City Report · AZ

Lake Havasu City

Pop. 58,359·32nd most expensive in Arizona·Lake Havasu City rents are up 10.1% over the past year
Median rent (all units)
$1,720/mo
Year-over-Year
+10.1%
Month-over-Month
-1.9%
vs US Median
-$242
Falling (Monthly)
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Most AffordableMost Expensive
Lake Havasu City · $1,720
More affordable than 60% of US cities · National median $1,962/mo
Rent Reality Score
37/100
Overpriced
OverheatedFairGreat value

Rents are 6% above what Lake Havasu City's 10-year trend predicts — running hotter than its own history.

Actual rent
$1,720/mo
Expected by trend
$1,617/mo
The Rent Reality Score compares today's median rent to where Lake Havasu City's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,210
1 BR
$1,210
2 BR
$1,563
3 BR
$2,170
4 BR+
$2,410
Fair Market Rent (HUD)
$1,563/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,720 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 →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$20,640/yr
At $1,720/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 10.1% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+10.1% YoY, -1.9% MoM), not inventory.
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Demographics

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.

Population
58,359
Median income
$70,148
Median age
56.1
Renters
26.8%
Age distribution
14.3%
15.9%
18.6%
16%
35.2%
Under 1814.3%
18–3415.9%
35–5418.6%
55–6416%
65+35.2%
Gender
49.4%
50.6%
Male49.4%
Female50.6%
Race & ethnicity
82.7%
15.3%
White82.7%
Black0.5%
Hispanic15.3%
Asian0.7%
Other0.8%
Education (25+)
33%
41.4%
18.5%
No HS diploma7.2%
HS diploma33%
Some college41.4%
Bachelor's+18.5%
Housing tenure
73.2%
26.8%
Owner73.2%
Renter26.8%

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

2022 vs 2026

How Lake Havasu City, AZ has changed in 5 years

Rent
$1,411 → $1,720
up 21.9%
Income
$59,817 → $70,148
up 17.3%
Population
56,510 → 58,359
up 3.3%
Renter share
26.1% → 26.8%
+0.7 pts
Bachelor's+
17.9% → 18.5%
+0.6 pts
Median age
54.8 → 56.1
+1.3 yrs

The median rent in Lake Havasu City, AZ stood at $1,411 in 2022 and currently runs about $1,720, reflecting a 21.9% 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. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. 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.

Community

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View Lake Havasu City rent history (2015–2026) →
Salary vs rent

Can you afford rent in Lake Havasu City on your salary?

At $1,720/mo, how Lake Havasu City rent compares to typical pay (30% rule).

By apartment size

Lake Havasu City rent by bedroom count

Median rent for each apartment size in Lake Havasu City. Click any size for full breakdown.

Local insights

Tips for renters in Lake Havasu City

About renting in Lake Havasu City, AZ

Last updated: August 17, 2026

The median rent in Lake Havasu City is $1,720/mo as of August 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 10.1% over the past year.

FAQ

Frequently asked questions

Is Lake Havasu City an affordable city for renters?

Lake Havasu City is considered affordable for renters. At $1,720/mo, rent takes approximately 29% of the local median household income ($70,148/yr). The standard benchmark is 30%. Lake Havasu City falls comfortably within that range.

How much income do you need to rent in Lake Havasu City?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (~$33/hour full-time) to afford the median rent of $1,720/mo in Lake Havasu City. The local median household income is $70,148/yr, meaning the typical Lake Havasu City household meets that threshold.

Is rent going up or down in Lake Havasu City?

Rent in Lake Havasu City has increased 10.1% over the past year as of August 2026, putting upward pressure on renter budgets.

Which Lake Havasu City neighborhoods have the lowest rent?

The most affordable ZIP codes in Lake Havasu City are 86403 ($1,444/mo), 86406 ($2,006/mo), and 86404 ($2,011/mo). Citywide, the median rent in Lake Havasu City is $1,720/mo.

How does Lake Havasu City rent compare to other cities in Arizona?

Lake Havasu City is middle-of-the-pack for Arizona for rent, ranking #32 out of 49 tracked cities at $1,720/mo.

Which nearby cities are cheaper to rent in than Lake Havasu City?

Several nearby cities have lower median rents than Lake Havasu City ($1,720/mo): Laughlin ($1,013/mo), Bullhead City ($1,354/mo).

What percentage of Lake Havasu City residents rent vs. own?

According to Census data, approximately 26.8% of Lake Havasu City households are renters, while 73.2% are owner-occupied. Lake Havasu City leans toward homeownership, which can mean a smaller rental inventory.

How does Lake Havasu City rent compare to the national average?

Lake Havasu City's median rent of $1,720/mo is $242 (12%) below the US national median of $1,962/mo. Within Arizona, it ranks #32 out of 49 tracked cities.
Income Affordability
29%
AFFORDABLE

At $1,720/mo, rent takes ~29% of Lake Havasu City's median household income ($70,148/yr). The standard benchmark is 30%.

Lake Havasu City 29%Benchmark 30%
State income tax2.5%
Run the Lake Havasu City affordability calculator →
Lowest-rent ZIP codes in Lake Havasu City
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Lake Havasu City, AZ

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