Prescott Valley-Prescott vs Springfield
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Springfield is 46% cheaper for renters. A 2-bedroom rents for $720/mo vs $1,054/mo in Prescott Valley-Prescott — saving $4,008/year.
Rent by Unit Size
| Unit Size | Prescott Valley-Prescott | Springfield | Difference |
|---|---|---|---|
| Studio | $648 | $490 | $158 |
| 1 Bedroom | $826 | $583 | $243 |
| 2 Bedrooms | $1,054 | $720 | $334 |
| 3 Bedrooms | $1,277 | $925 | $352 |
| 4 Bedrooms | $1,437 | $987 | $450 |
| Median Income | $60,079 | $37,539 | $22,540 |
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
Springfield
- Studio
- $490/mo
- 1 BR
- $583/mo
- 2 BR
- $720/mo
- 3 BR
- $925/mo
- 4 BR
- $987/mo
- Median Income
- $37,539/yr
Frequently Asked Questions
Is Prescott Valley-Prescott or Springfield cheaper to rent in?
Springfield is cheaper — a 2-bedroom Fair Market Rent is $720/mo vs $1,054/mo in Prescott Valley-Prescott. That's $334/mo or $4,008/year more expensive in Prescott Valley-Prescott (46% higher).
What is the 2-bedroom rent in Prescott Valley-Prescott vs Springfield?
The HUD Fair Market Rent for a 2-bedroom in Prescott Valley-Prescott is $1,054/month. In Springfield, a 2-bedroom FMR is $720/month.
How do incomes compare between Prescott Valley-Prescott and Springfield?
The median household income in Prescott Valley-Prescott is $60,079/year. In Springfield it is $37,539/year. Prescott Valley-Prescott has the higher median income.
What is the studio rent in Prescott Valley-Prescott vs Springfield?
A studio apartment Fair Market Rent in Prescott Valley-Prescott is $648/mo. In Springfield it is $490/mo.