Prescott Valley-Prescott vs Reno
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Prescott Valley-Prescott is 15% cheaper for renters. A 2-bedroom rents for $1,054/mo vs $1,208/mo in Reno — saving $1,848/year.
Rent by Unit Size
| Unit Size | Prescott Valley-Prescott | Reno | Difference |
|---|---|---|---|
| Studio | $648 | $773 | $125 |
| 1 Bedroom | $826 | $946 | $120 |
| 2 Bedrooms | $1,054 | $1,208 | $154 |
| 3 Bedrooms | $1,277 | $1,422 | $145 |
| 4 Bedrooms | $1,437 | $1,636 | $199 |
| Median Income | $60,079 | $59,858 | $221 |
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
Reno
- Studio
- $773/mo
- 1 BR
- $946/mo
- 2 BR
- $1,208/mo
- 3 BR
- $1,422/mo
- 4 BR
- $1,636/mo
- Median Income
- $59,858/yr
Frequently Asked Questions
Is Prescott Valley-Prescott or Reno cheaper to rent in?
Prescott Valley-Prescott is cheaper — a 2-bedroom Fair Market Rent is $1,054/mo vs $1,208/mo in Reno. That's $154/mo or $1,848/year more expensive in Reno (15% higher).
What is the 2-bedroom rent in Prescott Valley-Prescott vs Reno?
The HUD Fair Market Rent for a 2-bedroom in Prescott Valley-Prescott is $1,054/month. In Reno, a 2-bedroom FMR is $1,208/month.
How do incomes compare between Prescott Valley-Prescott and Reno?
The median household income in Prescott Valley-Prescott is $60,079/year. In Reno it is $59,858/year. Prescott Valley-Prescott has the higher median income.
What is the studio rent in Prescott Valley-Prescott vs Reno?
A studio apartment Fair Market Rent in Prescott Valley-Prescott is $648/mo. In Reno it is $773/mo.