Townhomes For Rent in 85040
25 rentals
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,795 - $1,995/mo
3 Beds
3 BathsSouth Mountain Shadows | 1672 E Chipman Rd,
Phoenix, AZ 85040
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$2,145 - $2,160/mo4 Beds3 BathsRaymond Place Townhomes | 3850 S 18th St,
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$1,795 - $2,295/mo3-4 Beds3 BathsElevate on Vineyard Townhomes | 6821 S Montezuma St,
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 for a townhome increased in Aug 2026 compared to the previous month. Rent for townhomes peaked in Mar 2025.
| Month | Average rent |
|---|---|
| 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 |
| May 2026 | $1,450 |
| Jun 2026 | $1,300 |
| Jul 2026 | $1,395 |
| Aug 2026 | $1,639 |
Average Rent By Bedroom and Home Type
In August 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 | $1,197 | $1,395 | $2,000 | $2,200 | $1,672 |
| Townhomes | $850 | $1,400 | $2,095 | — | $1,645 |
| Apartments and Condos | $949 | $1,095 | $1,660 | $1,799 | $1,295 |
| Houses | $1,695 | $1,695 | $2,145 | $2,399 | $2,199 |
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 $1,645 per month. This is about 16% lower than the national average.
- When is the average rent for a townhome cheapest in 85040?In the last year, the average rent in 85040 was lowest in Dec 2025 when it was $1,280 per month.
- When is the average rent for a townhome most expensive in 85040?In the last year, the average rent in 85040 was highest in Mar 2025 when it was $1,845 per month.
- How does the rent of a 3 bedroom townhome compare to a 2 bedroom townhome in 85040?The average rent of a 3 bedroom townhome in 85040 is $2,095 per month. That is about $695 more than the cost of a 2 bedroom townhome.
- How many townhomes are available to rent in 85040?There are 14 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.
View this page in Spanish: Casas adosadas en renta en los alrededores de 85040 - 65 Casas adosadas | Trulia