Cheap Apartments for Rent in 85003
87 rentals
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- $961 - $2,321/moStudio-4 Beds1-4 BathsANOVA Central Station | 311 N 1st Ave #701-B,
Phoenix, AZ 85003 - $1,177 - $2,477/moStudio-2 Beds1-2 BathsRoosevelt Square | 121 W Portland St #243B,
Phoenix, AZ 85003 - $1,250 - $1,875/mo2-3 Beds1-2 Baths357 North 6th Avenue | 357 N 6th Ave #11454963,
Phoenix, AZ 85003 - Total price$1,302 - $2,520/moStudio-2 Beds1-2 BathsUnion at Roosevelt II | 880 N 1st Ave #213,
Phoenix, AZ 85003 - $1,366 - $8,455/moStudio-2 Beds1-2 BathsMaeve Central Station | 50 W Van Buren St #1110,
Phoenix, AZ 85003 Save Search in 85003
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Average Rent Trends in 85003
Rent in 85003 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,937 |
| Jul 2025 | $1,766 |
| Aug 2025 | $1,765 |
| Sep 2025 | $1,715 |
| Oct 2025 | $1,746 |
| Nov 2025 | $1,729 |
| Dec 2025 | $1,600 |
| Jan 2026 | $1,800 |
| Feb 2026 | $1,949 |
| Mar 2026 | $1,950 |
| Apr 2026 | $1,836 |
| May 2026 | $1,708 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,675 | $2,395 | $2,600 | $6,500 | $1,704 |
| Townhomes | — | $1,500 | — | — | $1,500 |
| Apartments and Condos | $1,595 | $3,300 | $2,600 | — | $1,450 |
| Houses | $1,650 | $2,000 | $2,800 | $6,500 | $2,395 |
Frequently Asked Questions about Rentals in 85003
- What is the average rent in 85003?The average rent in 85003 is $1,704. Rent prices range from $687 to as much as $7,500, depending on the type of rental.
- How does the rent in 85003 compare to the national average?Average rent in 85003 is about 11% lower than the national average rent of $1,910. That means it is less expensive to rent in 85003 compared to the U.S. average.
- What is the average rent in 85003, by number of bedrooms?The average rent in 85003 is $1,050 for a studio, $1,675 for a 1 bedroom, $2,395 for a 2 bedroom, $2,600 for a 3 bedroom, and $6,500 for a 4 bedroom.
- How have rent prices in 85003 changed compared to last year?In the past year, the average rent price in 85003 has decreased by $67. That means the average rent is 4% lower than last year.
- How many available rental listings are in 85003?There are 79 available rental listings in 85003.
- What are some cities near 85003?Some nearby cities include: Phoenix, Guadalupe, Paradise Valley, Tempe, Maricopa Colony, Tolleson. These cities may have more rental options to explore.