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Rental Market Trends in Lake Havasu City, AZ

What is the average rent in Lake Havasu City, AZ?

$672/month

Average Rent

511 Sq Ft

Average Apartment Size

+2%

Increase in the Last Year

As of October 2025, the average rent in Lake Havasu City, AZ is $672 per month. This is 59% lower than the national average rent of $1,630/month, making renting in Lake Havasu City more affordable than most cities in the US. When you rent an apartment in Lake Havasu City, you can expect to pay about $734 per month for a studio, $672 for a one-bedroom apartment, and around $880 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $967 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$734/month
556 Sq Ft
One Bedroom
$672/month
511 Sq Ft
Two Bedroom
$880/month
766 Sq Ft
Three Bedroom
$967/month
1,400 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,983/month
1,178 Sq Ft
Three Bedroom
$2,493/month
1,399 Sq Ft
Four Bedroom
$3,312/month
1,462 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,466/month
701 Sq Ft
Two Bedroom
$2,068/month
951 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Lake Havasu City, AZ?

In the past year, rent has increased by 2%, which averages out to $14 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated October 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Lake Havasu City, AZ
Last Updated October 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Lake Havasu City, AZ
Percentage*
Rent Range
67% Below $700/month
17% $700 - $1,000/month
17% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Lake Havasu City, AZ?

Because the average rent in Lake Havasu City is $672, you’ll want to make about $2,240 per month or $26,880 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Lake Havasu City, AZ is 25.6% higher than the national average. Generally, housing in Lake Havasu City is 83.0% more expensive than the national average, with rent falling between $672 - $967. You can expect to pay 0.7% less for groceries, 11.2% more for utilities, and 1.6% less for transportation.

City

Lake Havasu City, AZ

118 Available Apartments for Rent

Search for Nearby Apartments

How does Lake Havasu City, AZ compare to other nearby cities and neighborhoods?

Use the tool below to compare Lake Havasu City, AZ to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Lake Havasu City, AZ

Apartment Averages

Apartment communities in Lake Havasu City we think you'll love

790 Kootenay Dr

790 Kootenay Dr

790 Kootenay Dr,
Lake Havasu City, AZ 86406

$2,400

5 Beds

1989 Mesquite Ave

1989 Mesquite Ave

1989 Mesquite Ave,
Lake Havasu City, AZ 86403

$1,650

2 Beds

2775 Papeete Dr

2775 Papeete Dr

2775 Papeete Dr,
Lake Havasu City, AZ 86404

$2,200

3 Beds

1820 Ambas Dr

1820 Ambas Dr

1820 Ambas Dr,
Lake Havasu City, AZ 86403

$3,300

3 Beds

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United States Arizona Lake Havasu City Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

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.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity