9 Cheap Apartments for rent in Surprise, AZ

Last updated January 23 at 3:25am UTC
13435 W Post Dr
West Point Towne Center
Surprise, AZ
Updated January 11 at 11:57am UTC
3 Bedrooms
$1,050
12617 W Bloomfield
Parque Verde
El Mirage, AZ
Updated January 19 at 11:06am UTC
3 Bedrooms
$1,000
24231 W PATTON Road
Wittmann
Wittmann, AZ
Updated January 15 at 9:12am UTC
3 Bedrooms
$950
14300 W BELL Road
Surprise
Surprise, AZ
Updated January 11 at 10:51am UTC
1 Bedroom
$895
Results within 1 miles of Surprise, AZ
N 132nd Ln
Roseview
Surprise, AZ
Updated January 19 at 8:27am UTC
3 Bedrooms
$1,025
W Ventura St
Ashton Ranch
Surprise, AZ
Updated January 17 at 8:20am UTC
3 Bedrooms
$1,050
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January 2018 Surprise Rent Report

Welcome to the January 2018 Surprise Rent Report. Surprise rents declined over the past month. In this report, we'll evaluate trends in the Surprise rental market, including comparisons to cities throughout the metro, state, and nation.

View full Surprise Rent Report
Rent Report
Surprise

January 2018 Surprise Rent Report

Welcome to the January 2018 Surprise Rent Report. Surprise rents declined over the past month. In this report, we'll evaluate trends in the Surprise rental market, including comparisons to cities throughout the metro, state, and nation.

Surprise rents declined over the past month

Surprise rents have declined 0.8% over the past month, but are up slightly by 1.9% in comparison to the same time last year. Currently, median rents in Surprise stand at $1,070 for a one-bedroom apartment and $1,340 for a two-bedroom. This is the third straight month that the city has seen rent decreases after an increase in September. Surprise's year-over-year rent growth lags the state average of 3.9%, as well as the national average of 2.8%.

Rents rising across the Phoenix Metro

Throughout the past year, rent increases have been occurring not just in the city of Surprise, 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 6.5% over the past year, the fastest in the metro.
  • Over the past month, Surprise has seen the biggest rent drop in the metro, with a decline of 0.8%. Median two-bedrooms there cost $1,340, while one-bedrooms go for $1,070.
  • Phoenix proper has the least expensive rents in the Phoenix metro, with a two-bedroom median of $1,020; rents increased 3.8% over the past year but remained flat month-over-month.

Surprise rents more affordable than many large cities nationwide

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

  • Rents increased moderately in other cities across the state, with Arizona as a whole logging rent growth of 3.9% over the past year. For example, rents have grown by 3.8% in Tucson.
  • Surprise's median two-bedroom rent of $1,340 is above the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 1.9% rise in Surprise.
  • While Surprise's rents rose slightly over the past year, many cities nationwide also saw increases, including Los Angeles (+5.4%), Las Vegas (+4.4%), and Seattle (+3.0%).
  • Renters will find more reasonable prices in Surprise than most large cities. For example, San Francisco has a median 2BR rent of $3,010, which is more than twice the price in Surprise.

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 $820 $1,020 0.1% 3.8%
Mesa $840 $1,050 -0.0% 5.4%
Chandler $1,060 $1,320 0.7% 5.9%
Glendale $870 $1,090 -0.5% 3.9%
Scottsdale $1,020 $1,270 0.2% 2.3%
Gilbert $1,130 $1,410 1.5% 6.5%
Tempe $900 $1,130 0.4% 4.3%
Peoria $1,080 $1,340 0.6% 3.1%
Surprise $1,070 $1,340 -0.8% 1.9%
Avondale $970 $1,200 0.1% 2.1%
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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.