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MarketsArizonaSaffordRent Analysis

Rent Analysis: Safford, AZ

Updated 2026 · Based on median market data for Safford, AZ

Cap Rate
5.99%
Median Price
$295K
Rent/Mo
$1,920
1% Rule
0.65%
Fails

Rent Overview

The median monthly rent in Safford, AZ is $1,920, translating to $23,040 in annual gross rental income per unit. The rent-to-price ratio is 0.65% — well below the 1% rule, making pure cash flow investing challenging at median prices.

Rent Affordability

Renters in Safford spend approximately 34% of the local median household income ($66,955) on rent. This exceeds the standard 30% affordability threshold, suggesting rent growth may face resistance — but it also means a large portion of the population finds buying even more out of reach, supporting rental demand.

Vacancy & Tenant Demand

The vacancy rate in Safford is 5%. This is a healthy vacancy rate that indicates balanced supply and demand. You should be able to find quality tenants without extended vacancies, though expect normal turnover periods of 2-4 weeks between tenants. Population growth of 1.6% annually is actively adding rental demand.

Gross Rent Multiplier

Safford's GRM (price divided by annual rent) is 12.8x. A GRM between 12-16x is moderate and typical of balanced markets. Deals can work but you need to keep expenses controlled. For comparison, the national average GRM for investment-grade rentals is approximately 13-15x.

Rental Income Projection

At the median rent of $1,920/mo, a single-family rental in Safford generates approximately $23,040 in gross annual income. After accounting for 5% vacancy ($1,152 lost), property taxes of $1,859, insurance (~$1,180), and maintenance (~$1,180), the estimated NOI is $17,670 per year, or $1,472/mo.

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How Safford Compares

Safford vs Arizona state average and national average across key investment metrics. Safford outperforms both benchmarks on cap rate.

Metric
Safford
Arizona Avg
National Avg
Cap Rate
5.99%
3.49%
3.81%
Median Price
$295K
$406K
$333K
Median Rent
$1,920
$1,709
$1,524
Property Tax
0.63%
0.63%
1.08%
Vacancy
5%
5%
5.6%
Pop. Growth
1.6%/yr
1.6%/yr
0.9%/yr

Nearby West Markets

City
Cap Rate
Price
Rent
Tax
Safford, AZ
6.0%
$295K
$1,920
0.63%
Fairbanks, AK
5.4%
$295K
$1,900
1.04%
Pueblo, CO
3.8%
$285K
$1,300
0.53%
Las Cruces, NM
3.7%
$285K
$1,340
0.8%
Casper, WY
3.1%
$305K
$1,220
0.61%

Frequently Asked Questions

What is the average rent in Safford, AZ?
The median monthly rent in Safford is $1,920, or $23,040 per year. This is 26% above the national average of $1,524/mo. Rent levels vary by neighborhood, property condition, and unit size — always verify comparable rents for your target property.
Is Safford a good rental market for landlords?
With a rent-to-price ratio of 0.65%, Safford falls below the 1% rule, meaning cash flow depends on buying below median or achieving above-median rents. The 5% vacancy rate signals tight rental demand, favorable for landlords.
How does Safford rent compare to Arizona averages?
Safford's median rent of $1,920/mo is 12% above the Arizona average of $1,709/mo. Home prices at $295K are below the state average of $406K, giving Safford a rent-to-price ratio of 0.65% vs 0.42% statewide.
What is a good rent-to-price ratio?
The 1% rule says monthly rent should be at least 1% of purchase price ($1,000/mo rent on a $100,000 home). Safford's ratio is 0.65%. Generally, above 0.8% is workable with good financing, above 1% is strong, and above 1.2% is exceptional. The national average across the 300+ cities we track is 0.46%.
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Explore Safford & Related Markets

More Safford Guides

Rental Property Investment GuideProperty Tax GuideCost of Living & AffordabilityAppreciation & Growth ForecastNeighborhood Investment Guide

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