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New River, AZ Condos for Rent

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  • /56

    $4,950 Per Month

    • 2 Beds
    • 2.5 Baths
    • 1,970 Sq Ft
    • Condo for Rent

    36601 N Mule Train Rd Unit A5, Carefree, AZ 85377

    Great location with beautiful mountain view! This spacious and functional floor plan has been nicely updated and furnished, perfect for your vacation stay or long term. First floor unit with multiple patios to enjoy the beautiful Arizona weather! Rates vary by season and length of stay. Rented through June 2027

    AnaMarie Rigo West USA Realty

    36601 N Mule Train Rd Unit A5, Carefree, AZ 85377
  • /11

    $4,500 Per Month

    • 2 Beds
    • 3 Baths
    • 1,970 Sq Ft
    • Condo for Rent

    36601 N Mule Train Rd Unit B16, Carefree, AZ 85377

    Lower level condo in Carefree! Fully furnished including linens and dishes. Primary bedroom and guest bedroom includes two queen beds with all new linens. New TV's in primary, great room and den. Beautiful desert views from main patio. There is a one car shared garage along with parking spaces around the unit. Community features heated pool and spa. All utilities included with a cap on electric.

    AnaMarie Rigo West USA Realty

    36601 N Mule Train Rd Unit B16, Carefree, AZ 85377

Frequently Asked Questions

How much does it cost to rent a condo in New River, AZ?
The median rent for a condo in New River, AZ is $3,000 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in New River, AZ?
To comfortably afford the median rent in New River, AZ, a household needs to earn roughly $120,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,000 per month in New River, AZ, renters typically need to show $9,000 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in New River, AZ?
In New River, AZ, the price-to-rent ratio is 17.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in New River, AZ are best for renting a condo?
The best neighborhood for renting in New River, AZ depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include North Gateway, Desert View, North Deer Valley, North Central Phoenix and Desert Ridge, each with its own character and price range.
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