Apartments for Rent in Phoenix, IL

Prices and availability in Phoenix, IL were last updated on 20 Aug 2026.

The best apartment in Phoenix, IL is: 545 E 154th PL.

In Phoenix 34% of the housing is rented out compared to 66% of homes are owned, according to the most recent Census Bureau estimates. 13% of Phoenix's apartments are found in large buildings of 50 units or more, 39% are located in smaller apartment complexes with less than 50 units, and 48% are single-family rentals.

The average age of rental buildings in Phoenix is 31 years old, with 69% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 8 stories, of which 18% are garden-style apartment communities, 44% are mid-sized buildings, and 38% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Phoenix come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 77% of the total apartments in the city, while 2-bedroom floorplans represent around 17% of all rentals in Phoenix. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.