Mesa, 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 Mesa, Arizona rental market.
Mesa, Arizona
Average Apartment Rent
$1,462
Y-o-Y Change in Average
Apartment Rent
-2.7%
As of May 2026
Compared to a year ago, Mesa, Arizona apartments have recorded a -2.7% rent decrease.
Mesa, Arizona Average apartment rent trend
Mesa, Arizona Average Apartment Rent
Mesa, Arizona Apartment rent ranges
At 56.28%, apartments priced $1,000 - $1,500 represent the bulk of Mesa, Arizona rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.24%.
Mesa, Arizona Housing tenure**
Renters take up 37% of Mesa, Arizona real estate, occupying a total of 71,217 units, while homeowners live in 122,099 properties.
Median number of rooms of renter-occupied housing units**
4
Renter median household income**
$52,933
Average household size of renter-occupied housing units**
2.52
Rental vacancy rate**
5.2%
Mesa, Arizona Renter-occupied housing units by no. of bedrooms**
There are 30,467 rentals in Mesa, Arizona with 2 beds making up the highest share of the market, at 43%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 799 units. Overall, the median number of rooms in Mesa, Arizona homes for rent is 4.
Mesa, Arizona Renter-occupied units by age of householder**
Most condos for rent in Mesa, Arizona are occupied by residents in the 25 - 34 years age group (29%), followed by those in the 35 - 44 years age group (20%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.
Mesa, Arizona Renter-occupied housing units by family type**
Mesa, Arizona Renter-occupied housing units by the presence of own children**
A total of 39,281 apartments for rent in Mesa, Arizona, or 55% of all rentals are family households. Additionally, 34% of rental homes include children under the age of 18 – that’s 24,451 units. All in all, the median size of a renter-occupied household in Mesa, Arizona is 2.52.
Mesa, Arizona Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 22% of the rental market. In contrast, residents with less than a high school degree reside in 11% of the homes for rent in Mesa, Arizona.
Mesa, Arizona Renter-occupied units by year structure built**
The highest share of Mesa, Arizona apartment rentals, namely 28% or 20,046 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (20%, 13,951 units), and the ones Built 1990 - 1999 (19%, 13,807 units).
Mesa, Arizona Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Mesa, Arizona renters (42%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Mesa, Arizona condos for rent is 2018.
Mesa, Arizona Renter-occupied housing units by vehicles available**
When it comes to transportation options, 45% of Mesa, Arizona renters have 1 vehicle available per household, 32% of them have 2 vehicles available, and 11% have No vehicle available.
Mesa, Arizona Means of transportation to work of householders living in renter-occupied housing units**
Mesa, 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 Mesa, 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
