Prescott Valley-Prescott vs Springfield
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Springfield is 39% cheaper for renters. A 2-bedroom rents for $756/mo vs $1,054/mo in Prescott Valley-Prescott — saving $3,576/year.
Rent by Unit Size
| Unit Size | Prescott Valley-Prescott | Springfield | Difference |
|---|---|---|---|
| Studio | $648 | $519 | $129 |
| 1 Bedroom | $826 | $612 | $214 |
| 2 Bedrooms | $1,054 | $756 | $298 |
| 3 Bedrooms | $1,277 | $923 | $354 |
| 4 Bedrooms | $1,437 | $1,067 | $370 |
| Median Income | $60,079 | $44,958 | $15,121 |
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
- $519/mo
- 1 BR
- $612/mo
- 2 BR
- $756/mo
- 3 BR
- $923/mo
- 4 BR
- $1,067/mo
- Median Income
- $44,958/yr
Frequently Asked Questions
Is Prescott Valley-Prescott or Springfield cheaper to rent in?
Springfield is cheaper — a 2-bedroom Fair Market Rent is $756/mo vs $1,054/mo in Prescott Valley-Prescott. That's $298/mo or $3,576/year more expensive in Prescott Valley-Prescott (39% 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 $756/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 $44,958/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 $519/mo.