Average Rent in Phoenix, AZ
11 apartment buildings, 119 units. Real asking prices, refreshed daily.
Avg Rent
$1,575/mo
Cheapest
$938/mo
Properties
11
Units
119
Phoenix, AZ Resident Access
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Analysis
Rent Price Breakdown
Compare pricing across all 11 properties in Phoenix, AZ.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Phoenix, AZ Rent Prices
All 11 properties ranked by lowest available rent.
Sierra Pines
9410 N 31st Ave, Phoenix, AZ 85051, USA
Morada Grande
5421 W Indian School Rd, Phoenix, AZ 85031, USA
Morada Rise
6751 W Indian School Rd, Phoenix, AZ 85033, USA
Mandarina
5402 E Washington St, Phoenix, AZ 85034, USA
Marquis at Sonoran Preserve
29675 N North Valley Pkwy Phoenix, AZ 85085
Marq Bronco Butte
31925 N 29th Ave, Phoenix, AZ 85085
Domus
4445 N 36th St, Phoenix, AZ 85018, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Sierra Pines 9410 N 31st Ave, Phoenix, AZ 85051, USA | $938 | $1,079 | $1.36 | 3.2 (325) | 6 |
| 2 | Morada Grande 5421 W Indian School Rd, Phoenix, AZ 85031, USA | $1,185 | $1,494 | $1.45 | 3.4 (177) | 15 |
| 3 | Morada Rise 6751 W Indian School Rd, Phoenix, AZ 85033, USA | $1,257 | $1,449 | $1.53 | 3.4 (361) | 47 |
| 4 | Mandarina 5402 E Washington St, Phoenix, AZ 85034, USA | $1,306 | $1,555 | $1.91 | 4.2 (245) | 21 |
| 5 | Marquis at Sonoran Preserve 29675 N North Valley Pkwy Phoenix, AZ 85085 | $1,351 | $1,437 | $1.65 | 4.3 (242) | 6 |
| 6 | Marq Bronco Butte 31925 N 29th Ave, Phoenix, AZ 85085 | $1,472 | $1,781 | $1.87 | 5 (24) | 8 |
| 7 | Domus 4445 N 36th St, Phoenix, AZ 85018, USA | $1,574 | $2,267 | $2.42 | 4.3 (166) | 7 |
Explore Each Property
Sierra Pines
3.2 (325)9410 N 31st Ave, Phoenix, AZ 85051, USA
Morada Grande
3.4 (177)5421 W Indian School Rd, Phoenix, AZ 85031, USA
Morada Rise
3.4 (361)6751 W Indian School Rd, Phoenix, AZ 85033, USA
Mandarina
4.2 (245)5402 E Washington St, Phoenix, AZ 85034, USA
Marquis at Sonoran Preserve
4.3 (242)29675 N North Valley Pkwy Phoenix, AZ 85085
Marq Bronco Butte
5 (24)31925 N 29th Ave, Phoenix, AZ 85085
Phoenix, AZ Average Rent Prices 2026
The average rent in Phoenix, AZ is $1,575 per month, based on 119 units across 11 apartment communities. Prices range from $938 at Sierra Pines to $1,700 at Cortland Biltmore Place.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $1,506/mo | $1,471/mo | 3 |
| 1 Bed | $1,460/mo | $938/mo | 34 |
| 2 Bed | $1,604/mo | $960/mo | 50 |
| 3 Bed | $1,659/mo | $1,334/mo | 32 |
Every price comes directly from each property's leasing system, 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 $1,460/mo, with two-bedroom units averaging $1,604/mo. At the local median household income of $77,041, that works out to 25% of gross income, well within the 25 percent comfortable-rent threshold.
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 8% 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
$63,000/year
30 percent rule -- using our average rent of $1,575/mo.
Comfortable income
$76,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($938/mo), you need to earn at least $38,000/year.
Median household income in Phoenix, AZ is $77,041 , about 2% above 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) | $1,575 |
| Utilities | $534 |
| Groceries | $531 |
| Transportation | $1,274 |
| Healthcare | $621 |
| Other goods and services | $994 |
| Estimated total | $5,531/mo |
Population
1,624,832
Median household income
$77,041
Census median rent
$1,458/mo
Rent as % of income
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 | Properties |
|---|---|---|---|
| Tempe, AZ | $2,030 | +29% | 24 |
| Scottsdale, AZ | $2,557 | +62% | 22 |
| Avondale, AZ | $1,715 | +9% | 17 |
| Glendale, AZ | $1,630 | +3% | 15 |
| Goodyear, AZ | $1,814 | +15% | 14 |
| Surprise, AZ | $1,763 | +12% | 13 |
Frequently asked questions
What is the average rent in Phoenix, AZ?
The average rent in Phoenix, AZ is $1,575 per month, based on 119 units across 11 apartment buildings tracked by Average Rent. Prices are updated every morning through our proprietary data sourcing.
What is the cheapest apartment rent in Phoenix, AZ?
The lowest available rent in Phoenix, AZ starts at $938 per month. Availability changes daily as leasing data is refreshed each morning.
How much is a 1-bedroom apartment in Phoenix, AZ?
1-bedroom apartments in Phoenix, AZ average $1,460/mo. The lowest listed 1-bedroom starts at $938/mo across 34 units tracked.
How much is a 2-bedroom apartment in Phoenix, AZ?
2-bedroom apartments in Phoenix, AZ average $1,604/mo. Units start from $960/mo across 50 units currently listed.
Rent Trends in Phoenix, AZ
Track how apartment prices are changing over time.
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