15 Apr Northern Arizona Rental Market Update: April 2025 Edition
As April unfolds, the rental landscape in Northern Arizona is bustling with activity. With the arrival of spring, the market is alive with students and families eager to find their new homes, and homeowners are sprucing up their properties to welcome new tenants. At Unlimited Real Estate, we pride ourselves on providing you with the most up-to-date information on the rental market. Here’s your comprehensive April 2025 Rental Market Update, focusing on single-family homes in Flagstaff, Prescott, Sedona, and Lake Havasu City.
Flagstaff
Flagstaff’s rental market is thriving, with the average rent for single-family homes holding steady at $3,000. This represents a significant $145 year-over-year increase, reflecting the city’s enduring appeal. With 64 available rentals and an average of 84 days on market, the demand remains high, especially with the academic year in full swing.
Prescott
Prescott is seeing a surge in rental prices, with the average rent for single-family homes climbing to $2,700. This marks a substantial $200 increase both month-over-month and year-over-year, indicating a strong market. With 77 available rentals and an average of 113 days on market, homeowners have a golden opportunity to capitalize on the growing interest in this picturesque city.
Sedona
Sedona’s luxury rental market is experiencing some adjustments, with the average rent for single-family homes at $3,750. This reflects a $100 month-over-month decrease and a $200 year-over-year decrease. Despite having 74 available rentals and an average of 127 days on market, Sedona’s unique charm and natural beauty continue to attract high-end renters, making it a prime location for luxury rentals.
Lake Havasu City
Lake Havasu City’s rental market is stable, with the average rent for single-family homes remaining at $2,200. While there is no month-over-month change, there is a $100 year-over-year decrease. With 193 available rentals and an average of 131 days on market, the city offers plenty of opportunities for homeowners, particularly during peak travel seasons. The potential for short-term rentals is high, especially as retirees and travelers flock to the area during the cooler months.
In summary, Northern Arizona’s rental market is a patchwork of opportunities and challenges, with each city offering its own unique advantages. Whether you’re considering renting out your property in Flagstaff, Prescott, Sedona, or Lake Havasu City, staying informed about the latest market trends is essential. At Unlimited Real Estate, we’re here to guide you through the rental market and help you make the most of your investment.
Get in touch with us today for a free property analysis and learn how to leverage the increasing demand for rentals in Northern Arizona. Our expert team will work with you to develop the best rental strategy for your property, ensuring you achieve the highest possible returns. Don’t let this opportunity slip away—contact us now to start maximizing your rental income!
Data sourced from Zillow Rental Market Trends as of April 13, 2025.