Is Prescott, AZ a good place to invest in rental property?

Prescott, AZ has a median modeled monthly cash flow of $-1,973 and a median cap rate of 2.4%, on a median sold price of $535,000. Prices changed +0.6% year over year.

What is the average cap rate in Prescott, AZ?

The median cap rate across recently sold homes in Prescott, AZ is 2.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Prescott, AZ?

The median sold price in Prescott, AZ is $535,000 (about $311 per square foot).

Investing in Prescott, AZ Real Estate

A data-driven snapshot of the Prescott, AZ rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$535,000Median sold price

$311Median $/sqft

2.4%Median cap rate

$-1,973Modeled cash flow / mo

+0.6%Appreciation YoY

9.6Months of supply

1,331Active listings

1,670Sold (last 12 mo)

What the Prescott numbers say

In Prescott, AZ, the median home sold for $535,000 (about $311 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-1,973 of monthly cash flow. Sold prices moved +0.6% over the past year. Inventory sits at about 9.6 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 8 fix-and-flip deals in Prescott — listings where the estimated after-repair value beats list price + rehab.

Other Arizona markets to compare

See Prescott cash-flowing listings

CashFlowRE ranks every for-sale home in Prescott, AZ by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Prescott deals, or browse the national market data.