Apartments Under $700 in Phoenix, AZ: April Rental Information
Welcome to the April 2024 Phoenix Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 key findings and figures for the Phoenix rental landscape.
Our experts analyze the inventory trends for apartments under $700 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Phoenix and surrounding areas. This summary also provides an insight into available features and amenities, as well as location options for apartments under $700 in Phoenix. Prospective renters can use this information to get a better understanding of the rental market and make informed decisions about their apartment search.
This month, the typical cost to rent a one-bedroom apartment in Phoenix stands at $1,330, with the majority falling between $960 and $1,940. Out of the 15,538 one-bedroom apartments currently on the market in Phoenix, 222 are priced below $700, accounting for 1% of the total available one-bedroom units in Phoenix.
Available Apartments Under $700: Phoenix vs. Surrounding Areas