Affordable & Income-Based Housing in Prescott

Affordability in Prescott, AZ

According to Census ACS 5-Year data (as of 2024), the median gross rent in Prescott is $1,395 per month and the median household income is $70,874 per year. About 32% of Prescott residents are renters, meaning the majority of housing in the city is owner-occupied.

Lease Lantern tracks 2 HUD-assisted or income-restricted properties in Prescott, offering income-qualified renters an alternative to market-rate housing in the area.

Safety

According to the Prescott Police Department's FBI Crime Data Explorer reporting, Prescott had a violent crime rate of 335 per 100,000 residents in 2024. Crime rates are not directly comparable across cities due to differences in reporting practices and local definitions.

Getting Around Prescott

The assisted properties in Prescott earn a Walk Score of 77 (Very Walkable) and a Bike Score of 67, according to Walk Score. No Transit Score is available for this area. These scores reflect the specific locations of the HUD-assisted properties listed on this page.

Schools

According to NCES Common Core of Data, 20 schools across 10 districts serve Prescott, including 10 elementary, 1 middle, and 9 high schools. Ratings and options vary by school and district, so renters should check the assigned schools for a specific address.

Cost of Renting in Prescott, AZ

The median household income in Prescott is $70,874 per year, according to Census ACS 5-Year estimates. The median gross rent is $1,395 per month, according to the same source.

Affordable and income-based housing in Prescott can help renters whose incomes fall below area limits. Rents at HUD-assisted and LIHTC properties are set based on income qualifications rather than the open market.

• Median household income: $70,874/year (Census ACS 5-Year)
• Median gross rent: $1,395/month (Census ACS 5-Year)
• Share of renter households: 32% (Census ACS 5-Year)

Environmental Exposure

Both HUD-assisted properties in Prescott have been mapped for flood risk, and neither falls in a high-risk flood zone. Flood exposure among affordable housing here is low.