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Average Rent in Phoenix 85004 & Rent Trends

What is the average rent in Phoenix 85004?

The average listed apartment rent in Phoenix 85004 is $1,705 per month, as of October 20, 2026. This sample includes 272 priced apartments in 12 buildings. These are tracked asking prices, not signed leases.

We use published total monthly rent when known and base rent otherwise. Unknown fees remain unknown. Included building observations run from October 16, 2026 through October 20, 2026. Buildings without a qualifying price do not count in this sample. The guide directory can include more buildings.

Rent prices and market trends across 12 apartment communities in Phoenix 85004, Phoenix, AZ. Prices update after successful source checks.

Area All Areas Arcadia Lite Cavalier Campus Central City Desert View Village Maryvale Village North Mountain Village South Scottsdale
Phoenix 85004 85033 85034 85051
Tempe 85281
Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed 4 Bed

Showing any bedrooms in Phoenix 85004.

Market Average

$1,705/mo

▼ 3.8% from last month

Lowest Available

$740/mo

cheapest unit on market

Communities

12

tracked daily

Units Listed

272

available now

Rent Watch: cuts and increases

Open Rent Watch →

0 cuts and 0 increases among 23 comparable listings this week. Filter by bedrooms and budget, then inspect each building’s history.

Phoenix 85004 vs Phoenix, AZ Average

Phoenix 85004 is cheaper than the Phoenix, AZ average by $186/mo (10%). The citywide average is $1,891/mo across all neighborhoods.

Is Rent Going Up or Down in Phoenix 85004?

As of October 2026, the average rent in Phoenix 85004 is $1,705 per month across 12 apartment communities and 272 available units. Rents have decreased $67 (3.8%) over the past month.

The most affordable option is Adara starting at $740/mo. By unit type, a studio averages $1,501/mo, a 1-bedroom averages $1,940/mo, a 2-bedroom averages $2,500/mo, a 3-bedroom averages $2,435/mo, a 4-bedroom averages $3,142/mo.

Prices range from $740 to $3,999 per month. The most common price point is the $1,600 range, where 52 units are currently listed.

Phoenix 85004 Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
August 2026 $1,755 - 12
September 2026 $1,840 +$85 12
October 2026 $1,857 +$17 12

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Phoenix 85004

Studio
$1,501
from $1,135 · 33 units
1 Bed
$1,940
from $1,427 · 72 units
2 Bed
$2,500
from $1,696 · 56 units
3 Bed
$2,435
from $2,435 · 1 units
4 Bed
$3,142
from $3,142 · 1 units

Rent Prices by Apartment in Phoenix 85004

Property Starting at Average Units Rating
Adara $740/mo $938/mo 46 4.1
Proxy 333 Apartment Homes $1,135/mo $1,381/mo 7 4.4
Sora $1,167/mo $1,276/mo 57 4.1
Muse Apartments $1,330/mo $1,732/mo 21 4.1
Skyline Lofts $1,361/mo $1,361/mo 1 4.4
The Stewart $1,398/mo $2,050/mo 30 4
PALMtower $1,449/mo $2,157/mo 37 4.8

Frequently Asked Questions About Rent in Phoenix 85004

How many bedrooms are you looking for?

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Any bedrooms

What is the average rent in Phoenix 85004?
The average listed apartment rent in Phoenix 85004 is $1,705 per month, as of October 20, 2026. This sample includes 272 priced apartments in 12 buildings. These are tracked asking prices, not signed leases.

What rent range can I find in Phoenix 85004?
The apartment listings we track in Phoenix 85004 range from $740 to $3,999 per month, as of October 20, 2026. These are the lowest and highest listed prices. They are not a typical price for every apartment. The building, floor plan, and lease terms can affect the price.

Are rents going up or down in Phoenix 85004?
The daily building-average rent rose by $26 (1.4%) over 30 days between observations in September 2026 and October 2026. This compares recorded asking rents. The current month's figures may still be incomplete, and the building mix can change.

How much is a studio apartment in Phoenix 85004?
Studio apartments average $1,501 per month across 33 priced listings in Phoenix 85004. Listed rents range from $1,135 to $2,055 per month, as of October 20, 2026. Compare apartments with similar floor plans and lease terms.

How much is a 1-bedroom apartment in Phoenix 85004?
1-bedroom apartments average $1,940 per month across 72 priced listings in Phoenix 85004. Listed rents range from $1,427 to $2,749 per month, as of October 20, 2026. Compare apartments with similar floor plans and lease terms.

How much is a 2-bedroom apartment in Phoenix 85004?
2-bedroom apartments average $2,500 per month across 56 priced listings in Phoenix 85004. Listed rents range from $1,696 to $3,999 per month, as of October 20, 2026. Compare apartments with similar floor plans and lease terms.

How much is a 3-bedroom apartment in Phoenix 85004?
3-bedroom apartments average $2,435 per month across 1 priced listing in Phoenix 85004. Listed rents range from $2,435 to $2,435 per month, as of October 20, 2026. Compare apartments with similar floor plans and lease terms.

How much is a 4-bedroom apartment in Phoenix 85004?
4-bedroom apartments average $3,142 per month across 1 priced listing in Phoenix 85004. Listed rents range from $3,142 to $3,142 per month, as of October 20, 2026. Compare apartments with similar floor plans and lease terms.

How do 1-bedroom and 2-bedroom rents compare in Phoenix 85004?
The 1-bedroom average is $1,940 per month across 72 listings. The 2-bedroom average is $2,500 across 56 listings, $560 (28.9%) higher. This is a comparison of listing groups, not the cost to upgrade a specific apartment.

Which tracked building has the lowest starting rent in Phoenix 85004?
Adara has the lowest starting rent among the buildings in the comparison table, at $740 per month. We track 46 priced listings matching your bedroom choice in that building, as of October 20, 2026. The starting price applies to its lowest-priced matching apartment. Check that apartment's latest price and availability.

Which rent range has the most listings in Phoenix 85004?
The $1,600 to $1,800 monthly range has the most matching listings: 52 units, or 19.1% of the priced apartments we track in Phoenix 85004. This count does not tell us how fast the apartments rent.

How many apartment listings do you track in Phoenix 85004?
We track 272 priced units at 12 apartment buildings, as of October 20, 2026. This is not the total number of apartments in those buildings. A listing can change or become unavailable. Open the apartment details to check its latest status.

How much rent history is available for Phoenix 85004?
We have recorded rent data on 52 days from August 2026 through October 2026 for apartment listings in Phoenix 85004. Some dates can be missing. The chart only shows recorded data. The current month includes the days recorded so far.

Why can the headline rent differ from the trend chart in Phoenix 85004?
The average at the top of the page gives each matching apartment equal weight. The chart first averages recorded prices within each building, then compares buildings. It removes the highest and lowest groups when at least ten buildings contribute and omits days with fewer than five buildings. Different dates, building counts, and listing mixes can produce different figures. The monthly table averages the recorded daily figures.

Does my bedroom choice change the prices and answers?
Yes. Your chosen area and bedroom count filter the asking rents, listing counts, rent ranges, and answers on this page. When you choose a bedroom count, the history chart uses recorded prices for matching apartments with a known identity. If those records are missing, we leave the chart empty rather than use prices for other bedroom types. Open an individual apartment to check its own price history.

Do these rents include utilities, parking, and other fees?
We use the published total monthly rent when it is available and the base rent otherwise. Unknown fees are not zero. Utilities, parking, pet charges, deposits, and one-time costs can add to the amount you pay. Check the selected unit and lease terms for a complete quote.

How should I compare free-rent offers with listed rent?
A free-rent offer can reduce the effective cost over a lease without changing the listed monthly rent. Compare the same lease length and move-in date, then include required charges and the offer conditions. The market averages do not assume an unconfirmed discount.

Does this page represent every rental in the market?
These figures describe the priced apartment listings we track, not every rental home or every occupied apartment. Coverage and the mix of bedrooms, buildings, and locations can change. A lower market average does not prove that the same apartment received a price cut.

How fresh are the Phoenix 85004 rent figures?
We schedule rent updates each day, but buildings can have different price-check dates. The latest accepted price check for these listings was October 20, 2026. The month label does not mean we checked every price today. Open the building or apartment details for its latest price and availability.

What salary do I need to live comfortably in Phoenix 85004?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$68,000/year

Based on the 30 percent rule, using our tracked average rent of $1,705/mo.

Comfortable income

$82,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($740/mo), you need to earn at least $30,000/year.

Median household income in Phoenix 85004 is $77,041 , about 6% below the comfortable-living threshold.

Explore Phoenix 85004 Apartments

Browse all 12 communities with daily-updated pricing and availability.

Browse All Apartments Find Your Match

Cost of living in Phoenix 85004

Overall prices in Phoenix 85004 runs above the national average by about 5% (BEA Regional Price Parity index 104.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Phoenix 85004's regional price parities.

Category Monthly estimate
Rent (market average) $1,705
Utilities $534
Groceries $531
Transportation $1,274
Healthcare $621
Other goods and services $994
Estimated total $5,661/mo

Population

1,624,832

Median household income

$77,041

Census median rent

$1,458/mo

Census rent burden

30.4%

Median age

34.8

Mean commute

26 min

Methodology

Rent data

We use listed asking rents and schedule daily data updates. Individual buildings can have different verification dates. Check the building or unit page for its latest price and availability.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

We estimate annual income by dividing annual rent by 30 percent for the affordability figure and 25 percent for the comfortable-income figure. These estimates are a guide, not a guarantee of rental approval.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.
Arizona Rent Trends
Compare rent across all Arizona cities
Phoenix, AZ Neighborhood Rent Map
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Explore Phoenix, AZ on Map
See neighborhoods and rent data interactively
US-wide rent comparison
See how Phoenix, AZ rents stack up against the national median

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