Average Rent in Sierra Vista, AZ↑ Rents rising 12.6% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 125,458
Market Overview
Sierra Vista, AZ has rental prices ranging from $854/month to $2,017/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,085/month — 22% below the national average of $1,400/month. With a median household income of $58,970/year, spending $1,085/month on a 1-bedroom represents 22% of gross income — within the recommended 30% threshold.
How Sierra Vista Compares
With an average 2-bedroom rent of $1,201/month, Sierra Vista ranks #10 most expensive of the 15 cities tracked in Arizona — pricier than 82% of all US cities in our data.
The Sierra Vista Rental Market
The Sierra Vista, AZ area has a population of about 125,458 and 30% of households renting rather than owning. That is close to the US average renter share of ~34%.
Rent Trends
2-bedroom rents in Sierra Vista, AZ have risen by $134/month (12.6%) over the past year, from $1,067 to $1,201. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.
Affordability
To afford a 1-bedroom apartment in Sierra Vista, AZ without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $43,400. The local median household income of $58,970 exceeds that threshold by $15,570, making Sierra Vista relatively accessible compared to local wages.
Rent vs. Buy
The median home value in Sierra Vista, AZ is $302,590, giving a price-to-rent ratio of 21.0. With a break-even horizon of approximately 21 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.
Fair Market Rents
HUD FY2025Is Sierra Vista, AZ Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in AZlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Phoenix | $1,530 | $1,679 | $1,950 | $2,624 | — |
| Tucson | $941 | $1,052 | $1,373 | $1,924 | — |
| Prescott Valley | $1,101 | $1,293 | $1,606 | $2,216 | — |
| Prescott | $733 | $894 | $1,103 | $1,537 | — |
| Lake Havasu City | $1,051 | $1,051 | $1,357 | $1,883 | — |
| Yuma | $1,043 | $1,050 | $1,377 | $1,877 | — |
Rent or Buy in Sierra Vista?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Sierra Vista data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Mortgage Calculator
Estimate monthly payment for $302,590 home at 7% rate
Living in Sierra Vista
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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⚖️Rent vs Buy in Sierra VistaIs it cheaper to rent or buy here?
💵Rent Affordability in Sierra VistaSalary needed to afford rent here
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