Cheap Apartments for Rent in 86040
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Apartments For Rent Near 86040
We found 3 more apartments matching your filters just outside 86040
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Average Rent Trends in 86040
Rent in 86040 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,350 |
| Jul 2025 | $1,075 |
| Aug 2025 | $1,600 |
| Sep 2025 | $1,600 |
| Oct 2025 | $1,375 |
| Nov 2025 | $1,195 |
| Dec 2025 | $1,237 |
| Jan 2026 | $1,500 |
| Feb 2026 | $1,369 |
| Mar 2026 | $1,500 |
| Apr 2026 | $1,833 |
| May 2026 | $2,150 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,100 | $2,861 | $1,950 | — | $2,000 |
| Townhomes | — | $2,861 | — | — | $2,950 |
| Apartments and Condos | $1,100 | $1,500 | — | — | $1,200 |
| Houses | — | — | $2,450 | — | $2,450 |
Frequently Asked Questions about Rentals in 86040
- What is the average rent of an apartment in 86040?The average rent of an apartment in 86040 is $1,468 per month. This is about 24% lower than the national average.
- What is the average rent of a house in 86040?The average rent of a house in 86040 is $2,450 per month. This is about 27% higher than the national average.
- What is the average rent of a townhome in 86040?The average rent of a townhome in 86040 is $2,950 per month. This is about 53% higher than the national average.
- When is the average rent cheapest in 86040?In the last year, the average rent in 86040 was lowest in May 2025 when it was $1,075 per month.
- When is the average rent most expensive in 86040?In the last year, the average rent in 86040 was highest in Apr 2025 when it was $1,600 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 86040?The average rent of a 1 bedroom apartment in 86040 is $1,100 per month. That is about $0 more than the cost of a studio apartment.
- How many available rental listings are in 86040?There are 12 available rental listings in 86040.
- What are some cities near 86040?