Apartments in 85003

1 - 13 of 13 Results
112
$2,109 - 6,283
Deal
44 W Monroe St Phoenix, AZ
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
32
$2,050
Phoenix, AZ
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Dishwasher
30
$1,470 - 3,506
400 N 2nd Ave Phoenix, AZ
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
37
$1,695
342 W Willetta St Phoenix, AZ
2 BR | May. 20, 2024
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
36
$2,695
Phoenix, AZ
2 BR | Ask for Availability
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House
Air Conditioning
In Unit Laundry
Dishwasher
6
$1,800
Phoenix, AZ
1 BR | Jun. 1, 2024
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
14
$2,745
Phoenix, AZ
1 BR | Feb. 5, 2025
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Dog Friendly
House
Storage
Disability Access
8
$1,159
617 N 3rd Ave Phoenix, AZ
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Pool
10
$1,195
Phoenix, AZ
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
10
$616
345 North 5th Avenue Phoenix, AZ
1 BR | Ask for Availability
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Luxury
Section 8
Covered Parking
Pool
Downtown Phoenix
20
$1,394 - 2,464
121 West Portland Street Phoenix, AZ
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
$2,100
Phoenix, AZ
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Fitness Center
Storage
$1,695
Phoenix, AZ
2 BR | May. 10, 2024
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1 - 13 of 13 Results
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How much does it cost to rent an apartment in 85003?

85003 apartments
Bed Type Average Rent Range
Studio $1,660 $1,400 - $1,900
1BR $1,630 $1,160 - $2,520
2BR $2,150 $1,700 - $3,800
3BR $6,280 $6,280 - $6,280
Find an Apartment in 85003
Looking for apartments for rent in the 85003 zip code of Phoenix, AZ? Rentable has a variety of options available! Currently, there are 109 units for rent in this area. The average rent in 85003 is $1,710, with affordable 1-bedroom units starting at $1,159.

The top neighborhoods in 85003 include Downtown Phoenix, which offers a bustling urban environment with trendy restaurants, bars, and shops. Living in Downtown Phoenix puts you close to popular points of interest such as the Phoenix Convention Center, Chase Field, and the Arizona Science Center. This neighborhood is perfect for those seeking the excitement of city living.

If you're looking for apartments near 85003, Rentable has a wide range of options to choose from. Explore our listings and find the perfect rental that suits your needs and preferences. Whether you're searching for a studio, one-bedroom, or larger apartment, Rentable has the right place for you in the 85003 area of Phoenix, AZ. Don't miss out on the opportunity to live in this vibrant and thriving part of the city. Start your search today and find your dream rental!

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.