Lake Havasu City, AZ cityscape
Markets / Arizona / Lake Havasu City
RENTAL MARKET INTELLIGENCE

Lake Havasu City, AZ

Lake Havasu City suits a selective, income-focused buyer willing to underwrite tenant affordability and flood exposure; buyers dependent on strong local employment or rapid resale should avoid it.

Median price$356k
Median rent$1,553
Gross yield5.2%
Job growth▼ 1.2%
Metro Area · CBSA 2942040 public sourcesChecked nightly
SCORE / 10021RANK #556 / 571
Composite Market ScoreRank #556 of 571 scored US market areas
Direct rental answer

How much is rent in Lake Havasu City, AZ?

Zillow's metro-wide Observed Rent Index is $1,553 per month for 2026-06-30. That is up 2.17% from a year earlier.

Zillow ZORI$1,5532026-06-30

All homes and bedroom counts

Census ACS gross rent$1,091ACS 2024 5-year

Occupied rental units paying rent

HUD 2BR FMR$1,365FY2026 FMR

Two-bedroom standard

These figures are not averaged together. Zillow and Realtor describe asking-rent markets, ACS measures rent paid by surveyed households, and HUD publishes administrative bedroom standards.

Exact county schedules

HUD rent benchmarks inside Lake Havasu City

Every row keeps its own county FIPS schedule. No county is selected as a metro proxy and no synthetic metro FMR is calculated.

FY2026 FMR · FY2026 · monthly gross-rent standards
CountyStudio1 BR2 BR3 BR4 BR
Mohave County, AZFIPS 04015$1,053$1,060$1,365$1,897$2,090
The read

Why this market scores where it does

Lake Havasu City suits a selective, income-focused buyer willing to underwrite tenant affordability and flood exposure; buyers dependent on strong local employment or rapid resale should avoid it. The $1,553 asking rent against a $355,661 home value produces a 5.24% gross yield, before expenses.

Opportunity comes from positive rent and price movement, net migration, and a market that gives buyers room to negotiate. Rent rose 2.17%, net migration was 1,769 households, homes took 53 days to sell, and 31.29% had price drops. These support investigation, but not an assumption of easy cash flow.

Risk is concentrated in weak employment, stretched household economics, and water hazard. Jobs fell 1.18%, rent absorbs 32.31% of median income, and the price-to-income ratio is 6.17. Inland flood is the dominant hazard, so insurance and property-level exposure need verification; those costs are not published.

Frequently Asked Investor Questions

What are the basic acquisition and rent economics?
The median home value is $355,661, median asking rent is $1,553 a month, and gross yield is 5.24% before expenses.
Does migration add households and income?
Tax filings show 7,036 households moved in and 5,267 moved out, for net migration of 1,769; incoming movers averaged $68,151 in income versus $55,845 for outgoing movers, a $12,306 gap.
What is known about climate and insurance exposure?
Inland flood is the dominant hazard and the annual climate loss ratio is 0.1859% of building value; insurance costs are not published.

Investor Quick Takeaways

Gross Yield: 5.2%

Computed from the current Zillow rent and home-value medians.

Rent Momentum: ▲ 2.17%

Zillow ZORI rent growth trend over trailing 12 months.

Investor Activity: 8.5%

Originated investment purchase share (CFPB HMDA).

Climate Exposure: FEMA NRI

Annualized loss ratio evaluated for flood & hurricane risk.

Run Cash-Flow Test for Lake Havasu City
Market pulse

The current market in eight signals

Fast-moving Redfin conditions sit beside the slower fundamentals so a buyer can separate today's negotiating climate from the long-run investment case.

Months of supply4.2 mo.▲ from 3.7 mo. a year ago
Median days on market53 days▲ from 47 days a year ago
Listings with price drops31.3%▼ from 31.3% a year ago
Sale-to-list ratio97.9%2026-05-01
Home value growth▲ 2.0%Zillow ZHVI · trailing 12 months
Rent growth▲ 2.17%Zillow ZORI · trailing 12 months
Gross rental yield5.2%Rent × 12 ÷ price
Payroll job growth▼ 1.2%CES · 12m to 2026-06
Release-to-release evidence

What actually changed

This comparison exists because at least one underlying source period advanced. Rebuilding the same data never creates a new observation.

Published score held steady2121
0 pts

The published component scores did not move in this release.

Weights were unchanged at metro-2026-07-v2-omb2023, so the movement comes from refreshed evidence and percentile ranks.

The named source periods advanced, but the measured values on this page held steady.

Composite breakdown

What each component measures

Weights are published, not hidden, and the arithmetic is shown. Five components, each measured as a national percentile across all tracked metros.

Jobs10Rent trend31Affordability12Supply28Climate safety27
Published arithmeticComponent × weight = points
21
SignalScoreWeightPoints
Job growth1030%3.00
Rent trend3125%7.75
Affordability1215%1.80
Supply pressure2815%4.20
Climate risk2715%4.05
Published score21
Lake Havasu City, AZ scoreRank #556
21
Job growth10/100

Jobs fell 1.18% year over year -> local employment is a demand risk.

Rent trend31/100

Asking rent rose 2.17% and gross yield is 5.24% -> income momentum is positive, but the yield is before expenses.

Affordability12/100

Rent equals 32.31% of median income and price-to-income is 6.17 -> tenant and buyer affordability are constrained.

Supply pressure28/100

A 4.2-month supply, 53 median days on market, and a 31.29% price-drop share -> buyers have room to test seller flexibility.

Climate risk27/100

The annual climate loss ratio is 0.1859%, with inland flood the dominant hazard -> property-level flood and insurance checks are necessary.

The numbers

What this market costs and what it earns

Every derived ratio below recomputes from the same source record used by the article and score.

ZHVI Median Price
$356k
YoY ▲ 2.0%
ZORI Median Rent
$1,553
YoY ▲ 2.17%
Gross Rental Yield
5.2%
Rent × 12 ÷ price
$1,553 × 12 ÷ $355,661
Job Growth (YoY)
▼ 1.2%
CES payrolls
Job signal 10/100
Median Household Income
$58k
Census ACS 5-year
Rent Burden
32.3%
Annual rent ÷ household income
Price-to-Income
6.2x
Median value ÷ household income
HUD 2BR Fair Market Rent
$1,365
Market rent 113.8% of FMR
Historical affordability context

Compare aligned 2019 and 2024 asking-rent and nominal household-income endpoints across the direct-overlap metro set.

Independent rent evidence

One market, several legitimate rent benchmarks

These releases observe different homes and different moments. RentMarker keeps them separate: ZORI remains the scoring baseline, while the other sources test how sensitive the market story is to bedroom mix and measurement method.

Monthly benchmark4 of 4 reported values
Zero-based scale
Monthly rental benchmarksIndependent monthly rent measures shown on a zero-based scale. Missing source values are labelled unavailable and are not inferred.$0$438$875$1,313$1,750Zillow ZORI2026-06-30$1,553HUD 1BR FMRFY2026 FMR$1,060HUD 2BR FMRFY2026 FMR$1,365Census ACS gross rentACS 2024 5-year$1,091Monthly rental benchmarksIndependent monthly rent measures shown on a zero-based scale. Missing source values are labelled unavailable and are not inferred.$0$875$1,750Zillow ZORI2026-06-30$1,553HUD 1BR FMRFY2026 FMR$1,060HUD 2BR FMRFY2026 FMR$1,365ACS gross rentACS 2024 5-year$1,091
The chart compares published levels without averaging them. A longer bar does not mean a source is more accurate; it means that source measures a higher rent under its own definition.
Typical observed market rentZillow ZORI
$1,553Primary RentMarker baseline
2026-06-30

All homes and bedroom counts

A smoothed metro rent index for observed rentals; it is the primary rent used by RentMarker scores and career ratios.

View source release ↗
Fair Market RentHUD 1BR FMR
$1,060−$493 vs ZORI
FY2026 FMR

One-bedroom standard

An administrative gross-rent benchmark used by HUD programs; it is neither a listing median nor a prediction of one lease.

View source release ↗
Fair Market RentHUD 2BR FMR
$1,365−$188 vs ZORI
FY2026 FMR

Two-bedroom standard

An administrative gross-rent benchmark used by HUD programs; it is neither a listing median nor a prediction of one lease.

View source release ↗
Median gross rentCensus ACS gross rent
$1,091−$462 vs ZORI
ACS 2024 5-year

Occupied rental units paying rent

A five-year survey estimate of contract rent plus applicable tenant-paid utilities; it is not a current asking-rent index.

View source release ↗
Take the next step

Keep Lake Havasu City as context, then replace market-wide evidence with the candidate property's facts.

Regional price level

What feels expensive inside Lake Havasu City

BEA compares each category with the United States, which equals 100. This is a 2024 price-level comparison—not annual inflation.

BEA Regional Price Parities · 2024US = 100
Regional price parity categories for Lake Havasu City, AZHorizontal bars compare all-items, housing, goods, utilities and other-services price levels with the United States benchmark of 100.708090100110All items94.1Housing79.8Goods96.2Utilities88.7Other services99.8
Orange extends above the national level; emerald extends below it. The chart does not convert rent or income into purchasing power.
Occupation wage lens

How asking rent sits against major local occupations

Annualized Zillow asking rent is divided by each BLS annual median wage. This is a screening ratio for one wage, not a household budget or affordability verdict.

Six largest published major groupsannual rent ÷ median wage
Annualized asking rent compared with major occupational median wages in Lake Havasu City, AZHorizontal bars show annualized Zillow asking rent as a share of the BLS annual median wage for six major occupational groups with the largest published employment.0%10%20%30%40%50%60%Sales and Related Occupations$35,220 median wage52.9%Office and AdministrativeSupport Occupations$42,270 median wage44.1%Food Preparation and ServingRelated Occupations$34,410 median wage54.2%Transportation and MaterialMoving Occupations$39,330 median wage47.4%Healthcare Practitioners andTechnical Occupations$85,160 median wage21.9%Management Occupations$80,580 median wage23.1%
Sales and Related Occupations$35,220 median wage
52.9%
Office and Administrative Support Occupations$42,270 median wage
44.1%
Food Preparation and Serving Related Occupations$34,410 median wage
54.2%
Transportation and Material Moving Occupations$39,330 median wage
47.4%
Healthcare Practitioners and Technical Occupations$85,160 median wage
21.9%
Management Occupations$80,580 median wage
23.1%
BLS OEWS 2025-05; Zillow rent 2026-06-30. The 30% line is a visible screen, not a RentMarker score or a claim about household costs.
Supply pipeline

What is being built, and for whom

Permits are the 12-to-24 month early warning. The total matters less than the mix: apartments compete with a rental the day they open.

National supply context

Compare this authorization pipeline with asking-rent growth, jobs and for-sale liquidity across the evidence-complete metro set.

Building permits by structure type
units per year · latest year annualised
Download CSV ↓
1,04920191,28820201,55120211,96220222,17220232,49220241,770202578820265+ unit buildingssingle family
788 units authorised in 2026, 0% of them in 5+ unit buildings. This is a single-family building cycle, so the competition is other houses, not new apartments. ✓ recomputed from series
Source: Census Building Permits Survey
Who is arriving, and who is buying

Demand, and the competition for it

Tax filings say how many households moved and what they earn; mortgage disclosures say how many local purchases went to someone who will not live there. Moves between counties inside this metro are netted out of both flow figures.

Net Household Move
+1,769
7,036 in vs 5,267 out (IRS SOI)
▲ 25.1% of arriving households
Mover Income Gap
+$12,306
Arriving $68,151 vs leaving $55,845
Average AGI per tax return (IRS SOI)
Investor Purchase Share
8.5%
288 of 3,394 originated purchase loans
CFPB HMDA 2024
Dominant Hazard
inland flooding
0.186% building value annual loss ratio
FEMA NRI · risk type: water
Compare yield and FEMA exposure →
Households arrive mainly from: Clark County · San Bernardino County · Riverside County · Los Angeles County · Maricopa County
7,036 in − 5,267 out = 1,769 net
Direct market links

Where tax-return households moved from and to

These are the largest flows where both counties map to a RentMarker market area. They are a documented subset of the all-US IRS totals above.

Explore every route
Leading inbound markets
  1. Riverside, CA1,127 arriving
  2. Los Angeles, CA779 arriving
  3. Las Vegas, NV706 arriving
Leading outbound markets
  1. Phoenix, AZ565 leaving
  2. Las Vegas, NV531 leaving
  3. Riverside, CA378 leaving
The other side

What would make this a bad buy

Generated from the same figures with the instruction to argue against the score, and published unedited. A page that only agrees with itself is an advertisement.

Three ways the case breaks

  1. Local employment fell 1.18% year over year, weakening the demand case.
  2. Rent is 32.31% of median income while gross yield is 5.24%, leaving a thin balance between tenant affordability and pre-expense return.
  3. Flood and insurance risk is unresolved: inland flood is the dominant hazard, the annual climate loss ratio is 0.1859%, and insurance costs are not published.
Statistical peers

Market areas that behave like Lake Havasu City

Nearest neighbours on price level, income, yield and job growth — not on geography. Every market page gets a different peer set, which is the point.

Market areaScorePriceRentYieldJob Growth
Lake Havasu City, AZ (Target)21$356k$1,5535.2%▼ 1.2%
Morristown, TN35$304k$1,5156.0%▼ 1.1%
Pueblo, CO38$289k$1,3915.8%▼ 0.9%
Burlington, NC35$299k$1,3395.4%▼ 0.7%
Grants Pass, OR14$396k$1,6274.9%▼ 0.8%
Provenance

Where every figure came from

“Checked nightly” means every source is re-pulled and re-verified each night. It does not mean every source moves nightly — the release column tells you how fresh each number can possibly be.

Dataset SourceMethodRelease PeriodPulled Date
Census ACS 5-year — household income and gross rentdirectACS 2024 5-year2026-08-05
Census ACS 5-year — historical household incomedirectACS 2019 and 2024 5-year2026-08-05
Census ACS 5-year — populationdirectACS 2024 5-year2026-07-26
Apartment List Rent Estimates — recent-lease rent indexdirectApartment List 2026-072026-08-08
Apartment List Time on Market — listing liquiditydirectApartment List 2026-072026-08-08
Apartment List Vacancy Index — rental vacancydirectApartment List 2026-072026-08-08
BEA County Personal Income — income and populationdirect2024 County Personal Income (released 2026-02-05); history 1969-20242026-08-03
BEA Regional Price Parities — metropolitan price levelsdirect2024 Regional Price Parities (released 2026-02-19); history 2008-20242026-08-03
BLS CES — payroll employmentdirectCES SM current2026-07-26
BLS LAUS — resident employmentdirectLAUS current2026-07-26
BLS OEWS — occupation employment and wagesdirectMay 2025 OEWS estimates (released 2026-05-15)2026-08-03
BLS QCEW — county employment and wagesdirectannual county employment and wages 2021-2025; latest 2025 vs 20242026-08-02
OMB/BLS delineation — metro geographydirectOMB July 2023 delineation2026-07-30
Census Building Permits Survey — permitted unitsdirectBPS through 20262026-07-26
Census ACS 5-year — city population, households and housingdirectACS 2024 5-year2026-07-29
Census ACS 5-year — county housing value, tenure and stockdirectACS 2024 5-year2026-07-30
Census ACS 5-year — cities and communitiesdirectACS 2024 5-year2026-07-30
Census ACS five-year — ZCTA housing and incomedirectACS 2024 5-year ZCTA2026-08-08
FEMA National Risk Index — hazard loss ratiosmodelledNRI counties (FEMA ArcGIS)2026-07-26
FHFA House Price Index — annual county appreciationdirectannual county HPI history 1975-2025; latest 20252026-08-02
HMDA / CFPB — purchases by occupancy typedirectHMDA 2024 purchase originations2026-07-26
HUD CHAS — renter burden by HAMFI income banddirectHUD CHAS 2018-2022 ACS 5-year (released 2025-12-23)2026-08-03
HUD Fair Market Rents — Section 8 standarddirectFY2026 FMR2026-07-26
HUD USPS crosswalk and Small Area FMRs — ZIP rent fallbackdirectZIP-CBSA 2025Q4 + SAFMR FY20262026-07-26
HUD-USPS ZIP-to-county residential-address crosswalkdirectHUD-USPS 2026Q12026-08-09
IRS SOI — county migration and mover incomedirectSOI migration 2022-20232026-07-26
Freddie Mac PMMS — mortgage ratesdirectweek of 2026-07-302026-08-06
Census ACS 5-year — effective property taxdirectACS 2024 5-year2026-08-06
Realtor.com Economic Research — county listing inventorydirectcounty inventory 2026-062026-07-28
Realtor.com Rental Report — top-50 asking rentsdirecttop-50 rental asking rents 2026-052026-08-05
Redfin Data Center — inventory, days on market, and price cutsdirectmetro tracker through 2026-05-012026-07-26
Redfin Data Center — ZIP resale activity and supplydirectZIP rolling 3 months through 2026-06-30; updated 2026-07-032026-08-12
USDA ERS — Rural-Urban Continuum CodesdirectUSDA ERS 2023 Rural-Urban Continuum Codes2026-08-02
Zillow ZHVI and ZORI — county values and rentsdirectcounty ZHVI/ZORI 2026-062026-07-26
Zillow ZHVI — metro home valuesdirectMetro_zhvi_uc_sfrcondo_tier_0.33_0.67_sm_sa_month.csv2026-07-26
Zillow ZHVI — city home valuesdirectzillow_zhvi_city.csv2026-07-29
Zillow ZORI — metro market rentsdirectMetro_zori_uc_sfrcondomfr_sm_sa_month.csv2026-07-26
Zillow ZORI — city market rentsdirectzillow_zori_city.csv2026-07-29
Zillow ZORI - metro market rents, not seasonally adjusteddirectMetro_zori_uc_sfrcondomfr_sm_month.csv2026-08-15
Zillow ZORI — ZIP market rentsdirectZORI ZIP 2026-062026-08-08