Phoenix, AZ Rent Trends
Rank #45, last updated May 4
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 $1,010. The average rent of a 1-bedroom in Phoenix, AZ is $1,295. The average rent of a 2-bedroom in Phoenix, AZ is $1,554. The average rent of a 3-bedroom in Phoenix, AZ is $2,350.
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 $700 to $2,300+.
$700 - $1,100
$1,100 - $1,500
$1,500 - $1,900
$1,900 - $2,300
$2,300+
What is the average apartment size in Phoenix?
The average size of a Phoenix, AZ apartment is 1010 square feet, while the median apartment size for Phoenix, AZ is 875 square feet. However, square footage varies based on unit type. Most rentals in Phoenix, AZ (40.63%) are 2 bedroom apartments, while the fewest (6.57%) are studio apartments. Meanwhile, 1 bedroom apartments account for 36.44%, and 3+ bedroom apartments make up 16.36%.
Studio
One bedroom
Two bedrooms
Three+ bedrooms
What is the average rent for various neighborhoods in Phoenix?
| Studio | 1 bed | 2 beds | 3+ beds | |
|---|---|---|---|---|
| Ahwatukee Foothills | * | $1,468 | $1,850 | $2,300 |
| Alhambra | $1,010 | $1,135 | $1,400 | $1,995 |
| Camelback East | $995 | $1,299 | $1,635 | $2,995 |
| Central City | $1,104 | $1,550 | $1,920 | $2,350 |
| Deer Valley | * | $1,300 | $1,488 | $2,248 |
| Desert View | $1,520 | $1,715 | $2,157 | $3,325 |
| Encanto | $995 | $1,263 | $1,475 | $2,650 |
| Estrella | * | * | $1,258 | $1,995 |
| North Gateway | * | $1,353 | $1,806 | $2,769 |
| North Mountain | $964 | $1,100 | $1,409 | $2,095 |
| Paradise Valley | * | $1,330 | $1,500 | $2,950 |
| South Mountain | * | $1,290 | $1,550 | $2,295 |
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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