Average Rent in Mesa, AZ

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Current Versus Historical Mesa, AZ Rents

Mesa rentals average $2,865 for a studio rental to $2,923 for a 4-bedroom rental. The median price of all currently available listings is $2,200, or roughly $2 per square feet.
For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $133 (8.74%) year-over-year from $1,517 to $1,650. 1-bedroom rentals prices have decreased by $441 (-26.08%) year-over-year from $1,691 to $1,250. 2-bedroom rentals prices have decreased by $349 (-15.19%) year-over-year from $2,299 to $1,950. 3-bedroom rentals prices have increased by $80 (3.60%) year-over-year from $2,220 to $2,300. 4-bedroom rentals prices have increased by $9 (0.31%) year-over-year from $2,764 to $2,773. 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 15.06% this month. 1-bedroom rents have gone down by 27.01% this month. 2-bedroom rents have gone down by 12.00% this month. 3-bedroom rents have gone up by 4.57% this month. 4-bedroom rents have gone up by 1.22% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $0.73 $1,650 $1,517 (8.74%) $1,648 (0.14%)
1 BR $1.90 $1,250 $1,691 (-26.08%) $1,581 (-20.91%)
2 BR $1.61 $1,950 $2,299 (-15.19%) $1,708 (14.18%)
3 BR $1.73 $2,300 $2,220 (3.60%) $1,842 (24.89%)
4+ BR $1.36 $2,773 $2,764 (0.31%) $2,232 (24.23%)

Historical Rents in Mesa, AZ

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Mesa

There are a total of 6 cities nearby Mesa. The average rent in Mesa is currently $2,800 per month. Our records show that Phoenix, AZ, with an average rent of $2,518, is the most affordable city nearby. In contrast, the most expensive city near Mesa, AZ is Scottsdale, AZ. Monthly rents here are on average $4,500 per month.

Let's compare Mesa, AZ's rent against other top cities nearby by bedroom size. Typically, rent for studios in Mesa, AZ is 40.11% more expensive than other cities nearby. One bedrooms are about 18.85% more affordable. Two bedrooms in Mesa, AZ are about 36.28% more affordable. Finally, rent for three bedrooms are about 16.33% more affordable. Want more information? Check out the top 6 cities near Mesa, AZ in the following chart.
City Studio 1 Bed 2 Bed All
Phoenix, AZ $1,647 $1,350 $1,995 $2,518
Chandler, AZ $775 $1,680 $1,900 $2,799
Gilbert, AZ $6,031 N/A $2,625 $2,800
Tempe, AZ $1,719 $1,375 $1,600 $2,800
Fountain Hills, AZ $1,713 $2,750 $2,800 $2,900
Scottsdale, AZ $2,400 $2,298 $3,500 $4,500

Top Neighborhoods Near Mesa

There are a total of 2 neighborhoods in or near Mesa. We've included all of these top 2 neighborhoods in or near Mesa, AZ in the following chart.

The average rent for these 2 neighborhoods in or near Mesa, AZ is currently around $5,000 per month. Meaning, only two neighborhoods have a higher average rent than $5,000. Interestingly, the neighborhoods' average rent is higher than Mesa's average rent, which is only $2,200. Out of all the neighborhoods in or near Mesa, McCormick Ranch has the most affordable average rent at $4,500 per month. Whereas, at $5,500 average rent per month, Greyhawk is the most expensive neighborhood in or near Mesa. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
McCormick Ranch, Scottsdale, AZ $2,000 $2,350 $4,500 $4,500
Greyhawk, Scottsdale, AZ N/A $1,823 $4,500 $5,500

Top Counties Near Mesa

There are a total of 2 counties located by Mesa, AZ.

We've listed the top 0 counties in the chart below.
County Studio 1 Bed 2 Bed All

Top Zipcodes Near Mesa

There are a total of 11 zipcodes in or near Mesa, AZ. The average rent for all of these zipcodes is $3,800.

The following chart includes the top 10 zipcodes in Mesa, AZ. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
85258, Maricopa County, AZ $2,000 $2,350 $3,500 $4,225
85251, Scottsdale, AZ N/A $2,450 $2,588 $3,000
85255, Scottsdale, AZ N/A $1,850 $4,500 $5,950
85260, Scottsdale, AZ N/A $1,600 $3,500 $3,800
85254, Phoenix, AZ N/A $2,925 $3,050 $5,000
85018, Phoenix, AZ N/A $1,600 $3,000 $3,985
85250, Scottsdale, AZ N/A $3,050 $2,800 $3,400
85281, Tempe, AZ N/A $1,395 $1,595 $2,400
85032, Phoenix, AZ N/A $1,900 $1,650 $2,450
85253, Paradise Valley, AZ N/A $2,700 $3,500 $10,950

Frequently Asked Questions - Mesa Average Rents

What is the average rent price in Mesa, AZ?
The average monthly rental price for Mesa, AZ apartments for rent is approximately $2,200. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Mesa, AZ 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 Mesa, AZ.
How much is a studio apartment in Mesa, AZ?
The average monthly rental price for studio apartments is $2,865 and an average price per square feet of $0.73. There are a total of 4 studio apartment listings currently available for rent in Mesa.
How much is a one bedroom apartment in Mesa, AZ?
The average monthly rental price for one bedroom apartments is $1,285 and an average price per square feet of $1.90. There are a total of 15 one bedroom apartment listings currently available for rent in Mesa.
How much is a two bedroom apartment in Mesa, AZ?
The average monthly rental price for two bedroom apartments is $1,695 and an average price per square feet of $1.61. There are a total of 51 two bedroom apartment listings currently available for rent in Mesa.
How have rent prices in Mesa, AZ changed this year?
Rent prices for rentals in Mesa, AZ can fluctuate yearly. Specifically, studio rental prices have changed by 0.09%, one bedroom rental prices have changed by -0.26%, two bedroom rental prices have changed by -0.15%, and three bedroom rental prices have changed by 0.04% year-over-year.
What is a reasonable rent price in Mesa, AZ?
A reasonable rent price in Mesa, AZ is around $1,760/month. You can search for these reasonably priced rental listings on RentHop.
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