Apartments for Rent in Phoenix, AZ
2,993 Rentals Available

Q: What are the best apartments in Phoenix, AZ?

The best apartments in Phoenix, AZ are: S29 , Boulders at Lookout Mountain , Roosevelt Square , Urban 148 and Seventh Apartments .

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Local Guides for Renters

Top Neighborhoods in Phoenix

There’s a reason why “location, location, location” is every realtor’s mantra. And, when considering a move to Phoenix, AZ, it’s important to review and assess the different areas and neighborhoods in order to find...
7 Great Things to Do in Phoenix

Year-round warmth, historical sites, modern architecture, hundreds of entertainment options and emerging business opportunities — what’s not to love in Phoenix? This unique desert metro has rightfully gained its “Valley of the...
Best Restaurants in Phoenix

Aside from location, price and quality of living, good food and restaurants are usually a top selling-point for any city. And, while each region brings specific dishes to the table, the South is generally known as the hotspot...

Best Steakhouses in Phoenix

Sometimes, we stick to our New Year’s resolutions and go for nutritious salads; other times, we carpe diem and let ourselves crave a big, juicy steak. It’s called balance. And, if you’re a Phoenix local or are interested in...

Phoenix, AZ in the News

Would-Be Millennial Homebuyers Fuel the Rise of Lifestyle Renting in 2021

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.

Despite Challenges, 2021 New Apartment Construction Tops 330,000 for Fifth Consecutive Year

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.

The Hottest Rental Markets in the U.S.: Mid-sized Hubs Take the Lead in Competivity

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.

Year-End Report 2020: Rental Season Delayed and Cut Short, Gen Z Renters Overtake Gen X, and Big City Rents Drop

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%.

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Frequently Asked Questions

When were prices and availability in Phoenix, AZ last updated?

Prices and availability in Phoenix, AZ were last updated on 24 May 2022.

What are the best apartments in Phoenix, AZ?

The best apartments in Phoenix, AZ are: S29, Boulders at Lookout Mountain, Roosevelt Square, Urban 148 and Seventh Apartments.

What is the average rent in Phoenix, AZ?

The average rent in Phoenix, AZ is $1,547. Start your search for apartments in Phoenix, AZ now.

What is the price range for a studio apartment in Phoenix, AZ?

The price range for a studio apartment in Phoenix, AZ is between $408 and $4,416. View all studio apartments in Phoenix, AZ.

What is the price range for a 1-bedroom apartment in Phoenix, AZ?

The price range for a 1-bedroom apartment in Phoenix, AZ is between $356 and $8,581. Browse all available 1-bedroom apartments in Phoenix, AZ now.

What is the price range for a 2-bedroom apartment in Phoenix, AZ?

The price range for a 2-bedroom apartment in Phoenix, AZ is between $497 and $9,967. Browse and find a 2-bedroom apartment in Phoenix, AZ.

What is the price range for a 3-bedroom apartment in Phoenix, AZ?

The price range for a 3-bedroom apartment in Phoenix, AZ is between $516 and $10,577. Browse all available 3-bedroom apartments in Phoenix, AZ.

Renter's guide to Phoenix, AZ

Located in central Arizona, Phoenix is the state’s capital city. Its metropolitan area, often called the Valley of the Sun, also includes nearby towns like Mesa, Chandler, Scottsdale, and Tempe. Phoenix is known for its subtropical desert climate, thanks to its location right along the northeastern side of the Sonoran Desert. It is the cultural center of Arizona.

As the largest city in Arizona, Phoenix boasts a desert-like feel with all the amenities of a big city. It is the 5^th fastest growing city in the entire nation, having added approx. 25,000 residents from 2014 to 2015.

Boasting more than 1.5 million residents, Phoenix is the sixth-most populous city in the U.S. and the single largest city in Arizona. Phoenix proper encompasses 517 square miles of land – making it about 4 times the size of Las Vegas - while the entirety of the Phoenix metropolitan area includes more than 14,000 square miles.

There are many big cities within driving distance of Phoenix. Las Vegas is about 300 miles away, making it a mere few hours’ drive between the cities. From nearby Sedona and Tucson, it’s only about 100 miles, and from Dallas, Phoenix is 1,000 miles – or a 15-hour drive. For further distances, the Phoenix airport – Phoenix Sky Harbor International – offers national and international flights on more than 15 airlines.

Phoenix has a desert climate, meaning it has long, hot summers and short, very mild winter seasons. In the summer (June-September), temperatures average from 104 to 100. Winter, spring, and fall are slightly cooler, averaging between 66 and 95. On average, Phoenix has more 100-plus degree days than any other city in the country. It has very little rainfall.

Phoenix, AZ Demographics

Total Population1,658,422
Female 828,085

Male 830,337
Median Age33.9

Phoenix, AZ has a population of 1,658,422 according to the most recent data from the U.S. Census Bureau. 830,337 of Phoenix’s residents are women and 828,085 are men. The median age of those who live in Phoenix, AZ is 33.9.

Cost of Living in Phoenix, AZ

On average, living in Phoenix is more affordable than most major cities in the U.S. In late 2015, it was actually named the eighth most affordable U.S. city to buy a house in.

Phoenix offers several public transportation options, including buses and a light rail system. Fares for the Phoenix light rail and buses range from $2 for a one-time ride to $64 for a 31-day pass. The city offers reduced fares for seniors, disabled persons, children and Medicare cardholders. For those who choose to drive themselves, commute times for Phoenix residents are on par with the national average. They spend about 25 minutes driving to work.

How Much is a Meal in Phoenix?

A meal for two in a mid-range Phoenix restaurant will run about $50. A regular cappuccino costs just over $4, while a one-pint draft beer is about $3. Some of the top restaurants in Phoenix include Durant’s, Lo-Lo’s Chicken & Waffles, Rusconi’s, and Fuego Bistro. Craving for a delicious veggie burger? Check out Green New American Vegetarian - Tempe and Phoenix’ 100% vegan restaurant!

Utility Costs in Phoenix

Phoenix residents tend to pay more in utilities than the average American, simply due to the greater need for year-round air conditioning. The average cost for electricity, heating, water, and garbage is about $182 a month, whereas the national average for a 915-square-foot apartment is $146 a month.

Average Rent in Phoenix, AZ

Phoenix, AZ Average Rental Price, February 2022 $1,547 ^/mo

The average monthly rent of apartments in Phoenix, AZ is $1,547.

Phoenix, AZ Apartment Rent Ranges

About 40% of apartment rents in Phoenix, AZ range between $1,501-$2,000. Meanwhile, apartments priced over > $2,000 represent 12% of apartments. Around 40% of Phoenix’s apartments are in the $1,001-$1,500 price range. 8% of apartments are priced between $701-$1,000.

Phoenix, AZ Rent Trends

Average Rent	Nov / 2018	Mar / 2019	Jul / 2019	Nov / 2019	Mar / 2020	Jul / 2020	Nov / 2020	Mar / 2021	Jul / 2021	Nov / 2021	Feb / 2022
Phoenix, AZ	$1,014	$1,041	$1,082	$1,114	$1,148	$1,148	$1,182	$1,228	$1,363	$1,477	$1,547
National	$1,362	$1,367	$1,399	$1,407	$1,409	$1,399	$1,403	$1,412	$1,495	$1,591	$1,628

Compared to the national average rent of $1,628, the average rent in Phoenix, AZ is $1,547.

Check out the average rent prices in Phoenix by neighborhood.

Living in Phoenix, AZ

With a population jump of more than 8 percent between 2010 and 2015, there’s a reason why Phoenix is the second-fastest growing city in the country. Learn more about what moving to – and living in – Phoenix is really like.

Living in Phoenix – Pros and Cons
Like any city, Phoenix has its pros and cons. On the good side, it’s always sunny and rarely ever rainy, there are few bugs and in-home pests, and it’s close to Nevada, New Mexico, and California, making road trips and vacations a breeze. The city is also known for having very clean roads and a great selection of restaurants and shops.

The hot temperatures and arid climate are the city’s main disadvantages, as they make the summer season pretty uncomfortable for many residents. Many in Phoenix also yearn for the foliage and flora often seen in other major cities.

Things to do in Phoenix, AZ

Phoenix, like most major U.S. cities, is full of things to do for all ages.
Phoenix is known for its many stately mountains, like Camelback Mountain, Piestewa Peak, and South Mountain. Each offers a great view and plenty of hiking and climbing opportunities. Chase Field, where the Arizona Diamondbacks play, is also a top commodity during baseball season.
One of the best things to do in Phoenix is to catch a Phoenix Suns game. The well-known NBA team plays at Talking Stick Resort Arena from October through May (longer if they make the playoffs!)
If you’ve got kids, the fun never stops in Phoenix. Just a few of its many kid-friendly attractions include the Phoenix Zoo, the Wet and Wild water park, and the Arizona Science Center, which offers an IMAX theater, a planetarium and hands-on exhibits.
For those in need of a good date night, Phoenix has plenty to offer. The Phoenix Symphony is a romantic option for music lovers, while Equinox Hot Air Balloon Rides are a great choice for the adventurous types. Castles N’ Coasters is fun option as well, offering rides, mini golf and an arcade.
If you’re on a tight budget, you’re in luck: Phoenix has plenty for the strapped-for-cash. Outdoorsy types can take a hike around Camelback Mountain, snapping photos or just getting in a great workout. For the more artsy folk, the Phoenix Art Museum offers free admission every Wednesday from 3 to 9 pm.
Phoenix is home to a few annual events, including the Phoenix Comicon, the Phoenix Marathon, the Arizona State Fair and Phoenix Zoo Lights, a holiday celebration boasting 3D light sculptures, holiday music, ice sculpting, camel rides and more.

Filled with numerous mountains and outdoor wonders, Phoenix is home to a number of must-see parks and outside attractions. Some of the tops include the Desert Botanical Garden, Camelback Mountain, South Mountain Park, and the Japanese Friendship Garden, a beautiful tea garden and tea house. As for shopping, the Desert Ridge Marketplace and Biltmore Fashion Park are the area’s top malls, while CityScape Phoenix offers everything from dining and shopping to bowling, comedy and more.

Culture in Phoenix
Culture abounds in Phoenix, as the city is home to dozens of museums, parks, theaters, publications and more. The Phoenix Art Museum and Musical Instruments Museums are popular stops, while the Phoenix Theatre offers dramatic plays and presentations year-round. The Heard Museum of American Indian Art and History is a must-visit, especially for those who seek to understand the multi-faceted spirit of Phoenix.

The city is served by a number of news publications, including the Phoenix New Times, the Arizona Republic and the Phoenix Business Journal. PropertyShark named Phoenix No. 14 on its list of most cultured cities in the U.S.

Phoenix, AZ employment & economy

The main industries in in Phoenix are manufacturing and tourism, and as the city grows, the technology and service sectors expand as well. Many major companies call Phoenix home, including Best Western, DriveTime, Knight Transportation, Jobing.com, PetsMart, Sprouts Farmers Market, P.F. Chang’s, and Universal Technical Institute. Top employers in the area include the State of Arizona, the City of Phoenix, Wal-Mart, Banner Health, and Wells Fargo.

Phoenix, AZ Households

Total Number of Households580,835
Family 370,384

Non-family 210,451
Children 207,741

No Children 373,094

Average People Per Household2.82
Median Household Income$60,914
Median Housing Costs Per Month$1,141

According to U.S. Census data, there are 580,835 households in Phoenix, AZ. 370,384 are family households and 210,451 are non-family households. There are 207,741 households with children in Phoenix and 373,094 households without children. On average, about 2.82 people live in a household in Phoenix, AZ. The median income of a Phoenix household living in Phoenix is $60,914 per year. The median housing costs per month are $1,141.

Education in Phoenix, AZ

A total of 325 public schools in 30 school districts serve the Phoenix area, along with more than 200 charter and private schools. One of the largest high school districts in the country, the Phoenix Union High School District comprises 16 schools, over 27,000 students, and nearly 3,000 employees.

As for higher education, the city is home to a number of colleges and universities, including Arizona State University, Phoenix College, Grand Canyon University, and the University of Phoenix, a college well-known for its online programs across the country.

Phoenix, AZ Education Statistics

The level of education of the population of Phoenix, AZ is as follows: 7% have no high school education, 34% completed some high school, 25% partially completed college, 7% have an Associate Degree, 17% have a Bachelor Degree, and 9% have a Graduate Degree.

Tips for renting in Phoenix, AZ

Phoenix renters are protected under the Residential Landlord & Tenant Act, which defines landlord and tenant obligations and prohibits landlords from retaliating against their renters. The city also offers landlord-tenant counseling and free educational workshops for renters.

If you’re moving from Dallas to Phoenix, you might be surprised to learn that security deposits are capped. Landlords can only charge you 1.5 month’s rent and it must be returned within 14 days after moving out. In Texas, there is no limit to security deposits, and they can be returned as late as 30 days after move-out.

Most Expensive Rental
Bayside Phoenix Apartments $1,539 - $10,521
Least Expensive Rental
Tanner Manor $356 - $777

RentCafe is your one-stop shop for finding a great new apartment in Phoenix, AZ. Easily search through a wide selection of apartments for rent in Phoenix, AZ, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Phoenix, AZ apartments with rents starting from $356 and submit your rental application today!

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Apartments for Rent in Phoenix, AZ 2,993 Rentals Available

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