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DATA DRIVEN

Phoenix metro rents show signs of cooling

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Arizona renters might finally be getting a breather.

A new Zumper analysis suggests apartment rents across the Phoenix area and the rest of the state are starting to drop in several spots, though high-end neighborhoods are still expensive.

Numbers

The newest Zumper Phoenix Metro Report puts the median statewide rent for a one-bedroom at $1,228 for last month.

They looked at active listings to find the most expensive and cheapest markets, plus areas where prices are falling fastest.

If you want to live in Fountain Hills, you’re going to pay for it. It’s currently the priciest spot in the state for a one-bedroom, with median rents hitting $1,980. Scottsdale is next at $1,700, and Flagstaff is third at $1,640.

At the other end, Glendale is the most affordable place on the list right now, with one-bedrooms going for a median of $1,070. Bullhead City isn’t far behind at $1,080, and Casa Grande is third cheapest at $1,110.

Trend

What’s interesting is how much prices have dropped through the past year. It looks like the era of non-stop, rapid rent hikes in Arizona might finally be slowing down.

Fountain Hills saw the biggest drop over the last year, with rents down 10% from 2025. Goodyear followed with a 9.3% dip, and Glendale prices fell by 7.8% compared with last year.

There is a similar cooling effect month-to-month. Prescott had the biggest one-month drop at 6.2%. Tempe rents went down by 3.7%, and Flagstaff saw a 3.5% decrease from the month before.

Zumper pulled this data from listings that went live last month, grouping everything by city to determine the middle-of-the-road asking price for the region.

Statewide

Looking at the state as a whole, RentCafe puts the average monthly payment somewhere between $1,575 and $2,000.

Prices change depending on where you are: studios go for about $1,080, one-bedrooms average $1,322, and two-bedrooms run around $1,606.

If you really want to save money, Pinal County is still the budget-friendly choice, with monthly rents averaging around $1,200.

HB 2682

Arizona is generally considered a “landlord-friendly” state, meaning there are no statewide rent control laws, offering flexibility for property owners.

But there is a bipartisan bill moving through the Arizona Legislature that would create a new $5 million emergency rental assistance program for families facing short-term financial hardship.

Under Arizona House Bill 2682, the Arizona Department of Economic Security would provide eligible renters with up to two months of rental assistance, capped at $5,000, using state funding allocated for fiscal year 2027. The program is designed for households with children under 18 experiencing unexpected financial crises.

To qualify, tenants would need to demonstrate they can resume paying rent after receiving assistance, have lived in their rental unit for at least one year, and be no more than two months behind on payments. Landlords who accept the aid would be barred from evicting tenants for nonpayment during the covered period.

The proposal also requires DES to process applications within five business days to ensure rapid relief.

As of February 2026, the measure had advanced out of the House Commerce Committee on a 7-4 vote. To become law, the bill still has to pass through the Arizona House and Senate.

Phoenix, rent, data driven

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