Panama City vs Prescott Valley-Prescott
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Panama City is 20% cheaper for renters. A 2-bedroom rents for $879/mo vs $1,054/mo in Prescott Valley-Prescott — saving $2,100/year.
Rent by Unit Size
| Unit Size | Panama City | Prescott Valley-Prescott | Difference |
|---|---|---|---|
| Studio | $571 | $648 | $77 |
| 1 Bedroom | $706 | $826 | $120 |
| 2 Bedrooms | $879 | $1,054 | $175 |
| 3 Bedrooms | $1,032 | $1,277 | $245 |
| 4 Bedrooms | $1,302 | $1,437 | $135 |
| Median Income | $44,385 | $60,079 | $15,694 |
Panama City
- Studio
- $571/mo
- 1 BR
- $706/mo
- 2 BR
- $879/mo
- 3 BR
- $1,032/mo
- 4 BR
- $1,302/mo
- Median Income
- $44,385/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 Panama City or Prescott Valley-Prescott cheaper to rent in?
Panama City is cheaper — a 2-bedroom Fair Market Rent is $879/mo vs $1,054/mo in Prescott Valley-Prescott. That's $175/mo or $2,100/year more expensive in Prescott Valley-Prescott (20% higher).
What is the 2-bedroom rent in Panama City vs Prescott Valley-Prescott?
The HUD Fair Market Rent for a 2-bedroom in Panama City is $879/month. In Prescott Valley-Prescott, a 2-bedroom FMR is $1,054/month.
How do incomes compare between Panama City and Prescott Valley-Prescott?
The median household income in Panama City is $44,385/year. In Prescott Valley-Prescott it is $60,079/year. Prescott Valley-Prescott has the higher median income.
What is the studio rent in Panama City vs Prescott Valley-Prescott?
A studio apartment Fair Market Rent in Panama City is $571/mo. In Prescott Valley-Prescott it is $648/mo.