Rents are right about where Lake Havasu City'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 $1,704 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
Rent in Lake Havasu City is at its highest level since Zillow's records here began in December 2021.
Rent in Lake Havasu City changed +3.5% over the year to September 2026. Across the 45 Arizona cities Zillow tracks, the typical change was +1.6%.
Rent has risen 2 months in a row, and rose in 10 of the last 12 months.
30% of the median household income ($70,148) is $1,754 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,563); a 3-bedroom is $2,170.
The priciest of 3 ZIP codes in Lake Havasu City, 86404 ($1,926/mo), costs 26% more than the cheapest, 86403 ($1,526/mo).
From Zillow's monthly rent index (ZORI) for Lake Havasu City. 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
Lake Havasu City, AZ is majority owner-occupied, has a large retiree population, 18.5% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Lake Havasu City, AZ has changed in 5 years
The median rent in Lake Havasu City, AZ stood at $1,508 in 2022 and currently runs about $1,704, reflecting a 13.0% increase over the period. Household income in the area moved from $59,817 to $70,148 across the same window, up 17.3% versus 2021. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 3.3% since 2021, moving from about 56,510 residents to roughly 58,359. Reading these numbers side by side helps frame whether current listings in Lake Havasu City, AZ look reasonable against where the market sat half a decade ago.
Discussions about Lake Havasu City
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Can you afford rent in Lake Havasu City on your salary?
At $1,704/mo, how Lake Havasu City rent compares to typical pay (30% rule).
Lake Havasu City rent by bedroom count
Median rent for each apartment size in Lake Havasu City. Click any size for full breakdown.
Tips for renters in Lake Havasu City
Last updated: October 17, 2026
The median rent in Lake Havasu City is $1,704/mo as of October 2026. A studio apartment averages $1,210/mo while a 2-bedroom runs $1,563/mo. One-bedroom apartments average $1,210/mo and 3-bedroom units go for $2,170/mo.
At 29% of local median household income ($70,148/yr), Lake Havasu City ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.5% over the past year.
Frequently asked questions
How much income do you need to rent in Lake Havasu City?
Is rent going up or down in Lake Havasu City?
Which Lake Havasu City neighborhoods have the lowest rent?
How does Lake Havasu City rent compare to other cities in Arizona?
Which nearby cities are cheaper to rent in than Lake Havasu City?
At $1,704/mo, rent takes ~29% of Lake Havasu City's median household income ($70,148/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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