111 Condos for rent in Phoenix, AZ

Last updated May 22 at 5:01pm UTC
1920 E BELL Road
Phoenix
Phoenix, AZ
Updated May 22 at 5:01pm UTC
2 Bedrooms
$1,250
16160 S 50TH Street
Phoenix
Phoenix, AZ
Updated May 22 at 5:01pm UTC
2 Bedrooms
$1,475
325 E CORONADO Road
Los Olivos
Phoenix, AZ
Updated May 22 at 5:00pm UTC
3 Bedrooms
$2,750
3131 E LEGACY Drive
Phoenix
Phoenix, AZ
Updated May 22 at 5:00pm UTC
3 Bedrooms
$2,700
3120 N 37th Street
Phoenix
Phoenix, AZ
Updated May 22 at 5:00pm UTC
3 Bedrooms
$1,700
4533 N 22ND Street
Phoenix
Phoenix, AZ
Updated May 22 at 5:00pm UTC
2 Bedrooms
$1,395
3935 E ROUGH RIDER Road
Phoenix
Phoenix, AZ
Updated May 22 at 5:00pm UTC
2 Bedrooms
$1,750
4401 N 40TH Street
Arcadia Lite
Phoenix, AZ
Updated May 22 at 5:00pm UTC
2 Bedrooms
$5,500
3935 E Rough Rider Road
Phoenix
Phoenix, AZ
Updated May 22 at 4:58pm UTC
2 Bedrooms
$3,500
6125 N CENTRAL Avenue
North Central Corridor
Phoenix, AZ
Updated May 22 at 4:57pm UTC
3 Bedrooms
$2,195
1633 W MISSOURI Avenue
Phoenix
Phoenix, AZ
Updated May 22 at 4:55pm UTC
2 Bedrooms
$739
4601 N 102ND Avenue
Villa de Paz
Phoenix, AZ
Updated May 22 at 8:20am UTC
2 Bedrooms
$920
20660 N 40TH Street
Phoenix
Phoenix, AZ
Updated May 22 at 8:19am UTC
2 Bedrooms
$2,200
16635 N CAVE CREEK Road
Phoenix
Phoenix, AZ
Updated May 21 at 9:25am UTC
2 Bedrooms
$925
7126 N 19th ave
Phoenix
Phoenix, AZ
Updated May 19 at 11:17am UTC
3 Bedrooms
$1,350
3296 E CAMELBACK Road
Camelback Corridor
Phoenix, AZ
Updated May 22 at 12:39pm UTC
3 Bedrooms
$10,000
3030 N 38TH Street
Citrus Acres
Phoenix, AZ
Updated May 22 at 12:37pm UTC
3 Bedrooms
$8,800
1747 E NORTHERN Avenue
Phoenix
Phoenix, AZ
Updated May 22 at 12:34pm UTC
2 Bedrooms
$1,795
6138 N 28TH Street
Phoenix
Phoenix, AZ
Updated May 22 at 8:22am UTC
2 Bedrooms
$2,150
3633 N 3RD Avenue
Central Avenue Corridor
Phoenix, AZ
Updated May 22 at 8:19am UTC
2 Bedrooms
$3,500
3440 N 38TH Street
Phoenix
Phoenix, AZ
Updated May 21 at 9:18am UTC
3 Bedrooms
$2,150
3416 W JULIE Drive
Phoenix
Phoenix, AZ
Updated May 19 at 12:57pm UTC
2 Bedrooms
$1,250
776 E EUGIE Avenue
Phoenix
Phoenix, AZ
Updated May 19 at 8:36am UTC
2 Bedrooms
$1,195
2315 E PINCHOT Avenue
Phoenix
Phoenix, AZ
Updated May 19 at 8:36am UTC
4 Bedrooms
$2,200
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May 2018 Phoenix Rent Report

Welcome to the May 2018 Phoenix Rent Report. Phoenix rents remained steady 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 Phoenix Rent Report
Rent Report
Phoenix

May 2018 Phoenix Rent Report

Welcome to the May 2018 Phoenix Rent Report. Phoenix rents remained steady 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 rent trends were flat over the past month

Phoenix rents have remained flat over the past month, however, they have increased moderately by 2.3% year-over-year. Currently, median rents in Phoenix stand at $830 for a one-bedroom apartment and $1,030 for a two-bedroom. Phoenix's year-over-year rent growth lags the state average of 2.5%, but exceeds the national average of 1.5%.

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.

  • Gilbert has the most expensive rents in the Phoenix metro, with a two-bedroom median of $1,410; the city has also seen rent growth of 1.1% over the past month, the fastest in the metro.
  • Over the past month, Surprise is the only city in the metro that has seen rents fall, with a decline of 0.1%. Median two-bedrooms there cost $1,350, while one-bedrooms go for $1,080.
  • Phoenix proper has the least expensive rents in the Phoenix metro, with a two-bedroom median of $1,030; rents rose 2.3% over the past year but remained flat month-over-month.

Phoenix rents more affordable than many similar cities nationwide

As rents have increased moderately in Phoenix, a few comparable cities nationwide have also seen rents grow modestly. Phoenix is still more affordable than most other large cities across the country.

  • Rents increased moderately in other cities across the state, with Arizona as a whole logging rent growth of 2.5% over the past year. For example, rents have grown by 2.0% in Tucson.
  • Phoenix's median two-bedroom rent of $1,030 is below the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 2.3% increase in Phoenix.
  • While Phoenix's rents rose moderately over the past year, many cities nationwide also saw increases, including Las Vegas (+4.6%), Los Angeles (+2.1%), and Albuquerque (+1.8%).
  • Renters will find more reasonable prices in Phoenix than most similar cities. For example, San Francisco has a median 2BR rent of $3,060, which is nearly three 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 price Median 2BR price M/M price change Y/Y price change
Phoenix $830 $1,030 0.3% 2.3%
Mesa $850 $1,060 0.4% 3.7%
Chandler $1,060 $1,320 0.6% 4.2%
Glendale $890 $1,110 0.4% 2.7%
Scottsdale $1,030 $1,280 0.0% 2.5%
Gilbert $1,130 $1,410 1.1% 3.9%
Tempe $910 $1,140 0.4% 3.1%
Peoria $1,100 $1,370 0.5% 4.6%
Surprise $1,080 $1,350 -0.1% 0.6%
Avondale $980 $1,220 0.5% 1.7%
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.