Updated 5+ Days Ago
Location
5040 N 18th Ave, Phoenix, AZ 85015, USA
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Property Overview
5040 N 18th Ave earns an 8.1 Zumper expert rating, with especially strong marks for price and location, plus solid scores for amenities and trustworthiness. It stands out for its competitive value and convenient access to nearby points of interest, transportation, and schools, with notable proximity to top-rated elementary and middle schools.
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
Middle school nearby- Elementary school nearby
Great for
Eco living
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | 700 sqft | $1,295 /mo | 1 unit available | 2 bedroom 1 bath located near all the downtown Phoenix amenities & easy freeway access! Recently remodeled with wood plank flooring thru-out, stainless steel appliances including Refrigerator, dishwasher, built-in microwave,range/oven. Nice sized bedrooms & Great room with dining area off the kitchen. Shared laundry with other unit. $75 per month water/sewer/trash. Prior To Completing An Application, Please Review All Applicable Refundable/Non-Refuindable Fees On The Rental Application. Copy Of Lease Is Available At Www Mba-Re Com To Review Prior To Signing A Lease. Our Qualifying Requirements Are: Ability To Move Within The Next 30 Days, Verifiable Monthly Income At Least 3X The Monthly Income & Good Rental History. We Do Not Advertise On Facebook, Or Any Other Site You Must Contact Mba Real Estate To Lease This Property! Do Not Give Money To Anyone But Mba Real Estate, Property Management Company. Tenant To Verify All Information Contained In Mls If Considered A Material Matter Prior To Signing Lease Mba Represents Homeowner/Landlord What Appliances Present In The Unit/Home When Inspecting Is What Will Be Included Owner Is Under No Obligation To Repair Or Replace Personal Property Such As Washer/Dryer/Refrigerator. Petscreening. Com Will Be Utilitized To Screen All Animals That Will Be Residing On The Property Sample Lease Is Uploaded To Www Mba-Re Com To Review Prior To Application Hold Deposit Equal To Security Deposit To Be Collected Within 24-Hours Of Notification Of Approval By Management. Hold Deposit Is Non-Refundable Until Lease Is Signed And Then It Becomes The Security Deposit And Is Refundable At The End Of The Lease Term If Property Is Returned In Good Condition $75 application fee per adult non-refundable 2.5% monthly admin fee non-refundable $300 1x admin fee non-refundable $1495 security deposit for qualified tenant refundable $300 pet fee for 1st approved pet, must have owner approval on pets non-refundable. Service animals are exempt. Mba Real Estate leasing@mba-re.co |
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Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 3 |
|---|
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About 5040 N 18th Ave
2 bedroom 1 bath located near all the downtown Phoenix amenities & easy freeway access! Recently remodeled with wood plank flooring thru-out, stainless steel appliances including Refrigerator, dishwasher, built-in microwave,range/oven. Nice sized bedrooms & Great room with dining area off the kitchen. Shared laundry with other unit. $75 per month water/sewer/trash. Prior To Completing An Application, Please Review All Applicable Refundable/Non-Refuindable Fees On The Rental Application. Copy Of Lease Is Available At Www Mba-Re Com To Review Prior To Signing A Lease. Our Qualifying Requirements Are: Ability To Move Within The Next 30 Days, Verifiable Monthly Income At Least 3X The Monthly Income & Good Rental History. We Do Not Advertise On Facebook, Or Any Other Site You Must Contact Mba Real Estate To Lease This Property! Do Not Give Money To Anyone But Mba Real Estate, Property Management Company. Tenant To Verify All Information Contained In Mls If Considered A Material Matter Prior To Signing Lease Mba Represents Homeowner/Landlord What Appliances Present In The Unit/Home When Inspecting Is What Will Be Included Owner Is Under No Obligation To Repair Or Replace Personal Property Such As Washer/Dryer/Refrigerator. Petscreening. Com Will Be Utilitized To Screen All Animals That Will Be Residing On The Property Sample Lease Is Uploaded To Www Mba-Re Com To Review Prior To Application Hold Deposit Equal To Security Deposit To Be Collected Within 24-Hours Of Notification Of Approval By Management. Hold Deposit Is Non-Refundable Until Lease Is Signed And Then It Becomes The Security Deposit And Is Refundable At The End Of The Lease Term If Property Is Returned In Good Condition $75 application fee per adult non-refundable 2.5% monthly admin fee non-refundable $300 1x admin fee non-refundable $1495 security deposit for qualified tenant refundable $300 pet fee for 1st approved pet, must have owner approval on pets non-refundable. Service animals are exempt. Mba Real Estate leasing@mba-re.co
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.
8.1
/10
Very GoodWith a solid 8.1 out of 10 overall, 5040 N 18th Ave is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 5040 N 18th Ave 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·9A 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.
5040 N 18th Ave stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
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, 5040 N 18th Ave 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.
5040 N 18th Ave 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 5040 N 18th Ave does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
5040 N 18th Ave 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 5040 N 18th Ave compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.1 mile away
- Elementary school nearby
- There is an elementary school 0.1 mile away
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Rent trends in Phoenix
2-bedroom apartments at 5040 N 18th Ave cost about 13% less than the average rent price for 2-bedroom apartments in Phoenix.
Median rents as of Jul 18 2026.
Phoenix
| Month | Median Rent |
|---|---|
| August 2024 | $1,104 |
| September 2024 | $1,095 |
| October 2024 | $1,065 |
| November 2024 | $1,051 |
| December 2024 | $1,049 |
| January 2025 | $1,070 |
| February 2025 | $1,072 |
| March 2025 | $1,038 |
| April 2025 | $1,000 |
| May 2025 | $1,000 |
| June 2025 | $999 |
| July 2025 | $995 |
| August 2025 | $995 |
| September 2025 | $995 |
| October 2025 | $986 |
| November 2025 | $960 |
| December 2025 | $981 |
| January 2026 | $988 |
| February 2026 | $961 |
| March 2026 | $950 |
| April 2026 | $963 |
| May 2026 | $948 |
| June 2026 | $950 |
| July 2026 | $932 |
Affordability calculator
Can I afford to live at 5040 N 18th Ave?
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
$51,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $51,800 annually to afford this 2-bedrooms monthly rent price of $1,295.
For more information on rent affordability, visit our rent calculator.
Schools near 5040 N 18th Ave
Solano School
1526 w missouri ave
phoenix, AZ, 85015
PK, K-8Public
C-
Alhambra Preschool Program: Granada Head Start
3232 w campbell ave
phoenix, AZ, 85017
PKPublic
Montecito Community School
715 e montecito ave
phoenix, AZ, 85014
PK, K-8Public
Alhambra Preschool Programs: Cordova Primary
5631 north 35th ave
phoenix, AZ, 85019
PKPublic
Alhambra Preschool Programs: Westwood Primary
4510 n 37th ave
phoenix, AZ, 85019
PKPublic
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Internet available near 5040 N 18th Ave
Getting around Phoenix near 5040 N 18th Ave
Walking
6/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
8/10
Popular public transit options are just a short walk from this location.
Points of interest for 5040 N 18th Ave, Phoenix
Groceries
9/10
Wide variety of groceries within a few minutes' walk
Shopping
7/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
6/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
8/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
7/10
Wide variety of bars within a short drive, including some within walking distance
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