Property prices for rent in Prescott (Arizona)

The rent prices in real estate in Prescott, in the Arizona region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

$1,574.67
Average price last 6 months
$3.63
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Prescott has risen strongly during the last 6 months. In April, the average price per sq.feet was $2.43. In the following month the price per sq.feet rose considerably to $3.74. The price for the following two months in (June, July) had a considerable rise of 142 %. The price per sq.feet has fallen 92 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $3.73 to $3.42 during August, and September.

Average price

When referring to the price in Prescott (cities), this has risen in the last 6 months. In our first sample month during April, the average price is $1,466. In May This price remains at $1,500. During the following two months (June, July) the price has had an average rise from $1,483 to $1,604.5. Based on an analysis of the first four prices and the last two months the average price has increased 106 % during the last two months.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,697 they are 9 % more affordable than the average price for Prescott . The properties with the highest average price have 4 bedrooms, Their price is 23 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,031.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.77 / sq.feet, with an average $1.93 / sq.feet price in Prescott. The properties with the most expensive average prices have 4 bedrooms. They are 833 % more expensive than the average followed by properties with 3 bedrooms with a price at $3.6 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,697 it is 45 % more affordable than the average price in Prescott. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Commercial". At a price of $1,361 it is 9 % more expensive than the average price.

According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $2 / sq.feet followed by "Condo" priced at $12 / sq.feet. "Commercial" is the most expensive type of property with a $34 / sq.feet value followed by "Condo" with an average price of $12 / sq.feet.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in Prescott
Number of properties used in region Arizona
$1,697
$1.93
878
72,886
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value