Mesa, AZ Rental Market Trends

Highlights

The average rent for an apartment in Mesa is $910, a 6% increase compared to the previous year, when the average rent was $861.

Studio apartments in Mesa rent for $694 a month, while 1-bedroom apartments ask on average $821 a month; the average rent for a 2-bedroom apartment is $989.

Average Rent in Mesa, AZ

Last updated Jun 2018

	All rentals	Studio	1 Bed	2 Beds	3 Beds
Average Rent	$910	$694	$821	$989	$1,316
Y-o-Y Change	6%	8%	6%	6%	5%
Average Apartment Size	834 sq. ft.	460 sq. ft.	675 sq. ft.	981 sq. ft.	1,214 sq. ft.

The average size for a Mesa apartment is 834 square feet, but this number varies greatly depending on apartment type. A studio averages 460 sq. ft., while a one-bedroom apartment offers a more generous square footage: 675. 2-bedroom apartments in Mesa have an average size of 981 sq. ft.

Mesa, AZ Apartment Rent Ranges

$501-$70053%
$701-$1,00047%

Mesa, AZ Rent Trends

Average Rent All rentals		Studio	1 Bed	2 Beds	3 Beds
Jun / 2018	$910	$694	$821	$989	$1,316
Sept / 2017	$895	$665	$807	$976	$1,317
May / 2017	$901	$663	$813	$982	$1,297
Jan / 2017	$861	$644	$778	$936	$1,248
Sept / 2016	$862	$635	$773	$944	$1,250
May / 2016	$851	$618	$763	$935	$1,214
Jan / 2016	$805	$601	$729	$877	$1,161
Sept / 2015	$786	$576	$713	$857	$1,145
May / 2015	$766	$568	$690	$841	$1,074
Jan / 2015	$730	$565	$663	$793	$1,042

Average Rent in Mesa, AZ By Neighborhood

Parkwood Ranch

$1,056

Meadowgreen

$969

Fountain of the Sun

$945

Leisure World

$941

Rancho del Mar

$915

Sherwood

$895

Powell Estates

$892

Mesa Grande

$870

Arboleda

$866

Dobson Ranch

$861

Alta Mesa

$798

Average Rent
Neighborhood	All rentals	Studio	1 Bed	2 Beds	3 Beds
Alta Mesa	$798	$975	$680	$926	$1,400
Dobson Ranch	$861	$711	$804	$921	$1,147
Arboleda	$866	$910	$745	$952	$1,399
Mesa Grande	$870	$652	$799	$996	$1,398
Powell Estates	$892	$715	$813	$966	$1,294
Sherwood	$895	$680	$824	$950	$1,044
Rancho del Mar	$915	$736	$821	$1,014	$1,368
Leisure World	$941	$975	$834	$1,004	$1,397
Fountain of the Sun	$945	$660	$841	$1,007	$1,215
Meadowgreen	$969	$655	$879	$1,013	$1,384
Parkwood Ranch	$1,056	$660	$894	$1,139	$1,330

The most affordable neighborhoods in Mesa are Alta Mesa, where the average rent goes for $798/month, Dobson Ranch, where renters pay $861/mo on average, and Arboleda, where the average rent goes for $866/mo. If you’re looking for other great deals, check out the listings from Mesa Grande ($870), Powell Estates ($892), and Sherwood ($895), where the asking prices are below the average Mesa rent of $910/mo.

The most expensive neighborhoods in Mesa are Fountain of the Sun ($945), Meadowgreen ($969) and Parkwood Ranch ($1,056).

Mesa | Rent Comparison by Neighborhood

Rent in Alta Mesa is 8% lower than in Arboleda

$798

Alta Mesa rent is 12% lower than Mesa average

All rentals	$798
Studio	$975
1 Bed	$680
2 Beds	$926
3 Beds	$1,400

$866

Arboleda rent is 5% lower than Mesa average

All rentals	$866
Studio	$910
1 Bed	$745
2 Beds	$952
3 Beds	$1,399

How Does Mesa Compare to Nearby Cities

	Average Rent	Y-o-Y Change
Phoenix	$922	2%
Mesa	$910	6%
Tempe	$1,139	-5%
Glendale	$861	5%
Surprise	$1,082	6%
Scottsdale	$1,264	-2%
Buckeye	$1,102	1%
Chandler	$1,137	4%
Peoria	$1,058	7%
Avondale	$990	4%
Gilbert	$1,092	1%

For more information about the Mesa rental trends, check out our monthly rent report

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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 Mesa 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.