The cost of rent has risen by more than 50% over the past 10 years, according to the Federal Reserve’s Consumer Price Index, which mirrors the way home prices have also gone up tremendously during that time. Unfortunately, wages haven’t increased at the same rate, making it harder and harder for people to afford housing. That said, what are the Arizona cities with the most affordable rent?


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To determine the cities where rent is the most affordable, WalletHub analyzed the median annual gross rent in more than 180 cities, then compared it to the median household income.

“In the most affordable cities for renters, the median cost of rent is as low as 15% of the median income, compared to more than 33% in the most expensive cities,” said Chip Lupo, Wallethub analyst. “This gives people in the least expensive cities a clear financial advantage; the money they save on rent could go toward their emergency fund or savings for future home ownership.”

Source: WalletHub

Cities Where Rent Is the Most Affordable

Overall Rank* CityTotal Score Median Annual Gross Rent as % of Median Annual Household Income 
1Bismarck, ND100.0015.34%
2Sioux Falls, SD96.6415.95%
3Cheyenne, WY95.8416.09%
4Cedar Rapids, IA94.3816.36%
5Fargo, ND92.7916.65%
6Charleston, WV92.4816.70%
7Casper, WY92.3716.72%
8Overland Park, KS91.8616.81%
9Juneau, AK88.3417.45%
10Anchorage, AK86.6317.76%
11Warwick, RI86.3917.81%
12Lincoln, NE85.7917.92%
13Wichita, KS83.8718.26%
14Huntsville, AL83.8018.28%
15Billings, MT83.5718.32%
16Columbia, MD82.2418.56%
17Omaha, NE79.9318.98%
18Laredo, TX79.8918.99%
19Fort Wayne, IN79.3419.09%
20Rapid City, SD78.5519.23%
21Fort Smith, AR77.6019.40%
22Chesapeake, VA77.5919.40%
23Oklahoma City, OK77.1519.48%
24Lexington-Fayette, KY76.8719.54%
25West Valley City, UT76.6819.57%
26Seattle, WA76.2119.66%
27Fremont, CA75.5919.77%
28Des Moines, IA75.5619.77%
29Plano, TX75.4519.79%
30Louisville, KY75.3119.82%
31Albuquerque, NM75.1519.85%
32Minneapolis, MN75.0319.87%
33Gilbert, AZ74.0120.05%
34Boise, ID73.9920.06%
35Amarillo, TX73.4820.15%
36Lewiston, ME72.9820.24%
37Aurora, IL71.8720.44%
38St. Paul, MN71.5520.50%
39Tulsa, OK71.5320.50%
40San Francisco, CA71.4320.52%
41Missoula, MT71.1520.57%
42Las Cruces, NM71.1420.57%
43Spokane, WA69.7520.83%
44Chandler, AZ69.3420.90%
45Kansas City, MO68.2421.10%
46Little Rock, AR68.0521.13%
47Fontana, CA67.8021.18%
48Indianapolis, IN67.7921.18%
49St. Louis, MO67.5221.23%
50Bakersfield, CA67.3821.26%
51Madison, WI67.3521.26%
52El Paso, TX67.3121.27%
53Scottsdale, AZ66.8921.35%
54Raleigh, NC66.7421.37%
55Durham, NC66.6721.38%
56Nashua, NH66.3621.44%
57Washington, DC66.3121.45%
58Winston-Salem, NC66.0721.49%
59Salt Lake City, UT65.9921.51%
60Portland, OR65.6521.57%
61South Burlington, VT65.1621.66%
62Austin, TX64.8621.71%
63Charleston, SC64.6621.75%
64Grand Rapids, MI64.3221.81%
65Virginia Beach, VA64.2721.82%
66Chicago, IL63.0622.04%
67Salem, OR62.8422.08%
68Cincinnati, OH62.6422.12%
69Fort Worth, TX62.6222.12%
70San Jose, CA62.2722.18%
71Toledo, OH62.0922.22%
72Reno, NV62.0422.23%
73Corpus Christi, TX61.8822.25%
74Nampa, ID61.6522.30%
75Brownsville, TX61.4322.34%
76Grand Prairie, TX61.2922.36%
77Peoria, AZ61.1122.39%
78Columbus, OH60.6222.48%
79Mesa, AZ60.4522.51%
80Colorado Springs, CO60.3622.53%
81Lubbock, TX60.2122.56%
82Arlington, TX59.5822.67%
83Greensboro, NC59.4122.70%
84Manchester, NH59.3822.71%
85Phoenix, AZ59.3722.71%
86Chattanooga, TN59.3622.71%
87Columbus, GA59.3222.72%
88Montgomery, AL58.7622.82%
89Pittsburgh, PA58.6322.84%
90Tacoma, WA58.5822.85%
91Irving, TX58.5522.86%
92Akron, OH57.8322.99%
93Charlotte, NC57.7223.01%
94Newport News, VA57.1523.11%
95Denver, CO56.8523.17%
96Stockton, CA55.8723.34%
97Norfolk, VA55.8123.36%
98Portland, ME55.4323.43%
99Oakland, CA54.3223.63%
100Atlanta, GA54.0123.68%
101Henderson, NV53.9823.69%
102Nashville, TN53.8423.71%
103Tucson, AZ53.7023.74%
104Fresno, CA53.4523.78%
105Milwaukee, WI52.8623.89%
106Glendale, AZ52.8023.90%
107Providence, RI52.5023.96%
108San Antonio, TX52.2923.99%
109Huntington, WV52.2524.00%
110Springfield, MO52.2124.01%
111Jersey City, NJ51.8624.07%
112Mobile, AL51.3324.17%
113Chula Vista, CA51.0924.21%
114Huntington Beach, CA50.8124.26%
115Shreveport, LA50.8024.26%
116Sacramento, CA50.7624.27%
117Pearl City, HI49.7024.46%
118Garland, TX49.5424.49%
119Riverside, CA49.2324.55%
120Augusta, GA49.2324.55%
121Jacksonville, FL48.7624.63%
122Buffalo, NY48.4024.70%
123Las Vegas, NV48.3724.70%
124Modesto, CA47.9324.79%
125Dallas, TX47.5924.85%
126Santa Clarita, CA47.4324.88%
127Columbia, SC46.9224.97%
128Aurora, CO46.5625.03%
129Honolulu, HI46.4925.05%
130Rancho Cucamonga, CA46.4725.05%
131Houston, TX46.4625.05%
132Vancouver, WA46.4325.06%
133Tempe, AZ46.2825.08%
133Baton Rouge, LA46.2825.08%
135North Las Vegas, NV46.2625.09%
135Fayetteville, NC46.2625.09%
137Worcester, MA45.9825.14%
138Richmond, VA45.8625.16%
139Oxnard, CA45.5625.22%
140St. Petersburg, FL45.0525.31%
141Eugene, OR44.9825.32%
142Yonkers, NY44.6825.37%
143San Diego, CA43.6025.57%
144Santa Rosa, CA43.0425.67%
145Dover, DE42.5925.75%
146Long Beach, CA42.5225.77%
147Wilmington, DE42.4925.77%
148Baltimore, MD41.4425.96%
149Philadelphia, PA40.3826.16%
150Garden Grove, CA39.9626.23%
151New Orleans, LA39.8026.26%
152Knoxville, TN39.7926.26%
153Memphis, TN39.5026.31%
154Tampa, FL39.1826.37%
155Boston, MA38.4426.51%
156Tallahassee, FL38.1426.56%
157Fort Lauderdale, FL37.5926.66%
158Rochester, NY37.1626.74%
159Irvine, CA36.9526.78%
160New York, NY36.9326.78%
161Santa Ana, CA36.6926.82%
162Gulfport, MS36.5826.84%
163San Bernardino, CA36.4226.87%
164Port St. Lucie, FL33.7827.35%
165Cleveland, OH33.6527.38%
166Anaheim, CA32.5227.58%
167Cape Coral, FL32.2827.62%
168Ontario, CA31.5027.77%
169Moreno Valley, CA30.6027.93%
170Burlington, VT29.9828.04%
171Los Angeles, CA29.9028.06%
172Pembroke Pines, FL29.8628.06%
173Jackson, MS28.8228.25%
174Oceanside, CA28.7928.26%
175Birmingham, AL28.4928.31%
176Orlando, FL26.9928.58%
177Bridgeport, CT20.3129.80%
178Glendale, CA20.0929.84%
179Detroit, MI11.7331.35%
180New Haven, CT7.1632.18%
181Newark, NJ2.8532.96%
182Miami, FL0.0033.48%

Note: *No. 1 = Most Affordable.

In-Depth Look at the Most Affordable Cities

Bismarck, ND

People in Bismarck, ND, have the most affordable rent as a percentage of their income. The median annual gross rent in the city is around 15.3% of the median annual income. For comparison, Miami residents spend more than double that, or 33.5% of their income.

Bismarck has the 20th-lowest median annual rent among the more than 180 cities in our study, but the 73rd-highest median income, which is why their rent-to-income ratio is so low.

Sioux Falls, SD

Sioux Falls, SD, has the second-most affordable rent. Residents’ mean annual gross rent only costs around 16% of the median income.

The median annual rent in Sioux Falls is only slightly more expensive than in Bismarck, the top city, ranking as the 21st-cheapest in the nation. It also has the 88th-highest median annual income among the more than 180 cities in our study.

Cheyenne, WY

Cheyenne, WY, is the city with the third-most affordable rent. Based on the median annual gross rent and median annual income, Cheyenne residents can expect to spend around 16.1% of their earnings on rent.

When you look at dollar amounts, Cheyenne’s rent is the 30th-cheapest in the country, but when you combine that with the fact that the city has the 76th-highest median income, it leads to the third-lowest ratio of rent to income.