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Updated 43 minutes ago

Elara at Paradise Valley


15202 N 40th St Phoenix, AZ

Studio - 2 Bed
1 - 2 Bath

528 - 962 Sq. Ft.

Available Now
Deal

Get $800 OFF If You Move In By 8/31! Restrictions apply. Contact leasing office for details.

Studio • 1 Bath
$831 - $2,107
528 ft2
5 Available
11-2114
$831+
Available Now
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03-1188
$831+
Available Now
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03-1288
$831+
Available Sep 24th, 2026
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14-2274
$831+
Available Oct 6th, 2026
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13-2293
$831+
Available Oct 27th, 2026
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View Rented Units
1 Bed • 1 Bath
$1,006 - $2,099
557 ft2
12 Available
10-2220
$1,006+
Available Now
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09-2244
$1,006+
Available Now
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06-1125
$1,006+
Available Sep 9th, 2026
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05-1217
$1,006+
Available Sep 10th, 2026
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16-2167
$1,006+
Available Sep 30th, 2026
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07-1240
$1,006+
Available Oct 5th, 2026
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14-2177
$1,006+
Available Oct 7th, 2026
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02-1268
$1,006+
Available Oct 8th, 2026
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04-1202
$1,006+
Available Oct 8th, 2026
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10-2125
$1,006+
Available Oct 28th, 2026
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14-2271
$1,006+
Available Nov 7th, 2026
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14-2181
$1,006+
Available Nov 7th, 2026
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View Rented Units
2 Beds • 2 Bath
$1,212 - $2,420
962 ft2
7 Available
05-1115
$1,212+
Available Now
View
14-2270
$1,212+
Available Now
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08-1257
$1,212+
Available Now
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10-2237
$1,212+
Available Oct 7th, 2026
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14-2280
$1,212+
Available Oct 7th, 2026
View
04-1206
$1,212+
Available Oct 19th, 2026
View
08-1157
$1,212+
Available Nov 7th, 2026
View
View Rented Units
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
49
Car-Dependent
Transit Score®
35
Some Transit
Bike Score®
63
Bikeable
Amenities
In-unit Laundry
On-site Laundry
Air Conditioning
Refrigerator
Internet Included
Online Payments
State-of-the-art Fitness Center
Full Renovation
Horizontal Wood Accents
Led Lighting
Mirrored Closet Doors
Solar Screens
Tile Backsplash
Upgraded Lighting And Plumbing Fixtures
White Shaker Style Cabinets With Pulls
Wood-like Flooring
Pool Table
Copy & Fax Services
Picnic Area With Barbecue
Play Area
Shimmering Swimming Pool
Soothing Spa
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
Pet Park
Pet Friendly Community
Number Limit:

2

Pet Rent:

$35.00 Monthly due with rent

Cat:

| Restrictions: None One time

Breed Restrictions:

No restrictions

Cat Fee:

$400.00 One time due at move-in

Cat Rent:

$35.00 Monthly due with rent

Dog:

| Restrictions: None One time

Dog Fee:

$400.00 One time due at move-in

Dog Rent:

$35.00 Monthly due with rent

Pet / Animal Lease Violation:

Fee issued for unauthorized pets or violations of pet policy. One time due at move-in

Pet Fee:

Pet Fee One time due at move-in

Parking
Covered Parking
More Info:

$5.00 Monthly due with rent

Lease & Fees
Lease Length:

None

Access Device:

$50.00 One time due at move-in

Community Amenity Fee:

$15.00 Monthly due with rent

Community Amenity Set Up:

$25.00 One time due at move-in

Mtm Percent:

Percentage of rent Monthly due with rent

Security Deposit (refundable):

$500.00 - $1500.00 One time due at move-in

Security Deposit Alternative:

$20.00 - $39.00 Monthly due with rent

Concession Repayment:

Tenant repayment of rent discounts if lease terms are not met. One time due at move out

Early Lease Termination / Buyout:

Buyout for ending lease agreement before its scheduled end date. One time due at move out

Legal / Eviction Fee:

Costs associated with an eviction proceeding. One time

Insurance Fee:

$25.00 Monthly due with rent

Renter Liability - Third Party:

Expense related to required liability coverage through a third-party provider. Monthly due with rent

Property details
Description

Are you looking for the ultimate in apartment living in Phoenix, Arizona? Come home to Elara at Paradise Valley, an apartment community like no other. Perfectly situated in the desirable Paradise Valley neighborhood, we offer the best of both worlds - a peaceful retreat within the excitement of Phoenix just moments away. Just minutes from PV, Paradise Valley's newly reimagined lifestyle destination, you'll enjoy an exceptional mix of shopping, dining, entertainment, and everyday conveniences, all part of the area's exciting redevelopment and revitalization. With easy access to the Piestewa Freeway, exploring the best of the Valley is effortless.

Additional Details
Space Fee: 5.00
Access Device Replacement: $50.00 One time
Late Fee (flat): $50.00 One time
Lease Violation: Fee for non-compliance with lease terms or community policies. One time
Nsf Tenant Fee: $75.00 One time
Pest Control Services: $5.00 Monthly due with rent
Total Unit Count: 380
Last Updated: Updated 43 minutes 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:
$29,900
per year
1 Bedroom
Suggested income:
$36,200
per year
2 Bedroom
Suggested income:
$43,600
per year
Rent report

Elara at Paradise Valley Rent vs. Phoenix Average

 Elara at Paradise Valley      Phoenix Average
Studio
$831
$1,096
$0
$400
$800
$1,200
$1,600
1BR
$1,006
$1,301
$0
$450
$900
$1,350
$1,800
2BR
$1,212
$1,630
$0
$550
$1,100
$1,650
$2,200

Elara at Paradise Valley is asking 26% less than the average 2 bedroom apartment in Phoenix.

If you upsized to an average priced Phoenix 3 bedroom apartment, you would pay 29% more per month.

If you downsized to an average priced Phoenix 1 bedroom apartment, you would pay 25% less per month.

Elara at Paradise Valley provides 1% less square footage than the average Phoenix 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Elara at Paradise Valley
Studio $831 $1.60 $2,493
1BR $1,006 $1.80 $3,018
2BR $1,212 $1.30 $3,636
Phoenix Average
Studio $1,096 $2.40 $3,287
1BR $1,301 $1.90 $3,903
2BR $1,630 $1.70 $4,890
3BR $2,307 $1.70 $6,921
4BR $3,203 $1.70 $9,608

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 3,338 1BR units on the market in Phoenix. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
10% 40% 38% 9% 2%
Available Units in Phoenix
Studio 823
1BR 3,338
2BR 3,178
3BR 783
4BR 128
Location
Nearby Colleges
FAQs
Is this property currently leasing units?
Yes. There are 24 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 21 units available for move-in over the next 2 months. 7 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?
The property manager did not submit a pet policy with this listing.
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 $831 to $2,420. Elara at Paradise Valley has studio units available starting at $831, 1 bedroom units available starting at $1,006, and 2 bedroom units available starting at $1,212.
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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