October 2026 Rental Market Update: Northern Arizona

October 2026 Rental Market Update: Northern Arizona

October brings crisp air and vibrant autumn colors to the San Francisco Peaks of Northern Arizona, along with fresh updates (and chilling pricing in some areas) in the local rental market. With the newest dataset in hand, here’s what renters and property owners need to know as we head deeper into the fall season.

Flagstaff

Flagstaff’s rental market remains dynamic, with average rent now at $2,133—a $105 decrease month-over-month and a $56 decrease year-over-year. Available rentals stand at 332, showing continued demand as we move into October.

Prescott

Prescott’s rental market holds steady, with average rent at $1,850—a $50 increase month-over-month and an $88 decrease year-over-year. There are 248 available rentals for October.

Prescott Valley

Prescott Valley’s rental market is shifting, with average rent at $1,724—a $101 decrease month-over-month and a $271 decrease year-over-year. Available rentals number 164 this October.

Sedona

Sedona’s luxury rental market continues to rise, with average rent now at $3,800—a $5 increase month-over-month and a $350 increase year-over-year. Available rentals are at 158 for October, keeping competition strong among high-end renters.

Lake Havasu City

Lake Havasu City’s rental market holds steady, with average rent at $1,900—unchanged from last month and a $42 increase year-over-year. Available rentals are at 388 this October, offering renters plenty of choices.

Cottonwood

Cottonwood’s rental market is seeing modest growth, with average rent at $1,710—a $110 increase month-over-month and an $85 decrease year-over-year. Available rentals stand at 54 heading into October, providing more options for prospective tenants.

Northern Arizona’s rental landscape continues to evolve as we move through October. For insights into how these trends could impact your property strategy, or for a custom market analysis, reach out to Unlimited RE Property Management—your local experts in navigating changing market conditions.

Data sourced from Zillow Rental Market Trends as of October 18, 2026.