Rental Market Trends in Arizona
Updated July 2026
$1,324/month
Average Rent
-2.2%
Decrease in the Last Year
-$30
Average Price Decrease
Ranked 21st
Least Expensive Rent by State
51,839
Available Rentals
Lake Havasu City, AZ
City with the Lowest Rent
What is the average rent in Arizona?
As of July 2026, the average rent in Arizona is $1,324/month. When you rent an apartment in Arizona, you can expect some variability depending on the region. For instance, metropolitan areas may have higher rents than smaller towns and rural areas. In general, you can expect to pay about $1,081 per month for a studio, $1,324 for a one-bedroom apartment, and around $1,610 for a two-bedroom apartment in Arizona. If you opt for a three-bedroom rental, you could pay $2,105 or more.
Rent by City
What are the most affordable cities in Arizona?
Based on current rent prices, the cheapest cities in Arizona to live are Lake Havasu City, Yuma and Tucson.
What are the most expensive cities in Arizona?
Based on current rent prices, the most expensive cities in Arizona to live are Scottsdale, Flagstaff and Gilbert.
Nearby State Markets
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
State graphics provided by ProPublica
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