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Updated 8 hours ago

Elara at Paradise Valley


15202 N 40th St Phoenix, AZ

Studio - 2 Bed
1 - 2 Bath

528 - 962 Sq. Ft.

Available Now
Deal

Up to $1,000 Off on 2-Bedrooms! (Move In By 12/31) *Restrictions Apply.

Studio • 1 Bath
$1,158 - $2,140
528 ft2
1 Available
06-1228
$1,158+
Available Jan 21st, 2026
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1 Bed • 1 Bath
$1,122 - $2,154
557 ft2
5 Available
08-1153
$1,122+
Available Dec 7th, 2025
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13-2191
$1,215+
Available Dec 27th, 2025
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03-1285
$1,227+
Available Jan 7th, 2026
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13-2185
$1,244+
Available Jan 18th, 2026
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16-2167
$1,211+
Available Feb 14th, 2026
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View Rented Units
2 Beds • 2 Bath
$1,162 - $2,437
962 ft2
16 Available
06-1124
$1,269+
Available Now
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05-1123
$1,355+
Available Now
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07-1146
$1,274+
Available Now
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06-1132
$1,284+
Available Now
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06-1227
$1,293+
Available Now
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16-2166
$1,313+
Available Now
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07-1151
$1,201+
Available Now
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08-1165
$1,326+
Available Now
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03-1294
$1,386+
Available Now
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03-1284
$1,301+
Available Dec 7th, 2025
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11-2213
$1,306+
Available Dec 7th, 2025
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08-1265
$1,335+
Available Dec 16th, 2025
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02-1269
$1,202+
Available Dec 17th, 2025
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09-2143
$1,355+
Available Dec 26th, 2025
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10-2234
$1,335+
Available Dec 31st, 2025
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13-2294
$1,162+
Available Feb 7th, 2026
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View Rented Units
Where you'll live
Street View
Map View
Satellite View
Amenities
In-unit Laundry
On-site Laundry
Air Conditioning
Refrigerator
Internet Included
Soothing Spa
Online Payments
Full Renovation
Horizontal Wood Accents
Led Lighting
Mirrored Closet Doors
Solar Screens
State-of-the-art Fitness Center
Tile Backsplash
Copy & Fax Services
Shimmering Swimming Pool
Play Area
Picnic Area With Barbecue
Upgraded Lighting And Plumbing Fixtures
White Shaker Style Cabinets With Pulls
Wood-like Flooring
Pool Table
On-site Maintenance
Pantry
Microwave
Clubhouse
Business Center
Breakfast Bar
Stainless Appliances
Dog Park
Tiled Kitchen Backsplashes
Online Community Portal
Cable Ready
Quartz Countertops
Range / Oven
Stainless Steel Appliances
Cable-ready
High-speed Internet
Secured Entry
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Park
Pet Friendly Community
Pet Fee: $400.00
Pet Rent: $35.00
Number Limit:

2

Parking
Covered Parking
Lease & Fees
Lease Length:

None

Property details
Description

Elara at Paradise Valley is delighted to offer exceptional floor plans that cater to every lifestyle. Choose from studio, one, and two bedroom apartments for rent featuring an impressive selection of stylish amenities that take life to the next level. You’ll love the stainless steel appliances, complemented by quartz countertops and a breakfast bar. Step into luxury with wood-style flooring and horizontal wood accents. White shaker-style cabinets and tile backsplash are special touches designed for you, and we’ve added solar screens to enhance your comfort.

Additional Details
Total Unit Count: 380
Last Updated: Updated 8 hours ago
Contact Number: (623) 462-4402
Office Hours
Sunday: 10:00 AM - 4:00 PM
Monday: 9:00 AM - 6:00 PM
Tuesday: 9:00 AM - 6:00 PM
Wednesday: 9:00 AM - 6:00 PM
Thursday: 9:00 AM - 6:00 PM
Friday: 9:00 AM - 6:00 PM
Saturday: 10:00 AM - 4:00 PM
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Cox Communications, Inc. 1000.0 35.0
Triad Wireless, LLC 300.0 50.0
CenturyLink, Inc. 60.0 5.0
CenturyLink, Inc. 40.0 5.0
ViaSat, Inc. 35.0 3.0
Data from June 2020 provided by the FCC
Social media posts
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Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Elara at Paradise Valley by bedroom type below.
Studio
Suggested income:
$41,700
per year
1 Bedroom
Suggested income:
$43,300
per year
2 Bedroom
Suggested income:
$46,500
per year
Rent report

Elara at Paradise Valley Rent vs. Phoenix Average

 Elara at Paradise Valley      Phoenix Average
Studio
$1,158
$1,038
$0
$400
$800
$1,200
$1,600
1BR
$1,204
$1,290
$0
$450
$900
$1,350
$1,800
2BR
$1,294
$1,592
$0
$550
$1,100
$1,650
$2,200

Elara at Paradise Valley is asking 7% less than the average 1 bedroom apartment in Phoenix.

If you upsized to an average priced Phoenix 2 bedroom apartment, you would pay 19% more per month.

If you downsized to an average priced Phoenix studio apartment, you would pay 24% less per month.

Elara at Paradise Valley provides 16% less square footage than the average Phoenix 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Elara at Paradise Valley
Studio $1,158 $2.20 $3,474
1BR $1,204 $2.20 $3,611
2BR $1,294 $1.30 $3,881
Phoenix Average
Studio $1,038 $2.40 $3,114
1BR $1,290 $1.90 $3,871
2BR $1,592 $1.70 $4,775
3BR $2,235 $1.60 $6,706
4BR $3,143 $1.60 $9,428

Availability in Phoenix

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 3,064 1BR units on the market in Phoenix. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
9% 42% 38% 9% 2%
Available Units in Phoenix
Studio 692
1BR 3,064
2BR 2,797
3BR 650
4BR 121
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Abrazo Scottsdale Campus 1.07 mi.
Mayo Clinic Arizona 3.35 mi.
Scottsdale Healthcare Thompson Peak 5.37 mi.
Nearby Fire Stations
Name Distance
Thunderbird Fire District 5.06 mi.
Phoenix Fire Department 5.06 mi.
North Hidden Valley Fire Department 5.06 mi.
FAQs
Is this property currently leasing units?
Yes. There are 22 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 20 units available for move-in over the next 2 months. 9 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 528 to 962 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are studio, 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,122 to $2,437. Elara at Paradise Valley has studio units available starting at $1,158, 1 bedroom units available starting at $1,122, and 2 bedroom units available starting at $1,201.
Where is this property located?
This property is at 15202 N 40th St in Phoenix, AZ. It's 13.4 miles north from the center of Phoenix.
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