Arizona is where the beauty of nature and the richness of culture collide. From the majestic red rocks of Sedona to the vibrant streets of Phoenix, Arizona is a state like no other. Explore its diverse cultural offerings by visiting historical landmarks such as the Heard Museum and the Pueblo Grande Museum & Archaeological Park. And for those seeking higher education, this is the place for renowned universities like Arizona State University and the University of Arizona, one of the largest research universities in the United States. In addition, Arizona's economy is ever-growing thanks to the industries of technology, tourism, and agriculture.

Adventure seekers and sports enthusiasts will find no shortage of activities in Arizona. Explore the Grand Canyon, go for a hike in the many scenic state parks, cheer on the Arizona Cardinal (NFL), Arizona Coyotes (NHL), Arizona Diamondbacks (MLB), and Phoenix Suns (NBA), or watch exciting college sports games at the state's universities. In addition, appreciate famous attractions like the Saguaro National Park, the Petrified Forest National Park, and the historic city of Tombstone.

A desert oasis of adventure and discovery, Arizona is a great place to call home for those seeking an exciting and relaxing lifestyle.

Rental Market Trends

Payson, AZ

As of August 2025, Payson's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Payson's average rent is 0.7% ($12) lower than the Arizona average of $1,657 and 8.1% ($145) lower than the U.S. average of $1,790.

Average Rent

$1,645

Monthly ChangeMonth Over Month Change

2.5% ($42)

Yearly ChangeYear Over Year Change

25.9% ($338)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,217	9.4% ($127)	2.9% ($34)
2 Beds	$1,434	9.8% ($155)	5.6% ($76)
3 Beds	$1,945	9.1% ($195)	10.5% ($185)

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Payson Rental Market FAQs

Explore rental prices, market trends, and availability in Payson, AZ.

What is the average rent in Payson, AZ?

The average rent in Payson, AZ is $1,645 per month.

What is the rental price range for apartments in Payson, AZ?

Apartments in Payson typically rent for between $852 and $2,529 per month, with an average of $1,645 per month.

What is the average rent for different bedroom sizes in Payson, AZ?

In Payson, the average rent for a 1-bedroom apartment is $1,217 per month, for a 2-bedroom apartment, $1,434 per month, and a 3-bedroom apartment is $1,945 per month.

How do rent prices in Payson, AZ compare with the national average?

The average rent in Payson is 8.1% ($145) lower than the national average of $1,790 per month.

How have rent prices in Payson, AZ changed recently?

The average rent in Payson has decreased by 2.5% ($42) in the last month and increased by 25.9% ($338) over the past year.

How competitive is the rental market in Payson, AZ?

The rental market in Payson, AZ, is currently stable, offering a predictable rental market where most units lease within a few weeks.

How long do rentals stay on the market in Payson, AZ?

In Payson, AZ, the average rental stays on the market for approximately 41 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Payson, AZ?

There are currently 6 rental properties available in Payson, AZ.

Can I afford to rent an apartment in Payson, AZ?

Based on the current averages, a household would need an annual income of $57,360 to comfortably afford a 2-bedroom apartment in Payson.