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Last updated July 6 2020 at 7:06 PM

317 1 Bedroom Apartments for rent in Phoenix, AZ

Last updated July 6 at 07:04pm
1 Unit Available
Arcadia Lite
4540 N 44TH Street
4540 North 44th Street, Phoenix, AZ
1 Bedroom
$1,495
608 sqft
One of a kind Adobe home is located on the courtyard of the historic Date Palm Grove on 44th St. Built of adobe and concrete block it is solid as well as beautiful.
Last updated July 6 at 07:04pm
1 Unit Available
Melrose Woodlea
729 W COOLIDGE Street
729 West Coolidge Street, Phoenix, AZ
1 Bedroom
$925
608 sqft
Adorable one bedroom in the heart of Melrose! Tile and laminate floors throughout! Unit comes with washer/dryer and fridge! Beautifully updated bathroom! Overlooks the community pool! Hurry to this one!
Last updated July 6 at 11:59am
1 Unit Available
3511 E Baseline Rd 1145
3511 East Baseline Road, Phoenix, AZ
1 Bedroom
$895
578 sqft
Mountain Shadows - Property Id: 312502 cottage unit with no one above, corner location, just remodeled. Apply at TurboTenant: http://rental.turbotenant.com/properties/312502 Property Id 312502 (RLNE5904578)
Last updated July 6 at 11:59am
1 Unit Available
Valencia Acres
Casa Mia
3247 East Pinchot Avenue, Phoenix, AZ
1 Bedroom
$958
620 sqft
CASA MIA APARTMENTS*ALL UTILITIES INCLUDED!! - Property Id: 306165 Located in an up and coming neighborhood in east Phoenix just minutes from everything makes Casa Mia Apartments the place to live!!!! Here you will find a small quaint gated
Last updated July 6 at 07:04pm
1 Unit Available
Biltmore
5203 N 24th Street
5203 North 24th Street, Phoenix, AZ
1 Bedroom
$1,600
856 sqft
Location! Location!! Gorgeous Biltmore 1 bedroom/1.5 bath condo! This Guard gated community is just walking distance to Biltmore Fashion Park, Movie Theater, Restaurants and the New Lifetime Fitness.
Last updated July 6 at 07:04pm
1 Unit Available
4419 N 27TH Street
4419 North 27th Street, Phoenix, AZ
1 Bedroom
$1,500
680 sqft
Tucked in the charming community of Monterey Condominiums located in the heart of the Biltmore/Arcadia. This fully updated 1 bedroom 1 bathroom condo is perfect! North/South facing retreat fills with Natural light.

July 2020 Phoenix Rent Report

Welcome to the July 2020 Phoenix Rent Report. Phoenix rents declined over the past month. In this report, we'll evaluate trends in the Phoenix rental market, including comparisons to cities throughout the metro, state, and nation.

View full Rent Report

July 2020 Phoenix Rent Report

Welcome to the July 2020 Phoenix Rent Report. Phoenix rents declined over the past month. In this report, we'll evaluate trends in the Phoenix rental market, including comparisons to cities throughout the metro, state, and nation.

Phoenix rents declined slightly over the past month

Phoenix rents have declined 0.2% over the past month, but have increased slightly by 1.9% in comparison to the same time last year. Currently, median rents in Phoenix stand at $885 for a one-bedroom apartment and $1,102 for a two-bedroom. This is the third straight month that the city has seen rent decreases after an increase in March. Phoenix's year-over-year rent growth leads the state average of 1.5%, as well as the national average of 0.2%.

    Rents rising across the Phoenix Metro

    Throughout the past year, rent increases have been occurring not just in the city of Phoenix, but across the entire metro. Of the largest 10 cities that we have data for in the Phoenix metro, all of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

    • Mesa has seen the fastest rent growth in the metro, with a year-over-year increase of 2.9%. The median two-bedroom there costs $1,148, while one-bedrooms go for $921.
    • Over the past month, Scottsdale has seen the biggest rent drop in the metro, with a decline of 0.7%. Median two-bedrooms there cost $1,349, while one-bedrooms go for $1,083.
    • Gilbert has the most expensive rents of the largest cities in the Phoenix metro, with a two-bedroom median of $1,538; rents fell 0.2% over the past month but rose 2.1% over the past year.
    • Phoenix proper has the least expensive rents in the Phoenix metro, with a two-bedroom median of $1,102; rents went down 0.2% over the past month but rose 1.9% over the past year.

    Phoenix rents more affordable than many comparable cities nationwide

    As rents have increased slightly in Phoenix, other large cities nationwide have seen rents grow more quickly. Phoenix is still more affordable than most similar cities across the country.

    • Although rents across cities in Arizona have been slightly on the rise, the state's growth as a whole has held steady over the past year. For example, rents have grown by 1.3% in Tucson.
    • Phoenix's median two-bedroom rent of $1,102 is below the national average of $1,192. Nationwide, rents have held steady over the past year.
    • While Phoenix's rents rose slightly over the past year, some cities nationwide saw increases as well, including Albuquerque (+1.3%) and Las Vegas (+0.6%).
    • Renters will find more reasonable prices in Phoenix than most other large cities. For example, San Francisco has a median 2BR rent of $3,035, which is more than two-and-a-half times the price in Phoenix.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    City
    Median 1BR Rent
    Median 2BR Rent
    M/M Rent Growth
    Y/Y Rent Growth
    Phoenix
    $880
    $1,100
    -0.2%
    1.9%
    Mesa
    $920
    $1,150
    0
    2.9%
    Chandler
    $1,150
    $1,440
    -0.5%
    0.1%
    Glendale
    $940
    $1,180
    -0.1%
    2%
    Scottsdale
    $1,080
    $1,350
    -0.7%
    1%
    Gilbert
    $1,230
    $1,540
    -0.2%
    2.1%
    Tempe
    $970
    $1,210
    -0.5%
    0.3%
    Peoria
    $1,180
    $1,460
    -0.5%
    2.3%
    Surprise
    $1,080
    $1,350
    0
    0.1%
    Avondale
    $1,030
    $1,280
    0
    0.7%
    Goodyear
    $1,190
    $1,480
    0.3%
    3.7%
    Buckeye
    $980
    $1,230
    0
    1%
    Casa Grande
    $810
    $1,010
    0.7%
    1.4%
    Sun City
    $890
    $1,110
    0
    2.6%
    Apache Junction
    $590
    $730
    0.2%
    1.9%
    El Mirage
    $780
    $970
    0
    -0.2%
    Fountain Hills
    $1,050
    $1,310
    -0.4%
    0.1%
    See More

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

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