RentData

Average Rent in Graham County, AZ↓ Rents falling 6.8% YoY

HUD FY2027 · Official government data · Updated annually · Metro pop. 38,860

Data review: HUD FY2027Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Graham County, AZ has rental prices ranging from $807/month to $1,937/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $894/month — 36% below the national average of $1,400/month. With a median household income of $67,326/year, spending $894/month on a 1-bedroom represents 16% of gross income — within the recommended 30% threshold.

How Graham County Compares

With an average 2-bedroom rent of $1,159/month, Graham County ranks #9 most expensive of the 15 cities tracked in Arizona — pricier than 71% of all US cities in our data.

The Graham County Rental Market

The Graham County, AZ area has a population of about 38,860 and 27% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Graham County, AZ have fallen by $85/month (6.8%) over the past year, from $1,244 to $1,159. This slight decline is consistent with broader market corrections seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Graham County, AZ without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $35,760. The local median household income of $67,326 exceeds that threshold by $31,566, making Graham County relatively accessible compared to local wages.

Economy & Jobs

Graham County, AZ has an unemployment rate of 5.2%, 1.3 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.

Fair Market Rents

HUD FY2027
Studio
$807
Affordable
1 Bedroom
$894
Affordable
2 Bedrooms
$1,159
↓6.8% YoY
Affordable
3 Bedrooms
$1,503
Affordable
4 Bedrooms
$1,937
Average
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Is Graham County, AZ Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$46,360/year
Local median income: $67,326
To buy a median home
—/year
US national median: $75,000
💡 Based on a 2BR rent of $1,159/month and 20% down on a — home at 7% rate.

Nearby Cities in AZlargest metros in the state

CityStudio1BR2BR3BRHome Value
Phoenix$1,390$1,493$1,734$2,287—
Tucson$978$1,092$1,405$1,946—
Prescott Valley$1,079$1,242$1,550$2,146—
Prescott$733$894$1,103$1,537—
Lake Havasu City$953$959$1,229$1,708—
Yuma$942$948$1,244$1,703—

Rent or Buy in Graham County?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Graham County data

$
Home Value
$350,000
2BR Rent
$1,159/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $2,577/movs rent: $1,159/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Graham County

Cost of living, job market, crime rates, and moving cost estimates.

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Frequently Asked Questions

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🏘️Neighborhoods in Graham County

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💵Rent Affordability in Graham County

Salary needed to afford rent here

🗺️All Cities in AZ

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📋AZ Tenant Rights

Deposit limits, eviction laws & renters protections