent by Unit Size
| Unit Size | Idaho Falls | Prescott Valley-Prescott | Difference |
|---|---|---|---|
| Studio | $583 | $648 | $65 |
| 1 Bedroom | $710 | $826 | $116 |
| 2 Bedrooms | $897 | $1,054 | $157 |
| 3 Bedrooms | $1,089 | $1,277 | $188 |
| 4 Bedrooms | $1,288 | $1,437 | $149 |
| Median Income | $42,238 | $60,079 | $17,841 |
Idaho Falls
- Studio
- $583/mo
- 1 BR
- $710/mo
- 2 BR
- $897/mo
- 3 BR
- $1,089/mo
- 4 BR
- $1,288/mo
- Median Income
- $42,238/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 Idaho Falls or Prescott Valley-Prescott cheaper to rent in?
Idaho Falls is cheaper — a 2-bedroom Fair Market Rent is $897/mo vs $1,054/mo in Prescott Valley-Prescott. That's $157/mo or $1,884/year more expensive in Prescott Valley-Prescott (18% higher).
What is the 2-bedroom rent in Idaho Falls vs Prescott Valley-Prescott?
The HUD Fair Market Rent for a 2-bedroom in Idaho Falls is $897/month. In Prescott Valley-Prescott, a 2-bedroom FMR is $1,054/month.
How do incomes compare between Idaho Falls and Prescott Valley-Prescott?
The median household income in Idaho Falls is $42,238/year. In Prescott Valley-Prescott it is $60,079/year. Prescott Valley-Prescott has the higher median income.
What is the studio rent in Idaho Falls vs Prescott Valley-Prescott?
A studio apartment Fair Market Rent in Idaho Falls is $583/mo. In Prescott Valley-Prescott it is $648/mo.