Phoenix, Arizona is a dynamic city with plenty of rental options for those looking for a new place to call home. The city is known for its sunny skies and warm climate, plus low taxes and a relatively affordable cost of living, making it a popular destination for people moving from other parts of the country.
The rental market in Phoenix is diverse, with options ranging from single-family homes to high-rise apartments. Prices vary depending on the neighborhood and type of rental, but the average rental price in the city is around $1,000 per month. Renters can find both furnished and unfurnished rentals, and many areas have a variety of amenities like pools and gyms.
When it comes to schools, Phoenix offers some of the best in the state. The city is home to several top-rated public schools, including the Phoenix Union High School District and the Paradise Valley Unified School District. For higher education, Phoenix is home to the University of Arizona, Arizona State University, and other smaller universities.
The best neighborhoods for renters in Phoenix depend on budget and lifestyle. Downtown Phoenix is popular among those looking for a vibrant urban atmosphere, while North Phoenix is known for its quieter, family-friendly neighborhoods. Other top neighborhoods include the B
The average rental price of an apartment in Phoenix, AZ is $1,266 per month. The average rental price of a townhouse in Phoenix, AZ is $1,482 per month. The average rental price of a condo in Phoenix, AZ is $1,176 per month. The average rental price of a loft in Phoenix, AZ is $1,284 per month. The average rental price of a single family home in Phoenix, AZ is $1,837 per month.
Rental prices in Phoenix, AZ have gone up significantly over the last 5 years. According to RentCafe, the average rent for an apartment in Phoenix in 2015 was $954 and by 2020 it had increased to $1221, a 27.7% increase. The median rental price for a single-family home in Phoenix has also increased significantly over the last 5 years. In 2015, the median rental price for a single-family home in Phoenix was $1300 and by 2020 it had increased to $1679, a 28.8% increase.
The median rental prices for 1-bedroom, 2-bedroom, and 3-bedroom apartments in Phoenix, AZ are $895, $1,150, and $1,395, respectively.
School districts in Phoenix, AZ generally compare favorably to the rest of the United States. The Phoenix area has the highest graduation rate in the country, with 81% of students graduating from high school compared to the national average of 82%. Additionally, the Phoenix area has some of the highest scores in the nation on standardized tests like the ACT and SAT. The Phoenix area also has some of the lowest dropout rates in the country, with just 3.2% of students dropping out compared to the national average of 6.2%.
1. Downtown Phoenix
2. Arcadia
3. Midtown
4. North Central
5. South Mountain/Ahwatukee
1. Arcadia
2. Paradise Valley
3. North Central Phoenix
4. Biltmore
5. Desert Ridge