Bungalows on Market Street
5805 Market St,
Prescott Valley, AZ 86314
$1,725 - $2,400
1-3 Beds
Located in the Bradshaw Mountains at an elevation of 5,400 feet, Prescott combines small-town atmosphere with outdoor adventure. This historic city features diverse housing options, from Victorian homes in the downtown historic district to residential communities near the Granite Dells. According to current data, rental prices range from $1,369 for studios to $1,683 for two-bedroom units, with a slight decrease in rates over the past year. The downtown area centers around the Courthouse Plaza, where historic Whiskey Row showcases boutiques, art galleries, and restaurants. Notable areas include the historic district, the scenic Dells area near Watson and Willow Lakes, and the north end near Embry-Riddle Aeronautical University.
Prescott's landscape offers year-round recreation with over 450 miles of hiking trails, including the Peavine Trail through distinctive granite formations. The city features Watson Lake, Willow Lake, several golf courses, and access to Prescott National Forest. Local landmarks include the Sharlot Hall Museum, showcasing territorial history, and the Museum of Indigenous People. Community events bring the city to life throughout the year, including the World's Oldest Rodeo, running continuously since 1888, and the annual Courthouse Christmas lighting. Prescott College contributes to the educational landscape, while the moderate four-season climate maintains average summer highs in the upper 80s and winter lows in the 20s.
Saddle up and enjoy panoramic views along Williamson Valley’s beautiful trails.
Many Prescott Lakes residents head to Whiskey Row in Prescott for an evening on the town.
Williamson Valley Road boasts charming new traditional homes with rustic elegance.
As of December 2025, the average apartment rent in Prescott, AZ is $1,344 for a studio, $1,426 for one bedroom, $1,719 for two bedrooms, and $1,708 for three bedrooms. Apartment rent in Prescott has decreased by -2.2% in the past year.
The cost of living in Prescott, AZ is 22.1% higher than the national average. Generally, housing in Prescott is 66.5% more expensive than the national average, with rent falling between $1,344 - $1,719. You can expect to pay 2.3% more for groceries, 8.0% less for utilities, and 6.6% more for transportation.
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
Public
Grades K-5
505 Students
Public
Grades K-5
385 Students
Granite Mountain Middle School
Public
Grades K-8
520 Students
Public
Grades K-5
309 Students
Public
Grades K-8
Granite Mountain Middle School
Public
Grades K-8
520 Students
Prescott Mile High Middle School
Public
Grades 6-8
578 Students
Public
Grades 8-12
1,436 Students
Public
Grades K-8
Public
Grades K-8
Aspire Junior/Senior High School
Public
Grades 9-12
43 Students
Public
Grades 8-12
1,436 Students
Public
Grades 9-12
31 Students
Public
Grades 9-12
2 Students
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.