Rents are 17% below what Anthem's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,532 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
February. Asking rents in Anthem usually run 1.1% below trend in February and 0.7% above it in July, about $46 a month apart at today's median. Based on 11 years of data.
Rent in Anthem is 2.4% below its high of $2,594 in November 2024, at $2,532 as of September 2026.
Rent in Anthem changed +2.1% over the year to September 2026. Across the 45 Arizona cities Zillow tracks, the typical change was +1.6%.
From 2019 to 2024, rent in Anthem rose 56.6% while median household income rose 17.4% ($102,719 to $120,613). Rent outpaced income.
Rent in Anthem is 47.5% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has fallen 2 months in a row, and rose in 6 of the last 12 months.
30% of the median household income ($120,613) is $3,015 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,770); a 3-bedroom is $3,730.
Peoria, 13 miles away, rents for 27% less ($1,851/mo), about $8,200 a year in savings.
From Zillow's monthly rent index (ZORI) for Anthem. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
Is your rent fair?
Compare your rent to the local median.
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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Anthem, AZ has changed in 5 years
Five years ago, renters in Anthem, AZ paid around $2,123 a month. That figure now sits near $2,532, up 19.3% 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.
Discussions about Anthem
No discussions yet. Start the conversation.
Can you afford rent in Anthem on your salary?
At $2,532/mo, how Anthem rent compares to typical pay (30% rule).
Anthem rent by bedroom count
Median rent for each apartment size in Anthem. Click any size for full breakdown.
Tips for renters in Anthem
Last updated: October 17, 2026
The median rent in Anthem is $2,532/mo as of October 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 25% of local median household income ($120,613/yr), Anthem ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.1% over the past year.
Frequently asked questions
How much income do you need to rent in Anthem?
Is rent going up or down in Anthem?
When is the cheapest time to rent in Anthem?
Has rent outpaced income in Anthem?
How does Anthem rent compare to other cities in Arizona?
At $2,532/mo, rent takes ~25% of Anthem's median household income ($120,613/yr). The standard benchmark is 30%.
How does this area stack up?
Pick another city or ZIP to compare.
Estimated from ZIP-level data
Be the first to submit your rent for Anthem.
No discussions yet.