Average Rent In Arizona For January 2024
Average Rent
What is the average rent in Arizona?
The average rent in Arizona for January 2024 is $1,379, according to the most recent data from ApartmentList - January 3, 2024. The average rent of a 2-bedroom apartment in Arizona is $1,357. The average rent of a 1-bedroom apartment in Arizona is $1,155.
Compared to the national average of $1,379, Arizona rent costs 0.0% less. Read our analysis of rents by state to see how Arizona ranks.
Here's a look at how average rents have changed over time:
How Does Arizona Rent Compare To The Rest Of The Country?
| Statistic | AZ | USA | % Difference |
|---|---|---|---|
| Average Rent | $1,379 | $1,379 | 0.0% |
| M-o-M Change | -$11 | -$11 | -0.0% |
| Y-o-Y Change | -$52 | -$14 | 271.4% |
| M-o-M % Change | -0.8% | -0.8% | - |
| Y-o-Y % Change | -3.6% | -1.0% | - |
Median Rent By Bedrooms In Arizona
1-Bedroom
2-Bedroom
As you would expect, the median price for rent in Arizona increases as the number of bedrooms in the unit increases. 1-Bedroom rent is the cheapest in Arizona clocking in at $1,155, while a 2-bedroom rental will set you back $1,357 per month.
If you don't mind having roommates, the best option on a per room basis is a 2-bedroom rental for $678/room/month.
Read on to find out more or for more on Arizona check out:
Month Over Month Arizona Rent Statistics
M-o-M Increase
M-o-M Increase
Arizona has experienced a -$11 change in rent over the past month going from $1,390 to $1,379. That change comes out to -0.8%.
For reference, the US national average rent changed -$11 in the past month or -0.8%.
Here's a look at the month over month change for each month since 2017 for Arizona:
Year Over Year Arizona Rent Statistics
Y-o-Y Increase
Y-o-Y Increase
Over the past year, the average rent in Arizona changed -$52 from $1,431 to $1,379. A change of -$52 means that rents changed -3.6% in a year.
That compares to the US national change of -$14 in the past year or -1.0%.
Here's a look at the year over year change by month since 2017 for Arizona:
The 10 Places With The Highest Rent In Arizona
Population: 13,961
Median Rent: $1,914
More on Paradise Valley: Data | Crime | Cost Of Living | Real Estate
Population: 5,686
Median Rent: $1,683
More on Litchfield Park: Data | Cost Of Living | Real Estate
Population: 28,257
Median Rent: $1,472
More on Sahuarita: Data | Crime | Cost Of Living | Real Estate
Population: 232,176
Median Rent: $1,457
More on Gilbert: Data | Crime | Cost Of Living | Real Estate
Population: 33,298
Median Rent: $1,453
More on Queen Creek: Data | Cost Of Living | Real Estate
Population: 46,248
Median Rent: $1,402
More on Maricopa: Data | Crime | Cost Of Living | Real Estate
Population: 74,953
Median Rent: $1,385
More on Goodyear: Data | Crime | Cost Of Living | Real Estate
Population: 5,423
Median Rent: $1,367
More on Cave Creek: Data | Cost Of Living | Real Estate
Population: 239,283
Median Rent: $1,306
More on Scottsdale: Data | Crime | Cost Of Living | Real Estate
Population: 129,534
Median Rent: $1,304
More on Surprise: Data | Crime | Cost Of Living | Real Estate
Learn More About Living In Arizona
About Chris Kolmar
Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.
He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.
If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.
You can find out more about him on LinkedIn.