Apartments in North Phoenix

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3D Tour
$2,049
1750 W Union Hills Drive Unit 61 Phoenix, AZ
3 BR | Ask for Availability
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30
$1,318 - 2,960
20425 North 7th Street Phoenix, AZ
1 - 3 BR | Available Now
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24
$2,049
Phoenix, AZ
3 BR | Available Now
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38
$2,300
Phoenix, AZ
4 BR | Available Now
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Air Conditioning
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48
$2,699
425 E Marco Polo Rd Phoenix, AZ
3 BR | Ask for Availability
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Pool
$1,595
Phoenix, AZ
2 BR | Available Now
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14
$3,450
20007 N 19Th St Phoenix, AZ
4 BR | Ask for Availability
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16
$2,899
23221 N 20Th St Phoenix, AZ
4 BR | Ask for Availability
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19
$2,095
Phoenix, AZ
3 BR | Available Now
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18
$1,795
Phoenix, AZ
5 BR | Available Now
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2
$2,250
Phoenix, AZ
3 BR | Jun. 1, 2024
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1
$2,350
2241 E Heston Dr Phoenix, AZ
3 BR | May. 1, 2024
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20
$1,425 - 1,700
20050 N Cave Creek Road Phoenix, AZ
1 - 2 BR | Available Now
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14
$2,745
Phoenix, AZ
3 BR | Sep. 5, 2024
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10
$1,700 - 2,050
1905 W Pinnacle Peak Rd Phoenix, AZ
1 - 2 BR | Available Now
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9
$1,840 - 2,200
2335 E Utopia Rd Phoenix, AZ
2 - 3 BR | Available Now
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29
$1,546 - 2,718
24100 N 19th Ave Phoenix, AZ
1 - 3 BR | Available Now
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26
$1,490 - 2,345
18660 N. Cave Creek Road Phoenix, AZ
1 - 3 BR | Available Now
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$1,870 - 2,024
24825 N 19Th Ave Phoenix, AZ
Studio - 1 BR | Available Now
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27
Call for Pricing
2311 E. Union Hills Drive Phoenix, AZ
2 BR | Available Now
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Phoenix:
April Rent Report

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 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

$1,700
$1,280
$850
$430
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Phoenix Rent Prices Decrease From March to April

Phoenix rent prices decreased over the last month. From March to April, 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 $1,302.0.

When we take a look at the two-bedroom comparison from March to April, Phoenix experienced a -0.44% decrease for the price of a two-bedroom apartment. The rent price for a Phoenix two-bedroom apartments currently stands at $1,599.0.

April Prices: Phoenix vs. Surrounding Areas

Scottsdale, AZ
Gilbert, AZ
Chandler, AZ
Tempe, AZ
Mesa, AZ
Phoenix, AZ
Glendale, AZ
$1,858
$1,698
$1,630
$1,522
$1,445
$1,302
$1,285
$0
$650
$1,300
$1,950
$2,600
Median 1 BR Rent

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 3 of the Phoenix suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Tempe, AZ, Scottsdale, AZ, Chandler, AZ .

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

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

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

April 2024 Pricing Trends: Phoenix vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Phoenix, AZ
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,302
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

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 April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
Phoenix, AZ $1,302.0 -1.06% $1,606.0 -1.53%
Mesa, AZ $1,445.0 -1.30% $1,717.0 -0.23%
Tempe, AZ $1,522.0 0.40% $1,823.0 0.17%
Scottsdale, AZ $1,858.0 2.43% $2,211.0 1.94%
Glendale, AZ $1,285.0 -0.46% $1,574.0 -1.32%
Chandler, AZ $1,630.0 2.13% $1,833.0 1.61%
Gilbert, AZ $1,698.0 0.00% $2,049.0 0.25%

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.