Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Cave Creek, AZ Rental Market Trends
What is the average rent in Cave Creek?
The average rent for an apartment in Cave Creek is $1,983. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Cave Creek, AZ
Last updated May 2022
| Average Rent | Average Apartment Size |
|---|---|
| $1,983 | 875 sq. ft. |
What is the average apartment size in Cave Creek?
The average size for a Cave Creek, AZ apartment is 875 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Cave Creek, AZ Apartment Rent Ranges
Cave Creek, AZ Occupied Housing Units
745 or 24% of the households in Cave Creek, AZ are renter-occupied while 2,245 or 75% are owner-occupied.
Cave Creek, AZ Rent Trends
| Average Rent | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | May / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cave Creek, AZ | $1,353 | $1,371 | $1,423 | $1,490 | $1,346 | $1,498 | $1,477 | $1,613 | $1,917 | $1,983 |
| National | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
How Cave Creek Compares to Other Cities
| City | Average Rent |
|---|---|
| Phoenix | $1,547 |
| Glendale | $1,439 |
| Mesa | $1,529 |
| Tucson | $1,200 |
| Chandler | $1,831 |
| Peoria | $1,696 |
| Gilbert | $1,843 |
| Surprise | $1,862 |
| Tempe | $1,868 |
| Buckeye | $1,811 |
| Avondale | $1,673 |
| Goodyear | $1,817 |
| Scottsdale | $2,138 |
| Queen Creek | $2,032 |
| Tolleson | $1,573 |
| Apache Junction | $765 |
| Cave Creek | $1,983 |
Most Popular Apartments in Cave Creek
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 Cave Creek 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.