Rooms For Rent in 85040

3 rentals

  • 2019 E  Southern Ave, Phoenix, AZ 85040
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    NEW - 2 DAYS AGO
    APPLY INSTANTLY
    FURNISHED
    ROOM FOR RENT
    $675/mo
    Total price
    7 Beds
    2 Baths
    Room for rent
    2019 E Southern Ave,
    Phoenix, AZ 85040
  • 2331 E  Grenadine Rd #2, Phoenix, AZ 85040
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    APPLY INSTANTLY
    FURNISHED
    ROOM FOR RENT
    $775/mo
    5 Beds
    3 Baths
    Room for rent
    2331 E Grenadine Rd #2,
    Phoenix, AZ 85040
  • 5751 S  21st Ter, Phoenix, AZ 85040
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    APPLY INSTANTLY
    FURNISHED
    ROOM FOR RENT
    $850/mo
    3 Beds
    2 Baths
    Room for rent
    5751 S 21st Ter,
    Phoenix, AZ 85040
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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 increased in Jun 2026 compared to the previous month. Rent previously peaked in Feb 2025.
MonthAverage rent
Jul 2025$1,825
Aug 2025$1,787
Sep 2025$1,685
Oct 2025$1,600
Nov 2025$1,566
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
View as a graph

Average Rent By Bedroom and Home Type

In June 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,197$1,389$2,000$2,350$1,799
Townhomes—$1,300$1,450—$1,300
Apartments and Condos$1,199$1,289$1,950$2,350$1,650
Houses$800$1,750$2,303$2,495$2,310

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 $1,652 per month. This is about 15% lower than the national average.
  • What is the average rent of a house in 85040?
    The average rent of a house in 85040 is $2,310 per month. This is about 18% higher than the national average.
  • What is the average rent of a townhome in 85040?
    The average rent of a townhome in 85040 is $1,300 per month. This is about 33% 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 $1,197 per month. That is about $247 more 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.