What is the median rent in Cave Creek, AZ?
The median gross rent in Cave Creek, AZ is $2,493 (±$973) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 131 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Cave Creek, the median gross rent went from $1,335 in 2015–2019 to $2,493 in 2020–2024 (+86.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $2,493 (±$973)
- Rented homes
- 131 (±81)
- $2,000 or more
- 78.7%
- Since 2015–2019
- +86.7%
How much rent costs in Cave Creek
| Monthly gross rent | Cave Creek | Maricopa County | Arizona | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±28.3 points) | 2.4% | 3.8% | 6.3% |
| $500 to $999 | 0.0% (±28.3 points) | 7.9% | 15.4% | 20.2% |
| $1,000 to $1,499 | 16.0% (±23.8 points) | 26.2% | 28.4% | 28.1% |
| $1,500 to $1,999 | 5.3% (±8.3 points) | 32.7% | 27.9% | 21.1% |
| $2,000 to $2,499 | 29.0% (±32.6 points) | 18.8% | 15.1% | 12.0% |
| $2,500 to $2,999 | 9.2% (±14.9 points) | 7.2% | 5.5% | 5.5% |
| $3,000 or more | 40.5% (±31.1 points) | 4.8% | 3.9% | 6.8% |
The most common range is $3,000 or more, paid by 40.5% of renting households.
78.7% of rented homes in Cave Creek cost $2,000 or more a month.
Cave Creek against Maricopa County, its state and the nation
| Cave Creek | Maricopa County | Arizona | United States | |
|---|---|---|---|---|
| Median gross rent | $2,493 (±$973) | $1,708 (±$8) | $1,543 (±$7) | $1,413 |
| Rented homes paying rent | 131 (±81) | 583,955 (±5,268) | 889,339 (±6,896) | 42,849,984 |
In Cave Creek, median gross rent is not measurably different from Maricopa County ($1,708).
It is not measurably different from Arizona ($1,543).
It is higher than the national figure ($1,413).
In Maricopa County, Cave Creek ranks 4 of 31 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 5 of 178.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Cave Creek has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,335 (±$226) | $2,493 (±$973) | +86.7% | No measurable change after inflation |
| Households that rent | 11.0% (±3.8 points) | 5.4% (±3.3 points) | −5.6 percentage points | Measurable decrease |
| Rental vacancy rate | 17.3% (±14.1 points) | 13.2% (±19.6 points) | −4.1 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Cave Creek
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Cave Creek | — | $2,493 (±$973) | — |
| Carefree | 4.1 mi | $1,538 (±$311) | Not measurably different |
| New River | 6.8 mi | $1,948 (±$429) | Not measurably different |
| Anthem | 8.3 mi | $2,548 (±$515) | Not measurably different |
| Scottsdale | 13 mi | $2,013 (±$48) | Not measurably different |
| Peoria | 19 mi | $1,843 (±$46) | Not measurably different |
| Phoenix | 19 mi | $1,582 (±$14) | Not measurably different |
| Paradise Valley | 20 mi | $3,500 or more | — |
| Fountain Hills | 21 mi | $1,890 (±$142) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Maricopa County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Paradise Valley | $3,500 or more |
| 2 | Citrus Park | $2,863 (±$280) |
| 3 | Anthem | $2,548 (±$515) |
| 4 | Cave Creek | $2,493 (±$973) |
| 5 | Queen Creek | $2,210 (±$94) |
| 6 | Gilbert | $2,110 (±$37) |
| 7 | Surprise | $2,033 (±$86) |
| 8 | Scottsdale | $2,013 (±$48) |
| 9 | Buckeye | $1,963 (±$148) |
| 10 | Goodyear | $1,956 (±$84) |
Showing 10 of 31 places in Maricopa County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Cave Creek
What is the average rent in Cave Creek, AZ?
The Census Bureau publishes the median rather than the average: the median gross rent in Cave Creek is $2,493 (±$973) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Cave Creek?
In Cave Creek, the median gross rent went from $1,335 in 2015–2019 to $2,493 in 2020–2024 (+86.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Cave Creek cost more than $2,000 a month?
78.7% of rented homes in Cave Creek have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Cave Creek higher than in Maricopa County?
In Cave Creek, median gross rent is not measurably different from Maricopa County ($1,708).
It is not measurably different from Arizona ($1,543).
It is higher than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cave Creek town, Arizona
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Cave Creek town, Arizona
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Cave Creek town, Arizona
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Cave Creek town, Arizona (place:11300, in state:04).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Cave Creek at a glance
- Income and affordability in Cave Creek
- Home values in Cave Creek
- Homeowner costs in Cave Creek
- Property taxes in Cave Creek
- Types of homes in Cave Creek
- Bedrooms in Cave Creek
- Age of homes in Cave Creek
- Heating fuel in Cave Creek
- Commute and cars in Cave Creek
- Population growth in Cave Creek
- How long people stay in Cave Creek
- Fair Market Rent in Cave Creek
- Arizona landlord and tenant rules
- Housing across Maricopa County
- Arizona places ranked by median rent
- Housing data for every place in Arizona