Average Rent in Arizona

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Current Versus Historical Arizona Rents

Arizona rentals average $1,500 for a studio rental to $3,750 for a 4-bedroom rental. The median price of all currently available listings is $2,695, or roughly $2 per square feet.

For the apartment units and housing in April 2024, median rents have fallenover the last year. Studio rentals prices have decreased by $104 (-9.87%) year-over-year from $1,054 to $950. 1-bedroom rentals prices have decreased by $96 (-7.49%) year-over-year from $1,281 to $1,185. 2-bedroom rentals prices have decreased by $40 (-2.37%) year-over-year from $1,690 to $1,650. 3-bedroom rentals prices have increased by $133 (6.45%) year-over-year from $2,067 to $2,200. 4-bedroom rentals prices have increased by $238 (9.29%) year-over-year from $2,558 to $2,795. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 4.82% this month. 1-bedroom rents have gone down by 3.97% this month. 2-bedroom rents have gone up by 1.64% this month. 3-bedroom rents have gone up by 4.86% this month. 4-bedroom rents have gone up by 7.71% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$0.90	$950	$1,054 (-9.87%)	$1,259 (-24.51%)
1 BR	$2.19	$1,185	$1,281 (-7.49%)	$1,067 (11.06%)
2 BR	$1.93	$1,650	$1,690 (-2.37%)	$1,408 (17.16%)
3 BR	$1.71	$2,200	$2,067 (6.45%)	$1,830 (20.22%)
4+ BR	$1.58	$2,795	$2,558 (9.29%)	$2,197 (27.24%)

Historical Rents in Arizona

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Arizona

There are a total of 50 cities nearby Arizona. The average rent in Arizona is currently $2,481 per month. A total of 26 cities nearby have an average rent lower than that. Our records show that Albuquerque, NM, with an average rent of $1,200, is the most affordable city nearby. In contrast, the most expensive city near Arizona is Aspen, CO. Monthly rents here are on average $35,000 per month.

Let's compare Arizona's rent against other top cities nearby by bedroom size. Typically, rent for studios in Arizona is 20.08% more expensive than other cities nearby. One bedrooms are about 2.50% more affordable. Two bedrooms in Arizona are about 12.71% more expensive. Finally, rent for three bedrooms are about 4.02% more expensive. Want more information? Check out the top 10 cities out of 50 total cities near Arizona in the following chart.

City	Studio	1 Bed	2 Bed	All
Sunrise Manor, NV	N/A	$1,095	$1,225	$1,649
Paradise, NV	$2,025	$1,748	$1,600	$2,000
Spring Valley, NV	N/A	$1,295	$1,500	$2,123
Enterprise, NV	N/A	$1,595	$1,750	$2,300
Henderson, NV	$1,588	$1,550	$1,850	$2,395
Winchester, NV	N/A	$2,100	$3,275	$3,125
Indio, CA	N/A	$1,500	$3,900	$3,900
Palm Desert, CA	N/A	$2,200	$4,900	$5,000
La Quinta, CA	N/A	N/A	$4,350	$6,500
Rancho Mirage, CA	N/A	$2,225	$4,200	$6,500

Top Neighborhoods Near Arizona

There are a total of 34 neighborhoods in or near Arizona. Some of these neighborhoods include The Avenues, Downtown Las Vegas, and Silverado Ranch. We've included the top 30 neighborhoods out of 34 total neighborhoods in or near Arizona in the following chart.

The average rent for these 30 neighborhoods in or near Arizona is currently around $3,084 per month. A total of 13 neighborhoods have a lower average rent. Meaning, only seventeen neighborhoods have a higher average rent than $3,084. Interestingly, the neighborhoods' average rent is higher than Arizona's average rent, which is only $2,695. Out of all the neighborhoods in or near Arizona, The Avenues has the most affordable average rent at $1,600 per month. Whereas, at $19,748 average rent per month, Bel Air-Beverly Crest is the most expensive neighborhood in or near Arizona. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
The Avenues, Chico, CA	$970	$995	$1,250	$1,600
Downtown Las Vegas, Las Vegas, NV	$1,123	$1,195	$2,448	$1,800
Silverado Ranch, Paradise, NV	N/A	$1,455	$1,800	$2,000
Mountain Edge, Enterprise, NV	N/A	N/A	$1,950	$2,263
Green Valley South, Henderson, NV	N/A	N/A	$1,700	$2,300
Rhodes Ranch, Spring Valley, NV	N/A	$1,320	$1,599	$2,375
Historic Cultural, Los Angeles, CA	$1,977	$2,400	$2,989	$2,438
Wilshire Center - Koreatown, Los Angeles, CA	$1,854	$2,347	$2,939	$2,450
North Park, San Diego, CA	$1,885	$2,150	$2,795	$2,473
Mira Villas, Las Vegas, NV	N/A	N/A	$1,795	$2,550
Southern Highlands, Enterprise, NV	N/A	N/A	N/A	$2,595
Green Valley North, Henderson, NV	N/A	N/A	$1,700	$2,600
Imperial Beach, CA	$1,800	$2,095	$2,750	$2,873
The Strip, Paradise, NV	$2,200	$2,150	$3,600	$2,900
Irvine Business Complex, Irvine, CA	$2,513	$2,719	$3,842	$3,027
East Village, San Diego, CA	$2,182	$2,812	$4,135	$3,141
Downtown Los Angeles, Los Angeles, CA	$2,150	$2,870	$3,988	$3,204
Westchester-Playa Del Rey, Los Angeles, CA	$2,315	$3,029	$3,900	$3,629
Marina del Rey, Los Angeles, CA	$2,448	$2,997	$4,067	$3,865
South of Market, San Francisco, CA	$2,817	$3,550	$4,987	$3,872
Woodland Hills-Warner Center, Los Angeles, CA	N/A	$2,335	$3,050	$4,475
McCormick Ranch, Scottsdale, AZ	$1,750	$2,350	$4,500	$4,500
Westwood, Los Angeles, CA	$3,195	$3,995	$5,098	$5,200
Venice, Los Angeles, CA	$2,169	$3,426	$4,707	$5,485
Greyhawk, Scottsdale, AZ	N/A	$1,823	$4,500	$5,500
Hollywood Hills West, Los Angeles, CA	$1,882	$2,474	$4,268	$6,775
Mid-City West, Los Angeles, CA	$1,675	$3,266	$6,195	$6,875
Westside, Los Angeles, CA	$2,573	$6,309	$12,100	$9,275
Pacific Palisades, Los Angeles, CA	N/A	$3,198	$6,000	$17,900
Bel Air-Beverly Crest, Los Angeles, CA	N/A	$3,800	$6,250	$19,748

Top Counties Near Arizona

There are a total of 34 counties located by Arizona. Some of these counties include Yuma, AZ, Mohave, AZ, and Washington, UT. The average rent for rentals in these counties is $1,973. That's roughly around $2 per sqft. A total of 34 counties have a lower average rent. The county that is the most affordable is Bernalillo, NM. It's average rent per month is $1,200. Vice versa, with an average rent of $35,000, Pitkin, CO is the most expensive county by Arizona.

Typically, rent for studios in Arizona is 16.00% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Arizona is 1.66% more affordable than other counties nearby. Finally, rent for two bedrooms in Arizona is 26.82% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Yuma, AZ	$995	$1,100	$1,350	$1,600
Mohave, AZ	$2,100,338	$1,143	$1,698	$1,800
Washington, UT	$723	$1,250	$1,513	$1,838
Yavapai, AZ	$1,410	$1,500	$1,650	$1,995
Clark, NV	$1,460	$1,300	$1,650	$2,250
San Bernardino, CA	$995	$1,525	$2,000	$2,450
San Diego, CA	$1,830	$2,025	$2,750	$2,695
Maricopa, AZ	$1,702	$1,600	$2,650	$3,000
Orange, CA	$2,047	$2,600	$3,400	$4,300
Riverside, CA	$1,650	$1,885	$3,800	$4,435

Top Zipcodes Near Arizona

There are a total of 50 zipcodes in or near Arizona. The average rent for all of these zipcodes is $2,793. A total of 25 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 93309, Bakersfield, CA at $1,375 per month. In comparison, the zipcode with the most expensive average rent of $40,000 per month is 81611, Pitkin County, CO.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Arizona is $1,548 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,650 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Arizona. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
81611, Pitkin County, CO	$4,200	$8,250	$17,750	$40,000
92253, La Quinta, CA	N/A	N/A	$4,350	$6,500
89052, Henderson, NV	N/A	$1,775	$2,000	$2,575
89117, Las Vegas, NV	N/A	$1,250	$1,585	$2,690
89148, Clark County, NV	N/A	N/A	$1,650	$2,300
90265, Los Angeles County, CA	$6,998	$7,500	$8,248	$25,000
90069, Los Angeles, CA	$3,299	$4,500	$6,900	$8,950
89128, Las Vegas, NV	N/A	$1,173	$1,575	$2,200
89113, Spring Valley, NV	N/A	$1,300	$1,595	$2,150
92651, Orange County, CA	$2,500	$5,900	$7,750	$10,000

Frequently Asked Questions - Arizona Average Rents

What is the average rent price in Arizona?

The average monthly rental price for Arizona apartments for rent is approximately $2,695. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Arizona rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Arizona.

How much is a studio apartment in Arizona?

The average monthly rental price for studio apartments is $1,500 and an average price per square feet of $0.90. There are a total of 141 studio apartment listings currently available for rent in Arizona.

How much is a one bedroom apartment in Arizona?

The average monthly rental price for one bedroom apartments is $1,400 and an average price per square feet of $2.19. There are a total of 357 one bedroom apartment listings currently available for rent in Arizona.

How much is a two bedroom apartment in Arizona?

The average monthly rental price for two bedroom apartments is $2,400 and an average price per square feet of $1.93. There are a total of 1,221 two bedroom apartment listings currently available for rent in Arizona.

How have rent prices in Arizona changed this year?

Rent prices for rentals in Arizona can fluctuate yearly. Specifically, studio rental prices have changed by -0.10%, one bedroom rental prices have changed by -0.07%, two bedroom rental prices have changed by -0.02%, and three bedroom rental prices have changed by 0.06% year-over-year.

What is a reasonable rent price in Arizona?

A reasonable rent price in Arizona is around $2,156/month. You can search for these reasonably priced rental listings on RentHop.