Average Rent in Arizona

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Current Versus Historical Arizona Rents

Arizona rentals average $1,580 for a studio rental to $3,200 for a 4-bedroom rental. The median price of all currently available listings is $2,575, or roughly $21 per square feet.

For the apartment units and housing in October 2023, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $290 (-14.26%) year-over-year from $2,035 to $1,745. 1-bedroom rentals prices have increased by $64 (4.59%) year-over-year from $1,386 to $1,450. 2-bedroom rentals prices have increased by $283 (16.50%) year-over-year from $1,717 to $2,000. 3-bedroom rentals prices have increased by $352 (17.17%) year-over-year from $2,048 to $2,400. 4-bedroom rentals prices have increased by $508 (20.44%) year-over-year from $2,487 to $2,995. 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 39.79% this month. 1-bedroom rents have gone up by 10.27% this month. 2-bedroom rents have gone up by 14.29% this month. 3-bedroom rents have gone up by 10.34% this month. 4-bedroom rents have gone up by 13.16% this month.

Beds	Price / Sqft	Oct 2023 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$22	$1,745	$2,035 (-14.26%)	$729 (139.31%)
1 BR	$26	$1,450	$1,386 (4.59%)	$1,171 (23.86%)
2 BR	$23	$2,000	$1,717 (16.50%)	$1,358 (47.24%)
3 BR	$19	$2,400	$2,048 (17.17%)	$1,697 (41.41%)
4+ BR	$17	$2,995	$2,487 (20.44%)	$2,013 (48.76%)

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 $2,498 per month. A total of 26 cities nearby have an average rent lower than that. Our records show that Redding, CA, with an average rent of $1,259, 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 37.26% more expensive than other cities nearby. One bedrooms are about 3.28% more affordable. Two bedrooms in Arizona are about 11.41% more expensive. Finally, rent for three bedrooms are about 3.83% 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	$1,345	$1,200	$1,600
Paradise, NV	$2,150	$1,500	$1,675	$1,950
Spring Valley, NV	N/A	$1,250	$1,495	$2,100
Enterprise, NV	N/A	$1,625	$1,725	$2,283
Henderson, NV	$950	$1,250	$1,975	$2,350
Winchester, NV	N/A	$2,025	$2,498	$2,495
Indio, CA	N/A	$1,675	$3,900	$4,500
Palm Desert, CA	N/A	$2,200	$4,800	$5,300
Rancho Mirage, CA	N/A	N/A	$3,925	$6,000
La Quinta, CA	N/A	$2,400	$4,300	$6,500

Top Neighborhoods Near Arizona

There are a total of 36 neighborhoods in or near Arizona. Some of these neighborhoods include Green Valley South, Winchester, and Downtown Las Vegas. We've included the top 30 neighborhoods out of 36 total neighborhoods in or near Arizona in the following chart.

The average rent for these 30 neighborhoods in or near Arizona is currently around $3,668 per month. A total of 11 neighborhoods have a lower average rent. Meaning, only nineteen neighborhoods have a higher average rent than $3,668. Interestingly, the neighborhoods' average rent is higher than Arizona's average rent, which is only $2,575. Out of all the neighborhoods in or near Arizona, Green Valley South has the most affordable average rent at $1,985 per month. Whereas, at $17,500 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
Green Valley South, Henderson, NV	N/A	N/A	$1,750	$1,985
Winchester, NV	N/A	$2,000	$2,400	$2,050
Downtown Las Vegas, Las Vegas, NV	$995	$2,100	$2,390	$2,098
Silverado Ranch, Paradise, NV	N/A	$1,398	$1,700	$2,150
Green Valley North, Henderson, NV	N/A	$1,223	$1,725	$2,200
Rhodes Ranch, Spring Valley, NV	N/A	$1,300	$1,750	$2,200
Mountain Edge, Enterprise, NV	N/A	N/A	N/A	$2,200
Mira Villas, Las Vegas, NV	N/A	$1,413	$1,998	$2,400
Southern Highlands, Enterprise, NV	N/A	N/A	N/A	$2,500
North Park, San Diego, CA	$1,938	$2,323	$3,060	$2,500
Historic Cultural, Los Angeles, CA	$2,204	$2,403	$3,190	$2,568
Coronado Ranch, Enterprise, NV	N/A	N/A	$1,845	$2,599
The Strip, Paradise, NV	$2,188	$2,499	$2,795	$2,600
Wilshire Center - Koreatown, Los Angeles, CA	$2,123	$2,565	$3,400	$2,664
Imperial Beach, CA	$1,885	$1,975	$2,800	$2,850
Downtown Los Angeles, Los Angeles, CA	$2,133	$2,800	$5,300	$3,053
Irvine Business Complex, Irvine, CA	$2,624	$2,999	$3,593	$3,473
South of Market, San Francisco, CA	$2,827	$3,565	$4,896	$3,863
Westchester-Playa Del Rey, Los Angeles, CA	$2,487	$3,054	$3,895	$4,084
Woodland Hills-Warner Center, Los Angeles, CA	$2,498	$2,391	$3,000	$4,250
McCormick Ranch, Scottsdale, AZ	$3,285	$2,200	$3,750	$4,875
Venice, Los Angeles, CA	$2,562	$3,161	$5,725	$5,725
Westwood, Los Angeles, CA	N/A	$4,800	$5,995	$6,198
Westside, Los Angeles, CA	$2,600	$2,950	$8,750	$6,223
Mid-City West, Los Angeles, CA	N/A	$3,773	$5,636	$6,500
Hollywood Hills West, Los Angeles, CA	$2,175	$2,700	$5,850	$7,748
Encino, Los Angeles, CA	N/A	$2,577	$3,003	$9,500
Brentwood, Los Angeles, CA	$2,295	$4,450	$5,500	$12,500
Pacific Palisades, Los Angeles, CA	N/A	$3,600	$5,800	$14,800
Bel Air-Beverly Crest, Los Angeles, CA	N/A	$210,000	$6,725	$17,500

Top Counties Near Arizona

There are a total of 36 counties located by Arizona. Some of these counties include Yuma, AZ, Washington, UT, and Mohave, AZ. The average rent for rentals in these counties is $1,950. That's roughly around $20 per sqft. A total of 31 counties have a lower average rent. The county that is the most affordable is Bannock, ID. It's average rent per month is $1,025. Vice versa, with an average rent of $39,000, Pitkin, CO is the most expensive county by Arizona.

Typically, rent for studios in Arizona is 24.05% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Arizona is 10.34% more expensive than other counties nearby. Finally, rent for two bedrooms in Arizona is 22.52% 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	$2,725	$950	$1,550	$1,700
Washington, UT	$599	$1,071	$1,323	$1,850
Mohave, AZ	N/A	$1,175	$1,625	$1,900
Clark, NV	$995	$1,300	$1,650	$2,150
Yavapai, AZ	$1,345	$1,595	$2,050	$2,200
San Bernardino, CA	$875	$1,448	$2,100	$2,500
Maricopa, AZ	$1,694	$1,650	$2,650	$2,995
San Diego, CA	$1,825	$2,195	$2,852	$2,995
Riverside, CA	$1,445	$2,090	$3,825	$4,500
Orange, CA	$1,972	$2,625	$3,471	$4,500

Top Zipcodes Near Arizona

There are a total of 50 zipcodes in or near Arizona. The average rent for all of these zipcodes is $2,748. A total of 24 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 $1,373 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 $1,600 per month. Or in other words, $26 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,995 per month. Which comes out to $24 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	$8,050	$8,500	$20,000	$40,000
92253, La Quinta, CA	N/A	$2,400	$4,300	$6,500
89052, Henderson, NV	N/A	$1,895	$2,200	$2,695
89117, Las Vegas, NV	N/A	$1,300	$1,598	$2,200
89148, Clark County, NV	N/A	N/A	$1,750	$2,200
90265, Los Angeles County, CA	N/A	$7,850	$8,875	$21,500
90069, Los Angeles, CA	N/A	$4,875	$7,500	$9,695
89128, Las Vegas, NV	N/A	$1,200	$1,645	$2,150
89113, Spring Valley, NV	N/A	$1,275	$1,695	$2,300
92651, Orange County, CA	$2,688	$3,875	$7,500	$9,100

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 $2,575. 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 $1,580 and an average price per square feet of $21.88. There are a total of 94 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 $1,450 and an average price per square feet of $26.25. There are a total of 326 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 $2,300 and an average price per square feet of $22.90. There are a total of 1,202 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 -0.14%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by 0.17%, and three bedroom rental prices have changed by 0.17% year-over-year.

What is a reasonable rent price in Arizona?

A reasonable rent price in Arizona is around $2,060/month. You can search for these reasonably priced rental listings on RentHop.