Phoenix is one of the hottest rental markets in the country right now, and that’s not just because of the year-round warm temperatures. The city is also thriving economically – a hub of trendy independent shops and restaurants, bustling business parks, and hospitality venues – and yet it remains relatively affordable, particularly compared to other big metros around the U.S.
The average Phoenix rental cost is $815 a month while for a two-bedroom you’ll pay $885 on average, according to data from Yardi Matrix.
What Can You Rent in Terms of Two-Bedroom Apartments in Phoenix Right Now?
If you’re searching for a great Phoenix apartment with two bedrooms, consider these 5 distinctive options, all providing a great bang for the buck.
1. Maya Linda, North Mountain, $642, 879 Square Feet
This North Mountain apartment community provides renters with tremendous economic value. With an ideal central Phoenix location, life at Maya Linda includes classic Spanish-style architecture including a charming red-tiled roof, as well as a pool view from many units. The all-electric kitchens are fully equipped with appliances, and many of the units at Maya Linda also offer private outdoor patios or balconies.
2. Red Mountain Villas, Camelback East, $760, 793 Square Feet
Red Mountain Villas offers an environment of tranquility, with a professionally landscaped property that includes not only idyllic palm trees but also scenic streams and waterscapes. Located next to the Papago Peaks Golf Course, the community boasts resort-style amenities including six pools, four spas, indoor racquetball, and a sand volleyball court. Enjoy the outdoors on the property’s hiking and biking trails, visit the lovely koi pond, or escape to the nearby Papago Park or the McDowell Sonoran Preserve for some amazing adventures.
3. Verde, Desert View, $1,199, 1,000 Square Feet
Located in the North Scottsdale area of the Phoenix Metro, Verde is a luxuriously appointed rental community. The units feature open-concept layouts, wood-inspired floors and oversized soaking tubs in the bathrooms. The apartments also include installed security alarms and low-glare energy-efficient windows. Property amenities include an on-site café and coffee bar, concierge service, and a stylish outdoor entertaining space with grilling stations.
4. Pavilions on Central, Encanto, $1,150, 984 Square Feet
Contemporary style and a central location come together at Pavilions on Central. This community offers a combination of townhome and loft floorplans, where upscale finishes include solid quartz countertops, hardwood flooring, and glass tile backsplashes in the kitchens. The gourmet kitchens also feature high-end stainless steel appliances, while the homes are appointed with eco-friendly, energy-efficient lighting and windows. There’s a lively atmosphere at Pavilions on Central thanks to the frequent social events for residents; moreover, this Midtown community is close to hiking and biking as well as sporting venues.
5. 44 Monroe, Central City Phoenix, $2,280, 1,394 Square Feet
If you’re looking for a taste of fine urban living, take a look at 44 Monroe. Located in exciting Central City Phoenix, this contemporary high-rise luxury apartment tower has homes with airy, urban loft designs that include sleek granite countertops, top-of-the line appliances, and upscale finishes. Oh, did we mention the views? Among a series of premier amenities, the community features amazing panoramic views of Downtown Phoenix.
For more great 2-bedroom apartments in Phoenix and many other property types, visit RentCafe.com today.