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Rent in Phoenix, AZ

Across Phoenix's 67 ZIP codes, a 2-bedroom typically rents for about $1,740 a month, with figures from $1,193–$2,600. The highest typical rent is in 85045 ($2,600) and the lowest in 85009 ($1,287). Owner-occupied homes in Maricopa County pay about 0.44% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in Phoenix, AZ by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$1,400$893–$2,08067
1 bed$1,500$937–$2,24067
2 beds$1,740$1,193–$2,60067
3 beds$2,300$1,354–$3,43067
4 beds$2,550$955–$3,80067

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Phoenix ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Phoenix, AZ?
About $1,740 a month: the median of the typical rents in 67 ZIP codes, which range from $1,193–$2,600. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Phoenix, AZ?
About $1,500 a month: the median of the typical rents in 67 ZIP codes, which range from $937–$2,240. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Phoenix, AZ?
About $2,300 a month: the median of the typical rents in 67 ZIP codes, which range from $1,354–$3,430. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Phoenix, AZ?
About $1,400 a month: the median of the typical rents in 67 ZIP codes, which range from $893–$2,080. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Phoenix, AZ?
About $2,550 a month: the median of the typical rents in 67 ZIP codes, which range from $955–$3,800. Figures are gross rent (rent plus tenant-paid utilities).
Which Phoenix ZIP code has the highest rent?
For a 2-bedroom, 85045 has the highest typical rent at $2,600 a month, and 85009 the lowest at $1,287.
What is the property tax rate in Phoenix, AZ?
Owner-occupied homes in Maricopa County pay a typical 0.44% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Phoenix rent figures come from?
HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).