Average Rent in 85014, Phoenix, AZ

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Current Versus Historical 85014, Phoenix, AZ Rents

85014 rentals average $2,390 for a studio rental to $4,500 for a 4-bedroom rental. The median price of all currently available listings is $1,825, or roughly $2 per square feet.
For the apartment units and housing in March 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $72 (-7.05%) year-over-year from $1,017 to $945. 1-bedroom rentals prices have decreased by $177 (-12.04%) year-over-year from $1,472 to $1,295. 2-bedroom rentals prices have decreased by $16 (-0.93%) year-over-year from $1,666 to $1,650. 3-bedroom rentals prices have increased by $139 (5.45%) year-over-year from $2,556 to $2,695. 4-bedroom rentals prices have decreased by $2,315 (-28.89%) year-over-year from $8,015 to $5,700. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 1.31% this month. 1-bedroom rents have gone down by 1.75% this month. 2-bedroom rents have gone up by 5.04% this month. 3-bedroom rents have gone up by 13.55% this month. 4-bedroom rents have gone up by 30.53% this month.
Beds
Price / Sqft
Mar 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.00 $945 $1,017 (-7.05%) $933 (1.25%)
1 BR $2.04 $1,295 $1,472 (-12.04%) $1,049 (23.41%)
2 BR $1.96 $1,650 $1,666 (-0.93%) $1,352 (22.03%)
3 BR $1.42 $2,695 $2,556 (5.45%) $2,158 (24.91%)
4+ BR $1.79 $5,700 $8,015 (-28.89%) $2,540 (124.42%)

Historical Rents in 85014, Phoenix, AZ

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 85014

There are a total of 13 cities nearby 85014. The average rent in 85014 is currently $2,573 per month. Our records show that Maricopa, AZ, with an average rent of $1,948, is the most affordable city nearby. In contrast, the most expensive city near 85014, Phoenix, AZ is Scottsdale, AZ. Monthly rents here are on average $4,500 per month.

Let's compare 85014, Phoenix, AZ's rent against other top cities nearby by bedroom size. Typically, rent for studios in 85014, Phoenix, AZ is 28.35% more expensive than other cities nearby. One bedrooms are about 4.42% more affordable. Two bedrooms in 85014, Phoenix, AZ are about 53.89% more affordable. Finally, rent for three bedrooms are about 10.52% more expensive. Want more information? Check out the top 10 cities out of 13 total cities near 85014, Phoenix, AZ in the following chart.
City Studio 1 Bed 2 Bed All
Mesa, AZ $2,653 $1,318 $1,649 $2,270
Glendale, AZ $995 $1,299 $1,800 $2,400
Tempe, AZ $3,204 $1,300 $1,645 $2,525
Phoenix, AZ $1,856 $1,500 $2,000 $2,573
Chandler, AZ $775 $1,670 $2,205 $2,697
Goodyear, AZ N/A N/A $3,000 $2,750
Fountain Hills, AZ $1,713 $1,650 $3,100 $2,900
Peoria, AZ $3,450 N/A $3,200 $2,900
Gilbert, AZ $6,031 N/A $3,000 $2,950
Scottsdale, AZ $2,450 $2,250 $3,600 $4,500

Top Neighborhoods Near 85014

There are a total of 2 neighborhoods in or near 85014. We've included all of these top 2 neighborhoods in or near 85014, Phoenix, AZ in the following chart.

The average rent for these 2 neighborhoods in or near 85014, Phoenix, AZ is currently around $5,325 per month. Meaning, only two neighborhoods have a higher average rent than $5,325. Interestingly, the neighborhoods' average rent is higher than 85014's average rent, which is only $1,825. Out of all the neighborhoods in or near 85014, McCormick Ranch has the most affordable average rent at $4,650 per month. Whereas, at $6,000 average rent per month, Greyhawk is the most expensive neighborhood in or near 85014. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
McCormick Ranch, Scottsdale, AZ $2,050 $2,295 $4,500 $4,650
Greyhawk, Scottsdale, AZ N/A N/A $4,880 $6,000

Top Counties Near 85014

There are a total of 2 counties located by 85014, Phoenix, AZ. The average rent for rentals in these counties is $3,100. That's roughly around $2 per sqft. The county that is the most affordable is Maricopa, AZ. It's average rent per month is $3,100. Vice versa, with an average rent of $3,100, Maricopa, AZ is the most expensive county by 85014, Phoenix, AZ.

Typically, rent for studios in 85014, Phoenix, AZ is 16.32% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 85014, Phoenix, AZ is 36.14% more affordable than other counties nearby. Finally, rent for two bedrooms in 85014, Phoenix, AZ is 46.19% more affordable than other counties nearby. We've listed the top 1 counties in the chart below.
County Studio 1 Bed 2 Bed All
Maricopa, AZ $2,000 $1,695 $2,850 $3,100

Top Zipcodes Near 85014

There are a total of 13 zipcodes in or near 85014, Phoenix, AZ. The average rent for all of these zipcodes is $4,350.

The following chart includes the top 10 zipcodes in 85014, Phoenix, AZ. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
85258, Maricopa County, AZ $2,050 $2,250 $3,900 $4,500
85251, Scottsdale, AZ N/A $2,650 $2,895 $3,250
85255, Scottsdale, AZ N/A N/A $4,500 $6,250
85260, Scottsdale, AZ $15,750 $1,775 $3,500 $3,980
85262, Maricopa County, AZ N/A N/A $5,750 $9,000
85254, Phoenix, AZ N/A $2,825 $3,000 $4,573
85018, Phoenix, AZ N/A $1,813 $2,875 $4,350
85250, Scottsdale, AZ N/A $2,013 $2,925 $3,600
85032, Phoenix, AZ N/A $2,525 $1,975 $2,525
85281, Tempe, AZ N/A $1,200 $1,495 $2,050

Frequently Asked Questions - 85014 Average Rents

What is the average rent price in 85014, Phoenix, AZ?
The average monthly rental price for 85014, Phoenix, AZ apartments for rent is approximately $1,825. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 85014, Phoenix, AZ rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 85014, Phoenix, AZ.
How much is a studio apartment in 85014, Phoenix, AZ?
The average monthly rental price for studio apartments is $2,390 and an average price per square feet of $2.00. There are a total of 4 studio apartment listings currently available for rent in 85014.
How much is a one bedroom apartment in 85014, Phoenix, AZ?
The average monthly rental price for one bedroom apartments is $1,245 and an average price per square feet of $2.04. There are a total of 10 one bedroom apartment listings currently available for rent in 85014.
How much is a two bedroom apartment in 85014, Phoenix, AZ?
The average monthly rental price for two bedroom apartments is $1,950 and an average price per square feet of $1.96. There are a total of 12 two bedroom apartment listings currently available for rent in 85014.
How have rent prices in 85014, Phoenix, AZ changed this year?
Rent prices for rentals in 85014, Phoenix, AZ can fluctuate yearly. Specifically, studio rental prices have changed by -0.07%, one bedroom rental prices have changed by -0.12%, two bedroom rental prices have changed by -0.01%, and three bedroom rental prices have changed by 0.05% year-over-year.
What is a reasonable rent price in 85014, Phoenix, AZ?
A reasonable rent price in 85014, Phoenix, AZ is around $1,460/month. You can search for these reasonably priced rental listings on RentHop.
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