Capri on Camelback
5115 N 40th St,
Phoenix, AZ 85018
$775 - $1,960
Studio - 2 Beds
Arcadia is a former citrus orchard that has been recognized by Money magazine as the “Best Place to Live.” Today in this predominantly residential community, you can still see traces of standing orange and grapefruit trees alongside roads and in the plush landscaping.
This neighborhood is attractive to renters because of its beauty, great location, and excellent schools. Its culture, cool restaurants with astounding food, and walkability helps, too. A very large cycling presence can be found at the Arizona Canal. Though, if hiking is more your speed, Camelback Mountain is close by.
Scottsdale Fashion Square and Biltmore Fashion Park are just a short distance away from the luxurious Royal Palms Resort & Spa. Foodies enjoy the delectable offerings at the Henry, Mastro’s City Hall, Buck & Rider, and a number of fast-casual eateries.
As of January 2026, the average apartment rent in Arcadia is $2,013 for one bedroom, and $2,395 for two bedrooms. Apartment rent in Arcadia has increased by 11.4% in the past year.
1 BR
759 sq ft
Average Sq Ft
$2,013/month
Average Rent
2 BR
1,137 sq ft
Average Sq Ft
$2,395/month
Average Rent
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.