Townhomes For Rent in 85040
19 rentals
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Use arrow keys to navigateNEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLYTotal price$2,160 - $2,335/mo
4 Beds
3 BathsRaymond Place Townhomes | 3850 S 18th St #39,
Phoenix, AZ 85040
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Apartments For Rent Near 85040
We found 25 more apartments matching your filters just outside 85040
Use arrow keys to navigateNEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLYTotal price$1,995 - $2,395/mo3-4 Beds3 BathsElevate on Vineyard Townhomes | 6821 S Montezuma St #54,
Phoenix, AZ 85041
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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 increased in Apr 2026 compared to the previous month. Rent previously peaked in Mar 2025.
| Month | Average rent |
|---|---|
| May 2025 | $1,720 |
| Jun 2025 | $1,750 |
| Jul 2025 | $1,799 |
| Aug 2025 | $1,550 |
| Sep 2025 | $1,650 |
| Oct 2025 | $1,495 |
| Nov 2025 | $1,295 |
| Dec 2025 | $1,280 |
| Jan 2026 | $1,400 |
| Feb 2026 | $1,600 |
| Mar 2026 | $1,700 |
| Apr 2026 | $1,799 |
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 | $1,089 | $1,300 | $2,005 | $2,295 | $1,750 |
| Townhomes | — | $1,300 | $2,149 | $1,999 | $1,312 |
| Apartments and Condos | $995 | $1,200 | $1,875 | $936 | $1,650 |
| Houses | $800 | $1,525 | $2,057 | $2,450 | $2,057 |
Frequently Asked Questions about Townhomes for rent in 85040
- What is the average rent of a townhome in 85040?The average rent of a townhome in 85040 is $1,450. Rent prices range from $850 to as much as $2,700, depending on the type of townhome.
- How does the rent of a townhome in 85040 compare to the national average?Average rent of a townhome in 85040 is about 24% lower than the national average rent of $1,910 for a townhome. That means it is less expensive to rent a townhome in 85040 compared to the U.S. average.
- What is the average rent of a townhome in 85040, by number of bedrooms?The average rent of a townhome in 85040 is $ for a studio, $ for a 1 bedroom, $1,300 for a 2 bedroom, $2,050 for a 3 bedroom, and $ for a 4 bedroom.
- How have rent prices of a townhome in 85040 changed compared to last year?In the past year, the average rent price of a townhome in 85040 has decreased by $250. That means the average rent of a townhome is 17% lower than last year.
- How many townhomes are available to rent in 85040?There are 13 available townhomes 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.