Flowing Wells, 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 Flowing Wells, Arizona rental market.
Flowing Wells, Arizona
Average Apartment Rent
$1,059
Y-o-Y Change in Average
Apartment Rent
-3%
As of May 2026
Compared to a year ago, Flowing Wells, Arizona apartments have recorded a -3% rent decrease.
Flowing Wells, Arizona Average apartment rent trend
Flowing Wells, Arizona Average Apartment Rent
Flowing Wells, Arizona Apartment rent ranges
At 60.69%, apartments priced Under $1,000 represent the bulk of Flowing Wells, Arizona rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 1.9%.
Flowing Wells, Arizona Housing tenure**
Renters take up 29% of Flowing Wells, Arizona real estate, occupying a total of 1,998 units, while homeowners live in 4,953 properties.
Median number of rooms of renter-occupied housing units**
4.3
Renter median household income**
$37,255
Average household size of renter-occupied housing units**
2.92
Rental vacancy rate**
3.1%
Flowing Wells, Arizona Renter-occupied housing units by no. of bedrooms**
There are 988 rentals in Flowing Wells, Arizona with 2 beds making up the highest share of the market, at 49%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 39 units. Overall, the median number of rooms in Flowing Wells, Arizona homes for rent is 4.3.
Flowing Wells, Arizona Renter-occupied units by age of householder**
Most condos for rent in Flowing Wells, Arizona are occupied by residents in the 45 - 54 years age group (23%), followed by those in the 25 - 34 years age group (23%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
Flowing Wells, Arizona Renter-occupied housing units by family type**
Flowing Wells, Arizona Renter-occupied housing units by the presence of own children**
A total of 1,367 apartments for rent in Flowing Wells, Arizona, or 68% of all rentals are family households. Additionally, 50% of rental homes include children under the age of 18 – that’s 1,001 units. All in all, the median size of a renter-occupied household in Flowing Wells, Arizona is 2.92.
Flowing Wells, Arizona Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 16% of the rental market. In contrast, residents with less than a high school degree reside in 15% of the homes for rent in Flowing Wells, Arizona.
Flowing Wells, Arizona Renter-occupied units by year structure built**
The highest share of Flowing Wells, Arizona apartment rentals, namely 22% or 437 units, were Built 1960 - 1969, followed by those Built 1980 - 1989 (19%, 372 units), and the ones Built 1970 - 1979 (16%, 322 units).
Flowing Wells, Arizona Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Flowing Wells, Arizona renters (52%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Flowing Wells, Arizona condos for rent is 2018.
Flowing Wells, Arizona Renter-occupied housing units by vehicles available**
When it comes to transportation options, 44% of Flowing Wells, Arizona renters have 1 vehicle available per household, 22% of them have 2 vehicles available, and 18% have No vehicle available.
Flowing Wells, Arizona Means of transportation to work of householders living in renter-occupied housing units**
Flowing Wells, 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 Flowing Wells, 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
