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City Report · AZ

Anthem

Pop. 22,584·5th most expensive in Arizona·Rental market data updated monthly for Anthem, AZ
Median rent (all units)
$2,229/mo
Year-over-Year
+2.9%
Month-over-Month
-2.0%
vs US Median
+$264
Falling (Monthly)
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Most AffordableMost Expensive
Anthem · $2,229
More expensive than 70% of US cities · National median $1,965/mo
Rent Reality Score
80/100
Great value
OverheatedFairGreat value

Rents are 15% below what Anthem's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,229/mo
Expected by trend
$2,625/mo
The Rent Reality Score compares today's median rent to where Anthem's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$2,170
1 BR
$2,380
2 BR
$2,770
3 BR
$3,730
4 BR+
$4,170
Research median
$2,770/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$26,748/yr
At $2,229/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+2.9% YoY, -2.0% MoM), not inventory.
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Demographics

Who lives here

Anthem, AZ is majority owner-occupied, has a large retiree population, has a median income above the national average, 50.8% of residents hold a bachelor's degree or higher.

Population
22,584
Median income
$120,613
Median age
46.3
Renters
15.1%
Age distribution
21.8%
15.4%
27.3%
12.4%
23.1%
Under 1821.8%
18–3415.4%
35–5427.3%
55–6412.4%
65+23.1%
Gender
47.2%
52.8%
Male47.2%
Female52.8%
Race & ethnicity
85.2%
White85.2%
Black1.4%
Hispanic8.7%
Asian2.3%
Other2.5%
Education (25+)
15.7%
31.5%
50.8%
No HS diploma2.1%
HS diploma15.7%
Some college31.5%
Bachelor's+50.8%
Housing tenure
84.9%
15.1%
Owner84.9%
Renter15.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Anthem, AZ has changed in 5 years

Rent
$1,894 → $2,229
up 17.7%
Income
$107,558 → $120,613
up 12.1%
Population
22,750 → 22,584
down 0.7%
Renter share
18.8% → 15.1%
-3.7 pts
Bachelor's+
47% → 50.8%
+3.8 pts
Median age
43.4 → 46.3
+2.9 yrs

Five years ago, renters in Anthem, AZ paid around $1,894 a month. That figure now sits near $2,229, up 17.7% from the 2021 baseline. Census figures show median household income at $120,613 today, compared with $107,558 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. The renter share has eased from 18.8% to 15.1%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 47% to 50.8% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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View Anthem rent history (2015–2026) →
Salary vs rent

Can you afford rent in Anthem on your salary?

At $2,229/mo, how Anthem rent compares to typical pay (30% rule).

By apartment size

Anthem rent by bedroom count

Median rent for each apartment size in Anthem. Click any size for full breakdown.

Local insights

Tips for renters in Anthem

About renting in Anthem, AZ

Last updated: July 20, 2026

The median rent in Anthem is $2,229/mo as of July 2026. A studio apartment averages $2,170/mo while a 2-bedroom runs $2,770/mo. One-bedroom apartments average $2,380/mo and 3-bedroom units go for $3,730/mo.

At 22% of local median household income ($120,613/yr), Anthem ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.9% over the past year.

FAQ

Frequently asked questions

Is Anthem an affordable city for renters?

Anthem is considered very affordable for renters. At $2,229/mo, rent takes approximately 22% of the local median household income ($120,613/yr). The standard benchmark is 30%. Anthem falls comfortably within that range.

How much income do you need to rent in Anthem?

To keep rent at or below 30% of gross income, you would need to earn at least $89,000/year (~$43/hour full-time) to afford the median rent of $2,229/mo in Anthem. The local median household income is $120,613/yr, meaning the typical Anthem household meets that threshold.

Is rent going up or down in Anthem?

Rent in Anthem has increased 2.9% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Anthem rent compare to other cities in Arizona?

Anthem is one of the pricier cities in Arizona for rent, ranking #5 out of 51 tracked cities at $2,229/mo.

Which nearby cities are cheaper to rent in than Anthem?

Several nearby cities have lower median rents than Anthem ($2,229/mo): Glendale ($1,524/mo), Sun City ($1,737/mo), Peoria ($1,876/mo).

What percentage of Anthem residents rent vs. own?

According to Census data, approximately 15.1% of Anthem households are renters, while 84.9% are owner-occupied. Anthem leans toward homeownership, which can mean a smaller rental inventory.

How does Anthem rent compare to the national average?

Anthem's median rent of $2,229/mo is $264 (13%) above the US national median of $1,965/mo. Within Arizona, it ranks #5 out of 51 tracked cities.
Income Affordability
22%
VERY AFFORDABLE

At $2,229/mo, rent takes ~22% of Anthem's median household income ($120,613/yr). The standard benchmark is 30%.

Anthem 22%Benchmark 30%
State income tax2.5%
Run the Anthem affordability calculator →
Lowest-rent ZIP codes in Anthem
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Anthem, AZ

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