Apartments in 85054

1 - 8 of 8 Results
14
$1,359 - 2,289
18440 North 68Th Street Phoenix, AZ
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
113
$1,519 - 3,809
6800 E Mayo Blvd Phoenix, AZ
Studio - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
29
3D Tour
$1,715 - 3,325
3.1
6975 E. Princess Drive Phoenix, AZ
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
63
$3,999
6521 E Michigan Ave Phoenix, AZ
4 BR | Ask for Availability
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House
Air Conditioning
In Unit Laundry
Dishwasher
Pool
1
$1,795
6900 E Princess Dr Phoenix, AZ
3 BR | Available Now
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Dog Friendly
Dishwasher
20
$1,425
6900 E Princess Dr Phoenix, AZ
1 BR | Available Now
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House
Pool
18
$1,570 - 3,144
17212 N. Scottsdale Rd. Scottsdale, AZ
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Townhome
Air Conditioning
24
$2,395
17850 N 68Th St Phoenix, AZ
2 BR | Available Now
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House
Disability Access
Pool
1 - 8 of 8 Results
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  3. 85054

How much does it cost to rent an apartment in 85054?

85054 apartments
Bed Type Average Rent Range
Studio $1,550 $1,370 - $1,730
1BR $1,720 $1,500 - $1,960
2BR $2,230 $1,880 - $2,790
3BR $2,460 $2,000 - $3,640
Find an Apartment in 85054
Are you searching for apartments for rent in the 85054 zip code in Phoenix, AZ? Look no further! Rentable has a variety of rental options available for you. Currently, there are 149 units for rent in this area. The average rent in 85054 is $1,920, and you can find studio units starting at $1,365.

The 85054 zip code is home to several attractive neighborhoods, such as Desert Ridge, Explorer's Place, and Tatum Highlands. These neighborhoods offer a vibrant community with many amenities and conveniences. Nearby attractions include the Desert Ridge Marketplace, a popular shopping and entertainment destination, and the scenic Paradise Valley Park, perfect for outdoor activities and relaxation.

Ready to find your ideal rental in 85054? Take a look at Rentable's apartments near 85054 Phoenix, AZ and discover the perfect place to call home in this desirable area.

Phoenix:
December Rent Report

Welcome to the December 2024 Phoenix Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 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
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Phoenix Rent Prices Decrease From November to December

Phoenix rent prices decreased over the last month. From November to December, the city experienced a -0.89% decrease for the price of a one-bedroom apartment. The rent price for a Phoenix one-bedroom apartments currently stands at $1,335.0.

When we take a look at the two-bedroom comparison from November to December, Phoenix experienced a -0.94% decrease for the price of a two-bedroom apartment. The rent price for a Phoenix two-bedroom apartments currently stands at $1,581.0.

December Prices: Phoenix vs. Surrounding Areas

Scottsdale, AZ
Gilbert, AZ
Chandler, AZ
Peoria, AZ
Tempe, AZ
Mesa, AZ
Phoenix, AZ
Glendale, AZ
$1,911
$1,650
$1,641
$1,534
$1,492
$1,448
$1,347
$1,307
$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 Scottsdale, AZ, Glendale, AZ .

  • Rent decreased in Mesa, AZ, Tempe, AZ, Chandler, AZ, Gilbert, AZ, Peoria, AZ.

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

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

December 2024 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
$4,134
$3,160
$2,389
$2,353
$1,914
$1,347
$1,318
$1,255
$1,234
$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 December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Phoenix, AZ $1,347.0 -0.30% $1,596.0 -0.62%
Mesa, AZ $1,448.0 -0.75% $1,717.0 -1.49%
Scottsdale, AZ $1,911.0 0.32% $2,204.0 -1.56%
Tempe, AZ $1,492.0 -0.53% $1,798.0 -1.48%
Chandler, AZ $1,641.0 -0.12% $1,819.0 -0.06%
Glendale, AZ $1,307.0 0.08% $1,612.0 -0.74%
Gilbert, AZ $1,650.0 -0.30% $2,027.0 -1.65%
Peoria, AZ $1,534.0 -0.26% $1,817.0 0.17%

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.