Phoenix Apartments for Rent

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Popular Phoenix Apartments

Lexington On Central

Lexington On Central

Phoenix, Arizona, 85013

Studio/1 Bedroom$865 - $995

2 Bedrooms$1,040 - $1,320

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The Residences at FortyTwo25

The Residences at FortyTwo25

Phoenix, Arizona, 85008

3 Bedrooms$1,175

2 Bedrooms$865 - $975

1 Bedroom$695 - $765

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The Hawthorne

The Hawthorne

Phoenix, Arizona, 85013

1 Bedroom$865 - $905

3 Bedrooms$1,220

2 Bedrooms$975 - $1,100

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The Cascades Apartments

The Cascades Apartments

Phoenix, Arizona, 85018

Studio/1 Bedroom$599 - $1,015

2 Bedrooms$1,060 - $1,295

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Phoenix Apartments Info

Find Apartments in Phoenix, Arizona

Phoenix apartments are available in a wide variety of different neighborhoods and surrounding cities. You can easily find pet friendly apartments in Phoenix using our apartment finder or search for apartment amenities like a fitness center, swimming pool or off-street parking. Make sure that you check out our apartment guide to discover all that Phoenix has to offer during your rental apartment search.

Before you get started looking for apartments in Phoenix, check our apartment rental guide, which has great advice on finding and renting apartments in Phoenix. The MyNewPlace apartment guide features articles on how to most effectively rent apartments, tips for apartment searches, how to find affordable Phoenix apartments for rent, questions to ask the landlord of your rental apartment, and how to make sure your apartment rental is right for you.

Search Homes for Rent in Phoenix

Phoenix Apartment Rental Market

  • Household Income
    Household IncomeCityStateCity Compared to State
    Less than $10,0008.1%8.6% -0.5%
    $10,000 to $14,9996.0%6.4% -0.4%
    $15,000 to $19,9996.5%6.7% -0.2%
    $20,000 to $24,9997.0%7.2% -0.2%
    $25,000 to $29,9997.1%7.0% +0.1%
    $30,000 to $34,9997.0%6.9% +0.1%
    $35,000 to $39,9996.6%6.4% +0.2%
    $40,000 to $44,9996.0%5.9% +0.1%
    $45,000 to $49,9995.1%5.2% -0.1%
    $50,000 to $59,9999.2%9.1% +0.1%
    $60,000 to $74,99910.1%10.1% +0.0%
    $75,000 to $99,9999.9%9.7% +0.2%
    $100,000 to $124,9994.8%4.7% +0.1%
    $125,000 to $149,9992.3%2.2% +0.1%
    $150,000 to $199,9992.1%1.9% +0.2%
    $200,000 or more2.3%2.0% +0.3%
  • Cost of Living
    Share of Household Income Spent on RentCityStateCity Compared to State
    Less than 10.0%5.1%5.6% -0.5%
    10.0% to 14.9%10.5%10.1% +0.4%
    15.0% to 19.9%14.4%13.8% +0.6%
    20.0% to 24.9%13.9%13.1% +0.8%
    25.0% to 29.9%11.8%11.0% +0.8%
    30.0% to 34.9%8.5%7.8% +0.7%
    35.0% to 39.9%5.8%5.8% +0.0%
    40.0% to 49.9%8.1%7.4% +0.7%
    50.0% or more17.1%17.7% -0.6%
    Not computed4.9%7.7% -2.8%
  • Age Demographic of Renters
    Age Demographic of RentersCityStateCity Compared to State
    15 to 24 years15.6%16.1% -0.5%
    25 to 34 years32.1%29.0% +3.1%
    35 to 44 years23.1%22.1% +1.0%
    45 to 54 years14.2%14.3% -0.1%
    55 to 64 years6.7%7.3% -0.6%
    65 to 74 years3.9%4.8% -0.9%
    75 to 84 years3.0%4.2% -1.2%
    85 years and over1.3%2.1% -0.8%
  • Travel Time to Work
    Travel Time to WorkCityStateCity Compared to State
    Less than 30 minutes34.7%36.5% -1.8%
    30 to 44 minutes31.1%27.9% +3.2%
    45 to 59 minutes13.9%13.9% +0.0%
    60 or more minutes20.3%21.7% -1.4%

Source: 2000 Census

Phoenix, Arizona

Phoenix sprawls across a large valley on the banks of the usually dry Salt River. Surrounded on all sides by mountains, it has long been referred to as the Valley of the Sun. Arid and sunny, Phoenix started out as an agricultural town and later a mining one, but its fantastic climate quickly built it into a huge resort area and an ideal location for many large corporations.

Around Phoenix

Home to any number of Fortune 500 companies, Phoenix has become one of the top cities for living and working.  It has an excellent freeway system and provides very good bus service, and a light rail system is being built. Your choice of a Phoenix rental apartment will depend on planning your commute as well as incorporating your lifestyle choices into the decision.

Urban Villages

When you look for your Phoenix rental apartment, you should know that the city is divided into what are called urban villages.  There are 15 of them and smaller neighborhoods and districts are found within them. The downtown area is home to not only many major office buildings but high rise apartment buildings and loft conversions.

Nearby in areas like Encanto, historic houses sit side by side with newer apartment buildings. The Northwest portion of the city is home to several exclusive residential enclaves and is popular with those who want to be near golf courses and options for other outdoor pursuits. Except for those enclaves, you will quickly notice that all Phoenix neighborhoods are a very mixed.  Upscale areas turn into less desirable ones within a few blocks so you will want to do plenty of research.

Out and About in Phoenix

In downtown and midtown Phoenix, one finds a good selection of live theatre and the major complexes where sports fans find professional basketball, football, baseball and hockey. Museums, galleries and arty neighborhoods are scattered across the city in pockets. 

Since outdoor activities are the mainstay of Phoenix, the nightlife isn’t as prevalent but one can find plenty of action at places like the Merc Bar, Rhythm Room for music and national chains like the Hard Rock Cafe. The Biltmore Hotel is one of the ultimate dining destinations but Phoenix’ Hispanic influence provides remarkable Mexican dining at all sorts of restaurants from high end to 24 hour taco stands of some fame. Any Phoenix apartment will have many nearby choices. The Valley of the Sun is bound to become home quickly!

Average Apartment Rent in Phoenix, Arizona

# Bedrooms Oct Sep Aug 3 Month % change
Studio $552 $542 $507 8.9%
1 Bed $668 $667 $639 4.5%
2 Bed $827 $824 $791 4.6%
3 Bed $1,093 $1,144 $1,026 6.5%

See how Home Rentals compare in Phoenix

Phoenix Apartment Rental Trends

Apartments in Phoenix have competitive rents so be sure to use our apartment finder to get the best deal. In August the average rent for a 1 Bedroom Phoenix apartment cost $639. If you need a roommate, try finding a 2 bedroom apartment rental. An average 2 bedroom Phoenix apartment was $791 in August. The average apartment rent for a 3 bedroom apartment in August was $1,026. Start your apartment search by checking out some of the Phoenix rentals listed below.

Featured Phoenix Apartments for Rent

  • Santa Rosa Phoenix, AZ 85048

    Come experience Santa Rosa Luxury Apartments. A very special 'world' where the atmosphere of luxury living surrounds you. Here we've created a sanctuary with an elegant hint of Southwestern style and an accent on privacy you'll appreciate. Our one, two and three bedroom luxury residences have been thoughtfully planned and tastefully appointed to accommodate the most refined tastes. Community amenities include a lavish clubhouse with fully equipped fitness center and a welcoming social room with large screen TV. Other amenity highlights include a resort-style pool with spa and sundeck, gas barbecue areas and Ramada. There is also reserved covered parking and ample guest parking. Garage parking is also available for an additional fee.

  • Ingleside Phoenix, AZ 85018

    Located on the east side of Phoenix, Ingleside offers residents a community near the Tower Plaza Mall, East Camelback Road, and Route 51.

  • Sedona Ridge Phoenix, AZ 85044

    Sedona Ridge apartments are located in the heart of Ahwatukee. Adjacent to shopping, dining and recreational facilities. Our location provides excellent convenience and accessibility to Metro Phoenix, also with direct links to major area employers.

  • Casa Anita Phoenix, AZ 85035

    At Casa Anita you'll find well-designed floor plans that provide the space and features you desire in your new apartment home. And of course, we have all the essential recreational amenities too including a 24-hour fitness center, soothing pool and therapy spa, even free in home movies. We are conveniently located just North of the I-10 and east of the Loop-101, close to Desert Sky Mall, entertainment, and restaurants. We would love to have you as our newest VIP resident.

  • Brick Commons Phoenix, AZ 85014

    Welcome to Brick Commons Condominiums, conveniently located in the heart of the Midtown Financial-Arts District, where you are never far from the exceptional dining, shopping, and entertainment venues of downtown Phoenix. Enjoy the tranquility of our beautifully landscaped, gated community from your large patio, or take in the panoramic skyline and mountain views in select units. No matter which location you choose, you'll love being close to everything, yet secluded in a garden type setting across from the prestigious Phoenix Country Club. Please call for an Appointment.

  • The Residences on High Street Phoenix, AZ 85054

    The Residences on High Street Luxury Rentals offer an unprecedented level of luxury living amidst the world-class shopping, innovative dining, and entertainment of CityCenter of CityNorth. These unique one-and two-bedroom residences feature richly detailed desert-modern architecture and include a wide array of amenities, such as concierge service, a stunning outdoor pool, and private parking. Visit our sales and leasing gallery to reserve your luxury rental today!

  • Crestone Phoenix, AZ 85032

    Indulge in luxury at Crestone at Shadow Mountain. Soothing fountains welcome you to this elegant community, which features beautiful mountain views, spacious floorplans and a wealth of resident amenities. The light-filled one, two and three bedroom apartment homes offer the luxuries you desire including tall nine-foot ceilings, well-equipped kitchens with built-in microwaves and convenient in-home washers/dryers. Options such as breakfast nooks, cozy fireplaces and private garages further enhance your living experience. Complementing every Phoenix lifestyle, Crestone offers abundant community activity centers including tennis courts, sand volleyball, plus two pools and spas. Perhaps the best luxury of all is our ideal location near freeways, business parks, Paradise Valley Mall and the popular Shadow Mountain Park.

  • Monterey Village Phoenix, AZ 85008

    Situated in Central Phoenix, the Monterey Village Apartment Homes offer residents a welcoming and relaxing environment. This carefully designed community provides residents with a neighborhood setting, surrounded by lush landscaping and beautiful trees. Our studio, one and two bedroom apartment homes feature amenities such as air conditioning, microwaves, ceiling fans and covered parking. You'll enjoy entertaining friends on your private patio or balcony and unwinding by our beautiful swimming pool. Our location allows residents to easily access community shopping, entertainment and public transportation. We are a pet friendly community too! Call today to schedule your on-site visit and see why Monterey Village is the perfect place for you to call home.

  • Cobalt on 32nd Street Phoenix, AZ 85032

    Welcome home to Cobalt on 32nd Street in beautiful Phoenix, Arizona! If you've been searching for great apartment home living, there's no reason to look any further--everything you've come to expect from great apartment home living is here! Our ideal location puts you just minutes from local parks, shopping, dining, and entertainment hot spots. Whether it's a day at the park with the family or a night on the town, Cobalt on 32nd Street is your gateway to all that the Phoenix area has to offer while maintaining a peaceful neighborhood atmosphere.

  • Sierra Foothills Phoenix, AZ 85044

    Welcome to Sierra Foothills Apartments! Our Phoenix community is within walking distance from several shopping areas and is less than one mile from I-10. Located in the Kyrene School District. We have several unique and spacious floor plans available for our one and two bedroom apartments. Some of our homes include 16x16 ceramic tile floors with Berber carpeting and extra storage. We also have attached direct access or detached garages and lighted assigned parking available. Our community provides a resort styled swimming pool and spa. Residents can play an energetic match on our sand volleyball court or get a rigorous workout in fitness center. Come take a personal tour with our friendly and professional staff today!

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