Flagstaff, AZ Housing Market: Home Prices & Rent
Flagstaff, AZ home values since 2000
Last few years
Rent in Flagstaff, AZ
Owning vs renting, monthly
Buying the typical Flagstaff, AZ home with 20% down at this week's 7.32% 30-year rate costs about $4,174/month (principal, interest plus ~1.5% a year for tax and insurance) vs $2,128/month typical rent.
Rate: Freddie Mac, week of Oct 22, 2026. Estimate for comparison only.
Flagstaff, AZ vs Arizona vs the U.S.
| Typical home | 12-month change | Typical rent | |
|---|---|---|---|
| This metro | $619k | +0.2% | $2,128/mo |
| Arizona | $417k | -1.0% | - |
| United States | $366k | +1.2% | $1,932/mo |
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Common questions
Are home prices falling in Flagstaff, AZ?
No - the typical Flagstaff, AZ-area home value is up 0.2% over the past 12 months, at $619k (September 2026).
Is the Flagstaff, AZ housing market crashing?
Home values are close to their 2020s high and up 0.2% over the past year - a rising market, not a sudden collapse. Whether that continues isn't knowable from the data - this page updates every month when new figures come out.
How much is rent in Flagstaff, AZ?
Typical rent in the Flagstaff, AZ metro is $2,128 a month (September 2026), -0.0% over 12 months.
How much income do you need to buy a home in Flagstaff, AZ?
About $154k a year to afford the typical home with 20% down, spending no more than 30% of income on housing (September 2026).
Nearby and similar metros
Phoenix, AZ · Tucson, AZ · Yuma, AZ · Bellingham, WA · Riverside, CA · Bend, OR · Sacramento, CA
Sources: Data Provided by Zillow Group (Zillow Home Value Index and Zillow Observed Rent Index, September 2026; income needed and listing data). 30-year mortgage rate: Freddie Mac PMMS. Figures are for the Flagstaff, AZ metro area. How we calculate.