Rents are right about where Fountain Hills's 10-year trend predicts.
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 $2,332 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
July. Asking rents in Fountain Hills usually run 1.4% below trend in July and 1.4% above it in February, about $65 a month apart at today's median. Based on 5 years of data.
Rent in Fountain Hills is 0.6% below its high of $2,345 in August 2026, at $2,332 as of September 2026.
Rent in Fountain Hills changed +3.0% over the year to September 2026. Across the 45 Arizona cities Zillow tracks, the typical change was +1.6%.
Rent rose in 6 of the last 12 months.
30% of the median household income ($112,654) is $2,816 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,270); a 3-bedroom is $3,050.
Paradise Valley, 13 miles away, rents for 11% less ($2,069/mo), about $3,200 a year in savings.
From Zillow's monthly rent index (ZORI) for Fountain Hills. 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.
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Who lives here
Fountain Hills, AZ is majority owner-occupied, has a large retiree population, has a median income above the national average, 50.4% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Fountain Hills, AZ has changed in 5 years
Rent in Fountain Hills, AZ has climbed 14.6% since 2022, going from about $2,035 per month to roughly $2,332 today. Median household income grew from $90,143 to $112,654 between 2021 and 2024, a 25.0% shift. Income growth outran rent by about 10.4 percentage points, easing the affordability math somewhat compared with 2021. About 15.6% of households rent today, against 17.9% in 2021. Taken together, the five-year picture in Fountain Hills, AZ reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.
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Can you afford rent in Fountain Hills on your salary?
At $2,332/mo, how Fountain Hills rent compares to typical pay (30% rule).
Fountain Hills rent by bedroom count
Median rent for each apartment size in Fountain Hills. Click any size for full breakdown.
Tips for renters in Fountain Hills
Last updated: October 17, 2026
The median rent in Fountain Hills is $2,332/mo as of October 2026. A studio apartment averages $1,780/mo while a 2-bedroom runs $2,270/mo. One-bedroom apartments average $1,950/mo and 3-bedroom units go for $3,050/mo.
At 25% of local median household income ($112,654/yr), Fountain Hills ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.0% over the past year.
Frequently asked questions
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Which nearby cities are cheaper to rent in than Fountain Hills?
At $2,332/mo, rent takes ~25% of Fountain Hills's median household income ($112,654/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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