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Payson, AZ Home Values and Rents

The typical home value in Payson is $443,575, 59th highest of 198 cities and towns in Arizona. Median rent is $2,011 a month.

Typical home value
$443,575
59th of 198 in AZ
Median rent
$2,011/mo
Zillow observed rent
Price change, 1 year
-0.5%
Sep 2026
Homeownership
75.7%
AZ: 67.4%

Typical home value in Payson

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodPayson
Sep 2026$443,575
Dec 2025$447,027
Dec 2024$452,330
Dec 2023$443,241
Dec 2022$435,738
Dec 2021$409,027
Dec 2020$322,996
Dec 2019$290,738
Dec 2018$271,376
Dec 2017$251,612
Dec 2016$240,756
Dec 2015$231,772
Dec 2014$216,212
Dec 2013$202,423
Dec 2012$188,766

Over five years, Payson prices changed +13.2%.

Source: Zillow Research · Last updated 09/01/2026

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Fair Market Rents, FY2027

HUD rent standard for Gila County, AZ

AZ rents
Unit sizeMonthly rentvs FY2026
Studio$1,048-6.4%
1 bedroom$1,055-6.4%
2 bedrooms$1,380-6.7%
3 bedrooms$1,684-10.0%
4 bedrooms$1,953-10.0%

Frequently asked questions

What is the typical home value in Payson, AZ?
The typical home value in Payson is $443,575 (Zillow Home Value Index, Sep 2026). The Arizona median is $394,500.
How much is rent in Payson?
The median rent in Payson is $2,011 a month (Zillow Observed Rent Index). HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,380.
Are home prices going up in Payson?
The typical home value in Payson changed -0.5% over one year and +13.2% over five years, as of Sep 2026.
How does Payson compare with the rest of Arizona?
Payson has the 59th highest median home value of 198 cities and towns with 1,000+ residents in Arizona.