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Updated - yesterday

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Pet Friendly

5040 N 40th Ave

Phoenix, AZ 85019 - Maricopa County

Townhouse

2 beds

1 baths

924 sqft

About 5040 N 40th Ave

Charming 2/1 Phoenix townhome in a convenient central location. This spacious residence features wood-style flooring, fresh neutral finishes, an open living area and an updated kitchen with modern appliances. Enjoy oversized bedrooms, private outdoor patio space, extra storage and off-street parking. Located near shopping, dining, schools, major freeways and Grand Canyon University with quick access to downtown Phoenix. Quiet community setting with walking paths and nearby green spaces makes this home perfect for professionals, students or small families seeking comfort and convenience at an affordable value. The information contained in this ad is accurate to the best of our knowledge. AZ Prime Property Management is not responsible for any errors or omissions in the wording or content of this information. Federal Occupancy Guidelines followed: Max 2 per bedroom + 1 additional occupant; Max 2 per studio. Please get in touch with AZ Prime Property Management for available move-in dates. Our Rental Homes Reflected are Rented in the Current Conditions at the Time of Viewing. AZ Prime Property Management. Equal Opportunity Housing. License #LC665152000. Designated Broker: Bonnie Burns #BR109023000. Online Applications are located at AZ Prime Property Management under the Online Applications tab. Affordable Renter's Insurance Thru AssetProtect. Pets allowed. Featured / hot property, move-in special & available now. Mountain views & borders common area. Unit: master bedroom split, full master bath, dining in family room, eat-in kitchen, oven / range, refrigerator, washer / dryer hookup, electric heat, refrigeration (air conditioning), remodeled, cable / satellite TV ready, unfurnished & mini-blinds....

RentalSource last checked: June 11, 2026 · 2:14 PM ET

Managed by: AZ Prime Property Management · (480) 449-6632 · HeroPM

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Townhouse
Rental Fee:	$1,295
Bedrooms:	2 beds
Bathrooms:	1 baths

Size:	924 sqft
Pet Friendly:	Yes
Listing Status:	Active
ID:	83704033

Property Amenities

• Air Conditioning

• Balcony/Patio

• Cable/Satellite TV

• Ceiling Fan

• Pet Friendly

• Refrigerator

• Washer/Dryer In Unit

Community Features

• Parking

• Storage

Leasing Information

Security deposit: $1,595. Cleaning deposit: $300. Pet deposit: $250. Application fee: $40.

Additional Details

Townhouse for rent in Phoenix for $1,295 with 2 beds, 1 bath, 924 sqft, pet friendly and located at 5040 N 40th Ave in Phoenix, AZ 85019. The rental price of $1,295 is 8.6% ($122) lower than the average rent of $1,417 for a 2 bedroom townhouse in Phoenix, AZ and 14.6% ($222) lower than the average rent of $1,517 for a 2 bedroom townhouse in Maricopa County. 5040 N 40th Ave was advertised by AZ Prime Property Management on May 27, 2026 at 8:58 AM ET and last updated yesterday at 2:14 PM ET.

Affordability Calculator

Can I afford to live at 5040 N 40th Ave?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$51,800 /year

With your chosen rent-to-income ratio, an annual income of $51,800 is recommended to comfortably afford this 2-bedroom rental priced at $1,295 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Townhouse for rent

$1,295

Rent Affordability Calculator

Interested in 5040 N 40th Ave?

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Property managed by:

AZ Prime Property Management
(480) 449-6632

Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.