Phoenix continues to be an attractive destination to move to, especially for Millennials. In 2021, Phoenix had 39% more rental applications from Millennials who earn over $50,000. As home prices encourage members of this generation to embrace renting, Phoenix is ready to meet the demand, thanks to a surge in new apartments delivered this year alone.
The Phoenix metro is the one to watch this year, coming in third with nearly 16,000 new apartments expected to be delivered this year. The metro had a quick and impressive climb to the top — in 2020, Phoenix was in 8th place nationally after taking 15th in 2019.
Phoenix, the most notable metro, is projected to build a whopping 15,846 new units this in 2021 — considerably more than its deliveries in past years. Currently witnessing a housing boom and a population increase of 2.1%, the metro is set to meet the demand for new apartments in the area.
Five of the nation’s largest renter hubs are also among the 30 hottest apartment markets, and they’re all from the South and Southwest. Phoenix, AZ, made it to the ranking, with a competitive score of 39.5. The Arizona job hub’s rapid growth has attracted an increasing number of renters from surrounding states over the past few years. Most recently, the market’s rising tech sector has prompted a new nickname for the area, the Silicon desert, while the local economy weathered the pandemic better than in other large markets.
Phoenix’s average rent ($1,182) is still going strong, registering the most significant yearly surge among the nation’s 30 largest cities, 5.5%.
Look for 4 bedroom apartments near me
Looking to upgrade to a 4 bedroom apartment in the same area? You can filter and browse for 4 bedroom apartments nearby and see what catches your eye in your neighborhood or your ZIP code. Still not quite satisfied with your options? You can expand your search to cover your entire city or even go state-wide. If staying close to places and people that complete your life is important to you, make sure to compare locations in addition to size, rent price and amenities of various listings in your area. And don’t forget to check out reviews from verified residents to see what others say about the property and its location near you.
The reasons for checking out 4 bedroom apartments nearby may vary from renter to renter, which shows how versatile this specific layout is. Maybe you’re looking to raise your children in the same area you grew up in. Or maybe you’re planning to move in with friends and still stay close to everything relevant to your clique’s interests. Maybe you just like sticking to what you know. Whatever the reason, RentCafe can facilitate your search for the right 4 bedroom apartment near you.
Frequently Asked Questions
What is the price of a 4 bedroom apartment in Phoenix, AZ?
How many 4 bedroom apartments for rent are available in Phoenix, AZ on RentCafe?
There are 50 4 bedroom rentals available on RentCafe. Prices and availability in Phoenix, AZ were last updated on 21 May 2022.
What is the average size of a 4 bedroom apartment in Phoenix, AZ?
The average Phoenix, AZ 4 bedroom apartment size is 1,836 sq. ft.
Why rent a 4 bedroom apartment in Phoenix, AZ?
Renting a 4 bedroom apartment comes with ample space compared to a 2 or 3 bedroom unit, which makes it perfect for families or sharing the space with roommates.
What are the downsides of renting a 4 bedroom apartment in Phoenix, AZ?
The extra space comes with higher utility costs and a pricier rent compared to a 2 or 3 bedroom unit. You might be interested in browsing all RentCafe
apartments for rent in Phoenix, AZ.
Renting a 4 bedroom apartment in Phoenix, AZ
Once the idea gets inside your mind, you cannot unthink it: your current Phoenix apartment feels too small. Maybe you’ll soon be welcoming a new family member, or maybe the friend who used to crash at your place is becoming a permanent addition to your renter life. Perhaps you’re now able to work from home for an extended period of time and plan on creating your very own home office. Or the kids would benefit more from a separate study room where they can focus better. Maybe that study room can double as a toy room so that your place stops resembling a daycare. Whether you’re looking to upgrade from 2 or 3 bedrooms to a 4 bedroom apartment in Phoenix, AZ, or simply want to trade your current 4 bedrooms for another spacious apartment, RentCafe is here to make the transition easier.
The more space, the better
With 23 4 bedroom apartments in Phoenix, there are enough spacious rentals perfectly suited for growing families or roommates. The best part is that all those rooms are not necessarily for sleeping! Turning one of the bedrooms into a guest room is often the go-to decision, but all that extra space comes with the perk of getting creative and making over other rooms. Whether you need the extra space for work or school purposes or want to make your game-room fantasy come true, a 4 bedroom apartment has all you need. Young professionals and college students looking for 4 bedroom apartments in Phoenix, AZ can rest assured that there are many options that come with cool amenities in the location of their choice.
Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!