Apartments in 85048

1 - 12 of 12 Results
18
3D Tour
$1,311 - 2,730
15801 S 48Th St Phoenix, AZ
1 - 2 BR | Available Now
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Furnished
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
45
$1,800
5035 E Chandler Blvd Phoenix, AZ
Studio | Available Now
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Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
1
3D Tour
$2,579
2161 E Nighthawk Way Phoenix, AZ
3 BR | Ask for Availability
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Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Dishwasher
31
$2,545
Phoenix, AZ
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
15
$1,375
Phoenix, AZ
1 BR | Ask for Availability
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House
Air Conditioning
In Unit Laundry
Dishwasher
Pool
17
$3,500
Phoenix, AZ
3 BR | Available Now
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Dog Friendly
House
Dishwasher
2
$2,300
1515 E South Fork Dr Phoenix, AZ
3 BR | Available Now
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House
Storage
42
$1,599
Phoenix, AZ
2 BR | Available Now
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House
Storage
Disability Access
Dishwasher
9
$1,398 - 2,250
15815 South Lakewood Pkwy West Phoenix, AZ
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
Covered Parking
Balcony/Deck/Patio
$2,295
2036 E Windsong Dr Phoenix, AZ
3 BR | Jul. 11, 2024
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House
$2,135
2912 E Amber Ridge Way Phoenix, AZ
3 BR | Available Now
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Dog Friendly
House
Dishwasher
$1,385 - 1,660
16025 S. 50th Street Phoenix, AZ
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
1 - 12 of 12 Results
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  3. 85048

How much does it cost to rent an apartment in 85048?

85048 apartments
Bed Type Average Rent Range
1BR $1,440 $1,360 - $1,570
2BR $2,100 $1,600 - $2,270
3BR $2,300 $2,140 - $3,500
Find an Apartment in 85048
Looking for apartments for rent in 85048, Phoenix, AZ? Rentable has a variety of options available in this area. Currently, there are 51 units available for rent in 85048, with an average rent of $1,550. The minimum rent for a 1-bedroom floor plan starts at $1,376.

Located in the 85048 zip code, these apartments offer convenient access to nearby points of interest such as parks, shopping centers, and community amenities. With a range of floor plans and rental options, you can find the perfect place to call home in apartments 85048 Phoenix, AZ.

Expanding across the beautiful neighborhoods of Phoenix, 85048 has become a sought-after area to reside in. Offering a mix of vibrant urban living and natural beauty, this area is perfect for those seeking a balanced lifestyle. Apartments near 85048 provide easy access to hiking and biking trails, scenic parks, and serene lakes for outdoor enthusiasts.

If you're in search of a rental in Phoenix, AZ, look no further than apartments in the 85048 zip code. Rentable's listings feature a variety of options to fit your needs, whether you're looking for a spacious apartment or a cozy studio. Explore the options available and find your perfect match today.

Phoenix:
May Rent Report

Welcome to the May 2024 Phoenix Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 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. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
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 1.46% increase for the price of a one-bedroom apartment. The rent price for a Phoenix one-bedroom apartments currently stands at $1,321.0.

When we take a look at the two-bedroom comparison from April to May, Phoenix experienced a 0.5% increase for the price of a two-bedroom apartment. The rent price for a Phoenix two-bedroom apartments currently stands at $1,607.0.

May Prices: Phoenix vs. Surrounding Areas

Scottsdale, AZ
Casa Grande, AZ
Gilbert, AZ
Chandler, AZ
Tempe, AZ
Mesa, AZ
Phoenix, AZ
Glendale, AZ
$1,916
$1,814
$1,701
$1,655
$1,519
$1,432
$1,302
$1,277
$0
$650
$1,300
$1,950
$2,600
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 Scottsdale, AZ, Chandler, AZ, Casa Grande, AZ, Gilbert, AZ .

  • Rent decreased in Mesa, AZ, Tempe, AZ, Glendale, AZ.

  • 6 suburbs are currently priced higher than the city of Phoenix.

  • 1 suburb is currently priced lower than the city of Phoenix.

May 2024 Pricing Trends: Phoenix vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Phoenix, AZ
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,302
$1,300
$1,283
$1,178
$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 $1,302.0 0.00% $1,599.0 -0.44%
Mesa, AZ $1,432.0 -0.90% $1,711.0 -0.35%
Scottsdale, AZ $1,916.0 3.12% $2,265.0 2.44%
Tempe, AZ $1,519.0 -0.20% $1,819.0 -0.22%
Glendale, AZ $1,277.0 -0.62% $1,560.0 -0.89%
Chandler, AZ $1,655.0 1.53% $1,836.0 0.16%
Casa Grande, AZ $1,814.0 7.66% $2,066.0 1.18%
Gilbert, AZ $1,701.0 0.18% $2,043.0 -0.29%

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.