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Best Places to Rent

Arizona

Average Rent

$1,438

-2.8% YoY

Rent Comparison

-12.5% Lower

than national average

Population

7.68 Million

in 2022

The state of Arizona is comprised of 7 metropolitan areas with a total population of 7,684,821. Explore Arizona’s metro areas and compare key metrics.

Phoenix Metro Area

Average Rent

$1,482

Population

5,267,110

# of Rentals

12,928

Tucson Metro Area

Average Rent

$1,078

Population

1,089,272

# of Rentals

1,703

Prescott Metro Area

Average Rent

$1,472

Population

255,297

# of Rentals

229

Lake Havasu Metro Area

Average Rent

$948

Population

229,354

# of Rentals

11

Yuma Metro Area

Average Rent

$1,055

Population

224,886

# of Rentals

35

Flagstaff Metro Area

Average Rent

$1,963

Population

145,046

# of Rentals

210

Sierra Vista-Douglas Metro Area

Average Rent

$948

Population

126,220

# of Rentals

46

Average Rent is calculated by averaging the monthly rent of 1 bedroom apartments.

Other States

This information is based on data collected by CoStar Group researchers.