FairRentWize

New York-Newark-Jersey City vs Prescott Valley-Prescott

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Prescott Valley-Prescott is 118% cheaper for renters. A 2-bedroom rents for $1,054/mo vs $2,293/mo in New York-Newark-Jersey City — saving $14,868/year.

Rent by Unit Size

Unit SizeNew York-Newark-Jersey CityPrescott Valley-PrescottDifference
Studio$1,531$648$883
1 Bedroom$1,813$826$987
2 Bedrooms$2,293$1,054$1,239
3 Bedrooms$2,674$1,277$1,397
4 Bedrooms$3,167$1,437$1,730
Median Income$124,777$60,079$64,698

New York-Newark-Jersey City

Studio
$1,531/mo
1 BR
$1,813/mo
2 BR
$2,293/mo
3 BR
$2,674/mo
4 BR
$3,167/mo
Median Income
$124,777/yr
Full New York-Newark-Jersey City 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 New York-Newark-Jersey City or Prescott Valley-Prescott cheaper to rent in?
Prescott Valley-Prescott is cheaper — a 2-bedroom Fair Market Rent is $1,054/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,239/mo or $14,868/year more expensive in New York-Newark-Jersey City (118% higher).
What is the 2-bedroom rent in New York-Newark-Jersey City vs Prescott Valley-Prescott?
The HUD Fair Market Rent for a 2-bedroom in New York-Newark-Jersey City is $2,293/month. In Prescott Valley-Prescott, a 2-bedroom FMR is $1,054/month.
How do incomes compare between New York-Newark-Jersey City and Prescott Valley-Prescott?
The median household income in New York-Newark-Jersey City is $124,777/year. In Prescott Valley-Prescott it is $60,079/year. New York-Newark-Jersey City has the higher median income.
What is the studio rent in New York-Newark-Jersey City vs Prescott Valley-Prescott?
A studio apartment Fair Market Rent in New York-Newark-Jersey City is $1,531/mo. In Prescott Valley-Prescott it is $648/mo.