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The average monthly rent in Phoenix is flat compared to last month and unchanged year-over-year.
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4d ago
Verified
Studio–3 beds
1–2 baths
$1,499–$4,499
Apartment for rent
Available Sep 22
3d ago
Verified
2121 W Butler Dr, Phoenix, AZ 85021
Swimming pool | Fitness center | Controlled access
1–3 beds
1–2 baths
$1,495–$2,495
Apartment for rent
Available Dec 16
3d ago
Verified
1 bed
1 bath
$1,899
Apartment for rent
Available Dec 16
4d ago
Verified
7750 Encanto Boulevard, Phoenix, AZ 85035
In-unit laundry | On-site laundry | Balcony
1–3 beds
1–2 baths
$1,231–$1,698
Apartment for rent
10h ago
Verified
2 beds
1 bath
$1,125–$1,275
Apartment for rent
3d ago
Verified
35035 North Valley Parkway, Phoenix, AZ 85086
Air conditioning | Garage parking | Assigned parking
1–3 beds
1–2 baths
$1,425–$2,350
Apartment for rent
1d ago
Verified
6250 S 40th St, Phoenix, AZ 85042
In-unit laundry | Swimming pool | Fitness center
1–3 beds
1–2 baths
$1,392–$4,432
Apartment for rent
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19h ago
Verified
6800 Mayo Boulevard, Phoenix, AZ 85054
In-unit laundry | Air conditioning | Garage parking
Studio–3 beds
1–2 baths
$1,509–$3,599
Apartment for rent
5d+ ago
Verified
450 East Bethany Home Road, Phoenix, AZ 85012
In-unit laundry | Furnished | Air conditioning
2 beds
2 baths
$2,750
Apartment for rent
Available May 15
In-Unit Laundry
Swimming Pool
Outdoor Space
Garage Parking
8h ago
Verified
2 beds
1 bath
$1,199–$1,400
Apartment for rent
5d+ ago
Verified
1802 West Cholla Street, Phoenix, AZ 85029
On-site laundry | Balcony | Swimming pool
2 beds
1–2 baths
$1,295–$1,395
Apartment for rent
5h ago
Verified
34807 N 32nd Dr, Phoenix, AZ 85086
In-unit laundry | Garage parking | Swimming pool
1–3 beds
1–2 baths
$1,150–$2,497
Apartment for rent
1h ago
Verified
3–4 beds
2–3 baths
$2,038–$2,467
Apartment for rent
4d ago
Verified
1–3 beds
1–2 baths
$1,310–$1,814
Apartment for rent
5d+ ago
Verified
5110 North 31st Way, Phoenix, AZ 85016
In-unit laundry | Furnished | Air conditioning
1 bed
1 bath
$2,000
Apartment for rent
Available May 15
6h ago
Verified
500 West Camelback Road, Phoenix, AZ 85013
In-unit laundry | Walk-in closets | Ceiling fan
1–3 beds
1–2 baths
$1,696–$2,999
Apartment for rent
1d ago
Verified
3833 North 30th Street, Phoenix, AZ 85016
Assigned parking | Swimming pool | Controlled access
2 beds
1 bath
$1,475
Apartment for rent
2d ago
Verified
7750 North 12th Street, Phoenix, AZ 85020
Swimming pool | Package service | Outdoor space
3 beds
1 bath
$1,375–$1,499
Apartment for rent
4d ago
Verified
2 beds
2 baths
$1,875
Apartment for rent
2d ago
Verified
1 bed
1 bath
$899–$1,099
Apartment for rent
1h ago
Verified
1–3 beds
1–2 baths
$1,617–$2,324
Price drop
Apartment for rent
5h ago
Verified
15815 S Lakewood Pkwy W, Phoenix, AZ 85048
Garage parking | Swimming pool | Fitness center
1–3 beds
1–2 baths
$1,050–$4,275
Apartment for rent
5d+ ago
Verified
1–2 beds
1–2 baths
$1,386–$3,974
Apartment for rent
1d ago
Verified
1 bed
1 bath
$1,099
Apartment for rent
5d+ ago
Verified
1950 North 43rd Avenue, Phoenix, AZ 85009
Air conditioning | Swimming pool | Walk-in closets
Studio–1 bed
1 bath
$800–$900
Apartment for rent
Available Sep 10
12h ago
Verified
2 beds
1 bath
$1,195
Apartment for rent
4d ago
Verified
3710 East Mcdowell Road, Phoenix, AZ 85008
In-unit laundry | On-site laundry | Swimming pool
1 bed
1 bath
$999
Apartment for rent
3h ago
Verified
Studio–2 beds
1–2 baths
$1,095–$2,287
Apartment for rent
2d ago
Verified
1 bed
1 bath
$1,095–$1,195
Apartment for rent
4h ago
Verified
15425 North 25th Street, Phoenix, AZ 85032
In-unit laundry | Swimming pool | Dishwasher
2 beds
1 bath
$1,149
Apartment for rent
6h ago
Verified
3117 North 7th Avenue, Phoenix, AZ 85013
In-unit laundry | On-site laundry | Swimming pool
1–2 beds
1 bath
$1,099–$1,450
Apartment for rent
5d+ ago
Verified
1220 East Medlock Drive, Phoenix, AZ 85014
In-unit laundry | Air conditioning | Balcony
1–2 beds
1 bath
$1,249–$1,349
Apartment for rent
1d ago
Verified
743 East Coronado Road, Phoenix, AZ 85006
In-unit laundry | Assigned parking | Dishwasher
Studio–1 bed
1 bath
$1,150–$1,399
Apartment for rent
4d ago
Verified
1–2 beds
1 bath
$1,051–$1,500
Apartment for rent
Available Oct 15
4h ago
Verified
5401 E Thomas Rd, Phoenix, AZ 85018
In-unit laundry | Air conditioning | Garage parking
1–2 beds
1 bath
$1,045–$1,731
Apartment for rent
4h ago
Verified
2020 W Glendale Ave, Phoenix, AZ 85021
In-unit laundry | Air conditioning | Balcony
1–2 beds
1–2 baths
$1,199–$1,325
Apartment for rent
4h ago
Verified
1–3 beds
1–2 baths
$1,599–$3,199
Apartment for rent
7h ago
Verified
5535 West Mcdowell Road, Phoenix, AZ 85035
In-unit laundry | Air conditioning | On-site laundry
1–2 beds
1–2 baths
$980–$1,270
Price drop
Apartment for rent
4d ago
Verified
1–2 beds
1 bath
$1,060–$1,399
Apartment for rent
Available Oct 15
15h ago
Verified
4802 North 15th Avenue, Phoenix, AZ 85015
On-site laundry | Swimming pool | Residents lounge
1–2 beds
1 bath
$949–$1,149
Apartment for rent
5d+ ago
Verified
3 beds
2 baths
$1,749
Apartment for rent
2d ago
Verified
1–3 beds
1–2 baths
$1,199–$2,067
Apartment for rent
2h ago
Verified
5008 E Thomas Rd, Phoenix, AZ 85018
Air conditioning | Garage parking | On-site laundry
Studio–2 beds
1–2 baths
$914–$1,595
Apartment for rent
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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 | 7,384 |
|---|---|
| 💰Best rent deal | 1950 North 43rd Avenue |
| ✨Popular amenities | , , |
| 🧦In-unit laundry | |
| 🍽With dishwasher | |
| 🏠With photos |