Apartments in 85040
47 rentals
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,603 - $2,341/mo
1-3 Beds
1-2 BathsSolara Vista | 5885 S 32nd St #3099,
Phoenix, AZ 85040
Use arrow keys to navigate$720 - $825/moStudio-1 Bed1 BathCloudbreak Communities - Victory Place | 850 E Jones Ave #ee3e0463c,
Phoenix, AZ 85040
Use arrow keys to navigatePET FRIENDLYINCOME RESTRICTED$841 - $1,175/mo1-2 Beds1-2 BathsMirabella Senior Apartments | 5609 S Central Ave #111,
Phoenix, AZ 85040
Use arrow keys to navigateNEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$1,399 - $1,860/mo1-2 Beds1-2 BathsParc South Mountain | 3400 E Southern Ave #343,
Phoenix, AZ 85040
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY
Use arrow keys to navigatePET FRIENDLYFURNISHED
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY
NEW - 11 HRS AGOSPECIAL OFFERPET FRIENDLY$950 - $1,995/moStudio-3 Beds1-2 BathsMountain Vista Apartments | 358 E Roeser Rd #104,
Phoenix, AZ 85040
PET FRIENDLY
APPLY INSTANTLYPET FRIENDLY- APPLY INSTANTLYPET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
APPLY INSTANTLYPET FRIENDLYFURNISHED
APPLY INSTANTLYPET FRIENDLY
FURNISHEDROOM FOR RENT
PET FRIENDLY
PET FRIENDLYFURNISHED
PET FRIENDLYFURNISHED
NEW - 13 HRS AGOAPPLY INSTANTLYPET FRIENDLYFURNISHED
NEW - 1 DAY AGOAPPLY INSTANTLYFURNISHEDROOM FOR RENT
APPLY INSTANTLYFURNISHED
APPLY INSTANTLYFURNISHEDROOM FOR RENT
APPLY INSTANTLYPET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
APPLY INSTANTLY
APPLY INSTANTLYPET FRIENDLY
APPLY INSTANTLYPET FRIENDLYFURNISHED
APPLY INSTANTLY
APPLY INSTANTLYPET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
NEW - 2 DAYS AGOPET FRIENDLY
PET FRIENDLY
NEW - 8 HRS AGOPET FRIENDLY
Save Search in 85040
85040ApartmentGet emails when new homes match this search
Average Rent Trends in 85040
Rent in 85040 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 Feb 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,638 |
| Jul 2025 | $1,591 |
| Aug 2025 | $1,453 |
| Sep 2025 | $1,346 |
| Oct 2025 | $1,406 |
| Nov 2025 | $1,314 |
| Dec 2025 | $1,357 |
| Jan 2026 | $1,404 |
| Feb 2026 | $1,497 |
| Mar 2026 | $1,548 |
| Apr 2026 | $1,517 |
| May 2026 | $1,460 |
Average Rent By Bedroom and Home Type
In May 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,197 | $1,300 | $1,990 | $2,295 | $1,799 |
| Townhomes | — | $1,300 | $2,050 | — | $1,450 |
| Apartments and Condos | $995 | $1,239 | $1,800 | $1,799 | $1,650 |
| Houses | $700 | $1,750 | $2,084 | $2,400 | $2,200 |
Frequently Asked Questions about Apartments and Condos for rent in 85040
- What is the average rent of an apartment or condo in 85040?The average rent of an apartment or condo in 85040 is $1,686. Rent prices range from $650 to as much as $3,828, depending on the type of apartment or condo.
- How does the rent of an apartment or condo in 85040 compare to the national average?Average rent of an apartment or condo in 85040 is about 12% lower than the national average rent of $1,910 for an apartment or condo. That means it is less expensive to rent an apartment or condo in 85040 compared to the U.S. average.
- What is the average rent of an apartment or condo in 85040, by number of bedrooms?The average rent of an apartment or condo in 85040 is $950 for a studio, $1,131 for a 1 bedroom, $1,321 for a 2 bedroom, $2,088 for a 3 bedroom, and $1,829 for a 4 bedroom.
- How have rent prices of an apartment or condo in 85040 changed compared to last year?In the past year, the average rent price of an apartment or condo in 85040 has increased by $184. That means the average rent of an apartment or condo is 11% higher than last year.
- How many apartments or condos are available to rent in 85040?There are 55 available apartments or condos to rent in 85040.
- What are some cities near 85040?Some nearby cities include: Guadalupe, Tempe, Paradise Valley, Komatke, Saint Johns, Phoenix. These cities may have more rental options to explore.