Average Rent in Phoenix, AZ
33 apartment buildings, 393 units. Daily asking prices with rent history for every building.
Browse apartments in Phoenix, AZCheapest
$875/mo
Union Tempe
Properties
33
tracked daily
Units
393
available now
Phoenix, AZ Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 33 properties in Phoenix, AZ.
Average rent trend, last 3 months
All bedroom types, citywide. Choose a window above to scope the view.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Phoenix, AZ Rent Prices
All 33 properties ranked by lowest available rent.
Adara
888 N 4th St, Phoenix, AZ 85004, USA
Sora
355 N Central Ave, Phoenix, AZ 85004, USA
Union Tempe
712 S Forest Ave, Tempe, AZ 85281, USA
Morada Rise
6751 W Indian School Rd, Phoenix, AZ 85033, USA
Celina Acosta
6991 E Camelback Rd #D300, Scottsdale, AZ 85251, USA
Rise Lakeside
11459 N 28th Dr, Phoenix, AZ 85029, USA
Morada Grande
5421 W Indian School Rd, Phoenix, AZ 85031, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Adara 888 N 4th St, Phoenix, AZ 85004, USA | $740 as of Oct 2 | $911 | $2.43/ft² | 4.1 (452) | 45 |
| 2 | Sora 355 N Central Ave, Phoenix, AZ 85004, USA | $850 as of Sep 22 | $1,272 | $2.73/ft² | 4.1 (282) | 24 |
| 3 | Union Tempe 712 S Forest Ave, Tempe, AZ 85281, USA | $875 | $1,155 | -- | 4.2 (450) | 11 |
| 4 | Morada Rise 6751 W Indian School Rd, Phoenix, AZ 85033, USA | $943 as of Oct 6 | $1,379 | $1.45/ft² | 3.4 (361) | 58 |
| 5 | Celina Acosta 6991 E Camelback Rd #D300, Scottsdale, AZ 85251, USA | $1,050 | $1,650 | $0.50/ft² | 5 (96) | 2 |
| 6 | Rise Lakeside 11459 N 28th Dr, Phoenix, AZ 85029, USA | $1,105 | $1,105 | $1.43/ft² | 4 (193) | 1 |
| 7 | Morada Grande 5421 W Indian School Rd, Phoenix, AZ 85031, USA | $1,126 as of Oct 6 | $1,278 | $1.29/ft² | 3.4 (177) | 16 |
Rent & Price History by Building
Compare apartment listings by price, bedrooms, and neighborhood.
Adara
4.1 (452)888 N 4th St, Phoenix, AZ 85004, USA
Sora
4.1 (282)355 N Central Ave, Phoenix, AZ 85004, USA
Union Tempe
4.2 (450)712 S Forest Ave, Tempe, AZ 85281, USA
Morada Rise
3.4 (361)6751 W Indian School Rd, Phoenix, AZ 85033, USA
Celina Acosta
5 (96)6991 E Camelback Rd #D300, Scottsdale, AZ 85251, USA
Rise Lakeside
4 (193)11459 N 28th Dr, Phoenix, AZ 85029, USA
By Area
Phoenix, AZ neighborhoods
Tracked buildings across 12 named neighborhoods. Pick one to see its apartments.
Phoenix, AZ Average Rent Prices 2026
The average rent in Phoenix, AZ is $2,272 per month, based on 393 units across 33 apartment communities. Prices range from $875 at Union Tempe to $7,402 at Saiya.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $1,752/mo | $1,195/mo | 121 |
| 1 Bed | $2,091/mo | $1,263/mo | 133 |
| 2 Bed | $2,907/mo | $920/mo | 107 |
| 3 Bed | $5,665/mo | $1,587/mo | 9 |
| 4 Bed | $1,433/mo | $999/mo | 3 |
Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Phoenix, AZ, and what they pay
Tracked one-bedroom rent in Phoenix, AZ averages $2,091/mo, with two-bedroom units averaging $2,907/mo. At the local median household income of $77,041, that works out to 35% of gross income, above the 30 percent affordability ceiling, a stretched-budget market.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Phoenix, AZ at $1,458/mo. The current tracked market average runs 56% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Phoenix, AZ while the tracked market average covers units currently listed in larger apartment communities.
Who employs renters in Phoenix
Demand in the Phoenix rental market is shaped by the metro's largest private and public employers. The following organizations anchor local hiring and influence what renters can pay:
- Banner Health
- Wells Fargo
- American Express
- Intel (Chandler)
- Freeport-McMoRan
- Honeywell Aerospace
Mean one-way commute in Phoenix, AZ is 26 minutes, per the Census ACS, useful context when weighing which properties sit inside reasonable reach of these employers.
What salary do I need to live comfortably in Phoenix, AZ?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$91,000/year
Based on the 30 percent rule, using our tracked average rent of $2,272/mo.
Comfortable income
$109,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($875/mo), you need to earn at least $35,000/year.
Median household income in Phoenix, AZ is $77,041 , about 29% below the comfortable-living threshold.
Cost of living in Phoenix, AZ
Overall prices in Phoenix, AZ runs above the national average by about 5% (BEA Regional Price Parity index 104.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Phoenix, AZ's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,272 |
| Utilities | $534 |
| Groceries | $531 |
| Transportation | $1,274 |
| Healthcare | $621 |
| Other goods and services | $994 |
| Estimated total | $6,228/mo |
Population
1,624,832
Median household income
$77,041
Census median rent
$1,458/mo
Census rent burden
30.4%
Median age
34.8
Mean commute
26 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in Arizona
How Phoenix, AZ rent compares to other markets in the state.
| City | Avg Rent | vs Phoenix, AZ | 30-Day Change | Properties |
|---|---|---|---|---|
| Tucson, AZ | $1,758 | -23% | -11.5% | 52 |
| Glendale, AZ | $1,304 | -43% | -6.7% | 34 |
| Tempe, AZ | $1,976 | -13% | -1.4% | 32 |
| Chandler, AZ | $1,819 | -20% | -2.5% | 23 |
| Scottsdale, AZ | $2,278 | 0% | -2% | 22 |
| Avondale, AZ | $1,635 | -28% | -1.7% | 19 |
Frequently asked questions
What is the average rent in Phoenix, AZ?
The average rent in Phoenix, AZ is $2,272 per month, based on 393 units across 33 apartment buildings tracked by Average Rent. Prices are refreshed daily.
What is the median rent in Phoenix, AZ?
The median asking rent in Phoenix, AZ is $1,935 per month, computed from 393 live listed units and refreshed daily. The average is $2,272/mo; the median resists skew from luxury listings.
What is the cheapest apartment rent in Phoenix, AZ?
The lowest available rent in Phoenix, AZ starts at $875 per month. Availability changes daily and prices are refreshed each morning.
How much is a 1-bedroom apartment in Phoenix, AZ?
1-bedroom apartments in Phoenix, AZ average $2,091/mo. The lowest listed 1-bedroom starts at $1,263/mo across 133 units tracked.
How much is a 2-bedroom apartment in Phoenix, AZ?
2-bedroom apartments in Phoenix, AZ average $2,907/mo. Units start from $920/mo across 107 units currently listed.
Rent Trends in Phoenix, AZ
Track how apartment prices are changing over time.
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