What's the average rent in Phoenix, AZ?

Rental Market Trends in Phoenix, AZ

SOURCE: TRULIA DATA

Rental market highlights

As of July 2026, the average rent in Phoenix, AZ is $1,866 per month, which is 4% lower than the national average rent of $1,951 per month.

AVERAGE RENT

$1,866

-0.3%-$6 decrease month-over-month

-5.5%-$109 decrease year-over-year

AVAILABLE RENTALS

5,148

APARTMENTS

$1,366

HOUSES

$2,410

TOWNHOUSES

$1,950

As of July 2026, apartments are the most affordable rental option in Phoenix, AZ at $1,366 per month, while houses are the most expensive at $2,410 per month. Townhomes average $1,950 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,235
2 Bedrooms	$1,550
3 Bedrooms	$2,232
4 Bedrooms	$2,600
All	$1,866

As of July 2026, the average rent for a 1 bedroom rental in Phoenix, AZ is $1,235 per month, followed by $1,550 for a 2 bedroom rental, $2,232 for a 3 bedroom rental, and $2,600 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,499
2 Bedrooms	$1,800
3 Bedrooms	$2,350
4 Bedrooms	$2,550
All	$1,950

As of July 2026, the average rent for a 1 bedroom townhome in Phoenix, AZ is $1,499 per month, followed by $1,800 for a 2 bedroom townhome, $2,350 for a 3 bedroom townhome, and $2,550 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,241
2 Bedrooms	$1,497
3 Bedrooms	$1,990
4 Bedrooms	$1,799
All	$1,400

As of July 2026, the average rent for a 1 bedroom apartment in Phoenix, AZ is $1,241 per month, followed by $1,497 for a 2 bedroom apartment, $1,990 for a 3 bedroom apartment, and $1,799 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,400
2 Bedrooms	$2,100
3 Bedrooms	$2,300
4 Bedrooms	$2,675
All	$2,410

As of July 2026, the average rent for a 1 bedroom house in Phoenix, AZ is $1,400 per month, followed by $2,100 for a 2 bedroom house, $2,300 for a 3 bedroom house, and $2,675 for a 4 bedroom house.