Sun Lakes, 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 Sun Lakes, Arizona rental market.
Sun Lakes, Arizona
Average Apartment Rent
$1,673
Y-o-Y Change in Average
Apartment Rent
-4.2%
As of March 2026
Compared to a year ago, Sun Lakes, Arizona apartments have recorded a -4.2% rent decrease.
Sun Lakes, Arizona Average apartment rent trend
Sun Lakes, Arizona Average Apartment Rent
Sun Lakes, Arizona Apartment rent ranges
At 33.33%, apartments priced $1,500 - $2,000 represent the bulk of Sun Lakes, Arizona rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 1.96%.
Sun Lakes, Arizona Housing tenure**
Renters take up 12% of Sun Lakes, Arizona real estate, occupying a total of 1,036 units, while homeowners live in 7,641 properties.
Median number of rooms of renter-occupied housing units**
4
Renter median household income**
$47,188
Average household size of renter-occupied housing units**
1.31
Rental vacancy rate**
13.3%
Sun Lakes, Arizona Renter-occupied housing units by no. of bedrooms**
There are 642 rentals in Sun Lakes, Arizona with 2 beds making up the highest share of the market, at 62%. Units with No bedrooms, on the other hand, hold the lowest percentage (1%), amounting to 8 units. Overall, the median number of rooms in Sun Lakes, Arizona homes for rent is 4.
Sun Lakes, Arizona Renter-occupied units by age of householder**
Most condos for rent in Sun Lakes, Arizona are occupied by residents in the 75 - 84 years age group (39%), followed by those in the 85 years and over age group (28%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 1%.
Sun Lakes, Arizona Renter-occupied housing units by family type**
Sun Lakes, Arizona Renter-occupied housing units by the presence of own children**
Sun Lakes, Arizona Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 44% of the rental market. In contrast, residents with less than a high school degree reside in 4% of the homes for rent in Sun Lakes, Arizona.
Sun Lakes, Arizona Renter-occupied units by year structure built**
The highest share of Sun Lakes, Arizona apartment rentals, namely 32% or 327 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (21%, 221 units), and the ones Built 2000 - 2009 (21%, 213 units).
Sun Lakes, Arizona Renter-occupied units by year householder moved in**
Median year renter moved into unit 2015
Most Sun Lakes, Arizona renters (55%) moved in 2010 to 2017, while only 3% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Sun Lakes, Arizona condos for rent is 2015.
Sun Lakes, Arizona Renter-occupied housing units by vehicles available**
When it comes to transportation options, 65% of Sun Lakes, Arizona renters have 1 vehicle available per household, 20% of them have No vehicle available, and 14% have 2 vehicles available.
Sun Lakes, Arizona Means of transportation to work of householders living in renter-occupied housing units**
Sun Lakes, 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 Sun Lakes, 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
