Apartments in 85032

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$750
2621 E Greenway RD Phoenix, AZ
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How much does it cost to rent an apartment in 85032?

85032 apartments
Bed Type Average Rent Range
Studio $800 $770 - $1,180
1BR $1,360 $900 - $1,660
2BR $1,450 $950 - $1,960
3BR $2,050 $1,330 - $2,670
4+BR $2,820 $2,690 - $2,910
Find an Apartment in 85032
Are you searching for apartments near 85032 Phoenix, AZ? Look no further! Rentable currently has 306 available units for rent in this area. The average rent in 85032 is $1,420, with studio units starting at just $770.

So, whether you're looking for a cozy studio or a spacious apartment, Rentable's apartments in 85032 have something to suit your needs. Start your search today and find the perfect home in this desirable Phoenix location.

Phoenix:
May Rent Report

Welcome to the May 2026 Phoenix Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2026 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

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1 BR       2 BR

Phoenix Rent Prices Decrease From April to May

Phoenix rent prices decreased over the last month. From April to May, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Phoenix one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from April to May, Phoenix experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Phoenix two-bedroom apartments currently stands at $.

May 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 0 of the Phoenix suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Phoenix suburbs

  • Rents did not decrease in any of the Phoenix suburbs.

May 2026 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 May 1 BR M/M % Change 2 BR May 2 BR M/M % Change

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.