Phoenix, AZ Rental Market Trends

What is the average rent in Phoenix?

The average rent for an apartment in Phoenix is $1,119. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Phoenix, AZ

Last updated January 2020
Average Rent Average Apartment Size
$1,119 801 sq. ft.

What is the average apartment size in Phoenix?

The average size for a Phoenix, AZ apartment is 801 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Phoenix, AZ apartment rent ranges

Phoenix, AZ Occupied Housing Units

254,818 or 44% of the households in Phoenix, AZ are renter-occupied while 325,058 or 56% are owner-occupied.

Phoenix, AZ rent trends

Access comprehensive real estate data and information on Yardi Matrix

How Phoenix Compares to Other Cities

City Average Rent
Phoenix $1,119
Tucson $909
Chandler $1,390
Peoria $1,217
Tempe $1,434
Gilbert $1,328
Mesa $1,088
Glendale $1,018
Scottsdale $1,564

What is the average price for a storage unit in Phoenix?

The average rent for a non-climate-controlled 10'x10' storage unit in Phoenix is $147.23. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.

Most Popular Apartments in Phoenix

3655 W Anthem Way,, Anthem, AZ 85086
8 Units available
Studio $7,000
1 BED Ask for Pricing

4650 North Central Avenue, Pheonix, AZ 85012
1 BED $1,100
2 BEDS $1,375
3+ BEDS $1,500

4650 North Central Avenue, Pheonix, AZ 85012
1 BED $1,100
2 BEDS $1,300+
3+ BEDS $1,500

8000 Arizona Grand Parkway, Phoenix, AZ 85044
1 BED $10,000
View more properties