Deer Valley / TSMC, AZ

August 2026

85024,85027,85085,85086

Long-term Rental Rates

Apartment

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,459 – $1,525	3.55%	4.97%
2-Bedroom	$1,672 – $1,783	4.82%	3.23%
3-Bedroom	$2,169 – $2,280	3.21%	1.63%
4-Bedroom	$3,096 – $3,288	1.11%	1.11%

Condo/Townhome

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,420 – $1,463	0.94%	-1.42%
2-Bedroom	$1,653 – $1,738	0.05%	0.61%
3-Bedroom	$2,142 – $2,252	0.94%	-0.98%
4-Bedroom	$3,178 – $3,374	3.12%	0.23%

Single-Family

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,685 – $1,808	-3.24%	-6.25%
2-Bedroom	$2,101 – $2,208	3.60%	-1.44%
3-Bedroom	$2,145 – $2,370	-2.87%	-0.45%
4-Bedroom	$2,596 – $2,898	-1.67%	0.45%

Data updated: September 22, 2026

Deer Valley / TSMC Rental Trends

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.

12-Month Median Rent Trend

Apartment

Month	1 BR	2 BR	3 BR	4 BR
August 2026	$1,492	$1,727	$2,225	$3,192
July 2026	$1,237	$1,520	$1,958	$3,061
June 2026	$1,413	$1,637	$2,121	$3,089
May 2026	$1,420	$1,616	$2,128	$3,095
April 2026	$1,356	$1,616	$2,053	$3,092
March 2026	$1,287	$1,630	$2,073	$2,914
February 2026	$1,323	$1,605	$2,104	$3,038
January 2026	$1,377	$1,634	$2,183	$3,072
December 2025	$1,384	$1,646	$2,189	$3,150
November 2025	$1,385	$1,645	$2,175	$3,187
October 2025	$1,357	$1,692	$2,159	$3,187
September 2025	$1,387	$1,661	$2,132	$3,115

Condo / Townhome

Month	1 BR	2 BR	3 BR	4 BR
August 2026	$1,441	$1,696	$2,197	$3,276
July 2026	$1,356	$1,583	$2,066	$3,286
June 2026	$1,393	$1,671	$2,184	$3,164
May 2026	$1,395	$1,683	$2,171	$3,066
April 2026	$1,377	$1,673	$2,092	$3,121
March 2026	$1,277	$1,497	$1,935	$3,177
February 2026	$1,438	$1,656	$2,144	$3,188
January 2026	$1,446	$1,684	$2,182	$3,219
December 2025	$1,434	$1,648	$2,182	$3,230
November 2025	$1,455	$1,667	$2,185	$3,254
October 2025	$1,426	$1,692	$2,192	$3,260
September 2025	$1,473	$1,668	$2,181	$3,271

Single-Family

Month	1 BR	2 BR	3 BR	4 BR
August 2026	$1,747	$2,155	$2,257	$2,747
July 2026	$1,786	$1,961	$2,244	$2,758
June 2026	$1,757	$2,026	$2,328	$2,702
May 2026	$1,713	$1,971	$2,281	$2,748
April 2026	$1,667	$1,956	$2,267	$2,706
March 2026	$1,758	$1,967	$2,132	$2,504
February 2026	$1,777	$2,146	$2,178	$2,512
January 2026	$1,803	$2,166	$2,198	$2,535
December 2025	$1,815	$2,129	$2,208	$2,573
November 2025	$1,829	$2,146	$2,196	$2,590
October 2025	$1,826	$2,160	$2,232	$2,667
September 2025	$1,833	$2,200	$2,239	$2,703

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