Cheap Apartments for Rent in 85003
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SPECIAL OFFERPET FRIENDLYTotal price$1,288 - $2,660/mo
Studio-2 Beds
1-2 BathsUnion at Roosevelt II | 880 N 1st Ave,
Phoenix, AZ 85003
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SPECIAL OFFERPET FRIENDLY$1,507 - $8,443/moStudio-2 Beds1-2 BathsMaeve Central Station | 50 W Van Buren St,
Phoenix, AZ 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 increased in Sep 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,746 |
| Nov 2025 | $1,730 |
| Dec 2025 | $1,600 |
| Jan 2026 | $1,800 |
| Feb 2026 | $1,949 |
| Mar 2026 | $1,950 |
| Apr 2026 | $1,840 |
| May 2026 | $1,705 |
| Jun 2026 | $1,872 |
| Jul 2026 | $1,875 |
| Aug 2026 | $1,825 |
| Sep 2026 | $2,000 |
Average Rent By Bedroom and Home Type
In October 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 | $1,588 | $2,175 | $2,800 | $2,350 | $1,900 |
| Townhomes | $1,850 | — | $3,900 | — | $2,199 |
| Apartments and Condos | $1,350 | $2,175 | $2,089 | $2,350 | $1,875 |
| Houses | $1,450 | $2,145 | $2,800 | $3,700 | $3,032 |
Frequently Asked Questions about Rentals in 85003
- What is the average rent of an apartment in 85003?The average rent of an apartment in 85003 is $1,695 per month. This is about 13% lower than the national average.
- What are the cheapest months to find an apartment to rent in 85003?Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $1,600 per month.
- How many cheap apartments are available in 85003?There are 42 apartments to rent that are cheaper than the city’s average rent of $1,900.
- When is the average rent most expensive in 85003?In the last year, the average rent in 85003 was highest in Jun 2025 when it was $1,937 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 85003?The average rent of a 1 bedroom apartment in 85003 is $1,588 per month. That is about $233 more than the cost of a studio apartment.
- 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.
View this page in Spanish: Apartamentos baratos en renta en 85003 - 623 Rentas | Trulia