How many apartments are available in 85042 on Rentable.co?
Rentable.co has 23 apartments available for rent in 85042.
What is the average rent for an apartment in 85042?
The average rent for an apartment in 85042 is around $2,230 per month.
What is the average rent for a two-bedroom apartment in 85042?
The average rent for a two-bedroom apartment in 85042 is around $1,924 per month.
Find an Apartment in 85042
Looking for apartments for rent in 85042 Phoenix, AZ? Rentable has a variety of rental options available in this area. Currently, there are 58 units available for rent with an average rent of $2,230. The minimum rent for a 2-bedroom floor plan starts at $1,329.
The 85042 zip code is home to several parks and community amenities. Nearby parks include South Mountain Park and Preserve, which offers plenty of outdoor recreational activities such as hiking and biking trails. The neighborhood also provides convenient access to shops, restaurants, and entertainment options.
If you're looking for apartments near 85042, Rentable has a wide selection to choose from. Whether you're searching for a cozy studio or a spacious three-bedroom apartment, you're sure to find the perfect rental that suits your needs and budget. Explore Rentable's listings in the 85042 area and start your search for your next home today.
Phoenix: February Rent Report
Welcome to the February 2025 Phoenix Apartment Report. In this assessment of
the local rental market, Rentable data scientists and rental experts break down the
February 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
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
1 BR2 BR
Phoenix Rent Prices Decrease From January to February
Phoenix rent prices decreased over the last month. From January to February, the city experienced a -1.08% decrease 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 January to February, 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 $1,551.0.
February Prices: Phoenix vs. Surrounding Areas
Scottsdale, AZ
Gilbert, AZ
Chandler, AZ
Tempe, AZ
Peoria, AZ
Mesa, AZ
Glendale, AZ
Phoenix, AZ
$1,905
$1,656
$1,606
$1,587
$1,516
$1,409
$1,341
$1,297
$0
$650
$1,300
$1,950
$2,600
Median 1 BR Rent
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 2 of the Phoenix suburbs increased last month. On the other hand, 5 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rent increased in Tempe, AZ, Glendale, AZ .
Rent decreased in Mesa, AZ, Scottsdale, AZ, Chandler, AZ, Peoria, AZ, Gilbert, AZ.
7 suburbs are currently priced higher than the city of Phoenix.
February 2025 Pricing Trends: Phoenix vs. National Comparisons
New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Phoenix, AZ
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,052
$3,132
$2,386
$2,333
$1,902
$1,297
$1,262
$1,246
$1,207
$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
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 February
1 BR M/M % Change
2 BR February
2 BR M/M % Change
Phoenix, AZ
$1,297.0
-2.85%
$1,556.0
-1.58%
Mesa, AZ
$1,409.0
-1.54%
$1,703.0
-0.41%
Tempe, AZ
$1,587.0
1.99%
$1,803.0
-0.11%
Scottsdale, AZ
$1,905.0
0.00%
$2,158.0
-1.01%
Chandler, AZ
$1,606.0
-1.41%
$1,857.0
1.59%
Glendale, AZ
$1,341.0
2.37%
$1,580.0
-1.00%
Peoria, AZ
$1,516.0
-0.46%
$1,796.0
-1.10%
Gilbert, AZ
$1,656.0
-0.06%
$1,990.0
-1.44%
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.