GITNUX MARKETDATA REPORT 2024

Statistics About The Average Rent In Arizona

The average rent in Arizona is around $1,200 per month.

In this post, we will explore the average rent landscape in Arizona, providing key statistics on rental prices across various cities in the state. From the average cost of studio apartments to insights on rent increases over the past year, we’ll dive into the data to give you a comprehensive overview of the rental market in Arizona.

Statistic 1

"The average rent for a studio apartment in Arizona is around $850."

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Statistic 2

"In Phoenix, Arizona, the average rent for a two-bedroom apartment is around $1,200 per month."

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Statistic 3

"Kingman, Arizona has an average rent of $900 for a one-bedroom apartment."

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Statistic 4

"Chandler, Arizona, has seen a 6% increase in average rent over the last year."

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Statistic 5

"In Avondale, Arizona, the average rent for a one-bedroom apartment is $1,000 per month."

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Statistic 6

"Glendale, Arizona has an average rent of $1,100 for a one-bedroom apartment."

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Statistic 7

"The average rent in Tucson, Arizona is about $950 for a one-bedroom apartment."

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Statistic 8

"The median rent for apartments in Arizona increased by 5% over the past year."

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Statistic 9

"The average rent in Peoria, Arizona for a two-bedroom apartment is around $1,350 per month."

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Statistic 10

"The average rent in Gilbert, Arizona, is approximately $1,400 for a two-bedroom apartment."

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Statistic 11

"The vacancy rate for rental properties in Arizona is currently around 6%."

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Statistic 12

"The average rent in Arizona for a one-bedroom apartment is approximately $1,050 per month."

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Statistic 13

"In Mesa, Arizona, the average rent for a two-bedroom apartment is $1,250 per month."

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Statistic 14

"The average cost of utilities included in rent in Arizona is about $150 per month."

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Statistic 15

"In Scottsdale, Arizona, the average rent for a two-bedroom apartment is nearly $1,500 per month."

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Statistic 16

"The average rent in Tempe, Arizona for a one-bedroom apartment is approximately $1,300."

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Statistic 17

"Flagstaff, Arizona, has an average rent of $1,100 for a one-bedroom apartment."

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Statistic 18

"From 2020 to 2021, the average rent in Arizona increased by 7%."

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Statistic 19

"Prescott, Arizona, has seen a 4% increase in average rent over the last year."

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Statistic 20

"The average rent for a three-bedroom apartment in Arizona is about $1,500."

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In conclusion, the average rent in Arizona varies significantly across different cities, with Phoenix, Gilbert, and Tempe commanding higher rents for two-bedroom apartments compared to other areas. Some cities like Chandler and Prescott have experienced notable rent increases over the past year, while others have remained relatively stable. The overall trend in Arizona shows a general increase in rental prices, with the median rent increasing by 5% and the average rent across the state rising by 7% from 2020 to 2021. These statistics indicate a competitive rental market in Arizona, with tenants potentially facing challenges in finding affordable housing options, particularly in popular areas such as Scottsdale and Avondale.

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