FairRentWize

Prescott Valley-Prescott vs Virginia Beach-Norfolk-Newport News

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Virginia Beach-Norfolk-Newport News is 6% cheaper for renters. A 2-bedroom rents for $994/mo vs $1,054/mo in Prescott Valley-Prescott — saving $720/year.

Rent by Unit Size

Unit SizePrescott Valley-PrescottVirginia Beach-Norfolk-Newport NewsDifference
Studio$648$659$11
1 Bedroom$826$824$2
2 Bedrooms$1,054$994$60
3 Bedrooms$1,277$1,234$43
4 Bedrooms$1,437$1,448$11
Median Income$60,079$57,948$2,131

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
Full Prescott Valley-Prescott profile →

Virginia Beach-Norfolk-Newport News

Studio
$659/mo
1 BR
$824/mo
2 BR
$994/mo
3 BR
$1,234/mo
4 BR
$1,448/mo
Median Income
$57,948/yr
Full Virginia Beach-Norfolk-Newport News profile →

Frequently Asked Questions

Is Prescott Valley-Prescott or Virginia Beach-Norfolk-Newport News cheaper to rent in?
Virginia Beach-Norfolk-Newport News is cheaper — a 2-bedroom Fair Market Rent is $994/mo vs $1,054/mo in Prescott Valley-Prescott. That's $60/mo or $720/year more expensive in Prescott Valley-Prescott (6% higher).
What is the 2-bedroom rent in Prescott Valley-Prescott vs Virginia Beach-Norfolk-Newport News?
The HUD Fair Market Rent for a 2-bedroom in Prescott Valley-Prescott is $1,054/month. In Virginia Beach-Norfolk-Newport News, a 2-bedroom FMR is $994/month.
How do incomes compare between Prescott Valley-Prescott and Virginia Beach-Norfolk-Newport News?
The median household income in Prescott Valley-Prescott is $60,079/year. In Virginia Beach-Norfolk-Newport News it is $57,948/year. Prescott Valley-Prescott has the higher median income.
What is the studio rent in Prescott Valley-Prescott vs Virginia Beach-Norfolk-Newport News?
A studio apartment Fair Market Rent in Prescott Valley-Prescott is $648/mo. In Virginia Beach-Norfolk-Newport News it is $659/mo.