Average Rent in 85018, Phoenix, AZ

Current Versus Historical 85018, Phoenix, AZ Rents

85018 rentals average $1,600 for a 1-bedroom rental to $12,000 for a 4-bedroom rental. The median price of all currently available listings is $3,985, or roughly $2 per square feet.

For the apartment units and housing in April 2024, median rents have fallenover the last year. Studio rentals prices have decreased by $257 (-22.29%) year-over-year from $1,152 to $895. 1-bedroom rentals prices have decreased by $98 (-7.36%) year-over-year from $1,336 to $1,238. 2-bedroom rentals prices have decreased by $29 (-1.56%) year-over-year from $1,867 to $1,838. 3-bedroom rentals prices have increased by $494 (19.15%) year-over-year from $2,581 to $3,075. 4-bedroom rentals prices have decreased by $1,694 (-18.69%) year-over-year from $9,067 to $7,373. 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 18.77% this month. 1-bedroom rents have gone down by 4.99% this month. 2-bedroom rents have gone up by 4.85% this month. 3-bedroom rents have gone up by 7.64% this month. 4-bedroom rents have gone down by 11.08% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$2.30	$1,238	$1,336 (-7.36%)	$1,159 (6.82%)
2 BR	$2.09	$1,838	$1,867 (-1.56%)	$1,449 (26.84%)
3 BR	$1.93	$3,075	$2,581 (19.15%)	$2,724 (12.89%)
4+ BR	$2.82	$7,373	$9,067 (-18.69%)	$3,467 (112.67%)

Historical Rents in 85018, Phoenix, AZ

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 85018

There are a total of 12 cities nearby 85018. The average rent in 85018 is currently $2,725 per month. A total of 11 cities nearby have an average rent lower than that. Our records show that Mesa, AZ, with an average rent of $2,200, is the most affordable city nearby. In contrast, the most expensive city near 85018, Phoenix, AZ is Scottsdale, AZ. Monthly rents here are on average $4,500 per month.

Let's compare 85018, Phoenix, AZ's rent against other top cities nearby by bedroom size. Typically, rent for studios in 85018, Phoenix, AZ is inf% more affordable than other cities nearby. One bedrooms are about 17.66% more expensive. Two bedrooms in 85018, Phoenix, AZ are about 9.58% more expensive. Finally, rent for three bedrooms are about 16.02% more expensive. Want more information? Check out the top 10 cities out of 12 total cities near 85018, Phoenix, AZ in the following chart.

City	Studio	1 Bed	2 Bed	All
Mesa, AZ	$2,865	$1,285	$1,695	$2,200
Glendale, AZ	$950	$1,075	$1,650	$2,475
Phoenix, AZ	$1,647	$1,350	$1,995	$2,518
Goodyear, AZ	N/A	N/A	$3,500	$2,700
Peoria, AZ	$3,450	N/A	$3,100	$2,750
Chandler, AZ	$775	$1,680	$1,900	$2,799
Tempe, AZ	$1,719	$1,375	$1,600	$2,800
Gilbert, AZ	$6,031	N/A	$2,625	$2,800
Fountain Hills, AZ	$1,713	$2,750	$2,800	$2,900
Scottsdale, AZ	$2,400	$2,298	$3,500	$4,500

Top Neighborhoods Near 85018

There are a total of 2 neighborhoods in or near 85018. We've included all of these top 2 neighborhoods in or near 85018, Phoenix, AZ in the following chart.

The average rent for these 2 neighborhoods in or near 85018, Phoenix, AZ is currently around $5,000 per month. Meaning, only two neighborhoods have a higher average rent than $5,000. Interestingly, the neighborhoods' average rent is higher than 85018's average rent, which is only $3,985. Out of all the neighborhoods in or near 85018, McCormick Ranch has the most affordable average rent at $4,500 per month. Whereas, at $5,500 average rent per month, Greyhawk is the most expensive neighborhood in or near 85018. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
McCormick Ranch, Scottsdale, AZ	$2,000	$2,350	$4,500	$4,500
Greyhawk, Scottsdale, AZ	N/A	$1,823	$4,500	$5,500

Top Counties Near 85018

There are a total of 2 counties located by 85018, Phoenix, AZ. The average rent for rentals in these counties is $3,000. That's roughly around $2 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Maricopa, AZ. It's average rent per month is $3,000. Vice versa, with an average rent of $3,000, Maricopa, AZ is the most expensive county by 85018, Phoenix, AZ.

Typically, rent for studios in 85018, Phoenix, AZ is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 85018, Phoenix, AZ is on par with the other counties nearby. Finally, rent for two bedrooms in 85018, Phoenix, AZ is 13.33% more expensive than other counties nearby. We've listed the top 1 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Maricopa, AZ	$1,704	$1,600	$2,600	$3,000

Top Zipcodes Near 85018

There are a total of 14 zipcodes in or near 85018, Phoenix, AZ. The average rent for all of these zipcodes is $3,600. A total of 8 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 85281, Tempe, AZ at $2,400 per month. In comparison, the zipcode with the most expensive average rent of $10,950 per month is 85253, Paradise Valley, AZ.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 85018, Phoenix, AZ is $1,875 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,300 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in 85018, 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	$2,000	$2,350	$3,500	$4,225
85251, Scottsdale, AZ	N/A	$2,450	$2,588	$3,000
85255, Scottsdale, AZ	N/A	$1,850	$4,500	$5,950
85260, Scottsdale, AZ	N/A	$1,600	$3,500	$3,800
85262, Maricopa County, AZ	N/A	N/A	$5,750	$9,000
85254, Phoenix, AZ	N/A	$2,925	$3,050	$5,000
85250, Scottsdale, AZ	N/A	$3,050	$2,800	$3,400
85281, Tempe, AZ	N/A	$1,395	$1,595	$2,400
85032, Phoenix, AZ	N/A	$1,900	$1,650	$2,450
85253, Paradise Valley, AZ	N/A	$2,700	$3,500	$10,950

Frequently Asked Questions - 85018 Average Rents

What is the average rent price in 85018, Phoenix, AZ?

The average monthly rental price for 85018, Phoenix, AZ apartments for rent is approximately $3,985. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 85018, 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 85018, Phoenix, AZ.

How much is a studio apartment in 85018, Phoenix, AZ?

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in 85018.

How much is a one bedroom apartment in 85018, Phoenix, AZ?

The average monthly rental price for one bedroom apartments is $1,600 and an average price per square feet of $2.30. There are a total of 6 one bedroom apartment listings currently available for rent in 85018.

How much is a two bedroom apartment in 85018, Phoenix, AZ?

The average monthly rental price for two bedroom apartments is $3,000 and an average price per square feet of $2.09. There are a total of 15 two bedroom apartment listings currently available for rent in 85018.

How have rent prices in 85018, Phoenix, AZ changed this year?

Rent prices for rentals in 85018, Phoenix, AZ can fluctuate yearly. Specifically, studio rental prices have changed by -0.22%, one bedroom rental prices have changed by -0.07%, two bedroom rental prices have changed by -0.02%, and three bedroom rental prices have changed by 0.19% year-over-year.

What is a reasonable rent price in 85018, Phoenix, AZ?

A reasonable rent price in 85018, Phoenix, AZ is around $3,188/month. You can search for these reasonably priced rental listings on RentHop.