Phoenix-Mesa-Chandler vs Prescott Valley-Prescott
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Prescott Valley-Prescott is 10% cheaper for renters. A 2-bedroom rents for $1,054/mo vs $1,158/mo in Phoenix-Mesa-Chandler — saving $1,248/year.
Rent by Unit Size
| Unit Size | Phoenix-Mesa-Chandler | Prescott Valley-Prescott | Difference |
|---|---|---|---|
| Studio | $752 | $648 | $104 |
| 1 Bedroom | $943 | $826 | $117 |
| 2 Bedrooms | $1,158 | $1,054 | $104 |
| 3 Bedrooms | $1,495 | $1,277 | $218 |
| 4 Bedrooms | $1,715 | $1,437 | $278 |
| Median Income | $62,754 | $60,079 | $2,675 |
Phoenix-Mesa-Chandler
- Studio
- $752/mo
- 1 BR
- $943/mo
- 2 BR
- $1,158/mo
- 3 BR
- $1,495/mo
- 4 BR
- $1,715/mo
- Median Income
- $62,754/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 Phoenix-Mesa-Chandler or Prescott Valley-Prescott cheaper to rent in?
Prescott Valley-Prescott is cheaper — a 2-bedroom Fair Market Rent is $1,054/mo vs $1,158/mo in Phoenix-Mesa-Chandler. That's $104/mo or $1,248/year more expensive in Phoenix-Mesa-Chandler (10% higher).
What is the 2-bedroom rent in Phoenix-Mesa-Chandler vs Prescott Valley-Prescott?
The HUD Fair Market Rent for a 2-bedroom in Phoenix-Mesa-Chandler is $1,158/month. In Prescott Valley-Prescott, a 2-bedroom FMR is $1,054/month.
How do incomes compare between Phoenix-Mesa-Chandler and Prescott Valley-Prescott?
The median household income in Phoenix-Mesa-Chandler is $62,754/year. In Prescott Valley-Prescott it is $60,079/year. Phoenix-Mesa-Chandler has the higher median income.
What is the studio rent in Phoenix-Mesa-Chandler vs Prescott Valley-Prescott?
A studio apartment Fair Market Rent in Phoenix-Mesa-Chandler is $752/mo. In Prescott Valley-Prescott it is $648/mo.