Phoenix, AZ Rental Market Trends
What is the average rent in Phoenix?
The average rent for an apartment in Phoenix is $1,522. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Phoenix, AZ
Average Rent | Average Apartment Size |
---|---|
$1,522 | 810 sq. ft. |
What is the average apartment size in Phoenix?
The average size for a Phoenix, AZ apartment is 810 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Phoenix, AZ apartment rent ranges
Phoenix, AZ Occupied Housing Units
257,538 or 44% of the households in Phoenix, AZ are renter-occupied while 333,631 or 56% are owner-occupied.
Phoenix, AZ rent trends
Average Rent in Phoenix, AZ By Neighborhood
City | Average Rent |
---|---|
Downtown Phoenix | $1,962 |
Desert View | $1,876 |
Amber Hills | $1,828 |
Carefree Crossing | $1,828 |
Dynamite Mountain Ranch | $1,828 |
Riordan Ranch | $1,828 |
Sonoran Foothills | $1,828 |
Ahwatukee Foothills | $1,697 |
Valley Vista | $1,670 |
South Mountain Highland Terrace | $1,662 |
Apache Peak | $1,655 |
Desert Hills | $1,655 |
La Salle Heights | $1,655 |
North Gateway | $1,655 |
Tramonto | $1,655 |
Central City | $1,650 |
Encanto Village | $1,621 |
Biltmore | $1,570 |
Camelback East | $1,521 |
Paradise Valley Village | $1,494 |
East Phoenix | $1,444 |
Deer Valley Village | $1,388 |
Maryvale | $1,343 |
Estrella Village | $1,332 |
North Mountain Village | $1,330 |
Alhambra | $1,271 |
What are the most affordable neighborhoods in Phoenix?
The most affordable neighborhoods in Phoenix are Alhambra, where the average rent goes for $1,271/month, North Mountain Village, where renters pay $1,330/mo on average, and Estrella Village, where the average rent goes for $1,332/mo. If you’re looking for other great deals, check out the listings from Maryvale ($1,343), Deer Valley Village ($1,388), and East Phoenix ($1,444), where the asking prices are below the average Phoenix rent of $1,522/mo.
What are the most expensive neighborhoods in Phoenix?
The most expensive neighborhoods in Phoenix are Sonoran Foothills ($1,828), Desert View ($1,876) and Downtown Phoenix ($1,962).
What are the most popular neighborhoods in Phoenix?
The most popular neighborhood in Phoenix is Deer Valley Village, where there are 44 listings with an average rent of $1,388. Next up is Camelback East, where apartments go for $1,521/month, followed by North Mountain Village with $1,330 If you’re looking to rent in Phoenix’s most popular neighborhoods, make sure to also check out Alhambra, where renters pay $1,271 on average, and South Mountain Highland Terrace, where the average monthly rent is $1,662.
Phoenix | Rent Comparison by Neighborhood
Rent in Ahwatukee Foothills is 34% higher than in Alhambra
Ahwatukee Foothills rent is 11% higher than Phoenix average
Alhambra rent is 16% lower than Phoenix average
How Phoenix Compares to Other Cities
State | Average Rent |
---|---|
Phoenix | $1,522 |
Tucson | $1,297 |
Mesa | $1,489 |
Glendale | $1,464 |
Scottsdale | $2,043 |
Tempe | $1,891 |
Chandler | $1,769 |
Surprise | $1,783 |
Peoria | $1,645 |
San Tan Valley | $1,901 |
Gilbert | $1,820 |
Goodyear | $1,699 |
Avondale | $1,595 |
Buckeye | $1,881 |
Queen Creek | $1,827 |
Laveen | $1,876 |
Apache Junction | $1,675 |
What is the average price for a storage unit in Phoenix?
The average rent for a non-climate-controlled 10'x10' storage unit in Phoenix is $133.72. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.