Fountain Hills, Arizona Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Fountain Hills, Arizona rental market.
Fountain Hills, Arizona
Average Apartment Rent
$1,940
Y-o-Y Change in Average
Apartment Rent
3%
As of March 2026
Compared to a year ago, Fountain Hills, Arizona apartments have recorded a 3% rent increase.
Fountain Hills, Arizona Average apartment rent trend
Fountain Hills, Arizona Average Apartment Rent
Fountain Hills, Arizona Apartment rent ranges
At 56.55%, apartments priced $1,500 - $2,000 represent the bulk of Fountain Hills, Arizona rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.74%.
Fountain Hills, Arizona Housing tenure**
Renters take up 15% of Fountain Hills, Arizona real estate, occupying a total of 1,676 units, while homeowners live in 9,416 properties.
Median number of rooms of renter-occupied housing units**
4.9
Renter median household income**
$56,818
Average household size of renter-occupied housing units**
1.94
Rental vacancy rate**
3%
Fountain Hills, Arizona Renter-occupied housing units by no. of bedrooms**
There are 916 rentals in Fountain Hills, Arizona with 2 beds making up the highest share of the market, at 55%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 15 units. Overall, the median number of rooms in Fountain Hills, Arizona homes for rent is 4.9.
Fountain Hills, Arizona Renter-occupied units by age of householder**
Most condos for rent in Fountain Hills, Arizona are occupied by residents in the 45 - 54 years age group (18%), followed by those in the 25 - 34 years age group (16%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 1%.
Fountain Hills, Arizona Renter-occupied housing units by family type**
Fountain Hills, Arizona Renter-occupied housing units by the presence of own children**
A total of 806 apartments for rent in Fountain Hills, Arizona, or 48% of all rentals are family households. Additionally, 23% of rental homes include children under the age of 18 – that’s 388 units. All in all, the median size of a renter-occupied household in Fountain Hills, Arizona is 1.94.
Fountain Hills, Arizona Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 48% of the rental market. In contrast, residents with less than a high school degree reside in 1% of the homes for rent in Fountain Hills, Arizona.
Fountain Hills, Arizona Renter-occupied units by year structure built**
The highest share of Fountain Hills, Arizona apartment rentals, namely 39% or 655 units, were Built 1990 - 1999, followed by those Built 1980 - 1989 (24%, 401 units), and the ones Built 2000 - 2009 (16%, 262 units).
Fountain Hills, Arizona Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Fountain Hills, Arizona renters (44%) moved in 2010 to 2017, while only 5% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Fountain Hills, Arizona condos for rent is 2016.
Fountain Hills, Arizona Renter-occupied housing units by vehicles available**
When it comes to transportation options, 55% of Fountain Hills, Arizona renters have 1 vehicle available per household, 25% of them have 2 vehicles available, and 7% have No vehicle available.
Fountain Hills, Arizona Means of transportation to work of householders living in renter-occupied housing units**
Fountain Hills, Arizona Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Fountain Hills, Arizona apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
