18 Jul July Rental Market Update: Northern Arizona
Welcome to our July rental market update, where we delve into the latest trends and insights shaping the rental landscape in Northern Arizona. As we move through the summer, the rental market continues to evolve, offering both opportunities and challenges for property owners and investors. Let’s explore the current trends in Flagstaff, Prescott, Sedona, and Lake Havasu City.
Flagstaff Single Family Homes
Flagstaff’s rental market has stabilized, with the average rent for single-family homes remaining at $2,800. This consistent figure reflects no change from the previous month, though there is a $100 year-over-year decrease. Despite this, with 92 available rentals and an average of 56 days on the market, the demand remains strong, indicating a healthy rental environment.
Prescott Single Family Homes
Prescott’s rental market shows remarkable stability, with the average rent for single-family homes holding steady at $2,500. This consistency is evident in both the month-over-month and year-over-year changes, which are at $0. With 90 available rentals and an average of 108 days on the market, Prescott continues to attract renters, maintaining its appeal as a desirable location.
Sedona Single Family Homes
Sedona’s luxury rental market has experienced a slight fluctuation, with the average rent for single-family homes decreasing to $3,745. This represents a $230 month-over-month decrease, but a $245 year-over-year increase. With 87 available rentals and an average of 144 days on the market, Sedona remains a premium destination, though property owners may need to adjust their strategies to meet the evolving demands of luxury renters.
Lake Havasu City Single Family Homes
Lake Havasu City’s rental market has seen a positive shift, with the average rent for single-family homes remaining at $2,200. This stability is accompanied by a $200 year-over-year increase, indicating a growing interest in the area. With 210 available rentals and an average of 142 days on the market, the city offers ample opportunities, especially for those looking to capitalize on the peak travel seasons.
As we conclude our July rental market update, it’s clear that Northern Arizona continues to offer a dynamic and promising rental landscape. Whether you’re a property owner looking to optimize your investment or a potential investor exploring new opportunities, staying informed about these trends is crucial. If you’re interested in gaining a deeper understanding of how these trends might affect your property, we encourage you to request a free property analysis. Our team at Unlimited RE Property Management is here to help you navigate the market and make informed decisions. Contact us today to learn more!
Data sourced from Zillow Rental Market Trends as of July 16, 2025.