Top 5 Neighborhoods for Renting a House in Phoenix
Discover the best neighborhoods to rent a house in Phoenix.
Median Age
36 Years
Largest Age Group
30-39 Years
Approximately 16% of Residents
Under 20
26%
Over 65
13%
Phoenix
Phoenix, AZ Area Guide
Avg Rent
$1,303
Population
1,674,216
Renter Mix
46% Rent
The sunniest city in the world offers stimulating pastimes and a rich local culture.
Desert
•
Golf
•
Outdoors
•
Nature
•
Sports
•
Walkable
•
Public Transportation
•
Parks
•
Art
•
Dining
•
Affordable
•
Airport
•
Although surrounded by inhospitable desert, Phoenix is one of the largest cities in the United States, and the nation’s single largest state capital city. The area contains numerous galleries and museums, putting the people in contact with everything from the European masters to Native American craftsmanship to modern originals from Phoenix’s diverse artistic community. The Downtown cultural scene has developed into a top-notch feast of visual and performing arts, with symphony performances, live theater, and the popular First Friday exhibitions. Phoenix is also an excellent city for sports fans, being one of the few cities in America with local franchises in the NFL, MLB, NBA, and NHL. Several thousand students attend the two Arizona State University campuses in the city, as well as the over-50,000 who attend the main campus in neighboring Tempe.
Rental rates for apartments average around $1000 per month, but numerous more affordable options are available all over the city, from quiet houses for rent in the suburbs to downtown efficiency apartments. Getting around Phoenix is typically done by car for most residents, but a light rail system makes it easy to get across town without a personal vehicle; Downtown and its surrounding areas are quite walkable as well.
Explore the City
The Westin Kierland Golf Club features beautiful greens with amazing views.
The path at Tempe Town Lake attracts cyclists near Papago.
South Mountain offers unparalleled views of the Phoenix area, near Baseline Corridor.
Roosevelt Row has an incredible mix of new and old housing.
Roosevelt Row in Phoenix is a hotspot for nightlife with amazing food and drink options.
A popular summertime activity for Phoenicians is to head east and cool off in the Salt River.
Demographics
Median Household Income
$70,283
Average: $94,185
Education
433,046
Residents Have a Degree
Job Market
872,397
Workers Employed
Age Distribution
Get a sense of this area's population profile.
Housing Distribution
Phoenix has more homeowners than renters.
Renters
46%
Non-Renters
54%
Education Distribution
Review this city's overall education levels.
Bachelor's or Higher
21%
Other Education
79%
Rent Trends
As of May 2026, the average apartment rent in Phoenix, AZ is $1,084 for a studio, $1,303 for one bedroom, $1,570 for two bedrooms, and $2,081 for three bedrooms. Apartment rent in Phoenix has decreased by -3.5% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,303/month
681 Sq Ft
House
$3,860/month
1,926 Sq Ft
Condo
$1,966/month
1,035 Sq Ft
Townhome
$2,425/month
1,270 Sq Ft
Cost of Living
The cost of living in Phoenix, AZ is 5.2% higher than the national average. Generally, housing in Phoenix is 12.3% more expensive than the national average, with rent falling between $1,084 - $2,081. You can expect to pay 2.8% more for groceries, 5.9% more for utilities, and 8.8% more for transportation.
Compare Cities
Learn More About Phoenix
5 Most Affordable Neighborhoods in Phoenix, AZ
Thinking about moving to Phoenix but don't want to spend a fortune? Here are the top five most affordable neighborhoods to help you stay within your budget.
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Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Phoenix, AZ is for everyday living.
Fairly Walkable
Walkability
40
/ 100
Some Public Transit
Transit
40
/ 100
Exceptionally Drivable
Drivability
100
/ 100
Moderately Bikeable
Bikeability
60
/ 100
Scores provided by
Schools
Horizon Honors Elementary School
Public
Grades K-5
797 Students
Public
Grades K-12
781 Students
Public
Grades K-8
760 Students
Public
Grades K-8
733 Students
Valley Academy - Reid Traditional Schools
Public
Grades K-8
713 Students
Public
Grades 6-12
2,428 Students
Public
Grades 6-12
2,217 Students
Public
Grades K-12
781 Students
Public
Grades K-8
760 Students
Public
Grades K-8
733 Students
Public
Grades 6-12
2,428 Students
Public
Grades 6-12
2,217 Students
Public
Grades K-12
781 Students
Phoenix Union Bioscience High School
Public
Grades 9-12
390 Students
Sandra Day O'Connor High School
Public
Grades 6-12
2,657 Students
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- Acoma Park
- Conocido Park
- North Mountain Park
- Lookout Mountain Park
- Turtle Rock Basin
Transit / Subway
Airports
- Phoenix Sky Harbor International
- Phoenix-Mesa Gateway
Top Apartments in Phoenix
Houses for Rent in Phoenix
Property Management Companies in Phoenix, AZ
Greystar
-
3,507
Communities
-
965,041
Units
-
893
Cities
75 Communities in Phoenix
CAM Properties
-
77
Communities
-
9,884
Units
-
14
Cities
42 Communities in Phoenix
AMC
-
606
Communities
-
121,571
Units
-
242
Cities
33 Communities in Phoenix
RPM
-
653
Communities
-
180,899
Units
-
259
Cities
26 Communities in Phoenix
Chamberlin & Associates
-
57
Communities
-
9,031
Units
-
15
Cities
26 Communities in Phoenix
Avenue5 Residential
-
569
Communities
-
127,116
Units
-
220
Cities
20 Communities in Phoenix
Living in Phoenix
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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 February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.