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Residence at McDowell
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S29
(833) 693-5205
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Thom Slate on Thomas
(602) 264-7260
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Kenect Phoenix
(602) 742-2913
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2230 East Willetta Street
(334) 569-5020
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Siegel Suites - Phoenix
(480) 568-2559
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Furnished Apartments in Phoenix, AZ

1 of 6 Results
43
$1,262 - 1,650
Residence at McDowell
Deal
2.2
8225 West Mcdowell Road Phoenix, AZ
Studio - 2 BR | Available Now
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Furnished
Dog Friendly
Cat Friendly
Surface Parking
Fitness Center
28
Call for Pricing
S29
Deal
2.2
2912 E Indian School RD Phoenix, AZ
Studio - 1 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
18
$1,025 - 1,240
Thom Slate on Thomas
1350 E Thomas RD Phoenix, AZ
Studio - 1 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
Pool
57
$1,390 - 2,290
Kenect Phoenix
Deal
355 North Central Ave. Phoenix, AZ
Studio - 3 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
4
$1,000
2230 East Willetta Street
Phoenix, AZ
2 BR | Ask for Availability
Contact
Heat Included
Furnished
Dog Friendly
Cat Friendly
House
10
$1,356 - 1,831
Siegel Suites - Phoenix
1241 N 53rd Ave Phoenix, AZ
Studio - 1 BR | Available Now
Contact
Heat Included
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
1 - 6 of 6 Results
  1. Home
  2. Phoenix
  3. Furnished Apartments

How much does it cost to rent a furnished apartment in Phoenix?

furnished apartments
Bed Type Average Rent Range
Studio $1,520 $1,260 - $1,750
1BR $1,810 $1,140 - $2,270
2BR $1,650 $1,000 - $1,650
3BR $1,500 $1,400 - $1,520
Phoenix Apartments
Bed Type Average Rent Range
Studio $1,130 $870 - $1,720
1BR $1,270 $930 - $1,860
2BR $1,540 $1,100 - $2,270
3BR $2,050 $1,270 - $3,200
4+BR $2,540 $1,100 - $9,400
Phoenix Furnished Apartments vs. Phoenix Average
Frequently Asked Questions

How many apartments are available in Phoenix, AZ on Rentable.co?

Rentable.co has over 73,338 apartments available in Phoenix.

What is the average rent for a studio apartment in Phoenix, AZ?

The average rent for a studio apartment in Phoenix is around $1,130 per month.

What is the average rent for a one-bedroom apartment in Phoenix, AZ?

The average rent for a one-bedroom apartment in Phoenix is around $1,270 per month.

What is the average rent for a two-bedroom apartment in Phoenix, AZ?

The average rent for a two-bedroom apartment in Phoenix is around $1,540 per month.

How expensive is living in Phoenix, AZ?

Based on average rent prices in Phoenix, to afford a studio apartment you would need an annual salary of $45,000 to live comfortably.

How many furnished apartments are available in Phoenix, AZ on Rentable.co?

Rentable.co has 6 furnished apartments available for rent in Phoenix.

What is the average rent for a furnished apartment in Phoenix, AZ?

The average rent for a furnished apartment in Phoenix is around $1,510 per month.

Which neighborhoods have the most furnished apartments for rent in Phoenix, AZ?

  1. Downtown Phoenix

Asset 2
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Phoenix:
March Rent Report

Welcome to the March 2023 Phoenix Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2023 key findings and figures for the Phoenix rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Phoenix and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Phoenix average rent prices in the chart below.

Monthly Rent Report

Phoenix Rent Prices Decrease From February to March

Phoenix rent prices decreased over the last month. From February to March, the city experienced a 0.0% decrease for the price of a one-bedroom apartment. The rent price for a Phoenix one-bedroom apartments currently stands at $1,290.0.

When we take a look at the two-bedroom comparison from February to March, Phoenix experienced a -0.5% decrease for the price of a two-bedroom apartment. The rent price for a Phoenix two-bedroom apartments currently stands at $1,580.0.

March Prices: Phoenix vs. Surrounding Areas

Rent Prices in Phoenix and Surrounding Areas

Rent prices have decreased in Phoenix over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 2 of the Phoenix suburbs increased last month. On the other hand, 5 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Scottsdale, AZ, Guadalupe, AZ .

  • Rent decreased in Mesa, AZ, Tempe, AZ, Glendale, AZ, Chandler, AZ, Gilbert, AZ.

  • 6 suburbs are currently priced higher than the city of Phoenix.

  • 1 suburb is currently priced lower than the city of Phoenix.

March 2023 Pricing Trends: Phoenix vs. National Comparisons

Phoenix Rent Prices More Affordable Than Major Cities

Rent growth in Phoenix over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Phoenix average rent prices appear to be relatively affordable for local residents.

The price for a Phoenix one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Phoenix and surrounding area rent prices, take a look at the complete data set below.

Data set for Phoenix and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change
Phoenix, AZ $1,290.0 -0.69% $1,588.0 -0.94%
Mesa, AZ $1,495.0 -1.39% $1,715.0 -2.22%
Tempe, AZ $1,459.0 -0.55% $1,829.0 -1.51%
Scottsdale, AZ $1,861.0 0.70% $2,195.0 0.69%
Glendale, AZ $1,377.0 -1.01% $1,751.0 -1.13%
Chandler, AZ $1,593.0 -1.67% $1,873.0 -0.90%
Gilbert, AZ $1,667.0 -0.89% $1,859.0 -0.64%
Guadalupe, AZ $1,255.0 1.05% $1,818.0 -3.50%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.