Apartments in Phoenix

1 - 5 of 5 Results
1
$1,150
330 Independence Cir Phoenix, OR
2 BR | Jul. 20, 2026
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Storage
12
$1,089
Phoenix, OR
1 BR | Ask for Availability
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11
$1,089
Phoenix, OR
1 BR | Ask for Availability
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1
$1,125
682
104 06/08/10 St Phoenix, OR
2 BR | Available Now
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1
$1,475
Phoenix, OR
2 BR | Available Now
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How much does it cost to rent an apartment in Phoenix?

Phoenix Apartments
Bed Type Average Rent Range
2BR $1,150 $1,130 - $1,480

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Phoenix:
July Rent Report

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

Phoenix rent prices decreased over the last month. From June to July, 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 June to July, 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 $.

July 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.

July 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 July 1 BR M/M % Change 2 BR July 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.