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To calculate the apartment rental trends in each city or neighborhood, ApartmentAdvisor evaluates thousands of available apartment listings in a given market and updates this information daily.

What is the average rent in Phoenix?

The average rent of a studio apartment in Phoenix, AZ is $925. The average rent of a 1-bedroom in Phoenix, AZ is $1,150. The average rent of a 2-bedroom in Phoenix, AZ is $1,450. The average rent of a 3-bedroom in Phoenix, AZ is $2,345.

Studio

$925


1 bed

$1,150


2 beds

$1,450


3+ beds

$2,345

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

Rent Prices Over Time in Phoenix

Apartment Rent Ranges in Phoenix

The monthly rent for apartments in Phoenix, AZ ranges from $500 to $2,500+.

$500 - $1,000

$1,000 - $1,500

$1,500 - $2,000

$2,000 - $2,500

$2,500+

What is the average apartment size in Phoenix?

The average size of a Phoenix, AZ apartment is 1033 square feet, while the median apartment size for Phoenix, AZ is 876 square feet. However, square footage varies based on unit type. Most rentals in Phoenix, AZ (43.12%) are 2 bedroom apartments, while the fewest (5.64%) are studio apartments. Meanwhile, 1 bedroom apartments account for 29.63%, and 3+ bedroom apartments make up 21.61%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Phoenix?

Studio1 bed2 beds3+ beds
Ahwatukee Foothills**$1,825$2,500
Alhambra$900$1,051$1,295$2,000
Camelback East$799$1,225$1,551$3,800
Central City$999$1,335$1,850$2,199
Deer Valley*$1,176$1,500$2,345
Desert View$1,548$1,620$1,967$3,797
Encanto$925$1,195$1,400$2,047
Estrella*$958*$1,895
North Mountain*$995$1,295$2,095
Paradise Valley$1,343$1,495$1,685$3,490
South Mountain*$1,112$1,250$2,010

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

* Insufficient data to calculate value

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