What's the average rent in Phoenix, AZ?

Rental Market Trends in Phoenix, AZ

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Phoenix, AZ is $1,859 per month, which is 5% lower than the national average rent of $1,962 per month.

AVERAGE RENT

$1,859

-0.5%-$10 decrease month-over-month

-3.4%-$66 decrease year-over-year

AVAILABLE RENTALS

5,024

APARTMENTS

$1,381

HOUSES

$2,386

TOWNHOUSES

$1,995

As of August 2026, apartments are the most affordable rental option in Phoenix, AZ at $1,381 per month, while houses are the most expensive at $2,386 per month. Townhomes average $1,995 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,233
2 Bedrooms	$1,545
3 Bedrooms	$2,200
4 Bedrooms	$2,525
All	$1,859

As of August 2026, the average rent for a 1 bedroom rental in Phoenix, AZ is $1,233 per month, followed by $1,545 for a 2 bedroom rental, $2,200 for a 3 bedroom rental, and $2,525 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,400
2 Bedrooms	$1,850
3 Bedrooms	$2,300
4 Bedrooms	$2,650
All	$1,995

As of August 2026, the average rent for a 1 bedroom townhome in Phoenix, AZ is $1,400 per month, followed by $1,850 for a 2 bedroom townhome, $2,300 for a 3 bedroom townhome, and $2,650 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,200
2 Bedrooms	$1,495
3 Bedrooms	$2,000
4 Bedrooms	$1,317
All	$1,400

As of August 2026, the average rent for a 1 bedroom apartment in Phoenix, AZ is $1,200 per month, followed by $1,495 for a 2 bedroom apartment, $2,000 for a 3 bedroom apartment, and $1,317 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,375
2 Bedrooms	$1,999
3 Bedrooms	$2,258
4 Bedrooms	$2,590
All	$2,386

As of August 2026, the average rent for a 1 bedroom house in Phoenix, AZ is $1,375 per month, followed by $1,999 for a 2 bedroom house, $2,258 for a 3 bedroom house, and $2,590 for a 4 bedroom house.