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City Report · AZ

New River

Pop. 18,240·1st most expensive in Arizona·One of the pricier rental markets in the US
Median rent (all units)
$3,632/mo
Year-over-Year
Stable
Month-over-Month
+58.3%
vs US Median
+$1,667
Rising (Monthly)
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Most AffordableMost Expensive
New River · $3,632
More expensive than 97% of US cities · National median $1,965/mo
Affordability
32% of income
MODERATE
0%30% benchmark60%+

At $3,632/mo, rent takes about 32% of the local median household income, slightly above the 30% benchmark.

Income to afford
$145,000/yr
Local median income
$134,289/yr
Based on the 30%-of-income rule using New River's median rent and household income. See the full affordability breakdown →
Rent trends

12-month history

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Last updated: March 21, 2026

Annual cost
$43,584/yr
At $3,632/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +58.3% MoM), not inventory.
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Demographics

Who lives here

New River, AZ is majority owner-occupied, has a large retiree population, has a median income above the national average, 31.5% of residents hold a bachelor's degree or higher.

Population
18,240
Median income
$134,289
Median age
50.7
Renters
5.3%
Age distribution
19.7%
31.1%
17.5%
21.7%
Under 1819.7%
18–3410%
35–5431.1%
55–6417.5%
65+21.7%
Gender
50.3%
49.7%
Male50.3%
Female49.7%
Race & ethnicity
89.3%
White89.3%
Black0.9%
Hispanic6.3%
Asian1.8%
Other1.7%
Education (25+)
27.2%
37%
31.5%
No HS diploma4.3%
HS diploma27.2%
Some college37%
Bachelor's+31.5%
Housing tenure
94.7%
Owner94.7%
Renter5.3%

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

2021 vs 2026

How New River, AZ has changed in 5 years

Income
$110,257 → $134,289
up 21.8%
Population
17,731 → 18,240
up 2.9%
Renter share
4.4% → 5.3%
+0.9 pts
Bachelor's+
34.9% → 31.5%
-3.4 pts
Median age
49 → 50.7
+1.7 yrs

Census figures show median household income at $134,289 today, compared with $110,257 five years earlier. Headcount in the area went from 17,731 to 18,240 between 2021 and 2024, a 2.9% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher slipped from 34.9% to 31.5%.

Community

Discussions about New River

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View New River rent history (2015–2026) →
Salary vs rent

Can you afford rent in New River on your salary?

At $3,632/mo, how New River rent compares to typical pay (30% rule).

By apartment size

New River rent by bedroom count

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

Local insights

Tips for renters in New River

About renting in New River, AZ

Last updated: March 21, 2026

The median rent in New River is $3,632/mo as of March 2026.

At 32% of local median household income ($134,289/yr), New River ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is New River an affordable city for renters?

New River is considered moderate for renters. At $3,632/mo, rent takes approximately 32% of the local median household income ($134,289/yr). The standard benchmark is 30%. New River slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in New River?

To keep rent at or below 30% of gross income, you would need to earn at least $145,000/year (~$70/hour full-time) to afford the median rent of $3,632/mo in New River. The local median household income is $134,289/yr, meaning the typical New River household falls short of that threshold.

Is rent going up or down in New River?

Rent in New River has been relatively stable over the past year, with a 0.0% change year over year as of March 2026.

How does New River rent compare to other cities in Arizona?

New River is one of the pricier cities in Arizona for rent, ranking #1 out of 53 tracked cities at $3,632/mo.

Which nearby cities are cheaper to rent in than New River?

Several nearby cities have lower median rents than New River ($3,632/mo): Glendale ($1,524/mo), Sun City ($1,737/mo), Peoria ($1,876/mo).

What percentage of New River residents rent vs. own?

According to Census data, approximately 5.3% of New River households are renters, while 94.7% are owner-occupied. New River leans toward homeownership, which can mean a smaller rental inventory.

How does New River rent compare to the national average?

New River's median rent of $3,632/mo is $1,667 (85%) above the US national median of $1,965/mo. Within Arizona, it ranks #1 out of 53 tracked cities.
Income Affordability
32%
MODERATE

At $3,632/mo, rent takes ~32% of New River's median household income ($134,289/yr). The standard benchmark is 30%.

New River 32%Benchmark 30%
State income tax2.5%
Run the New River affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near New River, AZ

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