Apartments For Rent By Private Owner in 85040

26 rentals

Apartments For Rent Near 85040

We found 30 more apartments matching your filters just outside 85040

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 Oct 2026 compared to the previous month. Rent previously peaked in Feb 2025.
MonthAverage rent
Nov 2025$1,559
Dec 2025$1,550
Jan 2026$1,700
Feb 2026$1,795
Mar 2026$1,895
Apr 2026$1,800
May 2026$1,750
Jun 2026$1,799
Jul 2026$1,688
Aug 2026$1,654
Sep 2026$1,799
Oct 2026$1,650
View as a graph

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 bed2 beds3 beds4 bedsAll
All home types$867$1,349$1,889$2,110$1,650
Townhomes$849$1,328$1,799—$1,757
Apartments and Condos$825$1,199$1,699$2,100$1,250
Houses$825$1,350$2,000$2,110$1,995

Frequently Asked Questions about Rentals in 85040

  • What is the average rent of an apartment in 85040?
    The average rent of an apartment in 85040 is $1,325 per month. This is about 31% lower than the national average.
  • When is the average rent cheapest in 85040?
    In the last year, the average rent in 85040 was lowest in Dec 2025 when it was $1,550 per month.
  • When is the average rent most expensive in 85040?
    In the last year, the average rent in 85040 was highest in Feb 2025 when it was $1,935 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 85040?
    The average rent of a 1 bedroom apartment in 85040 is $867 per month. That is about $83 less than the cost of a studio apartment.
  • How many available rental listings are in 85040?
    There are 103 available rental listings 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.