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City Report · AZ

Sedona

Pop. 9,777·1st most expensive in Arizona·Sedona rents have dropped 5.3%, currently a renter's market
Median rent (all units)
$2,499/mo
Year-over-Year
-5.3%
Month-over-Month
-7.8%
vs US Median
+$537
Falling (Monthly)
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Most AffordableMost Expensive
Sedona · $2,499
More expensive than 79% of US cities · National median $1,962/mo
Rent Reality Score
65/100
Good value
OverheatedFairGreat value

Rents are 8% below what Sedona's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,499/mo
Expected by trend
$2,704/mo
The Rent Reality Score compares today's median rent to where Sedona's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,340
1 BR
$1,555
2 BR
$1,910
3 BR
$2,600
4 BR+
$2,980
Fair Market Rent (HUD)
$1,910/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,499 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
$29,988/yr
At $2,499/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 5.3% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-5.3% YoY, -7.8% MoM), not inventory.
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Demographics

Who lives here

Sedona, AZ is majority owner-occupied, has a large retiree population, 50.4% of residents hold a bachelor's degree or higher.

Population
9,777
Median income
$73,738
Median age
58.2
Renters
27.4%
Age distribution
12.3%
20.4%
20.2%
35.5%
Under 1811.6%
18–3412.3%
35–5420.4%
55–6420.2%
65+35.5%
Gender
48.7%
51.3%
Male48.7%
Female51.3%
Race & ethnicity
71.3%
21%
White71.3%
Black1.7%
Hispanic21%
Asian2%
Other4%
Education (25+)
15.3%
29%
50.4%
No HS diploma5.3%
HS diploma15.3%
Some college29%
Bachelor's+50.4%
Housing tenure
72.6%
27.4%
Owner72.6%
Renter27.4%

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

2023 vs 2026

How Sedona, AZ has changed in 5 years

Rent
$2,545 → $2,499
down 1.8%
Income
$58,901 → $73,738
up 25.2%
Population
9,723 → 9,777
up 0.6%
Renter share
26.2% → 27.4%
+1.2 pts
Bachelor's+
49% → 50.4%
+1.4 pts

The median rent in Sedona, AZ stood at $2,545 in 2023 and currently runs about $2,499, reflecting a 1.8% decrease over the period. Local incomes tracked alongside that move, going from a median of $58,901 in 2021 to $73,738 more recently. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Sedona, AZ market of 2023.

Community

Discussions about Sedona

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View Sedona rent history (2015–2026) →
Salary vs rent

Can you afford rent in Sedona on your salary?

At $2,499/mo, how Sedona rent compares to typical pay (30% rule).

By apartment size

Sedona rent by bedroom count

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

Local insights

Tips for renters in Sedona

About renting in Sedona, AZ

Last updated: August 17, 2026

The median rent in Sedona is $2,499/mo as of August 2026. A studio apartment averages $1,340/mo while a 2-bedroom runs $1,910/mo. One-bedroom apartments average $1,555/mo and 3-bedroom units go for $2,600/mo.

At 41% of local median household income ($73,738/yr), Sedona ranks as moderate compared to the national benchmark of 30%. Rents have decreased 5.3% over the past year.

FAQ

Frequently asked questions

Is Sedona an affordable city for renters?

Sedona is considered stretched for renters. At $2,499/mo, rent takes approximately 41% of the local median household income ($73,738/yr). The standard benchmark is 30%. Sedona significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Sedona?

To keep rent at or below 30% of gross income, you would need to earn at least $100,000/year (~$48/hour full-time) to afford the median rent of $2,499/mo in Sedona. The local median household income is $73,738/yr, meaning the typical Sedona household falls short of that threshold.

Is rent going up or down in Sedona?

Rent in Sedona has decreased 5.3% over the past year as of August 2026, offering some relief compared to 12 months ago.

Which Sedona neighborhoods have the lowest rent?

The most affordable ZIP codes in Sedona are 86336 ($2,549/mo), and 86351 ($2,583/mo). Citywide, the median rent in Sedona is $2,499/mo.

How does Sedona rent compare to other cities in Arizona?

Sedona is one of the pricier cities in Arizona for rent, ranking #1 out of 49 tracked cities at $2,499/mo.

Which nearby cities are cheaper to rent in than Sedona?

Several nearby cities have lower median rents than Sedona ($2,499/mo): Prescott Valley ($1,779/mo), Cottonwood ($1,880/mo), Flagstaff ($2,226/mo).

What percentage of Sedona residents rent vs. own?

According to Census data, approximately 27.4% of Sedona households are renters, while 72.6% are owner-occupied. Sedona leans toward homeownership, which can mean a smaller rental inventory.

How does Sedona rent compare to the national average?

Sedona's median rent of $2,499/mo is $537 (27%) above the US national median of $1,962/mo. Within Arizona, it ranks #1 out of 49 tracked cities.
Income Affordability
41%
STRETCHED

At $2,499/mo, rent takes ~41% of Sedona's median household income ($73,738/yr). The standard benchmark is 30%.

Sedona 41%Benchmark 30%
State income tax2.5%
Run the Sedona affordability calculator →
Lowest-rent ZIP codes in Sedona
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Sedona, AZ

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