The Fountains at Lake Pleasant
10134 W Mohawk Ln,
Peoria, AZ 85382
$999 - $1,299
1-2 Beds
Deer Valley
Phoenix, AZ
Deer Valley - Phoenix, AZ
Area Guide
A laid-back suburb north of downtown surrounded by outdoor attractions
Commuter
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Suburban
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Park-Like
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Hiking
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Family-Friendly
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Deer Valley is a family-friendly suburb and residential neighborhood that’s constantly evolving. There are abundant outdoor recreational opportunities in Deer Valley because of its proximity to several natural attractions like Deem Hills and Cave Buttes, both known for scenic hiking and mountain biking trails. Residents have easy access to abundant shopping opportunities without having to leave town at places like Deer Valley Towne Center and Bell Towne Plaza. Deer Valley is home to good public schools and is the ideal suburb for those commuting to Downtown Phoenix and beyond, located less than 20 miles south of town along Interstate 17.
Rent Trends
As of January 2026, the average apartment rent in Deer Valley is $1,246 for a studio, $1,243 for one bedroom, $1,556 for two bedrooms, and $2,050 for three bedrooms. Apartment rent in Deer Valley has decreased by -0.9% in the past year.
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Studio
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518 sq ft
Average Sq Ft
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$1,246/month
Average Rent
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1 BR
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760 sq ft
Average Sq Ft
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$1,243/month
Average Rent
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2 BR
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1,111 sq ft
Average Sq Ft
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$1,556/month
Average Rent
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3 BR
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1,457 sq ft
Average Sq Ft
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$2,050/month
Average Rent
Points of Interest
Shopping Centers
Parks and Recreation
- Deem Hills Recreation Area
- Adobe Dam Regional Park
- Paseo Highlands Park
- Adobe Mountain Park
- Challenger Space Center
Airports
- Phoenix Sky Harbor International
Top Apartments in Deer Valley
Houses for Rent in Deer Valley
Property Management Companies
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Methodology
† 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.