18 Feb Northern Arizona Rental Market Update: February 2025 Edition
As the winter months slowly come to a close, now is the perfect time to prepare your home for the upcoming spring rental season. At Unlimited Real Estate, we’re committed to keeping you informed about the latest trends and shifts in the Northern Arizona rental market. In this month’s update, we’ll dive into the current state of single-family home rentals in Flagstaff, Prescott, Sedona, and Lake Havasu City.
Flagstaff
Flagstaff’s single-family home rental market continues to thrive, with an average rent of $3,000 – a $50 increase from last month and a $200 increase from this time last year. With only 75 available rentals on the market and an average of 81 days on market, it’s clear that demand is high in this college town. If you’re considering renting out your Flagstaff property, now is an excellent time to get ready for the spring influx of students and families.
Prescott
In Prescott, the average rent for single-family homes has risen to $2,600, representing a $101 month-over-month increase and a $100 year-over-year increase. With 85 available rentals and an average of 109 days on market, Prescott’s rental market is experiencing steady growth. As we approach the spring season, it’s essential for homeowners to prepare their properties for potential renters.
Sedona
Sedona’s luxury rental market continues to impress, with an average rent of $3,995 – a significant $195 increase from last month and a $245 increase from this time last year. Although there are only 51 available rentals on the market, Sedona’s unique red rock formations and thriving art scene make it an attractive destination for renters willing to pay a premium. If you own a property in Sedona, consider taking advantage of this strong demand by renting out your home during peak season.
Lake Havasu City
Lake Havasu City‘s single-family home rental market remains stable, with an average rent of $2,200 – no change from last month or last year. Despite having 214 available rentals on the market (the highest among our featured cities), Lake Havasu City still offers opportunities for homeowners looking to rent out their properties during peak travel seasons like spring break.
As we head into the spring months, it’s crucial for homeowners in Northern Arizona to prepare their properties for potential renters. This includes:
- Performing necessary maintenance tasks
- Upgrading amenities and appliances
- Setting competitive rental prices based on current market trends
- Marketing your property effectively through online listings and local real estate experts
At Unlimited Real Estate, our team is dedicated to helping you navigate Northern Arizona’s dynamic rental landscape. Whether you’re looking to rent out your primary residence or invest in a new property, we’ve got you covered. Stay ahead of the curve by contacting us today!
Data sourced from Zillow Rental Market Trends as of February 16, 2025.