Homes & Apartments for Rent in 85086

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What to Know About

Living in 85086

Phoenix, the vibrant "Valley of the Sun," basks in an endless summer, serving up an irresistible fusion of awe-inspiring deserts, thrilling outdoor escapades, and a pulsing culinary scene. Savor a delightful mix of culinary delights ranging from the sublime flavors of southwestern cuisine to delectable international fare. Culture seekers will love Phoenix's world-class cultural venues, including the magnificent Phoenix Art Museum, the captivating Heard Museum, and the legendary Phoenix Symphony Orchestra. Finally, embark on outdoor adventures and experience the magic of South Mountain Park and the enchanting Desert Botanical Garden, where nature lovers can stroll through the endless hiking trails or tee off on the immaculate golf courses.

Sports enthusiasts will be thrilled to cheer on Phoenix's professional teams, including the Arizona Cardinals (NFL), Arizona Coyotes (NHL), Arizona Diamondbacks (MLB), and the Phoenix Suns (NBA). And for a truly unforgettable experience, mark your calendars for must-attend events such as the electrifying Arizona State Fair, the world-famous Barrett-Jackson Auto Show, and the exhilarating Cactus League Spring Training.

Phoenix is a dynamic city that caters to those seeking a superior quality of life and many exciting experiences, which is why it's such a great place to live.

Rental Market Trends

Phoenix, AZ

As of April 2026, Phoenix's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Phoenix's average rent is 17.1% ($283) lower than the Arizona average of $1,653 and 23.4% ($418) lower than the U.S. average of $1,788.

Average Rent
$1,370
Monthly ChangeMonth Over Month Change
Increased1% ($14)
Yearly ChangeYear Over Year Change
Decreased6.4% ($93)
Avg. Days on MarketAverage Days on Market
27
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,226 Increased2.9% ($34) Increased2.1% ($25)
2 Beds $1,419 Increased1.5% ($21) Decreased1% ($14)
3 Beds $2,113 Increased1% ($20) Increased1.2% ($25)
Nearby Cities Average Rent Avg. Rent vs. PhoenixAverage Rent vs. Phoenix Avg. Days on MarketAverage Days on Market
Paradise Valley $1,894 Increased38.2% ($524) 24 days
Glendale $1,325 Decreased3.3% ($45) 28 days
Tempe $1,528 Increased11.5% ($158) 21 days
Tolleson $1,652 Increased20.6% ($282) 25 days
Laveen $2,053 Increased49.9% ($683) 26 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Phoenix Rental Market FAQs

Explore rental prices, market trends, and availability in Phoenix, AZ.

The average rent in Phoenix, AZ is $1,370 per month.
Homes in Phoenix typically rent for between $858 and $2,747 per month, with an average of $1,370 per month.
In Phoenix, the average rent for a 1-bedroom home is $1,226 per month, for a 2-bedroom home, $1,419 per month, and a 3-bedroom home is $2,113 per month.
The average rent in Phoenix is 23.4% ($418) lower than the national average of $1,788 per month.
The average rent in Phoenix has increased by 1.0% ($14) in the last month and decreased by 6.4% ($93) over the past year.
The rental market in Phoenix, AZ, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Phoenix, AZ, the average rental stays on the market for approximately 27 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There is currently 1,309 rental property available in Phoenix, AZ.
Based on the current averages, a household would need an annual income of $56,760 to comfortably afford a 2-bedroom home in Phoenix.
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