What's the average rent in Phoenix, AZ?

Rental Market Trends in Phoenix, AZ

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Phoenix, AZ is $1,850 per month, which is 4% lower than the national average rent of $1,930 per month.

AVERAGE RENT

$1,850

0.0%No change month over month

-7.3%-$145 decrease year-over-year

AVAILABLE RENTALS

4,887

APARTMENTS

$1,362

HOUSES

$2,400

TOWNHOUSES

$1,950

As of May 2026, apartments are the most affordable rental option in Phoenix, AZ at $1,362 per month, while houses are the most expensive at $2,400 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	$1,240
2 Bedrooms	$1,549
3 Bedrooms	$2,202
4 Bedrooms	$2,660
All	$1,866

As of May 2026, the average rent for a 1 bedroom rental in Phoenix, AZ is $1,240 per month, followed by $1,549 for a 2 bedroom rental, $2,202 for a 3 bedroom rental, and $2,660 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,472
2 Bedrooms	$1,795
3 Bedrooms	$2,300
4 Bedrooms	$2,400
All	$1,900

As of May 2026, the average rent for a 1 bedroom townhome in Phoenix, AZ is $1,472 per month, followed by $1,795 for a 2 bedroom townhome, $2,300 for a 3 bedroom townhome, and $2,400 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,250
2 Bedrooms	$1,499
3 Bedrooms	$2,000
4 Bedrooms	$1,450
All	$1,400

As of May 2026, the average rent for a 1 bedroom apartment in Phoenix, AZ is $1,250 per month, followed by $1,499 for a 2 bedroom apartment, $2,000 for a 3 bedroom apartment, and $1,450 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,408
2 Bedrooms	$2,000
3 Bedrooms	$2,280
4 Bedrooms	$2,750
All	$2,400

As of May 2026, the average rent for a 1 bedroom house in Phoenix, AZ is $1,408 per month, followed by $2,000 for a 2 bedroom house, $2,280 for a 3 bedroom house, and $2,750 for a 4 bedroom house.