Elevation Luxury Apartments
5000 N Mall Way,
Flagstaff, AZ 86004
1-3 Beds | $1,745 - $2,357
Rental Market Trends in Flagstaff, AZ
What is the average rent in Flagstaff, AZ?
$1,662/month
Average Rent
646 Sq Ft
Average Apartment Size
-5.8%
Decrease in the Last Year
As of February 2025, the average rent in Flagstaff, AZ is $1,662 per month. For comparison, the national average rent price in the US is currently $1,556/month, which means Flagstaff rent prices are 7% higher than the national average. When you rent an apartment in Flagstaff, you can expect to pay about $1,322 per month for a studio, $1,662 for a one-bedroom apartment, and around $1,989 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,517 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Flagstaff, AZ?
In the past year, rent has decreased by 5.8%, which averages out to $96 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated February 2025
Legend
2024
2025
Rent Ranges in Flagstaff, AZ
Last Updated February 2025
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
2%
Below $700/month
7%
$700 - $1,000/month
17%
$1,001 - $1,500/month
45%
$1,501 - $2,000/month
29%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Flagstaff?
Based on current rent prices, Sunnyside, Woodlands Village and Flagstaff are the most affordable neighborhoods in Flagstaff.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Flagstaff?
Based on current rent prices, South Side, Hospital Hill and Flagstaff are the most expensive neighborhoods in Flagstaff.
Neighborhood
Average Rent
Average Sq Ft
Which Flagstaff neighborhoods have the most rentals available?
The neighborhoods in Flagstaff with the most apartments available are Flagstaff, Woodlands Village and Hospital Hill .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Flagstaff, AZ?
Because the average rent in Flagstaff is $1,662, you’ll want to make about $5,540 per month or $66,480 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Flagstaff, AZ is 19.6% higher than the national average. Generally, housing in Flagstaff is 45.0% more expensive than the national average, with rent falling between $1,322 - $2,517. You can expect to pay 1.8% more for groceries, 13.0% less for utilities, and 15.9% more for transportation.
How does Flagstaff, AZ compare to other nearby cities and neighborhoods?
Use the tool below to compare Flagstaff, AZ to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
$1,337/month
One Bedroom
-
$2,115/month
Two Bedroom
-
$2,786/month
Three Bedroom
-
-
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Mack Real Estate Group, LLC
-
15
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Avenue5 Residential
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515
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RangeWater
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.