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Rent in Payson, AZ

Across Payson's 2 ZIP codes, a 2-bedroom typically rents for about $1,394 a month, with figures from $1,380–$1,408. The highest typical rent is in 85541 ($1,408) and the lowest in 85547 ($1,380). 1 ZIP has ZIP-level figures from HUD or Census; the other 1 uses the county Fair Market Rent. Owner-occupied homes in Gila County pay about 0.51% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.

Rent by bedrooms

Typical monthly rent in Payson, AZ by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$1,014$979–$1,0482
1 bed$972$889–$1,0552
2 beds$1,394$1,380–$1,4082
3 beds$1,495$1,306–$1,6842
4 beds$1,927$1,900–$1,9532

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Payson ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Payson, AZ?
About $1,394 a month: the median of the typical rents in 2 ZIP codes, which range from $1,380–$1,408. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Payson, AZ?
About $972 a month: the median of the typical rents in 2 ZIP codes, which range from $889–$1,055. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Payson, AZ?
About $1,495 a month: the median of the typical rents in 2 ZIP codes, which range from $1,306–$1,684. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Payson, AZ?
About $1,014 a month: the median of the typical rents in 2 ZIP codes, which range from $979–$1,048. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Payson, AZ?
About $1,927 a month: the median of the typical rents in 2 ZIP codes, which range from $1,900–$1,953. Figures are gross rent (rent plus tenant-paid utilities).
Which Payson ZIP code has the highest rent?
For a 2-bedroom, 85541 has the highest typical rent at $1,408 a month, and 85547 the lowest at $1,380.
What is the property tax rate in Payson, AZ?
Owner-occupied homes in Gila County pay a typical 0.51% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Payson rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).