$2,695 Per Month
- 3 Beds
- 2 Baths
- 1,500 Sq Ft
- House for Rent
5744 E Killen Loop, Prescott Valley, AZ 86314
5744 E Killen Loop, Prescott Valley, AZ 86314
Frequently Asked Questions
How much does it cost to rent a home in Prescott Valley, AZ?
The median rent for a home in Prescott Valley, AZ is $2,590 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Prescott Valley, AZ?
To comfortably afford the median rent in Prescott Valley, AZ, a household needs to earn roughly $103,600 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,590 per month in Prescott Valley, AZ, renters typically need to show $7,770 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Prescott Valley, AZ?
In Prescott Valley, AZ, the price-to-rent ratio is 16.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Prescott Valley, AZ are best for renting a home?
The best neighborhood for renting in Prescott Valley, AZ depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Granville, Prescott Golf & Country Club, Jasper, Quailwood Meadows and Prescott Lakes, each with its own character and price range.
