States › Arizona › Lake Havasu City

Is Lake Havasu City, AZ expensive to live in?

OKRent takes 26 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,6088% lower than U.S. average
💵 Families earn per year (2026)$75,655about $6,305/month · 13% lower than U.S. average
🔑 House price$455,40037% higher than U.S. average

Rent is lower than in 52% of U.S. cities. A typical house costs about 6.0 years of household income, so buying is hard for most locals. Commutes are short, about 15.9 minutes.

How much money do I need?

To rent here comfortably, you should earn about $64,320 a year. That is $31 an hour at a full-time job.

Is rent cheaper than other Arizona cities?

Yes. Rent here is cheaper than in most of Arizona. It is number 41 of 93 cities from cheapest to most expensive.

Lake Havasu City
$1,608
$2,080
$2,323

How much do households earn in Lake Havasu City?

Under $25k
13.9%
$25k–50k
23.0%
$50k–100k
36.9%
$100k–150k
11.3%
$150k+
8.8%

Share of households by yearly income. 20.1% of households earn $100,000 or more.

Rent by apartment size in Lake Havasu City

SizeLake Havasu CityU.S. average
Studio$933$1,338
1 bedroom$1,077$1,324
2 bedrooms$1,195$1,509
3 bedrooms$1,773$1,698
4 bedrooms$1,781$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Lake Havasu City overall?

Everyday prices in the Lake Havasu City-Kingman metro area are 6% below the U.S. average (index 94.1, U.S. = 100).

Housing
80
Goods (food, clothes…)
96
Utilities
89
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.

Taxes and bills in Lake Havasu City

🏛️ Property tax$1,754a year · 0.39% of home value · U.S. $3,119
⚡ Electric bill$160a month (typical) · U.S. $156

Life in Lake Havasu City

Commute to work15.9 minU.S.: 26.4 min
College degree18.5%U.S.: 35.7%
Own their home73.2%U.S.: 65.2%
Below poverty line14.1%U.S.: 12.5%
Unemployment5%U.S.: 5.2%

What jobs pay in Lake Havasu City

JobMedian payRent / pay
Pharmacist$149,48012.9%
Nurse Practitioner$131,45014.7%
Physician Assistant$129,46014.9%
Software Developer$114,75016.8%
Lawyer$107,62017.9%
Dental Hygienist$102,79018.8%
Computer Systems Analyst$98,09019.7%
Registered Nurse$93,99020.5%
Civil Engineer$79,07024.4%
Operations Manager$74,05026.1%
Police Officer$72,50026.6%
Accountant$67,78028.5%
Licensed Practical Nurse$66,90028.8%
Plumber$58,52033.0%
HVAC Technician$56,81034.0%
Firefighter$54,81035.2%
Electrician$54,22035.6%
Market Research Analyst$51,56037.4%
Truck Driver$48,06040.1%
Carpenter$46,98041.1%
Elementary School Teacher$46,46041.5%
Nursing Assistant$43,14044.7%
Medical Assistant$40,69047.4%
Warehouse Worker$38,41050.2%
Customer Service Representative$37,61051.3%
Restaurant Cook$36,72052.5%
Server (Waiter/Waitress)$36,37053.1%
Retail Salesperson$34,61055.8%
Cashier$32,51059.4%

Is it cheaper to rent or buy in Lake Havasu City?

Renting is cheaper right now: about $1,552 a month less.

Renting
$1,608
Owning
$3,160

Owning assumes a typical $455,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $45,540 for the down payment.

Frequently asked questions

What is the average rent in Lake Havasu City, AZ?

Renting in Lake Havasu City costs a median of about $1,608 a month in 2026, including utilities. The Arizona median is $1,671.

How much do I need to make to live in Lake Havasu City?

To keep rent under 30% of income, you need about $64,320 a year, or $31 an hour at a full-time job.

Is Lake Havasu City cheap or expensive?

Lake Havasu City is rated OK: rent takes 25.5% of the typical household income of $75,655. It ranks 41st cheapest of 93 Arizona cities we track.

How much are property taxes in Lake Havasu City?

The median homeowner in Lake Havasu City pays $1,754 a year in property taxes, about 0.39% of the median home value.

Is Lake Havasu City more expensive than the national average?

Overall prices in the metro area are 6% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Lake Havasu City?

The median home value in Lake Havasu City is $455,400, about 6.0 times the typical yearly household income.

58,359 people live in Lake Havasu City. Numbers are typical (middle) values.