Updated 5+ Days Ago
Location
5122 N 31st Way #227, Phoenix, AZ 85016, USA
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Property Overview
Please share the actual “Pros,” “Great for,” and “Notable features” details for 5122 N 31st Way #227 so I can write the 2–3 sentence summary accurately.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Central heat
- Elevator
Great for
Wellness
Amenities for 5122 N 31st Way #227
Apartment Amenities
| Central Air |
Appliances
| Dishwasher | Energy Star Qualified Equipment (Heating) |
| In-Unit Laundry |
Building
| Exterior Type: Block | Exterior Type: Low VOC Paint |
| Exterior Type: SteelFrame | Four Floors |
| Roof Type: Concrete | Roof Type: Foam |
Grounds
| Outdoor Space | Storage |
Other
| Architecture Style: Modern | Five Rooms |
| Roof Type: Tile | View Type: City |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About 5122 N 31st Way #227
Property Status: Active Office Phone: (602) 527-1166 Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 5122 N 31st Way, Phoenix, AZ 85016, USA compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 243 sqft larger than other listings nearby
- Central heat
- This address offers a climate controlled environment
- Elevator
- Improved accessibility features
- Extra Storage
- Upgraded in-unit features
- Images available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
- Pet restrictions
- Pets aren't allowed at this location.
Address details
| Zip code | 85016 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Phoenix
2-bedroom apartments at 5122 N 31st Way #227 cost about 45% more than the average rent price for 2-bedroom apartments in Phoenix.
Median rents as of Jul 18 2026.
Phoenix
| Month | Median Rent |
|---|---|
| August 2024 | $1,591 |
| September 2024 | $1,556 |
| October 2024 | $1,545 |
| November 2024 | $1,548 |
| December 2024 | $1,533 |
| January 2025 | $1,547 |
| February 2025 | $1,548 |
| March 2025 | $1,547 |
| April 2025 | $1,554 |
| May 2025 | $1,550 |
| June 2025 | $1,550 |
| July 2025 | $1,555 |
| August 2025 | $1,534 |
| September 2025 | $1,544 |
| October 2025 | $1,538 |
| November 2025 | $1,507 |
| December 2025 | $1,499 |
| January 2026 | $1,503 |
| February 2026 | $1,497 |
| March 2026 | $1,495 |
| April 2026 | $1,495 |
| May 2026 | $1,492 |
| June 2026 | $1,495 |
| July 2026 | $1,490 |
Affordability calculator
Can I afford to live at 5122 N 31st Way #227?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$86,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $86,000 annually to afford this 2-bedrooms monthly rent price of $2,150.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 7 months ago | $2,200 | 2 bed | 2 bath | ||
| 7 months ago | $2,200 | 2 bed | 2 bath | ||
| 9 months ago | $1,850 | 2 bed | 2 bath | ||
| 9 months ago | $2,250 | 2 bed | 2 bath | ||
| 10 months ago | $4,000 | 2 bed | 2 bath | ||
| 10 months ago | $4,000 | 2 bed | 2 bath | ||
| 10 months ago | $1,900 | 2 bed | 2 bath | ||
| 10 months ago | $1,900 | 2 bed | 2 bath | ||
| 11 months ago | $2,200 | 2 bed | 2 bath |
Schools near 5122 N 31st Way #227
Creighton Virtual Academy
2702 e flower st
phoenix, AZ, 85016
K-8Public
C-
Madison Rose Lane Elementary School
1155 e rose ln
phoenix, AZ, 85014
PK, K-4Public
B
Madison Traditional Academy
925 e maryland ave
phoenix, AZ, 85014
PK, K-8Public
A-
Montecito Community School
715 e montecito ave
phoenix, AZ, 85014
PK, K-8Public
Foundation for Blind Children Preschool
1234 e northern ave
phoenix, AZ, 85020
PKPublic
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Internet available near 5122 N 31st Way #227
Getting around Phoenix near 5122 N 31st Way #227
Walking
6/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
4/10
Frequent public transit options are within walking distance.
Points of interest for 5122 N 31st Way #227, Phoenix
Groceries
6/10
At least one grocery store within a 15-minute walk
Shopping
7/10
Variety of shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
6/10
Variety of restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
4/10
No high schools within a 30-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
5/10
Some bars within walking distance
Other units at this address
5122 N 31st Way, Phoenix, AZ
5122 N 31st Way Phoenix, AZ
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2 Beds
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$1,750
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2 Baths
$2,200
In-Unit Laundry • Air Conditioning • Central Heat • Dishwasher • Assigned Parking • Microwave
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