RentData

Average Rent in Santa Cruz County, AZ Rents rising 9.0% YoY🔻 2nd cheapest in AZ

HUD FY2025 · Official government data · Updated annually · Metro pop. 48,209

Data review: HUD FY2025Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Santa Cruz County, AZ has rental prices ranging from $764/month to $1,570/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $849/month — 39% below the national average of $1,400/month. With a median household income of $53,614/year, spending $849/month on a 1-bedroom represents 19% of gross income — within the recommended 30% threshold.

How Santa Cruz County Compares

With an average 2-bedroom rent of $1,114/month, Santa Cruz County ranks #14 most expensive of the 15 cities tracked in Arizona — pricier than 76% of all US cities in our data.

The Santa Cruz County Rental Market

The Santa Cruz County, AZ area has a population of about 48,209 and 32% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Santa Cruz County, AZ have risen by $92/month (9.0%) over the past year, from $1,022 to $1,114. 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 Santa Cruz County, AZ without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $33,960. The local median household income of $53,614 exceeds that threshold by $19,654, making Santa Cruz County relatively accessible compared to local wages.

Economy & Jobs

Santa Cruz County, AZ has an unemployment rate of 8.7%, 4.8 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 FY2025
Studio
$764
Affordable
1 Bedroom
$849
Affordable
2 Bedrooms
$1,114
9.0% YoY
Affordable
3 Bedrooms
$1,561
Average
4 Bedrooms
$1,570
Average
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Is Santa Cruz 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
$44,560/year
Local median income: $53,614
To buy a median home
/year
US national median: $75,000
💡 Based on a 2BR rent of $1,114/month and 20% down on a home at 7% rate.

Nearby Cities in AZlargest metros in the state

CityStudio1BR2BR3BRHome 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 Santa Cruz County?

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

Should I Rent or Buy?

Break-even analysis using real Santa Cruz County data

$
Home Value
$350,000
2BR Rent
$1,114/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 2 years — worth it if you stay 2+ years.

Total monthly buy cost: $2,577/movs rent: $1,114/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Santa Cruz 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 Santa Cruz County

Compare rent & home prices by neighborhood

💵Rent Affordability in Santa Cruz County

Salary needed to afford rent here

🗺️All Cities in AZ

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⚖️Compare Santa Cruz County

Side-by-side rent & cost of living with any city

📋AZ Tenant Rights

Deposit limits, eviction laws & renters protections