3225 Sheik Dr
3225 Sheik Dr,
Lake Havasu City, AZ 86404
3 Beds | $3,100
Rental Market Trends in Lake Havasu City, AZ
What is the average rent in Lake Havasu City, AZ?
$609/month
Average Rent
533 Sq Ft
Average Apartment Size
+1.9%
Increase in the Last Year
As of November 2024, the average rent in Lake Havasu City, AZ is $609 per month. This is 61% lower than the national average rent of $1,559/month, making renting in Lake Havasu City more affordable than most cities in the US. When you rent an apartment in Lake Havasu City, you can expect to pay about $682 per month for a studio, $609 for a one-bedroom apartment, and around $901 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $928 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 Lake Havasu City, AZ?
In the past year, rent has increased by 1.9%, which averages out to $12 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated November 2024
Legend
2023
2024
Rent Ranges in Lake Havasu City, AZ
Last Updated November 2024
Below $701
Most rental prices fall within this range
Percentage*
Rent Range
83%
Below $700/month
0%
$700 - $1,000/month
17%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Lake Havasu City?
Based on current rent prices, Prescott & Sedona is the most affordable neighborhood in Lake Havasu City.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Lake Havasu City?
Based on current rent prices, Prescott & Sedona is the most expensive neighborhood in Lake Havasu City.
Neighborhood
Average Rent
Average Sq Ft
Which Lake Havasu City neighborhoods have the most rentals available?
The neighborhood in Lake Havasu City with the most apartments available is Prescott & Sedona .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Lake Havasu City, AZ?
Because the average rent in Lake Havasu City is $609, you’ll want to make about $2,030 per month or $24,360 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.
How does Lake Havasu City, AZ compare to other nearby cities and neighborhoods?
Use the tool below to compare Lake Havasu City, 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
$1,028/month
$1,028/month
One Bedroom
$1,294/month
$1,294/month
Two Bedroom
$1,496/month
$1,496/month
Three Bedroom
$1,804/month
$1,804/month
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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.