Apartments in 85054

1 - 8 of 8 Results

14

Ninety Degrees Apartment for rent in Phoenix, AZ

$1,304 - 2,169

Ninety Degrees

Deal

18440 North 68Th Street Phoenix, AZ

Studio - 2 BR | Available Now

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Dog Friendly

Cat Friendly

Luxury

Air Conditioning

Covered Parking

29

3D Tour

San Milan Apartment for rent in Phoenix, AZ

$1,905 - 3,099

San Milan

3.1

6975 E. Princess Drive Phoenix, AZ

1 - 3 BR | Available Now

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Dog Friendly

Cat Friendly

Virtual Tour

Luxury

Air Conditioning

55

22463 N 54th St Apartment for rent in Phoenix, AZ

$6,950

22463 N 54th St

Phoenix, AZ

3 BR | May. 16, 2025

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Cat Friendly

House

Dishwasher

76

Camden North End Apartment for rent in Phoenix, AZ

$1,529 - 3,819

Camden North End

Deal

6800 E Mayo Blvd Phoenix, AZ

Studio - 3 BR | Available Now

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14

6900 E Princess Dr Unit 2203 Apartment for rent in Phoenix, AZ

$1,950

6900 E Princess Dr Unit 2203

Phoenix, AZ

2 BR | Available Now

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Dog Friendly

Cat Friendly

Storage

Dishwasher

50

21843 N 51st St Apartment for rent in Phoenix, AZ

$3,500

21843 N 51st St

Phoenix, AZ

3 BR | Available Now

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House

Air Conditioning

Balcony/Deck/Patio

17

5450 E Deer Valley Dr Unit 1215 Apartment for rent in Phoenix, AZ

$2,500

5450 E Deer Valley Dr Unit 1215

Phoenix, AZ

2 BR | Available Now

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Balcony/Deck/Patio

Storage

18

The Catherine Apartment for rent in Scottsdale, AZ

$1,570 - 3,144

The Catherine

17212 N. Scottsdale Rd. Scottsdale, AZ

1 - 3 BR | Available Now

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1 - 8 of 8 Results

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Phoenix
85054

Find an Apartment in 85054

Are you searching for apartments for rent in the 85054 zip code in Phoenix, AZ? Look no further! Rentable has a variety of rental options available for you. Currently, there are 165 units for rent in this area. The average rent in 85054 is $1,920, and you can find studio units starting at $1,290.

The 85054 zip code is home to several attractive neighborhoods, such as Desert Ridge, Explorer's Place, and Tatum Highlands. These neighborhoods offer a vibrant community with many amenities and conveniences. Nearby attractions include the Desert Ridge Marketplace, a popular shopping and entertainment destination, and the scenic Paradise Valley Park, perfect for outdoor activities and relaxation.

Ready to find your ideal rental in 85054? Take a look at Rentable's apartments near 85054 Phoenix, AZ and discover the perfect place to call home in this desirable area.

Phoenix:
May Rent Report

Welcome to the May 2025 Phoenix Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2025 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

Jun. 2024

Jul. 2024

Aug. 2024

Sep. 2024

Oct. 2024

Nov. 2024

Dec. 2024

Jan. 2025

Feb. 2025

Mar. 2025

Apr. 2025

May. 2025

1 BR 2 BR

Phoenix Rent Prices Increase From April to May

Phoenix rent prices increased over the last month. From April to May, the city experienced a 0.31% increase for the price of a one-bedroom apartment. The rent price for a Phoenix one-bedroom apartments currently stands at $1,283.0.

When we take a look at the two-bedroom comparison from April to May, Phoenix experienced a -0.32% decrease for the price of a two-bedroom apartment. The rent price for a Phoenix two-bedroom apartments currently stands at $1,536.0.

May Prices: Phoenix vs. Surrounding Areas

Goodyear, AZ

Scottsdale, AZ

Gilbert, AZ

Chandler, AZ

Tempe, AZ

Mesa, AZ

Glendale, AZ

Phoenix, AZ

$2,089

$1,856

$1,638

$1,620

$1,577

$1,433

$1,318

$1,279

$0

$700

$1,400

$2,100

$2,800

Median 1 BR Rent

Rent Prices in Phoenix and Surrounding Areas

Rent prices have increased 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 4 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 Mesa, AZ, Chandler, AZ, Goodyear, AZ, Gilbert, AZ .
Rent decreased in Tempe, AZ, Scottsdale, AZ, Glendale, AZ.
7 suburbs are currently priced higher than the city of Phoenix.

May 2025 Pricing Trends: Phoenix vs. National Comparisons

New York, NY

San Francisco, CA

Washington, DC

Los Angeles, CA

Chicago, IL

Columbus, OH

Phoenix, AZ

Minneapolis, MN

Pittsburgh, PA

$4,098

$3,173

$2,343

$2,342

$1,887

$1,310

$1,279

$1,243

$1,230

$0

$1,350

$2,700

$4,050

$5,400

Median Rent

Phoenix Rent Prices More Affordable Than Major Cities

Rent growth in Phoenix over the past year has been on the rise. 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
Phoenix, AZ	$1,279.0	0.24%	$1,541.0	-0.39%
Mesa, AZ	$1,433.0	1.70%	$1,750.0	1.39%
Tempe, AZ	$1,577.0	-1.13%	$1,847.0	0.87%
Scottsdale, AZ	$1,856.0	-1.01%	$2,174.0	0.65%
Chandler, AZ	$1,620.0	0.68%	$1,899.0	-0.32%
Glendale, AZ	$1,318.0	-2.44%	$1,549.0	-1.46%
Goodyear, AZ	$2,089.0	10.24%	$2,085.0	2.16%
Gilbert, AZ	$1,638.0	0.61%	$2,040.0	0.99%

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.