Las Cruces vs Prescott Valley-Prescott
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Las Cruces is 31% cheaper for renters. A 2-bedroom rents for $806/mo vs $1,054/mo in Prescott Valley-Prescott — saving $2,976/year.
Rent by Unit Size
| Unit Size | Las Cruces | Prescott Valley-Prescott | Difference |
|---|---|---|---|
| Studio | $537 | $648 | $111 |
| 1 Bedroom | $638 | $826 | $188 |
| 2 Bedrooms | $806 | $1,054 | $248 |
| 3 Bedrooms | $949 | $1,277 | $328 |
| 4 Bedrooms | $1,133 | $1,437 | $304 |
| Median Income | $43,858 | $60,079 | $16,221 |
Las Cruces
- Studio
- $537/mo
- 1 BR
- $638/mo
- 2 BR
- $806/mo
- 3 BR
- $949/mo
- 4 BR
- $1,133/mo
- Median Income
- $43,858/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 Las Cruces or Prescott Valley-Prescott cheaper to rent in?
Las Cruces is cheaper — a 2-bedroom Fair Market Rent is $806/mo vs $1,054/mo in Prescott Valley-Prescott. That's $248/mo or $2,976/year more expensive in Prescott Valley-Prescott (31% higher).
What is the 2-bedroom rent in Las Cruces vs Prescott Valley-Prescott?
The HUD Fair Market Rent for a 2-bedroom in Las Cruces is $806/month. In Prescott Valley-Prescott, a 2-bedroom FMR is $1,054/month.
How do incomes compare between Las Cruces and Prescott Valley-Prescott?
The median household income in Las Cruces is $43,858/year. In Prescott Valley-Prescott it is $60,079/year. Prescott Valley-Prescott has the higher median income.
What is the studio rent in Las Cruces vs Prescott Valley-Prescott?
A studio apartment Fair Market Rent in Las Cruces is $537/mo. In Prescott Valley-Prescott it is $648/mo.