Average Rent in Phoenix, AZ

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Current Versus Historical Phoenix, AZ Rents

Phoenix rentals average $825 for a studio rental to $3,300 for a 4-bedroom rental. The median price of all currently available listings is $2,100, or roughly $20 per square feet.
For the apartment units and housing in July 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $322 (-26.43%) year-over-year from $1,217 to $895. 1-bedroom rentals prices have increased by $24 (1.81%) year-over-year from $1,326 to $1,350. 2-bedroom rentals prices have increased by $117 (7.09%) year-over-year from $1,650 to $1,767. 3-bedroom rentals prices have increased by $218 (9.78%) year-over-year from $2,232 to $2,450. 4-bedroom rentals prices have increased by $702 (25.07%) year-over-year from $2,798 to $3,500. 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 2.76% this month. 1-bedroom rents have gone up by 8.87% this month. 2-bedroom rents have gone up by 6.19% this month. 3-bedroom rents have gone up by 5.02% this month. 4-bedroom rents have gone up by 9.43% this month.
Beds
Price / Sqft
Jul 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $25.47 $895 $1,217 (-26.43%) $1,353 (-33.84%)
1 BR $23.11 $1,350 $1,326 (1.81%) $1,286 (4.99%)
2 BR $19.91 $1,767 $1,650 (7.09%) $1,596 (10.73%)
3 BR $18.64 $2,450 $2,232 (9.78%) $2,317 (5.76%)
4+ BR $17.59 $3,500 $2,798 (25.07%) $2,930 (19.45%)

Historical Rents in Phoenix, AZ

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Phoenix

There are a total of 20 cities nearby Phoenix. The average rent in Phoenix is currently $2,248 per month. A total of 6 cities nearby have an average rent lower than that. Our records show that Maricopa, AZ, with an average rent of $1,895, is the most affordable city nearby. In contrast, the most expensive city near Phoenix, AZ is Paradise Valley, AZ. Monthly rents here are on average $21,900 per month.

Let's compare Phoenix, AZ's rent against other top cities nearby by bedroom size. One bedrooms are about 9.53% more affordable. Two bedrooms in Phoenix, AZ are about 24.69% more affordable. Finally, rent for three bedrooms are about 7.10% more expensive. Want more information? Check out the top 10 cities out of 20 total cities near Phoenix, AZ in the following table.
City Studio 1 Bed 2 Bed All
Sun City, AZ N/A $1,800 $2,000 $1,995
Glendale, AZ $797 $999 $1,473 $2,023
Avondale, AZ $1,099 $1,125 $1,447 $2,165
Tempe, AZ $1,615 $1,413 $1,772 $2,300
Peoria, AZ N/A $1,450 $2,213 $2,450
Sun City West, AZ N/A $1,438 $2,600 $2,500
Fountain Hills, AZ $2,095 $1,975 $2,595 $2,800
Anthem, AZ N/A $1,453 $3,850 $3,250
Scottsdale, AZ $1,375 $1,900 $3,100 $4,000
Paradise Valley, AZ N/A $11,500 $18,000 $21,900

Top Neighborhoods Near Phoenix

There are a total of 11 neighborhoods in or near Phoenix. Some of these neighborhoods include Sun City, Downtown Phoenix, and Vistancia. We've included all of these top 11 neighborhoods in or near Phoenix, AZ in the following table.

The average rent for these 11 neighborhoods in or near Phoenix, AZ is currently around $3,200 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only nine neighborhoods have a higher average rent than $3,200. Interestingly, the neighborhoods' average rent is higher than Phoenix's average rent, which is only $2,100. Out of all the neighborhoods in or near Phoenix, Sun City has the most affordable average rent at $1,995 per month. Whereas, at $4,425 average rent per month, McCormick Ranch is the most expensive neighborhood in or near Phoenix. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Sun City, AZ N/A $1,800 $2,000 $1,995
Downtown Phoenix, Phoenix, AZ $778 $1,914 $2,500 $1,995
Vistancia, Peoria, AZ N/A N/A $2,550 $2,400
Sun City West, AZ N/A $1,438 $2,600 $2,500
Arrowhead Ranch, Glendale, AZ N/A $1,830 $2,020 $2,595
Sun City Anthem, Anthem, AZ N/A $1,453 $3,675 $3,200
Scottsdale Ranch, Scottsdale, AZ N/A $2,548 $3,500 $3,500
Desert Ridge, Phoenix, AZ N/A $2,300 $2,950 $3,600
Downtown Scottsdale, Scottsdale, AZ $1,900 $2,795 $3,350 $3,697
Greyhawk, Scottsdale, AZ N/A $2,100 $3,225 $4,000
McCormick Ranch, Scottsdale, AZ $2,025 $2,250 $3,998 $4,425

Top Counties Near Phoenix

There are a total of 2 counties located by Phoenix, AZ. Some of these counties include Yavapai, AZ and Maricopa, AZ. The average rent for rentals in these counties is $2,196. That's roughly around $20 per sqft. A total of one county has a lower average rent. The county that is the most affordable is Yavapai, AZ. Its average rent per month is $1,998. Vice versa, with an average rent of $2,395, Maricopa, AZ is the most expensive county by Phoenix, AZ.

Typically, rent for studios in Phoenix, AZ is 49.09% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Phoenix, AZ is 0.02% more affordable than other counties nearby. Finally, rent for two bedrooms in Phoenix, AZ is 17.47% 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 $1,494 $1,198 $1,995 $1,998
Maricopa, AZ $966 $1,453 $1,999 $2,395

Top Zipcodes Near Phoenix

There are a total of 41 zipcodes in or near Phoenix, AZ. The average rent for all of these zipcodes is $2,195. A total of 18 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 85301, Glendale, AZ at $1,395 per month. In comparison, the zipcode with the most expensive average rent of $15,000 per month is 85253, Paradise Valley, AZ.

Studios in these zipcodes have an average rent of $699. That's at least $19 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Phoenix, AZ is $1,450 per month. Or in other words, $24 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,795 per month. Which comes out to $20 per sqft. The following table includes the top 10 zipcodes in 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 $1,253 $1,946 $2,500 $3,000
85016, Phoenix, AZ $875 $1,495 $2,250 $2,200
85018, Phoenix, AZ $699 $1,385 $2,095 $2,700
85258, Maricopa County, AZ $2,025 $2,122 $3,600 $4,000
85032, Phoenix, AZ $799 $1,525 $1,500 $1,995
85254, Phoenix, AZ $1,582 $1,978 $3,000 $4,275
85021, Phoenix, AZ $749 $847 $1,399 $1,399
85020, Phoenix, AZ $1,390 $995 $1,548 $1,550
85260, Scottsdale, AZ N/A $1,816 $3,275 $3,600
85255, Scottsdale, AZ N/A $2,200 $3,500 $5,000

Frequently Asked Questions - Phoenix Average Rents

What is the average rent price in Phoenix, AZ?
The average monthly rental price for Phoenix, AZ apartments for rent is approximately $2,100. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 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 Phoenix, AZ.
How much is a studio apartment in Phoenix, AZ?
The average monthly rental price for studio apartments is $825 and an average price per square feet of $25.47. There are a total of 80 studio apartment listings currently available for rent in Phoenix.
How much is a one bedroom apartment in Phoenix, AZ?
The average monthly rental price for one bedroom apartments is $1,325 and an average price per square feet of $23.11. There are a total of 511 one bedroom apartment listings currently available for rent in Phoenix.
How much is a two bedroom apartment in Phoenix, AZ?
The average monthly rental price for two bedroom apartments is $1,700 and an average price per square feet of $19.91. There are a total of 951 two bedroom apartment listings currently available for rent in Phoenix.
How have rent prices in Phoenix, AZ changed this year?
Rent prices for rentals in Phoenix, AZ can fluctuate yearly. Specifically, studio rental prices have changed by -0.26%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.07%, three bedroom rental prices have changed by 0.10% year-over-year.
What is a reasonable rent price in Phoenix, AZ?
A reasonable rent price in Phoenix, AZ is around $1,680/month. You can search for these reasonably priced rental listings on RentHop.
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