Phoenix, AZ Demographics
- Total Population1,574,421
Female 784,828Male 789,593
- Median Age33.3
Average Rent in Phoenix, AZ
- Phoenix, AZ Average Rental Price, May 2019$1,014/mo
Phoenix, AZ Apartment Rent Ranges
- > $2,0001%
Phoenix, AZ Rent Trends
|Jan / 2016||May / 2016||Sept / 2016||Jan / 2017||May / 2017||Sept / 2017||Jan / 2018||May / 2018||May / 2019|
Average rent is projected to grow by 5% in 2018 compared to 2017.
Please note that projected rent growth is calculated at city level.
Average rent values on this page are aggregated from data from the following zip codes: 850038500485006850078500885009850128501385014850158501685017850188501985020850218502285023850248502785028850298503185032850338503485035850378504085041850428504385044850458504885050850518505385054850838508585086
Phoenix, AZ Households
- Total Number of Households544,022
Family 345,463Non-family 198,559
Children 195,746No Children 348,276
- Average People Per Household2.86
- Median Household Income$52,080
- Median Housing Costs Per Month$1,023
Phoenix, AZ Education Statistics
- No High School8%
- Some High School35%
- Some College25%
- Associate Degree7%
- Bachelor Degree16%
- Graduate Degree9%
Renting apartments in Phoenix, AZ under $500
Searching for apartments for rent in Phoenix, AZ under $500 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RENTCafé can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away.
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Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $500” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Phoenix, AZ. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition.