Average Rent in Arizona

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Current Versus Historical Arizona Rents

Arizona rentals average $1,141 for a 1-bedroom rental to $0 for a 3-bedroom rental. The median price of all currently available listings is $1,700, or roughly $2 per square feet.

For the apartment units and housing in December 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $33 (-3.51%) year-over-year from $932 to $899. 1-bedroom rentals prices have decreased by $286 (-22.31%) year-over-year from $1,283 to $997. 2-bedroom rentals prices have decreased by $286 (-16.99%) year-over-year from $1,681 to $1,395. 3-bedroom rentals prices have decreased by $75 (-3.75%) year-over-year from $2,000 to $1,925. 4-bedroom rentals prices have decreased by $77 (-3.09%) year-over-year from $2,476 to $2,399. 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 down by 29.32% this month. 1-bedroom rents have gone down by 24.09% this month. 2-bedroom rents have gone down by 20.19% this month. 3-bedroom rents have gone up by 0.87% this month. 4-bedroom rents have gone up by 2.98% this month.

Beds	Price / Sqft	Dec 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$2.15	$997	$1,283 (-22.31%)	$1,232 (-19.05%)

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 $4,374 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Sunrise Manor, NV, with an average rent of $1,500, is the most affordable city nearby. In contrast, the most expensive city near Arizona is Malibu, CA. Monthly rents here are on average $19,998 per month.

Let's compare Arizona's rent against other top cities nearby by bedroom size. Typically, rent for studios in Arizona is inf% more affordable than other cities nearby. One bedrooms are about 125.78% more affordable. Two bedrooms in Arizona are about inf% more affordable. Finally, rent for three bedrooms are about inf% more affordable. 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	$999	$1,150	$1,500
Paradise, NV	$1,513	$1,595	$1,650	$1,895
Spring Valley, NV	N/A	$1,250	$1,499	$2,000
Enterprise, NV	N/A	$1,387	$1,713	$2,195
Henderson, NV	$1,550	$1,450	$1,738	$2,250
Winchester, NV	N/A	$2,300	$1,700	$2,300
Indio, CA	N/A	$1,598	$4,200	$4,700
Palm Desert, CA	N/A	$2,500	$5,050	$5,500
La Quinta, CA	N/A	$3,547	$4,500	$7,000
Indian Wells, CA	N/A	N/A	$5,000	$8,000

Top Neighborhoods Near Arizona

There are a total of 46 neighborhoods in or near Arizona. Some of these neighborhoods include Downtown Las Vegas, Silverado Ranch, and The Strip. We've included the top 30 neighborhoods out of 46 total neighborhoods in or near Arizona in the following chart.

The average rent for these 30 neighborhoods in or near Arizona is currently around $4,080 per month. A total of one neighborhood has a lower average rent. Meaning, only twenty-nine neighborhoods have a higher average rent than $4,080. Interestingly, the neighborhoods' average rent is higher than Arizona's average rent, which is only $1,700. Out of all the neighborhoods in or near Arizona, Downtown Las Vegas has the most affordable average rent at $1,138 per month. Whereas, at $19,500 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
Downtown Las Vegas, Las Vegas, NV	$845	$1,398	$1,250	$1,138
Silverado Ranch, Paradise, NV	N/A	$1,325	$1,750	$1,950
The Strip, Paradise, NV	$2,025	$1,800	$2,095	$2,050
Rhodes Ranch, Spring Valley, NV	N/A	$1,575	$1,600	$2,197
Mira Villas, Las Vegas, NV	N/A	$1,375	$1,895	$2,350
Historic Cultural, Los Angeles, CA	$2,024	$2,475	$3,256	$2,664
Wilshire Center - Koreatown, Los Angeles, CA	$1,927	$2,487	$3,448	$2,695
Downtown Los Angeles, Los Angeles, CA	$2,093	$2,879	$4,102	$3,295
Mid-Town North Hollywood, Los Angeles, CA	$2,085	$2,491	$3,500	$3,598
Westchester-Playa Del Rey, Los Angeles, CA	$2,427	$2,844	$3,831	$3,900
Mar Vista, Los Angeles, CA	$3,000	$2,575	$4,395	$3,975
South Robertson, Los Angeles, CA	$1,950	$2,445	$3,550	$3,995
Greater Wilshire, Los Angeles, CA	N/A	$2,600	$3,795	$4,000
West Los Angeles, Los Angeles, CA	$2,095	$3,273	$3,695	$4,060
East Village, San Diego, CA	$2,650	$3,725	$5,500	$4,100
Marina del Rey, Los Angeles, CA	$3,295	$3,334	$5,190	$4,655
Woodland Hills-Warner Center, Los Angeles, CA	N/A	$2,399	$3,329	$4,950
Mid-City West, Los Angeles, CA	$2,617	$3,200	$4,865	$5,300
Westwood, Los Angeles, CA	$2,490	$4,597	$4,817	$5,450
Orange County Great Park, Irvine, CA	N/A	N/A	$4,750	$5,900
Westside, Los Angeles, CA	$2,500	$2,948	$5,225	$5,932
Sherman Oaks, Los Angeles, CA	$1,995	$2,300	$3,048	$6,000
Brentwood, Los Angeles, CA	N/A	$3,095	$4,575	$6,035
PGA West, La Quinta, CA	N/A	N/A	$4,600	$6,490
Hollywood Hills West, Los Angeles, CA	$2,059	$2,875	$4,050	$6,900
Venice, Los Angeles, CA	$2,988	$4,273	$6,400	$7,925
Studio City, Los Angeles, CA	N/A	$2,900	$3,950	$7,998
Encino, Los Angeles, CA	N/A	$2,400	$3,125	$8,950
Pacific Palisades, Los Angeles, CA	N/A	$3,200	$6,288	$16,995
Bel Air-Beverly Crest, Los Angeles, CA	$2,495	$3,873	$8,500	$19,500

Top Counties Near Arizona

There are a total of 46 counties located by Arizona. Some of these counties include Iron, UT, Clark, NV, and San Bernardino, CA. The average rent for rentals in these counties is $3,711. That's roughly around $3 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Iron, UT. It's average rent per month is $1,355. Vice versa, with an average rent of $5,000, San Diego, CA is the most expensive county by Arizona.

Typically, rent for studios in Arizona is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Arizona is 114.05% more affordable than other counties nearby. Finally, rent for two bedrooms in Arizona is inf% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Iron, UT	N/A	$595	$1,023	$1,355
Clark, NV	$923	$1,300	$1,575	$2,050
San Bernardino, CA	$1,650	$1,583	$2,098	$2,800
Alameda, CA	$1,914	$2,400	$2,900	$3,000
Santa Clara, CA	$2,853	$2,691	$3,478	$3,800
Ventura, CA	$2,500	$2,483	$3,200	$4,200
Los Angeles, CA	$2,095	$2,600	$3,623	$4,250
Riverside, CA	$1,400	$2,000	$3,875	$4,300
San Diego, CA	$2,650	$3,550	$4,350	$5,000
Orange, CA	$2,393	$2,613	$3,800	$5,000

Top Zipcodes Near Arizona

There are a total of 29 zipcodes in or near Arizona. The average rent for all of these zipcodes is $2,023. A total of 5 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 89119, Paradise, NV at $1,295 per month. In comparison, the zipcode with the most expensive average rent of $8,250 per month is 91604, Los Angeles, CA.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Arizona is $1,325 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,650 per month. Which comes out to $2 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
89148, Clark County, NV	N/A	N/A	$1,750	$2,200
79938, Fort Hancock, TX	N/A	N/A	$1,010	$1,750
92101, San Diego, CA	$2,999	$3,700	$5,400	$4,450
89117, Las Vegas, NV	N/A	$1,250	$1,590	$2,100
90049, Los Angeles, CA	$2,525	$2,995	$4,795	$5,998
89052, Henderson, NV	N/A	$1,900	$1,800	$2,500
89103, Paradise, NV	N/A	$1,250	$1,495	$1,650
89123, Paradise, NV	N/A	$1,387	$1,650	$1,899
89147, Spring Valley, NV	N/A	$1,325	$1,650	$2,150
89129, Clark County, NV	N/A	N/A	$1,650	$1,958

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 $1,700. 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 $0 and an average price per square feet of $0.00. There are a total of 0 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 $1,141 and an average price per square feet of $2.15. There are a total of 2 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 $0 and an average price per square feet of $0.00. There are a total of 0 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 -0.04%, one bedroom rental prices have changed by -0.22%, two bedroom rental prices have changed by -0.17%, and three bedroom rental prices have changed by -0.04% year-over-year.

What is a reasonable rent price in Arizona?

A reasonable rent price in Arizona is around $1,360/month. You can search for these reasonably priced rental listings on RentHop.