5+ Days Ago
Location
232 S Macdonald, Mesa, AZ 85210, USA|Downtown Mesa
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Property Overview
Pennytree Apartments/232 South Macdonald holds a strong overall rating of 8.3, reflecting its appeal as a desirable rental option. It features a competitive price rating of 10, an impressive amenities score of 8, and a location rating of 9, offering convenient access to key points of interest. Additionally, it is positioned in the 71.43 percentile for value for money, with a nearby top-rated high school just 0.31 miles away, enhancing its attractiveness to potential renters.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- High school nearby
- Middle school nearby
Great for
Social life
Floor plans
| Pennytree Apartments - A15 -... | Studio | 1 bath | 500 sqft | $900 /mo | S1 | ||
| Pennytree Apartments - B40 -... | Studio | 1 bath | 315 sqft | $900 /mo | S1 | ||
| Pennytree Apartments - B2 -... | Studio | 1 bath | 315 sqft | $949 /mo | S1 | ||
| Pennytree Apartments - B24 | Studio | 1 bath | 315 sqft | $1,000 /mo | S1 | ||
| Pennytree Apartments - B33 -... | Studio | 1 bath | 315 sqft | $1,000 /mo | S1 | ||
| Pennytree Apartments - B26 -... | Studio | 1 bath | 315 sqft | $1,165 /mo | S1R | ||
| Pennytree Apartments - C24 -... | 1 bed | 1 bath | 650 sqft | $999 /mo | A1 | ||
| Pennytree Apartments - 48 | 1 bed | 1 bath | 650 sqft | $999 /mo | A1 | ||
| Pennytree Apartments - 36 | 1 bed | 1 bath | 650 sqft | $999 /mo | A1 | ||
| Pennytree Apartments - A17 -... | 1 bed | 1 bath | 500 sqft | $1,000 /mo | S1 | ||
| Pennytree Apartments - 13 -... | 1 bed | 1 bath | 650 sqft | $1,099 /mo | A1R | ||
| Pennytree Apartments - 24 | 1 bed | 1 bath | 650 sqft | $1,099 /mo | A1 | ||
| Pennytree Apartments - C6 -... | 1 bed | 1 bath | 650 sqft | $1,099 /mo | A1R | ||
| Pennytree Apartments - 42 | 1 bed | 1 bath | 650 sqft | $1,099 /mo | A1 | ||
| Pennytree Apartments - C3 -... | 1 bed | 1 bath | 650 sqft | $1,099 /mo | A1 | ||
| Pennytree Apartments - B17 -... | 1 bed | 1 bath | 650 sqft | $1,099 /mo | A1 | ||
| Pennytree Apartments - 35 | 1 bed | 1 bath | 650 sqft | $1,099 /mo | A1 | ||
| Pennytree Apartments - B15 -... | 1 bed | 1 bath | 650 sqft | $1,099 /mo | A1 | ||
| Pennytree Apartments - 32 -... | 1 bed | 1 bath | 650 sqft | $1,099 /mo | A1 | ||
| Pennytree Apartments - 29 -... | 1 bed | 1 bath | 650 sqft | $1,275 /mo | A1R |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time.
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Questions about this property’s policies and fees?
Building details
Property details
| Units | 20 |
|---|
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About Pennytree Apartments/ 232 South Macdonald
A1
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, Pennytree Apartments/ 232 South Macdonald is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Pennytree Apartments/ 232 South Macdonald has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Pennytree Apartments/ 232 South Macdonald offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Pennytree Apartments/ 232 South Macdonald is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Pennytree Apartments/ 232 South Macdonald is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Pennytree Apartments/ 232 South Macdonald does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Pennytree Apartments/ 232 South Macdonald provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Pennytree Apartments/ 232 South Macdonald is great for:
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 Pennytree Apartments/ 232 South Macdonald compares to other nearby properties.
Positives
- Less expensive
- Studio units are cheaper than other similar listings nearby
- High school nearby
- There is a high school 0.3 mile away
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 1 mile away
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Downtown Mesa
Studio apartments at Pennytree Apartments/ 232 South Macdonald cost about 6% less than the average rent price for studios in Downtown Mesa.
1-bedroom apartments here are priced 4% lower than 1-bedrooms in Downtown Mesa.
Median rents as of Feb 7 2026.
Downtown Mesa
Mesa
| Month | Median Rent |
|---|---|
| February 2024 | $1,037 |
| March 2024 | $1,091 |
| April 2024 | $1,116 |
| May 2024 | $1,103 |
| June 2024 | $1,083 |
| July 2024 | $1,078 |
| August 2024 | $1,062 |
| September 2024 | $1,087 |
| October 2024 | $1,065 |
| November 2024 | $1,105 |
| December 2024 | $1,010 |
| January 2025 | $1,025 |
| February 2025 | $1,068 |
| March 2025 | $993 |
| April 2025 | $966 |
| May 2025 | $986 |
| June 2025 | $996 |
| July 2025 | $1,011 |
| August 2025 | $1,038 |
| September 2025 | $1,048 |
| October 2025 | $1,013 |
| November 2025 | $1,019 |
| December 2025 | $1,022 |
| January 2026 | $1,034 |
| February 2026 | $1,070 |
| Month | Median Rent |
|---|---|
| February 2024 | $1,395 |
| March 2024 | $1,375 |
| April 2024 | $1,295 |
| June 2024 | $1,261 |
| July 2024 | $1,295 |
| August 2024 | $1,295 |
| October 2024 | $1,199 |
| November 2024 | $1,199 |
| December 2024 | $1,199 |
| March 2025 | $1,099 |
| April 2025 | $1,112 |
| May 2025 | $1,118 |
| June 2025 | $1,109 |
| July 2025 | $1,152 |
| August 2025 | $1,112 |
| September 2025 | $1,102 |
| October 2025 | $1,041 |
| November 2025 | $1,105 |
| December 2025 | $1,102 |
| January 2026 | $1,057 |
| February 2026 | $1,050 |
Affordability calculator
Can I afford to live at 232 S Macdonald?
Bedrooms
Rent-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
$37,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $37,960 annually to afford this studio median monthly rent price of $949.
For more information on rent affordability, visit our rent calculator.
Schools near Pennytree Apartments/ 232 South Macdonald
Franklin West Elementary School
236 s sirrine
mesa, AZ, 85210
PK, K-6Public
A-
Early Education Center
122 n country club dr
mesa, AZ, 85201
PKPublic
Lowell Elementary School
920 e broadway rd
mesa, AZ, 85204
PK, K-6Public
B-
Mesa Distance Learning Program
1025 n country club dr
mesa, AZ, 85201
K-12Public
B
Franklin Elementary School
1753 e 8th ave
mesa, AZ, 85204
PK, K-6Public
A
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Internet available near Pennytree Apartments/ 232 South Macdonald
Neighborhood
Downtown Mesa | Mesa, AZ
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Mesa near 232 S Macdonald
Walking
4/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 232 S Macdonald, Mesa
Groceries
6/10
At least one supermarket within a 20-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Variety of restaurants within a few minutes' walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
5/10
Moderate amount of park space nearby
Nightlife
3/10
Some bars within walking distance
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