Mesa, AZ Rental Market
Mesa is the third-largest city in Arizona and a key anchor of the East Valley, home to Boeing's major maintenance and training facilities, a growing technology sector along the Price Road Corridor, and Mesa Community College. Its mix of affordable single-family neighborhoods, proximity to Tempe and Chandler tech employers, and the expanding light rail system make Mesa a consistently in-demand rental market that appeals to a wide cross-section of tenants.
Get a rent estimate for an address in MesaAverage Rent in Mesa, AZ
$1,480
per month · 2026-06
Market Score
Key Facts — Mesa, AZ Rental Market
- Average rent in Mesa, AZ:$1,480/mo
- Median rent:$1,362/mo
- Rent range:$750 – $3,250/mo
- Most common rental (2 bedrooms):$1,300/mo
- Active listings:2,200
- Avg days to lease:27 days
- Year-over-year change:+3.0%
- Median home value:$300,000
- Est. gross annual yield:5.9%
- Data as of:2026-06
Rent by Bedroom in Mesa, AZ
Average monthly rent for each bedroom type based on current active listings in Mesa.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $1,075/mo |
2 Bedrooms | $1,300/mo |
3 Bedrooms | $1,650/mo |
4 Bedrooms | $2,050/mo |
5 Bedrooms | $2,350/mo |
Mesa Rental Market Statistics
Key indicators from the current Mesa, AZ rental market.
2,200
Available now in Mesa
27
From list to lease
$1.14
Average across listings
1,300 sq ft
Typical rental size
$750 – $3,250
Min to max active listings
+3.0%
Avg rent vs. prior year
Investing in Mesa, AZ Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$300,000
Typical purchase price in Mesa
Est. Gross Annual Yield
5.9%
Before expenses & vacancy
Avg Monthly Income
$1,480
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Mesa for a full cash-flow breakdown including all costs.
Mesa, AZ Rental Market FAQ
Common questions about renting and investing in Mesa, AZ.
What is the average rent in Mesa, AZ?
The average rent in Mesa, AZ is $1,480 per month as of 2026. One-bedroom apartments average $1,075/mo, two-bedrooms average $1,300/mo, and three-bedroom homes average $1,650/mo. West Mesa neighborhoods near downtown and the light rail are gaining momentum, while established areas like Red Mountain and Eastmark offer solid family-oriented rental options.
Is Mesa, AZ a good place to invest in rental property?
Mesa offers a 5.9% estimated gross yield on a $300,000 median home value, providing a balanced combination of cash flow and appreciation potential. Boeing's East Valley facilities, a growing tech presence along the Price Road Corridor, and Mesa Community College create a diverse tenant base. Steady 3.0% year-over-year rent growth and ongoing light rail expansion support long-term value.
How competitive is the Mesa, AZ rental market?
Mesa has over 2,200 active listings and averages 27 days on market — on par with the broader Phoenix metro. Properties near the Valley Metro Rail line, particularly in downtown Mesa and the Fiesta District, move fastest due to commuter demand. East Mesa master-planned communities like Eastmark attract families seeking newer construction and top-rated schools at lower price points than Chandler or Gilbert.
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