Phoenix-Mesa-Chandler, AZ
N/A transactions last 30d
6.37%
gross yield
$2,300
Median rent
$421,692
Avg home value
N/A
30d transactions
Market data updated Jul 1, 2026
Arizona Average Rent & Rental Yield
Screen Arizona rental return signals with average asking rent (median), gross rental yield, home value, and transaction activity. Use this page as a market-level starting point before underwriting individual properties, operators, or borrower prospects.
6.47%
Gross Rental Yield
$2,200
Median Rent
$401,192
Avg Home Value
N/A
Transactions (30d)
Average rent in Arizona
The median asking rent in Arizona is $2,200 as of July 2026, based on active rental listings statewide. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.
Against an average home value of $401,192, that rent level prices Arizona at a 6.47% gross rental yield. Rent and yield vary widely by metro — use the metro breakdown below to compare individual Arizona markets.
Rental yield snapshot for Arizona
Gross rental yield is a first-pass market screen. It does not include taxes, insurance, repairs, vacancies, financing, or property-level operating differences. Pair it with observed transaction activity before choosing where to prospect.
N/A
Median Sale Price
N/A
Active Listings
N/A
Avg Days on Market
N/A
Months of Supply
N/A
Price Reduced
Jul 1, 2026
Market Data Date
Metro market heatmap
Featured metros combine the largest Arizona markets by transaction activity with the highest gross-yield markets, so both demand centers and return outliers stay visible in one screen.
Arizona metro market heatmap
Each metro tile shows rent, value, transaction context, and a direct path into the Rental Insights workflow.
Under 5.5%5.5% to <6.5%6.5% to <7.5%7.5%+
Tucson, AZ
N/A transactions last 30d
6.98%
gross yield
$1,900
Median rent
$329,505
Avg home value
N/A
30d transactions
Lake Havasu City-Kingman, AZ
N/A transactions last 30d
6.97%
gross yield
$1,750
Median rent
$327,436
Avg home value
N/A
30d transactions
Prescott Valley-Prescott, AZ
N/A transactions last 30d
6.20%
gross yield
$2,300
Median rent
$444,444
Avg home value
N/A
30d transactions
Show Low, AZ
N/A transactions last 30d
7.25%
gross yield
$2,000
Median rent
$325,239
Avg home value
N/A
30d transactions
Sierra Vista-Douglas, AZ
N/A transactions last 30d
7.15%
gross yield
$1,650
Median rent
$279,175
Avg home value
N/A
30d transactions
Flagstaff, AZ
N/A transactions last 30d
5.69%
gross yield
$2,750
Median rent
$584,699
Avg home value
N/A
30d transactions
Yuma, AZ
N/A transactions last 30d
6.95%
gross yield
$1,650
Median rent
$277,631
Avg home value
N/A
30d transactions
Nogales, AZ
N/A transactions last 30d
7.61%
gross yield
$1,800
Median rent
$281,616
Avg home value
N/A
30d transactions
Payson, AZ
N/A transactions last 30d
7.02%
gross yield
$2,100
Median rent
$363,299
Avg home value
N/A
30d transactions
Safford, AZ
N/A transactions last 30d
8.02%
gross yield
$2,000
Median rent
$198,075
Avg home value
N/A
30d transactions
Metro
Gross Yield
Median Rent
Avg Home Value
30d Transactions
Phoenix-Mesa-Chandler, AZ
AZ
6.37%
$2,300
$421,692
N/A
Tucson, AZ
AZ
6.98%
$1,900
$329,505
N/A
Lake Havasu City-Kingman, AZ
AZ
6.97%
$1,750
$327,436
N/A
Prescott Valley-Prescott, AZ
AZ
6.20%
$2,300
$444,444
N/A
Show Low, AZ
AZ
7.25%
$2,000
$325,239
N/A
Sierra Vista-Douglas, AZ
AZ
7.15%
$1,650
$279,175
N/A
Flagstaff, AZ
AZ
5.69%
$2,750
$584,699
N/A
Yuma, AZ
AZ
6.95%
$1,650
$277,631
N/A
Nogales, AZ
AZ
7.61%
$1,800
$281,616
N/A
Payson, AZ
AZ
7.02%
$2,100
$363,299
N/A
Safford, AZ
AZ
8.02%
$2,000
$198,075
N/A
All Arizona rental markets
Average rent and rental yield reports for every covered Arizona metro (11 markets).
- Flagstaff, AZ5.69% yield
- Lake Havasu City-Kingman, AZ6.97% yield
- Nogales, AZ7.61% yield
- Payson, AZ7.02% yield
- Phoenix-Mesa-Chandler, AZ6.37% yield
- Prescott Valley-Prescott, AZ6.20% yield
- Safford, AZ8.02% yield
- Show Low, AZ7.25% yield
- Sierra Vista-Douglas, AZ7.15% yield
- Tucson, AZ6.98% yield
- Yuma, AZ6.95% yield
Turn Arizona rental signals into a target list
Use yield context to prioritize a market, then move into rental listings, active investors, borrower prospects, or a custom data pull for your team.