Apartments for Rent in Coronado, Phoenix, AZ

Coronado, Phoenix apartment availability

Coronado's rental market offers a good selection of listings, with an average of 19 rentals available each month. The neighborhood's inventory is relatively balanced, with a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as some studios. Many Coronado apartments offer desirable amenities, including in-unit laundry, available in about 54% of rentals, and outdoor spaces, found in around 74% of listings. Additionally, nearly half of the apartments in Coronado allow small pets, making it a suitable option for renters with furry companions.

Coronado, Phoenix rental market trends

The Coronado neighborhood in Phoenix saw a significant increase in rent prices last year, with an average monthly rent of $1,965, representing a 16.9% year-over-year increase. Breaking it down by bed count, 1-bedrooms averaged $1,379 per month, with a slight decrease of 1.3% from the previous year. In contrast, 2-bedrooms experienced a 16.1% increase, with an average rent of $2,261. The average rent for 3-bedrooms surged by 95.8% to $4,676, while studios decreased by 3.9% to $1,062.

The rental market in Coronado tends to fluctuate throughout the year, with December typically seeing the highest rent prices, 48.2% higher than February, the month with the lowest rent. If you're looking for a new apartment, February might be a good time to find a deal. However, be prepared for a competitive market in December, when prices are at their highest. Keep in mind that these trends can help you navigate the market, but it's essential to stay flexible and adapt to changing conditions.

Why Coronado, Phoenix is a great place to live

Coronado is a top choice for renters prioritizing social living and environmental sustainability. According to 2024 data, Coronado's apartments often feature eco-friendly amenities like non-toxic paint, waste recycling, and low-flow fixtures, making it an ideal spot for those seeking a green lifestyle. The neighborhood's walk score, transit score, and abundance of parks and recreation areas further support sustainable living. Coronado's social scene is also thriving, with a variety of restaurants, a strong walk score, and reliable transit options, making it easy to get out and connect with friends. With its emphasis on community solar projects and sustainable materials construction, Coronado offers a unique blend of social responsibility and urban convenience.