1 Day Ago
Location
517 E Balao Dr, Phoenix, AZ 85085, USA
Tour 517 E Balao Dr
Contact
Valentine Property Management
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Amenities for 517 E Balao Dr
Apartment Amenities
| 2 Floors | Carpet |
| Ceiling Fan | Central Air |
| Natural Gas | Walk-in Closet |
Building
| Exterior Type: WoodFrame | Exterior Type: Blown Cellulose |
| Exterior Type: Painted |
Grounds
| Outdoor Space | Swimming Pool |
Other
| Ceiling Fans | Exterior Type: Stucco |
| Roof Type: Tile |
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 517 E Balao Dr
Property Status: Active Luxury rental in the beautiful development of Gateway at Sonoran Preserve! This is a unique rental opportunity with this 3Bed + office/den & loft, 2.5bath home. Walk into soaring ceilings, wood tile flooring, plenty of natural light, custom paint and tons of upgrades! Gourmet kitchen has stainless appliances, quartz countertops, huge center island, tons of espresso cabinets, drop pendant lighting and a plethora of designer touches. The great room/family room has a wall length multi-slide door leading to the backyard sanctuary which offers the most stunning mountain views! Primary bed/bath has double vanities, separate soaking tub, stand-up shower and huge walk-in closet. The office/den could easily be converted into a 4th bedroom. The backyard is a summertime oasis with modern decking, a fire pit which can be accessed while sitting and enjoying drinks in the pool! This home is close is close to all Phx has to offer as well as freeways, hospitals, Anthem Outlets, Norterra & Desert Ridge. Miles of Hiking/biking trails are right outside your front door! The perfect home for your family! Office Phone: (602) 866-0150 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 517 E Balao Dr compares to other nearby properties.
Positives
- More space
- The 4-bedroom is 362 sqft larger than other listings nearby
Considerations
- Greater distance from high schools
- The nearest high school is farther than 5 miles away
Address details
| Zip code | 85085 |
|---|---|
| Type | House for rent |
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Rent trends in Phoenix
4-bedroom apartments at 517 E Balao Dr cost about 44% more than the average rent price for 4-bedroom apartments in Phoenix.
Median rents as of Jan 3 2026.
Phoenix
| Month | Median Rent |
|---|---|
| February 2024 | $2,397 |
| March 2024 | $2,474 |
| April 2024 | $2,530 |
| May 2024 | $2,590 |
| June 2024 | $2,752 |
| July 2024 | $2,694 |
| August 2024 | $2,675 |
| September 2024 | $2,630 |
| October 2024 | $2,624 |
| November 2024 | $2,520 |
| December 2024 | $2,498 |
| January 2025 | $2,499 |
| February 2025 | $2,499 |
| March 2025 | $2,510 |
| April 2025 | $2,582 |
| May 2025 | $2,642 |
| June 2025 | $2,673 |
| July 2025 | $2,699 |
| August 2025 | $2,631 |
| September 2025 | $2,600 |
| October 2025 | $2,550 |
| November 2025 | $2,497 |
| December 2025 | $2,495 |
| January 2026 | $2,500 |
Affordability calculator
Can I afford to live at 517 E Balao Dr?
Bedrooms
4+ 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
$143,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $143,800 annually to afford this 4-bedrooms monthly rent price of $3,595.
For more information on rent affordability, visit our rent calculator.
Schools near 517 E Balao Dr
Norterra Canyon K-8
2200 w maya way
phoenix, AZ, 85085
PK, K-8Public
A-
Aspire, Deer Valley's Online Academy
20402 n 15th ave
phoenix, AZ, 85027
K-12Public
A-
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Internet available near 517 E Balao Dr
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Phoenix near 517 E Balao Dr
Walking
2/10
You’ll need another mode of transportation for getting around. Scooter, anyone?
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Points of interest for 517 E Balao Dr, Phoenix
Groceries
0/10
Closest supermarket further than a 30-minute walk
Shopping
0/10
Few or no shops within walking distance
Cafes
0/10
Few or no cafés within walking distance
Restaurants
1/10
Few or no restaurants within walking distance
Primary schools
1/10
Closest elementary school further than a 30-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Nightlife
0/10
Few or no bars within walking distance
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