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Apartments for Rent in Phoenix, AZ

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Average rent in Phoenix, Arizona

The average rent for a 1 bedroom apartment in Phoenix is $1,373+, while the average rent for a 2 bedroom apartment is $1,659+. Rent rates updated 6 days ago
Studio
$1,150+
Prices trending down
1 Bed
$1,373+
Prices trending down
2 Beds
$1,659+
Prices trending down
3+ Beds
$2,190+
Prices trending down
* Averages are based on the rental prices of properties listed on Apartment List that don’t include fees

Top neighborhoods

Top neighborhoods in Phoenix, AZ

  • Map of Arcadia

    Arcadia

    What's it like to live in Arcadia?

    Historic charm thrives under citrus groves near Camelback Mountain, offering renters walkable access to Biltmore Fashion Park's upscale shops. Converted 1950s ranch homes feature original terrazzo floors but lack modern insulation. Summer AC bills spike due to 110°F heatwaves, while monsoon floods test drainage systems.

    Great for

    • Families
    • Retirees
    • Professionals
    • Young Renters
    • Commuters

    Neighborhood vibe

    • Leafy
    • Upscale
    • Relaxed
    • Suburban
    View 32 listings
  • Map of Downtown Phoenix

    Downtown Phoenix

    What's it like to live in Downtown Phoenix?

    Urban renaissance defines Downtown Phoenix, where historic buildings and new construction create a dynamic mix in Arizona's growing urban core. Rental options include industrial-chic lofts and luxury high-rises with resort-style amenities targeting urban professionals. The neighborhood offers exceptional walkability to sports venues, restaurants, and the developing Roosevelt Row arts district, though summer heat creates challenging conditions for pedestrians during daylight hours when temperatures regularly exceed 110 degrees.

    Great for

    • Young Professionals
    • Tech Workers
    • Nightlife Enthusiasts
    • Commuters
    • Investors

    Neighborhood vibe

    • Urban
    • Bustling
    • Walkable
    View 46 listings
  • Map of Arcadia Lite

    Arcadia Lite

    What's it like to live in Arcadia Lite?

    Hipster charm permeates this Arcadia-adjacent enclave. Renters love mid-mod renovations but face 300% rent hikes since 2020. The Ingo's Tasty Food brunch crowd overwhelms street parking Sundays.

    Great for

    • Families
    • Retirees
    • Professionals
    • Young Renters
    • Commuters

    Neighborhood vibe

    • Mixed-Use
    • Peaceful
    • Mixed-Use & Commercial
    View 27 listings

Find more rentals by

Amenities
  • Phoenix Apartments with Garages (635)
  • Phoenix Apartments with Gyms (401)
  • Phoenix Apartments with Pools (903)
  • Phoenix Apartments with Washer-Dryers (998)
  • Phoenix Furnished Apartments (225)
  • Phoenix Luxury Apartments (1506)
  • Phoenix Pet Friendly Apartments (1445)
Bedrooms
  • 1 Bedroom Apartments in Phoenix (493)
  • Studio Apartments in Phoenix (192)
Price
  • Phoenix Apartments with Move-in Specials (285)
  • Phoenix Cheap Apartments (267)
Neighborhoods
  • Arcadia (32)
  • Downtown Phoenix (46)
  • Arcadia Lite (28)
  • Tramonto (6)
  • Biltmore (22)
  • Medlock Place (4)
  • Sonoran Foothills (5)
  • Booker T. Washington (5)

Frequently Asked Questions (FAQs)

Phoenix Rent Report: April 2026

Welcome to the Apartment List April 2026 Rent Report for Phoenix, AZ. Currently, the overall median rent in the city stands at $1,247, roughly the same as last month. Prices are now down 5.8% year-over-year. Read on to learn more about what’s been happening in the Phoenix rental market and how it compares to trends throughout the broader Phoenix metro area and the nation as a whole.

Phoenix Renter Confidence Survey

National study of renter’s satisfaction with their cities and states

Here’s how Phoenix ranks on:


Overview of Findings

Apartment List has released Phoenix’s results from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters nationwide, provides insight on what states and cities must do to meet the needs of the country’s 111 million renters.

"Phoenix renters expressed general satisfaction with the city overall," according to Apartment List. "However, there seems to be a discrepancy between millennial renters in Phoenix, who are unsatisfied (D), and renters who are parents (B-)."

Key Findings in Phoenix include the following:

  • Phoenix renters gave their city a B- overall.
  • The highest-rated categories for Phoenix were public transit and affordability, which received A- and B+ grades, respectively.
  • The areas of concern to Phoenix renters are quality of local schools (C+) and safety and low crime rate (C).
  • Phoenix millennials are unsatisfied with their city, giving it an overall rating of D, while renters who are parents are more satisfied, giving it a B-.
  • Phoenix did relatively well compared to other cities in Arizona, including Glendale (F), Tucson (D) and Mesa (C+).
  • Phoenix did relatively well compared to similar cities nationwide, including Los Angeles (C+), Las Vegas (C) and Miami (C+).
  • The top rated cities nationwide for renter satisfaction include Scottsdale, AZ, Irvine, CA, Boulder, CO and Ann Arbor, MI. The lowest rated cities include Tallahassee, FL, Stockton, CA, Dayton, OH, Detroit, MI and Newark, NJ.

Renters say:

  • "I love how easy it is to get to everything." -Jaxine C.
  • "Phoenix has great weather year-round, tons of available work, and friendly people." -Wendy B.
  • "In Phoenix, you’re never more than 15 minutes to great hiking or a few hours from national parks. Unfortunately, it’s not very bike friendly and the summers are miserably hot!" -Paula A.
  • "This city has access to everything and the cost of living is low compared to most states." -Anon.

For more information on the survey methodology and findings or to speak to one of our researchers, please contact our team at rentonomics@apartmentlist.com.

View our national survey results.

Renting in Phoenix: Tips and local insights

Navigate apartment hunting and city life like a local with our curated articles about Phoenix, Arizona.

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    Phoenix’s 10 Safest Neighborhoods Ranked by Crime Stats [2025]

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