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3 Bedroom Apartments for Rent in Phoenix, AZ - 274 Rentals available

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Phoenix, AZ Demographics

  • Total Population1,610,071
  • Female 801,937
    Male 808,134
  • Median Age33.5

Average Rent in Phoenix, AZ

  • Phoenix, AZ Average Rental Price, February 2020 $1,141 /mo

    Phoenix, AZ Apartment Rent Ranges

    • $501-$7004%
    • $701-$1,00036%
    • $1,001-$1,50049%
    • $1,501-$2,0009%
    • > $2,0002%

    Phoenix, AZ Rent Trends

    Average Rent Nov / 2016 Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Feb / 2020
    Phoenix, AZ $893 $905 $931 $937 $955 $991 $1,014 $1,041 $1,082 $1,114 $1,141
    National $1,340 $1,337 $1,368 $1,371 $1,374 $1,408 $1,417 $1,422 $1,458 $1,466 $1,468
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    Phoenix, AZ Households

    • Total Number of Households555,013
    • Family 353,095
      Non-family 201,918
    • Children 199,160
      No Children 355,853
    • Average People Per Household2.87
    • Median Household Income$54,765
    • Median Housing Costs Per Month$1,064

    Phoenix, AZ Education Statistics

    • No High School8%
    • Some High School34%
    • Some College25%
    • Associate Degree7%
    • Bachelor Degree16%
    • Graduate Degree9%

    Renting a 3 bedroom apartment in Phoenix, AZ

    Upgrading to a 3 bedroom apartment can have its pros and cons. Most renters who are looking for a three bedroom rental is because they need extra space for a home office, or for a child. This size apartment is also practical to share with roommates as it actually saves money on rent when 3 or 4 people get together to rent a 3 bedroom unit. They are very spacious, averaging around 998 Sqft. Or you can get even more space if you select “3+” beds in the top menu. The only down side is that they cost more. In Phoenix, AZ, rents on 3 bedroom apartments go up to $8,795. 149 rental properties offer 3 bedroom units in Phoenix, AZ to choose from. You are more likely to find 3 bedroom apartments in primarily residential neighborhoods, away from business districts and urban cores.

    Tips on finding a cheap 3 bedroom apartment in Phoenix, AZ

    For most renters, the cost of rent is the major pain point. The larger the apartment, the more money comes out of their pocket. For that reason, cheap 3 bedroom apartments are in high demand and hard to come by. Though rent prices can go as low as $830 in Phoenix, AZ, the market is still tight. But with a little diligence and some handy search tools, you will find an affordable apartment. Try an area that’s further away from the main city attractions, or try an older building that may have cheaper apartments and a ton of charm. Try searching in more affordable neighborhoods, like Estrella Village or another nearby. Sometimes lower-priced residential areas have diversity and ethnic authenticity that lend them a lot of character and color.

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!