Homes for Rent in Payson, AZ

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What to Know About

Life in Payson & Beyond

Payson shares many of the great qualities that make Arizona a desirable place to live.

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 March 2026, Payson's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Payson's average rent is 4.4% ($73) higher than the Arizona average of $1,672 and 1.4% ($24) lower than the U.S. average of $1,769.

Average Rent
$1,745
Monthly ChangeMonth Over Month Change
Increased0.9% ($16)
Yearly ChangeYear Over Year Change
Increased24.3% ($341)
Avg. Days on MarketAverage Days on Market
41
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,387 Decreased1.4% ($19) Increased12.6% ($155)
2 Beds $1,704 Decreased0.9% ($15) Increased19.2% ($275)
3 Beds $2,257 Increased1.4% ($31) Increased24.3% ($441)
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.

The average rent in Payson, AZ is $1,745 per month.
Homes in Payson typically rent for between $971 and $2,934 per month, with an average of $1,745 per month.
In Payson, the average rent for a 1-bedroom home is $1,387 per month, for a 2-bedroom home, $1,704 per month, and a 3-bedroom home is $2,257 per month.
The average rent in Payson is 1.4% ($24) lower than the national average of $1,769 per month.
The average rent in Payson has increased by 0.9% ($16) in the last month and increased by 24.3% ($341) over the past year.
The rental market in Payson, AZ, is currently stable, offering a predictable rental market where most units lease within a few weeks.
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.
There are currently 12 rental properties available in Payson, AZ.
Based on the current averages, a household would need an annual income of $68,160 to comfortably afford a 2-bedroom home in Payson.
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