diff --git a/pkg/kv/kvserver/client_lease_test.go b/pkg/kv/kvserver/client_lease_test.go
index fb5e07729b4e..9604f224422f 100644
--- a/pkg/kv/kvserver/client_lease_test.go
+++ b/pkg/kv/kvserver/client_lease_test.go
@@ -30,6 +30,7 @@ import (
 	"github.com/cockroachdb/cockroach/pkg/kv/kvserver/liveness/livenesspb"
 	"github.com/cockroachdb/cockroach/pkg/roachpb"
 	"github.com/cockroachdb/cockroach/pkg/server"
+	"github.com/cockroachdb/cockroach/pkg/settings/cluster"
 	"github.com/cockroachdb/cockroach/pkg/testutils"
 	"github.com/cockroachdb/cockroach/pkg/testutils/testcluster"
 	"github.com/cockroachdb/cockroach/pkg/util/hlc"
@@ -470,3 +471,95 @@ func TestStoreLeaseTransferTimestampCacheTxnRecord(t *testing.T) {
 	err = txn.Commit(ctx)
 	require.Regexp(t, `TransactionAbortedError\(ABORT_REASON_NEW_LEASE_PREVENTS_TXN\)`, err)
 }
+
+// This test verifies that when a lease is moved to a node that does not match the
+// lease preferences the replication queue moves it eagerly back, without considering the
+// kv.allocator.min_lease_transfer_interval.
+func TestLeasePreferencesRebalance(t *testing.T) {
+	defer leaktest.AfterTest(t)()
+	defer log.Scope(t).Close(t)
+
+	ctx := context.Background()
+	settings := cluster.MakeTestingClusterSettings()
+	sv := &settings.SV
+	// set min lease transfer high, so we know it does affect the lease movement.
+	kvserver.MinLeaseTransferInterval.Override(sv, 24*time.Hour)
+	// Place all the leases in us-west.
+	zcfg := zonepb.DefaultZoneConfig()
+	zcfg.LeasePreferences = []zonepb.LeasePreference{
+		{
+			Constraints: []zonepb.Constraint{
+				{Type: zonepb.Constraint_REQUIRED, Key: "region", Value: "us-west"},
+			},
+		},
+	}
+	numNodes := 3
+	serverArgs := make(map[int]base.TestServerArgs)
+	locality := func(region string) roachpb.Locality {
+		return roachpb.Locality{
+			Tiers: []roachpb.Tier{
+				{Key: "region", Value: region},
+			},
+		}
+	}
+	localities := []roachpb.Locality{
+		locality("us-west"),
+		locality("us-east"),
+		locality("eu"),
+	}
+	for i := 0; i < numNodes; i++ {
+		serverArgs[i] = base.TestServerArgs{
+			Locality: localities[i],
+			Knobs: base.TestingKnobs{
+				Server: &server.TestingKnobs{
+					DefaultZoneConfigOverride: &zcfg,
+				},
+			},
+			Settings: settings,
+		}
+	}
+	tc := testcluster.StartTestCluster(t, numNodes,
+		base.TestClusterArgs{
+			ReplicationMode:   base.ReplicationManual,
+			ServerArgsPerNode: serverArgs,
+		})
+	defer tc.Stopper().Stop(ctx)
+
+	key := keys.UserTableDataMin
+	tc.SplitRangeOrFatal(t, key)
+	tc.AddVotersOrFatal(t, key, tc.Targets(1, 2)...)
+	require.NoError(t, tc.WaitForVoters(key, tc.Targets(1, 2)...))
+	desc := tc.LookupRangeOrFatal(t, key)
+	leaseHolder, err := tc.FindRangeLeaseHolder(desc, nil)
+	require.NoError(t, err)
+	require.Equal(t, tc.Target(0), leaseHolder)
+
+	// Manually move lease out of preference.
+	tc.TransferRangeLeaseOrFatal(t, desc, tc.Target(1))
+
+	testutils.SucceedsSoon(t, func() error {
+		lh, err := tc.FindRangeLeaseHolder(desc, nil)
+		if err != nil {
+			return err
+		}
+		if !lh.Equal(tc.Target(1)) {
+			return errors.Errorf("Expected leaseholder to be %s but was %s", tc.Target(1), lh)
+		}
+		return nil
+	})
+
+	tc.GetFirstStoreFromServer(t, 1).SetReplicateQueueActive(true)
+	require.NoError(t, tc.GetFirstStoreFromServer(t, 1).ForceReplicationScanAndProcess())
+
+	// The lease should be moved back by the rebalance queue to us-west.
+	testutils.SucceedsSoon(t, func() error {
+		lh, err := tc.FindRangeLeaseHolder(desc, nil)
+		if err != nil {
+			return err
+		}
+		if !lh.Equal(tc.Target(0)) {
+			return errors.Errorf("Expected leaseholder to be %s but was %s", tc.Target(0), lh)
+		}
+		return nil
+	})
+}
diff --git a/pkg/kv/kvserver/replica_command.go b/pkg/kv/kvserver/replica_command.go
index 9ff023f390da..41d8aec566a7 100644
--- a/pkg/kv/kvserver/replica_command.go
+++ b/pkg/kv/kvserver/replica_command.go
@@ -3150,7 +3150,7 @@ func (r *Replica) adminScatter(
 	// range. Note that we disable lease transfers until the final step as
 	// transferring the lease prevents any further action on this node.
 	var allowLeaseTransfer bool
-	canTransferLease := func() bool { return allowLeaseTransfer }
+	canTransferLease := func(ctx context.Context, repl *Replica) bool { return allowLeaseTransfer }
 	for re := retry.StartWithCtx(ctx, retryOpts); re.Next(); {
 		requeue, err := rq.processOneChange(ctx, r, canTransferLease, false /* dryRun */)
 		if err != nil {
diff --git a/pkg/kv/kvserver/replica_range_lease.go b/pkg/kv/kvserver/replica_range_lease.go
index 8557f23eed74..cac1cc1b19d0 100644
--- a/pkg/kv/kvserver/replica_range_lease.go
+++ b/pkg/kv/kvserver/replica_range_lease.go
@@ -49,6 +49,7 @@ import (
 
 	"github.com/cockroachdb/cockroach/pkg/base"
 	"github.com/cockroachdb/cockroach/pkg/keys"
+	"github.com/cockroachdb/cockroach/pkg/kv/kvserver/constraint"
 	"github.com/cockroachdb/cockroach/pkg/kv/kvserver/kvserverpb"
 	"github.com/cockroachdb/cockroach/pkg/kv/kvserver/liveness"
 	"github.com/cockroachdb/cockroach/pkg/roachpb"
@@ -1275,3 +1276,26 @@ func (r *Replica) maybeExtendLeaseAsync(ctx context.Context, st kvserverpb.Lease
 	// We explicitly ignore the returned handle as we won't block on it.
 	_ = r.requestLeaseLocked(ctx, st)
 }
+
+// checkLeaseRespectsPreferences checks if current replica owns the lease and
+// if it respects the lease preferences defined in the zone config. If there are no
+// preferences defined then it will return true and consider that to be in-conformance.
+func (r *Replica) checkLeaseRespectsPreferences(ctx context.Context) (bool, error) {
+	if !r.OwnsValidLease(ctx, r.store.cfg.Clock.NowAsClockTimestamp()) {
+		return false, errors.Errorf("replica %s is not the leaseholder, cannot check lease preferences", r)
+	}
+	_, zone := r.DescAndZone()
+	if len(zone.LeasePreferences) == 0 {
+		return true, nil
+	}
+	storeDesc, err := r.store.Descriptor(ctx, false /* useCached */)
+	if err != nil {
+		return false, err
+	}
+	for _, preference := range zone.LeasePreferences {
+		if constraint.ConjunctionsCheck(*storeDesc, preference.Constraints) {
+			return true, nil
+		}
+	}
+	return false, nil
+}
diff --git a/pkg/kv/kvserver/replica_test.go b/pkg/kv/kvserver/replica_test.go
index 887b557022c6..0f3239a01a72 100644
--- a/pkg/kv/kvserver/replica_test.go
+++ b/pkg/kv/kvserver/replica_test.go
@@ -12821,7 +12821,7 @@ func TestReplicateQueueProcessOne(t *testing.T) {
 	tc.repl.mu.destroyStatus.Set(errBoom, destroyReasonMergePending)
 	tc.repl.mu.Unlock()
 
-	requeue, err := tc.store.replicateQueue.processOneChange(ctx, tc.repl, func() bool { return false }, true /* dryRun */)
+	requeue, err := tc.store.replicateQueue.processOneChange(ctx, tc.repl, func(ctx context.Context, repl *Replica) bool { return false }, true /* dryRun */)
 	require.Equal(t, errBoom, err)
 	require.False(t, requeue)
 }
diff --git a/pkg/kv/kvserver/replicate_queue.go b/pkg/kv/kvserver/replicate_queue.go
index 66086d94f187..b4a2ce180e69 100644
--- a/pkg/kv/kvserver/replicate_queue.go
+++ b/pkg/kv/kvserver/replicate_queue.go
@@ -49,10 +49,10 @@ const (
 	newReplicaGracePeriod = 5 * time.Minute
 )
 
-// minLeaseTransferInterval controls how frequently leases can be transferred
+// MinLeaseTransferInterval controls how frequently leases can be transferred
 // for rebalancing. It does not prevent transferring leases in order to allow
 // a replica to be removed from a range.
-var minLeaseTransferInterval = settings.RegisterDurationSetting(
+var MinLeaseTransferInterval = settings.RegisterDurationSetting(
 	"kv.allocator.min_lease_transfer_interval",
 	"controls how frequently leases can be transferred for rebalancing. "+
 		"It does not prevent transferring leases in order to allow a "+
@@ -285,7 +285,7 @@ func (rq *replicateQueue) shouldQueue(
 	// If the lease is valid, check to see if we should transfer it.
 	status := repl.LeaseStatusAt(ctx, now)
 	if status.IsValid() &&
-		rq.canTransferLease() &&
+		rq.canTransferLeaseFrom(ctx, repl) &&
 		rq.allocator.ShouldTransferLease(ctx, zone, voterReplicas, status.Lease.Replica.StoreID, repl.leaseholderStats) {
 
 		log.VEventf(ctx, 2, "lease transfer needed, enqueuing")
@@ -310,7 +310,7 @@ func (rq *replicateQueue) process(
 	// selected target.
 	for r := retry.StartWithCtx(ctx, retryOpts); r.Next(); {
 		for {
-			requeue, err := rq.processOneChange(ctx, repl, rq.canTransferLease, false /* dryRun */)
+			requeue, err := rq.processOneChange(ctx, repl, rq.canTransferLeaseFrom, false /* dryRun */)
 			if isSnapshotError(err) {
 				// If ChangeReplicas failed because the snapshot failed, we log the
 				// error but then return success indicating we should retry the
@@ -344,7 +344,10 @@ func (rq *replicateQueue) process(
 }
 
 func (rq *replicateQueue) processOneChange(
-	ctx context.Context, repl *Replica, canTransferLease func() bool, dryRun bool,
+	ctx context.Context,
+	repl *Replica,
+	canTransferLeaseFrom func(ctx context.Context, repl *Replica) bool,
+	dryRun bool,
 ) (requeue bool, _ error) {
 	// Check lease and destroy status here. The queue does this higher up already, but
 	// adminScatter (and potential other future callers) also call this method and don't
@@ -481,7 +484,7 @@ func (rq *replicateQueue) processOneChange(
 	case AllocatorRemoveLearner:
 		return rq.removeLearner(ctx, repl, dryRun)
 	case AllocatorConsiderRebalance:
-		return rq.considerRebalance(ctx, repl, voterReplicas, nonVoterReplicas, canTransferLease, dryRun)
+		return rq.considerRebalance(ctx, repl, voterReplicas, nonVoterReplicas, canTransferLeaseFrom, dryRun)
 	case AllocatorFinalizeAtomicReplicationChange:
 		_, err := maybeLeaveAtomicChangeReplicasAndRemoveLearners(ctx, repl.store, repl.Desc())
 		// Requeue because either we failed to transition out of a joint state
@@ -805,12 +808,12 @@ func (rq *replicateQueue) maybeTransferLeaseAway(
 	repl *Replica,
 	removeStoreID roachpb.StoreID,
 	dryRun bool,
-	canTransferLease func() bool,
+	canTransferLeaseFrom func(ctx context.Context, repl *Replica) bool,
 ) (done bool, _ error) {
 	if removeStoreID != repl.store.StoreID() {
 		return false, nil
 	}
-	if canTransferLease != nil && !canTransferLease() {
+	if canTransferLeaseFrom != nil && !canTransferLeaseFrom(ctx, repl) {
 		return false, errors.Errorf("cannot transfer lease")
 	}
 	desc, zone := repl.DescAndZone()
@@ -1066,7 +1069,7 @@ func (rq *replicateQueue) considerRebalance(
 	ctx context.Context,
 	repl *Replica,
 	existingVoters, existingNonVoters []roachpb.ReplicaDescriptor,
-	canTransferLease func() bool,
+	canTransferLeaseFrom func(ctx context.Context, repl *Replica) bool,
 	dryRun bool,
 ) (requeue bool, _ error) {
 	desc, zone := repl.DescAndZone()
@@ -1101,7 +1104,7 @@ func (rq *replicateQueue) considerRebalance(
 		if !ok {
 			log.VEventf(ctx, 1, "no suitable rebalance target for non-voters")
 		} else if done, err := rq.maybeTransferLeaseAway(
-			ctx, repl, removeTarget.StoreID, dryRun, canTransferLease,
+			ctx, repl, removeTarget.StoreID, dryRun, canTransferLeaseFrom,
 		); err != nil {
 			log.VEventf(ctx, 1, "want to remove self, but failed to transfer lease away: %s", err)
 		} else if done {
@@ -1144,7 +1147,7 @@ func (rq *replicateQueue) considerRebalance(
 		}
 	}
 
-	if !canTransferLease() {
+	if !canTransferLeaseFrom(ctx, repl) {
 		// No action was necessary and no rebalance target was found. Return
 		// without re-queuing this replica.
 		return false, nil
@@ -1378,9 +1381,19 @@ func (rq *replicateQueue) changeReplicas(
 	return nil
 }
 
-func (rq *replicateQueue) canTransferLease() bool {
+// canTransferLeaseFrom checks is a lease can be transferred from the specified
+// replica. It considers two factors if the replica is in -conformance with
+// lease preferences and the last time a transfer occurred to avoid thrashing.
+func (rq *replicateQueue) canTransferLeaseFrom(ctx context.Context, repl *Replica) bool {
+	// Do a best effort check to see if this replica conforms to the configured
+	// lease preferences (if any), if it does not we want to encourage more
+	// aggressive lease movement and not delay it.
+	respectsLeasePreferences, err := repl.checkLeaseRespectsPreferences(ctx)
+	if err == nil && !respectsLeasePreferences {
+		return true
+	}
 	if lastLeaseTransfer := rq.lastLeaseTransfer.Load(); lastLeaseTransfer != nil {
-		minInterval := minLeaseTransferInterval.Get(&rq.store.cfg.Settings.SV)
+		minInterval := MinLeaseTransferInterval.Get(&rq.store.cfg.Settings.SV)
 		return timeutil.Since(lastLeaseTransfer.(time.Time)) > minInterval
 	}
 	return true
diff --git a/pkg/kv/kvserver/store.go b/pkg/kv/kvserver/store.go
index 2eae1f2ee5de..84584870bfc0 100644
--- a/pkg/kv/kvserver/store.go
+++ b/pkg/kv/kvserver/store.go
@@ -2731,7 +2731,7 @@ func (s *Store) ComputeStatsForKeySpan(startKey, endKey roachpb.RKey) (StoreKeyS
 func (s *Store) AllocatorDryRun(ctx context.Context, repl *Replica) (tracing.Recording, error) {
 	ctx, collect, cancel := tracing.ContextWithRecordingSpan(ctx, s.ClusterSettings().Tracer, "allocator dry run")
 	defer cancel()
-	canTransferLease := func() bool { return true }
+	canTransferLease := func(ctx context.Context, repl *Replica) bool { return true }
 	_, err := s.replicateQueue.processOneChange(
 		ctx, repl, canTransferLease, true /* dryRun */)
 	if err != nil {