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Rental Market Trends in Parker, AZ

What is the average rent in Parker, AZ?

$673/month

Average Rent

492 Sq Ft

Average Apartment Size

+0.9%

Increase in the Last Year

As of May 2025, the average rent in Parker, AZ is $673 per month. This is 59% lower than the national average rent of $1,625/month, making renting in Parker more affordable than most cities in the US. When you rent an apartment in Parker, you can expect to pay about $441 per month for a studio, $673 for a one-bedroom apartment, and around $897 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$441/month
81 Sq Ft
One Bedroom
$673/month
492 Sq Ft
Two Bedroom
$897/month
893 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Parker, AZ?

In the past year, rent has increased by 0.9%, which averages out to $7 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 May 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Parker, AZ
Last Updated May 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Parker, AZ
Percentage*
Rent Range
100% Below $700/month
0% $700 - $1,000/month
0% $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 Parker, AZ?

Because the average rent in Parker is $673, you’ll want to make about $2,243 per month or $26,916 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.

City

Parker, AZ

0 Available Apartments for Rent

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How does Parker, AZ compare to other nearby cities and neighborhoods?

Use the tool below to compare Parker, 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.

Apartment Averages

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Parker's Last Resort

Parker's Last Resort

709 S California Ave,
Parker, AZ 85344

Studio | $750 - $1,250

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United States Arizona Parker 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 February 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity