Average Rent in 85032, Phoenix, AZ

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Current Versus Historical 85032, Phoenix, AZ Rents

85032 rentals average $1,900 for a 1-bedroom rental to $3,450 for a 4-bedroom rental. The median price of all currently available listings is $2,450, or roughly $2 per square feet.
For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $258 (-22.28%) year-over-year from $1,157 to $899. 1-bedroom rentals prices have decreased by $145 (-10.07%) year-over-year from $1,440 to $1,295. 2-bedroom rentals prices have decreased by $205 (-11.71%) year-over-year from $1,750 to $1,545. 3-bedroom rentals prices have increased by $234 (9.88%) year-over-year from $2,366 to $2,600. 4-bedroom rentals prices have decreased by $743 (-20.42%) year-over-year from $3,641 to $2,898. 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 up by 1.85% this month. 1-bedroom rents have gone down by 11.30% this month. 2-bedroom rents have gone up by 3.23% this month. 3-bedroom rents have gone up by 8.04% this month. 4-bedroom rents have gone down by 1.47% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.77 $1,295 $1,440 (-10.07%) $944 (37.16%)
2 BR $1.61 $1,545 $1,750 (-11.71%) $1,342 (15.16%)
3 BR $1.70 $2,600 $2,366 (9.88%) $1,989 (30.71%)
4+ BR $1.64 $2,898 $3,641 (-20.42%) $2,380 (21.74%)

Historical Rents in 85032, Phoenix, AZ

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 85032

There are a total of 12 cities nearby 85032. The average rent in 85032 is currently $2,725 per month. A total of 4 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 85032, Phoenix, AZ is Scottsdale, AZ. Monthly rents here are on average $4,500 per month.

Let's compare 85032, Phoenix, AZ's rent against other top cities nearby by bedroom size. Typically, rent for studios in 85032, Phoenix, AZ is inf% more affordable than other cities nearby. One bedrooms are about 30.66% more expensive. Two bedrooms in 85032, Phoenix, AZ are about 64.39% more affordable. Finally, rent for three bedrooms are about 3.79% more expensive. Want more information? Check out the top 10 cities out of 12 total cities near 85032, Phoenix, AZ in the following chart.
City Studio 1 Bed 2 Bed All
Mesa, AZ $2,865 $1,285 $1,695 $2,200
Surprise, AZ N/A $1,800 $2,860 $2,350
Glendale, AZ $950 $1,075 $1,650 $2,450
Phoenix, AZ $1,647 $1,350 $1,995 $2,532
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 85032

There are a total of 2 neighborhoods in or near 85032. We've included all of these top 2 neighborhoods in or near 85032, Phoenix, AZ in the following chart.

The average rent for these 2 neighborhoods in or near 85032, Phoenix, AZ is currently around $4,915 per month. Meaning, only two neighborhoods have a higher average rent than $4,915. Interestingly, the neighborhoods' average rent is higher than 85032's average rent, which is only $2,450. Out of all the neighborhoods in or near 85032, McCormick Ranch has the most affordable average rent at $4,500 per month. Whereas, at $5,330 average rent per month, Greyhawk is the most expensive neighborhood in or near 85032. 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 $5,330

Top Counties Near 85032

There are a total of 2 counties located by 85032, Phoenix, AZ. The average rent for rentals in these counties is $3,000. That's roughly around $2 per sqft. The county that is the most affordable is Maricopa, AZ. It's average rent per month is $3,000. Vice versa, with an average rent of $3,000, Maricopa, AZ is the most expensive county by 85032, Phoenix, AZ.

Typically, rent for studios in 85032, Phoenix, AZ is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 85032, Phoenix, AZ is 15.79% more expensive than other counties nearby. Finally, rent for two bedrooms in 85032, Phoenix, AZ is 57.58% 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 $1,704 $1,600 $2,600 $3,000

Top Zipcodes Near 85032

There are a total of 14 zipcodes in or near 85032, Phoenix, AZ. The average rent for all of these zipcodes is $3,893.

The following chart includes the top 10 zipcodes in 85032, 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 $4,200
85251, Scottsdale, AZ N/A $2,450 $2,588 $3,000
85255, Scottsdale, AZ N/A $1,850 $4,500 $5,925
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
85018, Phoenix, AZ N/A $1,600 $3,000 $3,985
85253, Paradise Valley, AZ N/A $2,700 $3,500 $10,950
85250, Scottsdale, AZ N/A $3,050 $2,800 $3,400
85281, Tempe, AZ N/A $1,395 $1,595 $2,400

Frequently Asked Questions - 85032 Average Rents

What is the average rent price in 85032, Phoenix, AZ?
The average monthly rental price for 85032, Phoenix, AZ apartments for rent is approximately $2,450. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 85032, 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 85032, Phoenix, AZ.
How much is a studio apartment in 85032, 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 85032.
How much is a one bedroom apartment in 85032, Phoenix, AZ?
The average monthly rental price for one bedroom apartments is $1,900 and an average price per square feet of $2.77. There are a total of 16 one bedroom apartment listings currently available for rent in 85032.
How much is a two bedroom apartment in 85032, Phoenix, AZ?
The average monthly rental price for two bedroom apartments is $1,650 and an average price per square feet of $1.61. There are a total of 13 two bedroom apartment listings currently available for rent in 85032.
How have rent prices in 85032, Phoenix, AZ changed this year?
Rent prices for rentals in 85032, Phoenix, AZ can fluctuate yearly. Specifically, studio rental prices have changed by -0.22%, one bedroom rental prices have changed by -0.10%, two bedroom rental prices have changed by -0.12%, and three bedroom rental prices have changed by 0.10% year-over-year.
What is a reasonable rent price in 85032, Phoenix, AZ?
A reasonable rent price in 85032, Phoenix, AZ is around $1,960/month. You can search for these reasonably priced rental listings on RentHop.
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