Average Rent in 85027, Phoenix, AZ

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Current Versus Historical 85027, Phoenix, AZ Rents

85027 rentals average $1,450 for a studio rental to $2,380 for a 4-bedroom rental. The median price of all currently available listings is $1,760, or roughly $18 per square feet.
For the apartment units and housing in July 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $212 (-12.73%) year-over-year from $1,662 to $1,450. 1-bedroom rentals prices have decreased by $131 (-10.57%) year-over-year from $1,237 to $1,107. 2-bedroom rentals prices have increased by $17 (1.10%) year-over-year from $1,533 to $1,550. 3-bedroom rentals prices have decreased by $55 (-2.58%) year-over-year from $2,130 to $2,075. 4-bedroom rentals prices have decreased by $325 (-12.31%) year-over-year from $2,640 to $2,315. 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 1.14% this month. 1-bedroom rents have gone down by 4.95% this month. 2-bedroom rents have gone down by 0.94% this month. 3-bedroom rents have gone down by 10.82% this month. 4-bedroom rents have gone down by 12.20% this month.
Beds
Price / Sqft
Jul 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $17.43 $1,450 $1,662 (-12.73%) $4,000 (-63.75%)
1 BR $19.79 $1,107 $1,237 (-10.57%) $1,248 (-11.30%)
2 BR $18.74 $1,550 $1,533 (1.10%) $1,673 (-7.37%)
3 BR $17.09 $2,075 $2,130 (-2.58%) $2,430 (-14.61%)
4+ BR $18.43 $2,315 $2,640 (-12.31%) $2,593 (-10.73%)

Historical Rents in 85027, Phoenix, AZ

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 85027

There are a total of 21 cities nearby 85027. The average rent in 85027 is currently $2,298 per month. Our records show that Casa Grande, AZ, with an average rent of $1,870, is the most affordable city nearby. In contrast, the most expensive city near 85027, Phoenix, AZ is Paradise Valley, AZ. Monthly rents here are on average $21,900 per month.

Let's compare 85027, Phoenix, AZ's rent against other top cities nearby by bedroom size. Typically, rent for studios in 85027, Phoenix, AZ is 44.90% more expensive than other cities nearby. One bedrooms are about 31.04% more affordable. Two bedrooms in 85027, Phoenix, AZ are about 35.48% more affordable. Finally, rent for three bedrooms are about 2.56% more affordable. Want more information? Check out the top 10 cities out of 21 total cities near 85027, Phoenix, AZ in the following table.
City Studio 1 Bed 2 Bed All
Sun City, AZ N/A $1,799 $1,850 $1,900
Glendale, AZ $799 $984 $1,498 $2,050
Phoenix, AZ $847 $1,295 $1,697 $2,100
Surprise, AZ $1,399 $1,486 $2,475 $2,195
Peoria, AZ N/A $1,450 $2,200 $2,400
Sun City West, AZ N/A $1,500 $2,575 $2,500
Fountain Hills, AZ $2,095 $2,000 $2,513 $2,800
Anthem, AZ N/A $1,453 $3,850 $3,300
Scottsdale, AZ $1,329 $1,888 $3,000 $4,000
Paradise Valley, AZ N/A $11,500 $18,000 $21,900

Top Neighborhoods Near 85027

There are a total of 10 neighborhoods in or near 85027. Some of these neighborhoods include Sun City, Vistancia, and Arrowhead Ranch. We've included all of these top 10 neighborhoods in or near 85027, Phoenix, AZ in the following table.

The average rent for these 10 neighborhoods in or near 85027, Phoenix, AZ is currently around $3,325 per month. Interestingly, the neighborhoods' average rent is higher than 85027's average rent, which is only $1,760. Out of all the neighborhoods in or near 85027, Sun City has the most affordable average rent at $1,900 per month. Whereas, at $4,395 average rent per month, McCormick Ranch is the most expensive neighborhood in or near 85027. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Sun City, AZ N/A $1,548 $1,850 $1,900
Vistancia, Peoria, AZ N/A N/A $2,600 $2,350
Arrowhead Ranch, Glendale, AZ N/A N/A $2,138 $2,499
Sun City West, AZ N/A $1,500 $2,550 $2,500
Sun City Anthem, Anthem, AZ N/A $1,453 $3,675 $3,150
Scottsdale Ranch, Scottsdale, AZ N/A $3,300 $3,500 $3,500
Downtown Scottsdale, Scottsdale, AZ $1,698 $2,800 $3,275 $3,695
Desert Ridge, Phoenix, AZ N/A $2,300 $3,100 $3,825
Greyhawk, Scottsdale, AZ N/A $2,098 $3,199 $3,950
McCormick Ranch, Scottsdale, AZ $2,025 $2,225 $4,000 $4,395

Top Counties Near 85027

There are a total of 2 counties located by 85027, Phoenix, AZ. Some of these counties include Yavapai, AZ and Maricopa, AZ. The average rent for rentals in these counties is $2,200. That's roughly around $20 per sqft. The county that is the most affordable is Yavapai, AZ. Its average rent per month is $2,000. Vice versa, with an average rent of $2,399, Maricopa, AZ is the most expensive county by 85027, Phoenix, AZ.

Typically, rent for studios in 85027, Phoenix, AZ is 66.97% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 85027, Phoenix, AZ is 33.30% more affordable than other counties nearby. Finally, rent for two bedrooms in 85027, Phoenix, AZ is 28.87% more affordable than other counties nearby. We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
Yavapai, AZ N/A $1,550 $1,995 $2,000
Maricopa, AZ $958 $1,400 $2,000 $2,399

Top Zipcodes Near 85027

There are a total of 43 zipcodes in or near 85027, Phoenix, AZ. The average rent for all of these zipcodes is $2,250. A total of 7 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 85015, Phoenix, AZ at $1,300 per month. In comparison, the zipcode with the most expensive average rent of $14,995 per month is 85253, Paradise Valley, AZ.

Studios in these zipcodes have an average rent of $674. That's at least $15 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 85027, Phoenix, AZ is $1,450 per month. Or in other words, $24 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,853 per month. Which comes out to $20 per sqft. The following table includes the top 10 zipcodes in 85027, Phoenix, AZ. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
85251, Scottsdale, AZ $899 $1,971 $2,495 $3,000
85032, Phoenix, AZ $1,200 $1,550 $1,527 $1,999
85254, Phoenix, AZ $1,582 $1,928 $3,200 $4,150
85255, Scottsdale, AZ N/A $2,098 $3,500 $5,000
85258, Maricopa County, AZ $2,025 $2,044 $3,798 $4,000
85260, Scottsdale, AZ N/A $1,776 $3,000 $3,600
85018, Phoenix, AZ $699 $1,570 $2,000 $2,750
85016, Phoenix, AZ $895 $1,485 $2,100 $2,050
85085, Phoenix, AZ $1,330 $1,466 $1,853 $2,800
85281, Tempe, AZ $1,243 $1,265 $1,800 $2,200

Frequently Asked Questions - 85027 Average Rents

What is the average rent price in 85027, Phoenix, AZ?
The average monthly rental price for 85027, Phoenix, AZ apartments for rent is approximately $1,760. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 85027, 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 85027, Phoenix, AZ.
How much is a studio apartment in 85027, Phoenix, AZ?
The average monthly rental price for studio apartments is $1,450 and an average price per square feet of $17.43. There are a total of 1 studio apartment listings currently available for rent in 85027.
How much is a one bedroom apartment in 85027, Phoenix, AZ?
The average monthly rental price for one bedroom apartments is $1,107 and an average price per square feet of $19.79. There are a total of 8 one bedroom apartment listings currently available for rent in 85027.
How much is a two bedroom apartment in 85027, Phoenix, AZ?
The average monthly rental price for two bedroom apartments is $1,550 and an average price per square feet of $18.74. There are a total of 31 two bedroom apartment listings currently available for rent in 85027.
How have rent prices in 85027, Phoenix, AZ changed this year?
Rent prices for rentals in 85027, Phoenix, AZ can fluctuate yearly. Specifically, studio rental prices have changed by -0.13%, one bedroom rental prices have changed by -0.11%, two bedroom rental prices have changed by 0.01%, three bedroom rental prices have changed by -0.03% year-over-year.
What is a reasonable rent price in 85027, Phoenix, AZ?
A reasonable rent price in 85027, Phoenix, AZ is around $1,408/month. You can search for these reasonably priced rental listings on RentHop.
Nearby Counties & Divisions
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