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ZIP Code · AZ

ZIP 86406

Pop. 25,067·Mohave County·55th most expensive ZIP in Arizona
Median rent (all units)
$1,963/mo
Year-over-Year
+25.4%
Month-over-Month
+2.5%
vs US Median
-$2
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 86406 · $1,963
More expensive than 58% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,270
1 BR
$1,270
2 BR
$1,640
3 BR
$2,280
4 BR+
$2,510
Research median
$1,640/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$23,556/yr
At $1,963/mo median
Location
StateAZ
CountyMohave County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 25.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+25.4% YoY, +2.5% MoM), not inventory.
Demographics

Who lives here

ZIP 86406 (Lake Havasu City, AZ) is majority owner-occupied, has a large retiree population, 18.3% of residents hold a bachelor's degree or higher.

Population
25,067
Median income
$77,506
Median age
58.3
Renters
22.4%
Age distribution
14.3%
12.7%
18.9%
16.7%
37.4%
Under 1814.3%
18–3412.7%
35–5418.9%
55–6416.7%
65+37.4%
Gender
50.4%
49.6%
Male50.4%
Female49.6%
Race & ethnicity
83.3%
13.8%
White83.3%
Black0.6%
Hispanic13.8%
Asian0.7%
Other1.7%
Education (25+)
35.3%
39.4%
18.3%
No HS diploma6.9%
HS diploma35.3%
Some college39.4%
Bachelor's+18.3%
Housing tenure
77.6%
22.4%
Owner77.6%
Renter22.4%

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

2021 vs 2026

How ZIP 86406 in Lake Havasu City, AZ has changed in 5 years

Income
$66,298 → $77,506
up 16.9%
Population
24,050 → 25,067
up 4.2%
Renter share
23% → 22.4%
-0.6 pts
Bachelor's+
19.3% → 18.3%
-1.0 pts
Median age
57.3 → 58.3
+1.0 yrs

Local incomes tracked alongside that move, going from a median of $66,298 in 2021 to $77,506 more recently. Census counts show ZIP 86406 in Lake Havasu City, AZ adding about 1,017 residents over the five-year window, up 4.2% on net.

Community

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Local insights

Tips for renters in ZIP 86406

About renting in ZIP 86406

Last updated: July 20, 2026

ZIP code 86406 covers Lake Havasu City, AZ. The median rent here is $1,963/mo as of July 2026. A 1-bedroom rents for a median of $1,270/mo. A 2-bedroom rents for a median of $1,640/mo.

At 30% of local median household income ($77,506/yr), ZIP 86406 ranks as moderate compared to the national benchmark of 30%. Rents have increased 25.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 86406?

As of July 20, 2026, the median monthly rent in ZIP 86406 (Lake Havasu City, AZ) is $1,963. This is based on aggregated data from public sources and community submissions.

How does ZIP 86406 rent compare to the US average?

ZIP 86406's median rent of $1,963/mo is $2 (0%) below the US national median of $1,965/mo.

How does ZIP 86406 compare to other ZIPs in Arizona?

ZIP 86406 is one of the pricier ZIP codes in Arizona, ranking #55 out of 185 ZIPs tracked at $1,963/mo.

How much income do you need to rent in ZIP 86406?

To keep rent at or below 30% of gross income, you would need to earn at least $79,000/year (~$38/hour full-time) to afford the median rent of $1,963/mo in ZIP 86406. The local median household income is $77,506/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 86406?

Rent in ZIP 86406 has increased 25.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 86406 an affordable place to rent?

ZIP 86406 is considered moderate for renters. At $1,963/mo, rent takes approximately 30% of the local median household income ($77,506/yr). The standard benchmark is 30%. ZIP 86406 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 86406 residents rent vs. own?

According to Census data, approximately 22.4% of ZIP 86406 households are renters, while 77.6% are owner-occupied. ZIP 86406 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 86406 compare to the rest of Lake Havasu City?

ZIP 86406 is pricier than Lake Havasu City as a whole. At $1,963/mo, it's $210 above the Lake Havasu City citywide median of $1,753/mo.

When was rent data for ZIP 86406 last updated?

Rent data for ZIP 86406 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
30%
MODERATE

At $1,963/mo, rent takes ~30% of ZIP 86406's median household income ($77,506/yr). The standard benchmark is 30%.

ZIP 86406 30%Benchmark 30%
State income tax2.5%
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Schools nearby

Public schools near ZIP 86406 (Lake Havasu City, AZ)

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