Average Rent in 85254, Phoenix, AZ

Current Versus Historical 85254, Phoenix, AZ Rents

85254 rentals average $0 for a studio rental to $6,150 for a 4-bedroom rental. The median price of all currently available listings is $4,500, or roughly $31 per square feet.

For the apartment units and housing in September 2023, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $4,878 (189.85%) year-over-year from $2,569 to $7,447. 1-bedroom rentals prices have decreased by $208 (-12.20%) year-over-year from $1,708 to $1,500. 2-bedroom rentals prices have increased by $190 (8.87%) year-over-year from $2,145 to $2,336. 3-bedroom rentals prices have increased by $703 (23.47%) year-over-year from $2,997 to $3,700. 4-bedroom rentals prices have increased by $1,808 (43.14%) year-over-year from $4,192 to $6,000. 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 0.00% this month. 1-bedroom rents have gone down by 21.36% this month. 2-bedroom rents have gone up by 8.93% this month. 3-bedroom rents have gone up by 9.36% this month. 4-bedroom rents have gone up by 20.91% this month.

Beds	Price / Sqft	Sep 2023 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$42	$1,500	$1,708 (-12.20%)	$1,439 (4.23%)
2 BR	$36	$2,336	$2,145 (8.87%)	$1,569 (48.84%)
3 BR	$29	$3,700	$2,997 (23.47%)	$2,532 (46.15%)
4+ BR	$29	$6,000	$4,192 (43.14%)	$3,282 (82.83%)

Historical Rents in 85254, Phoenix, AZ

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 85254

There are a total of 12 cities nearby 85254. The average rent in 85254 is currently $2,560 per month. A total of 11 cities nearby have an average rent lower than that. Our records show that Casa Grande, AZ, with an average rent of $1,900, is the most affordable city nearby. In contrast, the most expensive city near 85254, Phoenix, AZ is Scottsdale, AZ. Monthly rents here are on average $4,749 per month.

Let's compare 85254, Phoenix, AZ's rent against other top cities nearby by bedroom size. One bedrooms are about 45.60% more expensive. Two bedrooms in 85254, Phoenix, AZ are about 41.18% more expensive. Finally, rent for three bedrooms are about 43.61% more expensive. Want more information? Check out the top 10 cities out of 12 total cities near 85254, Phoenix, AZ in the following chart.

City	Studio	1 Bed	2 Bed	All
Mesa, AZ	$1,593	$1,325	$1,650	$2,150
Surprise, AZ	N/A	$1,800	$2,500	$2,250
Glendale, AZ	N/A	$1,248	$1,650	$2,473
Tempe, AZ	N/A	$1,500	$1,700	$2,525
Goodyear, AZ	N/A	N/A	$2,995	$2,595
Chandler, AZ	$1,075	$1,500	$2,000	$2,600
Phoenix, AZ	$1,200	$1,438	$2,000	$2,637
Peoria, AZ	N/A	$2,100	$3,200	$2,700
Gilbert, AZ	N/A	$1,680	$2,000	$2,800
Scottsdale, AZ	$3,348	$2,338	$3,600	$4,749

Top Neighborhoods Near 85254

There are a total of 2 neighborhoods in or near 85254. We've included all of these top 2 neighborhoods in or near 85254, Phoenix, AZ in the following chart.

The average rent for these 2 neighborhoods in or near 85254, Phoenix, AZ is currently around $5,238 per month. Meaning, only two neighborhoods have a higher average rent than $5,238. Interestingly, the neighborhoods' average rent is higher than 85254's average rent, which is only $4,500. Out of all the neighborhoods in or near 85254, McCormick Ranch has the most affordable average rent at $4,975 per month. Whereas, at $5,500 average rent per month, Greyhawk is the most expensive neighborhood in or near 85254. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
McCormick Ranch, Scottsdale, AZ	N/A	$2,200	$4,000	$4,975
Greyhawk, Scottsdale, AZ	N/A	$2,400	$4,775	$5,500

Top Counties Near 85254

There are a total of 2 counties located by 85254, Phoenix, AZ. The average rent for rentals in these counties is $3,000. That's roughly around $23 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 85254, Phoenix, AZ.

Typically, rent for studios in 85254, Phoenix, AZ is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 85254, Phoenix, AZ is 42.59% more expensive than other counties nearby. Finally, rent for two bedrooms in 85254, Phoenix, AZ is 22.06% 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	$1,450	$1,550	$2,650	$3,000

Top Zipcodes Near 85254

There are a total of 10 zipcodes in or near 85254, Phoenix, AZ. The average rent for all of these zipcodes is $4,313. A total of 5 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 85016, Phoenix, AZ at $2,500 per month. In comparison, the zipcode with the most expensive average rent of $15,000 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 85254, Phoenix, AZ is $2,023 per month. Or in other words, $32 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,638 per month. Which comes out to $34 per sqft. The following chart includes the top 10 zipcodes in 85254, 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	N/A	$2,200	$3,775	$4,800
85251, Scottsdale, AZ	$2,125	$3,000	$3,250	$3,825
85255, Scottsdale, AZ	N/A	$2,400	$4,775	$5,500
85260, Scottsdale, AZ	$14,198	$2,300	$3,000	$3,800
85262, Maricopa County, AZ	N/A	N/A	$6,000	$9,250
85018, Phoenix, AZ	N/A	$1,748	$2,295	$3,200
85016, Phoenix, AZ	N/A	$1,275	$2,695	$2,500
85253, Paradise Valley, AZ	N/A	$2,050	$4,300	$15,000
85250, Scottsdale, AZ	N/A	$1,995	$3,500	$3,550
85266, Maricopa County, AZ	N/A	N/A	$7,000	$8,000

Frequently Asked Questions - 85254 Average Rents

What is the average rent price in 85254, Phoenix, AZ?

The average monthly rental price for 85254, Phoenix, AZ apartments for rent is approximately $4,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 85254, 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 85254, Phoenix, AZ.

How much is a studio apartment in 85254, 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 1 studio apartment listings currently available for rent in 85254.

How much is a one bedroom apartment in 85254, Phoenix, AZ?

The average monthly rental price for one bedroom apartments is $2,700 and an average price per square feet of $41.97. There are a total of 13 one bedroom apartment listings currently available for rent in 85254.

How much is a two bedroom apartment in 85254, Phoenix, AZ?

The average monthly rental price for two bedroom apartments is $3,400 and an average price per square feet of $35.65. There are a total of 22 two bedroom apartment listings currently available for rent in 85254.

How have rent prices in 85254, Phoenix, AZ changed this year?

Rent prices for rentals in 85254, Phoenix, AZ can fluctuate yearly. Specifically, studio rental prices have changed by 1.90%, one bedroom rental prices have changed by -0.12%, two bedroom rental prices have changed by 0.09%, and three bedroom rental prices have changed by 0.23% year-over-year.

What is a reasonable rent price in 85254, Phoenix, AZ?

A reasonable rent price in 85254, Phoenix, AZ is around $3,600/month. You can search for these reasonably priced rental listings on RentHop.