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The average monthly rent in Phoenix is down 1.74% compared to last month but unchanged year-over-year.
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5d+ ago
Verified
7750 W Encanto Blvd, Phoenix, AZ 85035
In-unit laundry | On-site laundry | Balcony
1–3 beds
1–2 baths
$1,231–$1,698
Apartment for rent
3h ago
Verified
80 W Maryland Ave, Phoenix, AZ 85013
In-unit laundry | Assigned parking | Swimming pool
1–2 beds
1–2 baths
$1,300–$1,595
Apartment for rent
3h ago
Verified
1–3 beds
1–3 baths
$1,460–$7,869
Apartment for rent
6h ago
Verified
3450 W Missouri Ave, Phoenix, AZ 85017
In-unit laundry | Air conditioning | On-site laundry
Studio–1 bed
1 bath
$809–$1,350
Price drop
Apartment for rent
8h ago
Verified
1–3 beds
1–2 baths
$1,204–$1,886
Price drop
Apartment for rent
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1d ago
Verified
2735 E Thomas Rd, Phoenix, AZ 85016
In-unit laundry | Air conditioning | Walk-in closets
Studio
1 bath
$879–$949
Apartment for rent
Outdoor Space
In-Unit Laundry
Garage Parking
Swimming Pool
1d ago
Verified
1–2 beds
1 bath
$999–$1,095
Apartment for rent
3d ago
Verified
1–2 beds
1 bath
$1,450–$1,650
Apartment for rent
5d+ ago
Verified
1 bed
1 bath
$1,899
Apartment for rent
Available Nov 6
1h ago
Verified
5535 W Mcdowell Rd, Phoenix, AZ 85035
In-unit laundry | Air conditioning | On-site laundry
2 beds
1–2 baths
$1,140–$1,270
Apartment for rent
2h ago
Verified
1–3 beds
1–2 baths
$1,499–$3,227
Apartment for rent
3h ago
Verified
Studio–2 beds
1–2 baths
$849–$1,399
Apartment for rent
5h ago
Verified
Studio–3 beds
1–2 baths
$1,499–$4,499
Apartment for rent
Available Sep 22
8h ago
Verified
1–3 beds
1–2 baths
$1,199–$2,067
Apartment for rent
9h ago
Verified
2020 W Glendale Ave, Phoenix, AZ 85021
In-unit laundry | Air conditioning | Balcony
1–2 beds
1–2 baths
$1,275–$1,475
Apartment for rent
10h ago
Verified
1–2 beds
1 bath
$1,099–$1,559
Apartment for rent
10h ago
Verified
Studio–1 bed
1 bath
$699–$1,059
Apartment for rent
10h ago
Verified
Studio–2 beds
1–2 baths
$1,395–$11,955
Apartment for rent
10h ago
Verified
8429 N 27th Ave, Phoenix, AZ 85051
In-unit laundry | Air conditioning | Balcony
1–2 beds
1–2 baths
$999–$1,349
Price drop
Apartment for rent
10h ago
Verified
8245 N 27th Ave, Phoenix, AZ 85051
In-unit laundry | Swimming pool | Fitness center
1–2 beds
1–2 baths
$1,041–$1,444
Price drop
Apartment for rent
16h ago
Verified
6800 E Mayo Blvd, Phoenix, AZ 85054
In-unit laundry | Air conditioning | Garage parking
Studio–3 beds
1–2 baths
$1,559–$3,609
Apartment for rent
19h ago
Verified
1–2 beds
1–2 baths
$1,072–$2,313
Apartment for rent
23h ago
Verified
Studio–3 beds
1–3 baths
$1,285–$3,005
Apartment for rent
23h ago
Verified
901 E Van Buren St, Phoenix, AZ 85006
In-unit laundry | Air conditioning | Garage parking
1–2 beds
1–2 baths
$1,229–$2,329
Apartment for rent
1d ago
Verified
6702 N 17th Ave, Phoenix, AZ 85015
In-unit laundry | On-site laundry | Assigned parking
1–2 beds
1–2 baths
$799–$1,199
Price drop
Apartment for rent
1d ago
Verified
3001 N Black Canyon Hwy, Phoenix, AZ 85015
In-unit laundry | On-site laundry | Swimming pool
Studio–2 beds
1–2 baths
$839–$1,091
Apartment for rent
1d ago
Verified
1–2 beds
1–2 baths
$1,099–$11,120
Apartment for rent
1d ago
Verified
1–3 beds
1–2 baths
$1,699–$3,199
Price drop
Apartment for rent
1d ago
Verified
1–2 beds
1–2 baths
$1,150–$1,499
Apartment for rent
1d ago
Verified
2 beds
2 baths
$1,299
Apartment for rent
1d ago
Verified
Studio–3 beds
1–2 baths
$1,190–$2,385
Apartment for rent
2d ago
Verified
1–2 beds
1 bath
$1,075–$1,400
Apartment for rent
2d ago
Verified
1 bed
1 bath
$999–$1,049
Apartment for rent
2d ago
Verified
2 beds
1 bath
$1,175–$1,345
Apartment for rent
2d ago
Verified
1–2 beds
1–2 baths
$949–$1,424
Price drop
Apartment for rent
2d ago
Verified
Studio–1 bed
1 bath
$950–$1,300
Price drop
Apartment for rent
2d ago
Verified
Studio–1 bed
1 bath
$825–$1,175
Price drop
Apartment for rent
2d ago
Verified
2 beds
1 bath
$1,195–$1,245
Apartment for rent
3d ago
Verified
1–2 beds
1–2 baths
$1,299–$1,499
House for rent
3d ago
Verified
Studio–3 beds
0–2 baths
$806–$1,434
Apartment for rent
3d ago
Verified
1 bed
1 bath
$1,099
Apartment for rent
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208 rentals
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Look to your left: mountains. Look to your right: mountains. Look behind you: mountains. Look ahead of you: bet you guessed it, more mountains. Welcome to a constantly expanding, easy to navigate city nurtured and inspired by the spirit of the desert.
With a comparatively low cost of living, access to the beautiful beaches of Mexico and over 200 acclaimed golf courses, you'll feel like you got the best deal in resort-style living here in the Valley of the Sun. Feelin' lucky? You don't need to go to Vegas to hit up the casinos – although getting there only takes roughly five hours and is a straight shot on Highway 93. Avid sports spectator? Phoenix is the home to Major League Baseball spring training. Quick! Catch that Phoenix sunset – it may just change your life.
Phoenix is both a county seat and state capitol with a major military presence thanks to nearby Luke Air Force Base, accounting for its enormous government-sector labor force. Aside from government work, there are four Fortune 500 companies - the electronics corporation Avnet, the mining company Freeport-McMoRan, retailer PetSmart, and waste hauler Republic Services. Honeywell’s Aerospace division is also headquartered in Phoenix, along with many of their avionics and mechanical facilities. In addition, Phoenix is where you’ll find the headquarters for U-Haul, Best Western, Mesa Air Group, and the Apollo Group.
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Phoenix residents appreciate the warm climate and abundant sunshine, which allows for outdoor activities year-round. Many enjoy access to a variety of parks, restaurants, and cultural events, particularly in areas like downtown and Scottsdale. However, some locals express concerns about traffic congestion and the sprawl, which can make commuting challenging. Additionally, rent prices have been rising, leading to mixed feelings about affordability in certain neighborhoods.
Phoenix's rental market offers a very strong selection of listings, with an average of 6,139 available per month. The majority of these listings are 2-bedroom apartments, making up 33% of the market, followed closely by 1-bedroom apartments at 27%. Studios are relatively scarce, accounting for only 6% of the market.
Many Phoenix apartments offer desirable amenities, with in-unit laundry being a standout feature, available in 72% of listings with laundry data. Outdoor space is also a common perk, found in 76% of apartments with outdoor space data. Additionally, 71% of listings with AC data have air conditioning, making Phoenix a great option for renters seeking comfort in the desert climate. Keep in mind that these figures are based on historical data, but they should give you a sense of what to expect in the current market.
The Phoenix rental market has experienced a decline in 2024, with average monthly rents decreasing by approximately 9.5% year-over-year to $1,709.
Breaking down the market by bed count, 1-bedrooms are averaging $1,319 per month, representing a 7% annual decrease. The average rent for a 2-bedroom is around $1,604, while studios are averaging $1,111 per month, reflecting a significant 22% annual decline.
Seasonal trends continue to influence demand and prices in Phoenix. Summer months, particularly June, tend to see the highest rents, with a 9% increase compared to December. January and March are the most competitive months, with higher demand relative to available inventory. Conversely, November is the least competitive month, with lower demand and potentially fewer listings. If you're searching for a new apartment in Phoenix, considering the winter months may result in lower prices, albeit with fewer options.
Phoenix's unique landscape is matched by its diverse and beautiful architecture. Many rentals in the area showcase the city's popular styles, making it a great place to find a home that suits your taste. Phoenix is home to a high percentage of Ranch-style homes, accounting for nearly 47% of the market. This classic American style originated in the 1930s and is characterized by its long, horizontal profile and emphasis on indoor-outdoor living. Contemporary homes are also abundant in Phoenix, making up around 32% of the market. This modern style is known for its sleek lines, minimal ornamentation, and emphasis on functionality. Spanish-style homes, inspired by the region's rich cultural heritage, account for around 13% of the market, adding a touch of elegance and sophistication to the city's architectural landscape. Architectural style in Phoenix is representative of a subset of listings available on Zumper over the last few years.
Phoenix offers a unique blend of urban and desert living, with various neighborhoods catering to different lifestyles. If you're a social butterfly, you'll thrive in areas like Kierland, Booker T. Washington, Los Olivos, and Downtown Phoenix, which offer a vibrant atmosphere, safety, and plenty of restaurants and shared spaces.
Pet owners will appreciate neighborhoods like Surrey Heights, Bellair, Sun Sand, and Villages of Laveen Ranch, which prioritize pet-friendliness with features like pet waste stations, no breed restrictions, and outdoor spaces.
For those looking to live in Phoenix's most sought-after areas, consider Papago Vista, La Mancha, and Maryvale Park. These neighborhoods are in high demand, with 1-bedroom rents averaging $3,476 per month. Papago Vista, in particular, garners nearly 13 times more interest than the market average, while La Mancha and Maryvale Park attract 4 and 6 times more interest, respectively.
While these popular neighborhoods come with a higher price tag, they offer a unique living experience that's hard to find elsewhere in Phoenix. Whether you prioritize social living or pet-friendliness, there's a neighborhood in Phoenix that's sure to meet your needs.
Zumper’s proprietary rental data fuels our analysis. Rent and market trends, availability, neighborhood popularity, and lifestyle scores are all calculated using real-time and 2024 rental inventory and prices.
Our Lifestyle Categories ("great for eco-living," "great for social life," "great for pet owners," etc.) are determined by set criteria, against which we score each listing and its available features. At the neighborhood level, we calculate the listing count for each category to determine which lifestyles best fit each area.
Zumper, founded in 2012, is North America’s largest privately-owned rental platform, offering over 1 million listings across the U.S. and Canada. Stay informed on the latest trends and shifts in the rental market with our monthly National Rent Report, your go-to resource for key insights into the evolving rental landscape.
| 🔑Available apartment rentals | 7,748 |
|---|---|
| 💰Best rent deal | 3710 E Mcdowell Rd |
| ✨Popular amenities | , , |
| 🧦In-unit laundry | |
| 🍽With dishwasher | |
| 🏠With photos |