Deer Valley / TSMC, AZ · Phoenix metro
September 2026
85024,85027,85085,85086
Long-term Rental Rates
Long-term rental rates for Deer Valley / TSMC (85024,85027,85085,85086), in the Phoenix metro area, as of September 2026.
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,436 – $1,587 | 2.67% | 8.63% |
| 2-Bedroom | $1,694 – $1,872 | 2.58% | 5.19% |
| 3-Bedroom | $2,148 – $2,374 | 0.95% | 2.08% |
| 4-Bedroom | $3,053 – $3,341 | 0.82% | 1.89% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,445 – $1,489 | 0.96% | 0.41% |
| 2-Bedroom | $1,616 – $1,699 | -0.01% | 1.44% |
| 3-Bedroom | $2,268 – $2,385 | 2.61% | 2.58% |
| 4-Bedroom | $3,184 – $3,381 | 0.07% | 0.56% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,771 – $1,862 | 3.79% | -1.18% |
| 2-Bedroom | $2,019 – $2,152 | -2.31% | -4.87% |
| 3-Bedroom | $2,163 – $2,390 | 1.18% | 1.43% |
| 4-Bedroom | $2,554 – $2,795 | -2.78% | -1.02% |
In the Deer Valley / TSMC (85024, 85027, 85085, 85086) rental market, 1-bedroom apartments saw a monthly gain of 2.74%, bringing the median rent to $1,356 in April 2026. However, the segment experienced a year-over-year decrease of -2.18%, reflecting ongoing downward pressure in the annual figures.
For 2-bedroom properties in Deer Valley / TSMC (85024, 85027, 85085, 85086), condo/townhomes hold a rent advantage at $1,673 versus apartments at $1,616—a difference of $57. Annual changes show condos dipped -1.84%, while apartments posted a steeper -3.38% decline year-over-year.
Among larger multifamily units, Deer Valley / TSMC (85024, 85027, 85085, 85086) rental trends reveal that 3-bedroom apartments fell by -3.90% month-over-month, settling at $2,053. The annual decline was also notable, reaching -6.35%, underscoring the downward movement in this segment.