Cheap Apartments for Rent in 85007
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PET FRIENDLYINCOME RESTRICTED$1,166 - $1,604/mo
1-2 Beds
1-2 BathsReNue Downtown Apartments | 1350 W Van Buren St,
Phoenix, AZ 85007
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Average Rent Trends in 85007
Rent in 85007 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Sep 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,395 |
| Nov 2025 | $1,399 |
| Dec 2025 | $1,395 |
| Jan 2026 | $1,325 |
| Feb 2026 | $1,300 |
| Mar 2026 | $1,265 |
| Apr 2026 | $1,295 |
| May 2026 | $1,300 |
| Jun 2026 | $1,350 |
| Jul 2026 | $1,262 |
| Aug 2026 | $1,299 |
| Sep 2026 | $1,262 |
Frequently Asked Questions about Rentals in 85007
- What is the average rent of an apartment in 85007?The average rent of an apartment in 85007 is $1,248 per month. This is about 36% lower than the national average.
- What are the cheapest months to find an apartment to rent in 85007?Last year, the cheapest month to find an apartment to rent was Feb 2025 when it was $1,250 per month.
- How many cheap apartments are available in 85007?There are 47 apartments to rent that are cheaper than the city’s average rent of $1,262.
- When is the average rent most expensive in 85007?In the last year, the average rent in 85007 was highest in Sep 2025 when it was $1,495 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 85007?The average rent of a 1 bedroom apartment in 85007 is $1,050 per month. That is about $150 more than the cost of a studio apartment.
- What are some cities near 85007?Some nearby cities include: Phoenix, Guadalupe, Maricopa Colony, Tempe, Paradise Valley, Tolleson. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 85007 - 120 Rentas | Trulia